K.J. Harrison & Partners Inc boosted its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 204.7% in the third quarter, Holdings Channel.com reports. The firm owned 20,842 shares of the electric vehicle producer’s stock after acquiring an additional 14,001 shares during the quarter. Tesla comprises about 1.3% of K.J. Harrison & Partners Inc’s portfolio, making the stock its 13th largest position. K.J. Harrison & Partners Inc’s holdings in Tesla were worth $9,087,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. Relyea Zuckerberg Hanson LLC raised its position in shares of Tesla by 0.4% in the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock worth $2,916,000 after buying an additional 23 shares during the period. Equita Financial Network Inc. increased its stake in Tesla by 2.8% during the third quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock worth $380,000 after acquiring an additional 23 shares during the last quarter. VanderPol Investments L.L.C. raised its holdings in shares of Tesla by 2.2% in the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock worth $464,000 after purchasing an additional 23 shares during the period. Resonant Capital Advisors LLC lifted its stake in shares of Tesla by 0.3% in the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock valued at $3,814,000 after purchasing an additional 23 shares in the last quarter. Finally, Cloud Capital Management LLC grew its holdings in shares of Tesla by 1.1% during the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock worth $923,000 after purchasing an additional 23 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Tesla Stock Up 1.9%
Shares of NASDAQ TSLA opened at $417.26 on Thursday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The stock’s 50-day simple moving average is $436.53 and its 200-day simple moving average is $420.06. The firm has a market cap of $1.57 trillion, a price-to-earnings ratio of 386.35, a PEG ratio of 14.47 and a beta of 1.86.
Analyst Upgrades and Downgrades
TSLA has been the topic of several research reports. William Blair restated a “market perform” rating on shares of Tesla in a report on Friday, January 2nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $500.00 target price on shares of Tesla in a research note on Thursday, January 29th. Stifel Nicolaus set a $508.00 price target on shares of Tesla in a research report on Thursday, January 29th. Evercore increased their price target on Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Finally, New Street Research boosted their price objective on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Eighteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $408.09.
Read Our Latest Research Report on TSLA
Insider Buying and Selling at Tesla
In other Tesla news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This represents a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kimbal Musk sold 56,820 shares of the business’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 sale, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. The trade was a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 119,457 shares of company stock worth $53,501,145 in the last ninety days. 19.90% of the stock is owned by insiders.
More Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Grok AI expands internationally — Tesla has begun rolling out its Grok AI assistant to drivers in Australia and New Zealand, which supports the company’s strategy to grow software, in‑car services and recurring revenue streams. Tesla (TSLA) Rolls Out Its Grok AI Assistant to Australia and New Zealand Drivers
- Positive Sentiment: Market is still rewarding the AI/robotics narrative — coverage notes skepticism about Optimus but the stock has risen as investors price Tesla more like an AI/robotics platform than a legacy automaker, supporting upside if execution tests out. The Tesla Robot Opportunity Is a ‘Delusion.’ The Stock Rises Anyway.
- Neutral Sentiment: Valuation vs. narrative — analysts highlight Tesla’s P/E near multi‑year highs as the market prices long‑term robotics/AI growth; that makes the stock highly sensitive to any execution misses. Tesla’s P/E Is Near a 5-Year High—Buy Signal or Panic Signal?
- Negative Sentiment: Autopilot legal hit could be costly — a judge upheld a ~$243M jury verdict tied to an Autopilot‑related crash, a decision that signals larger liability and reputational headwinds for Tesla’s safety claims and FSD business economics. Tesla loses crucial Autopilot ruling that could cost hundreds of millions
- Negative Sentiment: Regulatory fight continues — Tesla has sued the California DMV to overturn a false‑advertising finding about FSD/Autopilot; ongoing regulatory scrutiny raises the risk of restrictions or required changes to marketing and product rollouts. Tesla vs California DMV not over yet — sues to reverse FSD false advertising ruling
- Negative Sentiment: Europe sales slipping — January EU registrations fell sharply (≈17% YoY) while rivals like BYD are gaining share, pressuring revenue and margins in a key market. Tesla’s Europe problem keeps getting worse. Here’s why
- Negative Sentiment: Execution & cost risk from pivot to robots — Tesla is repurposing Fremont production for Optimus and signaling >$20B capex for Robotaxi/AI infrastructure while winding down some premium vehicle lines; this increases near‑term cash burn and execution risk if robot revenues take time to materialize. Tesla Refocuses On AI And Robotics As Legal Risks Mount
- Negative Sentiment: Labor/hiring legal exposure — a U.S. judge allowed a discrimination lawsuit alleging preference for non‑U.S. workers to proceed, adding another potential legal and reputational headwind. Tesla must face lawsuit alleging anti‑American bias in hiring, US judge rules
About Tesla
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.
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