EFG Asset Management Americas Corp. cut its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 87.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 497 shares of the electric vehicle producer’s stock after selling 3,590 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in Tesla were worth $221,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. Chapman Financial Group LLC acquired a new position in shares of Tesla during the 2nd quarter worth approximately $26,000. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla in the third quarter valued at approximately $29,000. CoreFirst Bank & Trust purchased a new position in Tesla during the second quarter worth approximately $30,000. Texas Capital Bancshares Inc TX acquired a new position in Tesla during the third quarter worth $31,000. Finally, ESL Trust Services LLC grew its holdings in Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after buying an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Trending Headlines about Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: China-made EV deliveries jumped sharply, signaling a possible demand rebound in Tesla’s largest growth market — a near-term tailwind for revenue and utilization at Giga Shanghai. Tesla’s China-Made EV Sales Just Nearly Doubled
- Positive Sentiment: The UK regulator granted Tesla Energy Ventures a licence to sell electricity to households and businesses in Great Britain — expanding a recurring‑revenue energy business that diversifies Tesla beyond vehicle sales. Tesla’s energy business wins approval to supply electricity in UK
- Positive Sentiment: FTC approval allows Tesla to convert its xAI investment into a small stake in SpaceX — a potential way to capture upside from a future SpaceX IPO and recycle capital toward core Tesla initiatives. Tesla Approved To Convert xAI Stakes Into SpaceX
- Neutral Sentiment: Elon Musk’s Macrohard AI initiative and Tesla’s increasing software focus could unlock high-margin services (robotaxi/agent revenue) but are unproven at scale and are already commanding more investor attention than monthly delivery data. Tesla Turns into A ‘Software-Killer’ With Macrohard
- Neutral Sentiment: Management says Optimus 3 will be released on an annual design cadence; robotics/Optimus progress is a medium‑term upside but execution timelines remain a major source of uncertainty. This Is Elon Musk’s Latest Optimus 3 Production Timeline
- Negative Sentiment: Rivian’s R2 launch and mass-market push create renewed competitive pressure in the midsize SUV segment — a near-term risk to Tesla’s Model Y pricing and volume if Rivian executes on a lower‑priced, high‑volume ramp. Rivian Is About to Challenge Tesla Where It Hurts Most
- Negative Sentiment: Analyst and safety concerns: third‑party FSD metrics and at least one firm’s negative coverage highlight deteriorating disengagement/safety data — a material regulatory and litigation risk that can depress multiples and slow robotaxi commercialization. Tesla’s FSD Safety Metrics ‘Sharply Deteriorating,’ Says Analyst
- Negative Sentiment: xAI leadership churn and reported layoffs raise governance and execution questions around Tesla’s broader AI strategy — investors may penalize near-term stock performance until the AI/robotics roadmap shows consistent progress. Musk ousts more xAI founders as AI coding effort falters, FT reports
Insider Buying and Selling
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on TSLA. BNP Paribas Exane lowered their price target on shares of Tesla from $313.00 to $280.00 and set an “underperform” rating on the stock in a research report on Monday, March 2nd. New Street Research raised their price objective on shares of Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $510.00 target price on shares of Tesla in a research note on Thursday, January 29th. Tigress Financial started coverage on shares of Tesla in a research note on Thursday, February 12th. They issued a “buy” rating and a $550.00 price target for the company. Finally, Phillip Securities cut their price target on shares of Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a report on Monday, February 2nd. Nineteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Tesla has a consensus rating of “Hold” and an average price target of $406.84.
Get Our Latest Analysis on Tesla
Tesla Trading Down 1.0%
NASDAQ TSLA opened at $391.20 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The stock has a market capitalization of $1.47 trillion, a P/E ratio of 362.22, a PEG ratio of 11.57 and a beta of 1.89. The firm’s 50-day moving average is $419.98 and its two-hundred day moving average is $426.02. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period last year, the business earned $0.73 earnings per share. On average, sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year.
Tesla Company 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.
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