Tesla, Inc. $TSLA Shares Sold by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC reduced its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 14.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,579 shares of the electric vehicle producer’s stock after selling 4,296 shares during the quarter. Tesla makes up about 2.2% of Legacy Capital Wealth Partners LLC’s portfolio, making the stock its 4th biggest holding. Legacy Capital Wealth Partners LLC’s holdings in Tesla were worth $11,054,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Turning Point Benefit Group Inc. bought a new position in Tesla during the third quarter worth $30,000. Manning & Napier Advisors LLC bought a new position in shares of Tesla in the third quarter valued at about $29,000. Texas Capital Bancshares Inc TX bought a new position in shares of Tesla in the third quarter valued at about $31,000. First Community Trust NA acquired a new stake in shares of Tesla during the 4th quarter worth about $31,000. Finally, Westend Capital Management LLC bought a new stake in shares of Tesla during the 3rd quarter worth about $32,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said a broader release of FSD 14.3 is expected by the week’s end — a near‑term product catalyst that supports Tesla’s autonomy narrative and upside to future software revenue. Musk: FSD 14.3 broader release
• Positive Sentiment: European sales data show a sharp rebound — French registrations more than tripled in March and Nordic markets also surged, signaling improving continental demand after last year’s market share loss. This underpins delivery optimism and regional recovery expectations. France registrations triple
• Positive Sentiment: CEO Musk flagged a “big” investment in Japan to expand service and Supercharger capacity — a tangible infrastructure spending plan that can improve ownership economics and sales prospects in a key market. Musk: Japan investment
• Neutral Sentiment: Market focus on Q1 deliveries — consensus expects ~365–366k units but several outlets flag a likely sequential dip; the delivery print (due early Thursday) is the imminent event risk that will drive volatility either way. Q1 deliveries likely dip
• Neutral Sentiment: Analysts are re‑rating and adjusting models: Canaccord nudged delivery estimates but cut its price target, reflecting mixed analyst views that keep upside/downside balanced ahead of the print. Canaccord cuts PT
• Negative Sentiment: Zacks Research downgraded TSLA to “Strong Sell” and trimmed EPS forecasts — a formal sell rating and lowered estimates that can pressure sentiment and trigger further analyst negativity. Zacks downgrades to Strong Sell
• Negative Sentiment: Competition is heating: Nio reported a 136% YoY surge in March deliveries, highlighting regional share challenges that could cap Tesla’s growth expectations in China and Europe. Nio delivery surge
• Negative Sentiment: Elon Musk announced the end of Model S and X production — removes higher‑margin lines and underscores Tesla’s shift toward new product priorities (robotaxis/Optimus), which some investors view as near‑term margin risk. Model S/X production ends
• Negative Sentiment: Several outlets flag margin and growth risks — lingering worries about profitability, high valuation and potential delivery softness keep downside risk if the upcoming delivery report disappoints. Margin & valuation concerns

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Benchmark reiterated a “buy” rating on shares of Tesla in a research note on Wednesday, February 11th. BNP Paribas Exane reduced their price objective on Tesla from $313.00 to $280.00 and set an “underperform” rating for the company in a report on Monday, March 2nd. Phillip Securities decreased their target price on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a research report on Monday, February 2nd. Morgan Stanley set a $415.00 target price on Tesla and gave the stock an “equal weight” rating in a research note on Thursday, January 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a report on Tuesday, January 27th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have issued a Sell rating to the company’s stock. According to MarketBeat, Tesla has an average rating of “Hold” and an average price target of $403.98.

Tesla Stock Performance

Shares of NASDAQ:TSLA opened at $381.26 on Thursday. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The company’s 50 day moving average price is $404.61 and its two-hundred day moving average price is $428.32. The firm has a market cap of $1.43 trillion, a PE ratio of 353.02, a PEG ratio of 11.00 and a beta of 1.91. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last released 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 company had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 earnings per share. Equities research analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the sale, the director owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 87,995 shares of company stock worth $38,315,650 in the last 90 days. Company insiders own 19.90% of the company’s stock.

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.