Swedbank AB Buys 10,373 Shares of Tesla, Inc. $TSLA

Swedbank AB grew its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 1.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 553,153 shares of the electric vehicle producer’s stock after purchasing an additional 10,373 shares during the quarter. Swedbank AB’s holdings in Tesla were worth $245,998,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in TSLA. Chapman Financial Group LLC purchased a new stake in Tesla during the 2nd quarter valued at $26,000. Chelsea Counsel Co. increased its position in shares of Tesla by 59.7% in the first quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer’s stock valued at $28,000 after acquiring an additional 40 shares during the period. LGT Financial Advisors LLC bought a new position in shares of Tesla during the second quarter valued at about $29,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla during the second quarter worth about $30,000. Finally, ESL Trust Services LLC grew its stake in shares of Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after purchasing an additional 95 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of recent analyst reports. Bank of America upped their price target on Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Melius Research set a $520.00 target price on Tesla and gave the company a “buy” rating in a report on Monday, October 13th. Evercore ISI lifted their price target on shares of Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Cowen reissued a “buy” rating on shares of Tesla in a research report on Monday, November 17th. Finally, BNP Paribas raised their target price on shares of Tesla from $307.00 to $313.00 in a research report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $414.50.

Tesla Stock Down 0.2%

Shares of Tesla stock opened at $484.35 on Friday. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The firm has a market cap of $1.61 trillion, a price-to-earnings ratio of 322.90, a PEG ratio of 12.26 and a beta of 1.87. The company has a 50-day moving average of $444.26 and a 200 day moving average of $385.32. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion for the quarter, compared to analysts’ expectations of $24.98 billion. During the same quarter in the prior year, the company earned $0.72 earnings per share. The business’s revenue was up 11.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the transaction, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their position. The disclosure for this sale is available in the SEC filing. 19.90% of the stock is owned by company insiders.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Wall Street analyst upgrades and price‑target raises are supporting the rally — Deutsche Bank raised its target after strong delivery analysis and several brokers have lifted targets (some headlines cite targets as high as the low $500s). Deutsche Bank Price Target Hike Analysts Set $551 Target
• Positive Sentiment: Industry tech partners publicly praise Tesla’s FSD progress (Nvidia’s robotics chief complimented FSD v14), reinforcing the narrative that Tesla’s software/AI could unlock outsized future profits. Nvidia Praises FSD v14
• Neutral Sentiment: Driverless testing in Austin (including tests without safety drivers) is drawing Wall Street attention — this keeps the stock sensitive to any operational updates or regulatory comments but does not yet change fundamentals. Wall Street Attention on Austin Testing
• Neutral Sentiment: CEO Elon Musk posted a “joyful” edit to Tesla’s mission wording — a PR/branding move that can influence sentiment but is unlikely to materially affect near‑term fundamentals. Musk Edits Mission Wording
• Negative Sentiment: U.S. regulators opened a defect petition/investigation into ~179,000 Model 3 vehicles over hidden/unlabeled emergency door releases — this raises potential recall, remediation costs and reputational risk. Reuters: NHTSA Defect Petition
• Negative Sentiment: Reporting indicates Tesla’s Austin robotaxi operation is much smaller than public claims, raising execution and credibility questions around the timing/scale of commercial robotaxi rollout. NYT: Robotaxis Lag on Roads AOL: Project Smaller Than Claimed
• Negative Sentiment: Competition and regional demand softness: reports show Tesla’s European registrations have dropped while BYD’s European sales surge — this heightens margin and volume risk in a key market. Tesla European Sales Plunge

Tesla Profile

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.