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Those shareholders include the five New York City pension funds, for which Lander is custodian. Their aggregate value of Tesla common stock fell to $831 million on March 28 vs. $1.3 billion on Dec. 31 ...
New York City Comptroller Brad Lander, the investment adviser to the city’s five pension funds, accused Tesla Inc. of misrepresenting chief executive officer Elon Musk’s involvement in the company.
Analyst sentiment on Tesla remains divided. The consensus price target sits at $326.30, suggesting 22% upside from current levels, with the most bullish forecast predicting a 105.7% rise to $550.