3,154 Shares in Tesla, Inc. $TSLA Acquired by Zinnia Wealth Advisory LLC

Zinnia Wealth Advisory LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,154 shares of the electric vehicle producer’s stock, valued at approximately $1,418,000. Tesla makes up approximately 1.5% of Zinnia Wealth Advisory LLC’s portfolio, making the stock its 18th biggest position.

A number of other hedge funds also recently made changes to their positions in TSLA. PFS Partners LLC lifted its holdings in Tesla by 4.2% in the 4th quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer’s stock worth $265,000 after buying an additional 24 shares in the last quarter. Presidio Capital Management LLC grew its stake in shares of Tesla by 0.6% during the third quarter. Presidio Capital Management LLC now owns 3,996 shares of the electric vehicle producer’s stock valued at $1,777,000 after acquiring an additional 25 shares in the last quarter. Journey Advisory Group LLC increased its position in shares of Tesla by 0.7% during the third quarter. Journey Advisory Group LLC now owns 3,414 shares of the electric vehicle producer’s stock worth $1,518,000 after acquiring an additional 25 shares during the last quarter. Boltwood Capital Management lifted its stake in shares of Tesla by 1.2% in the fourth quarter. Boltwood Capital Management now owns 2,120 shares of the electric vehicle producer’s stock worth $953,000 after acquiring an additional 25 shares in the last quarter. Finally, Woodmont Investment Counsel LLC boosted its holdings in Tesla by 1.2% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer’s stock valued at $955,000 after purchasing an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on TSLA shares. Piper Sandler restated an “overweight” rating on shares of Tesla in a report on Wednesday. Jefferies Financial Group reiterated a “neutral” rating on shares of Tesla in a research note on Wednesday, April 22nd. Mizuho dropped their price target on shares of Tesla from $540.00 to $480.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft began coverage on shares of Tesla in a report on Friday, June 5th. They issued a “buy” rating on the stock. Finally, Sanford C. Bernstein raised shares of Tesla from an “underperform” rating to an “outperform” rating in a report on Friday, June 5th. Twenty-two research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $404.37.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Negative Sentiment: Reuters reported that Tesla presented self-published FSD safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers say may be misleading marketing, which could complicate European approval efforts and raise regulatory/reputational risk. Exclusive: Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators
• Positive Sentiment: Piper Sandler said Tesla has “cracked” the self-driving technology challenge, reinforcing the bullish case that autonomy could become a major future value driver for TSLA. Piper Sandler says Tesla has cracked self-driving technology challenge (TSLA)
• Positive Sentiment: Elon Musk pushed back on claims that Tesla’s growth depended on government incentives, saying sales actually rose after the $7,500 EV credit was removed; that supports the narrative that demand can remain resilient without subsidies. Elon Musk Says Tesla Sales ‘Actually Increased’ When Trump Removed $7,500 EV Credit, Calls Government Incentives Claim ‘Totally False’
• Neutral Sentiment: Ongoing speculation about a possible Tesla-SpaceX merger and the impact of SpaceX’s IPO is adding noise to Tesla’s valuation debate, but it remains highly uncertain and not directly tied to near-term fundamentals. Tesla Merger Talk With SpaceX Reshapes AI And Investor Outlook
• Neutral Sentiment: Coverage noting that Tesla appears in stock watchlists and broader EV roundups is not material by itself, but it reflects continued investor attention to the name. Electric Vehicle Stocks To Add to Your Watchlist – June 14th

Tesla Price Performance

Shares of NASDAQ TSLA opened at $406.43 on Monday. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 372.87, a price-to-earnings-growth ratio of 16.25 and a beta of 1.80. Tesla, Inc. has a twelve month low of $288.77 and a twelve month high of $498.83. The business has a 50 day simple moving average of $398.35 and a 200-day simple moving average of $416.00.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period last year, the business posted $0.27 earnings per share. As a group, equities research analysts expect that Tesla, Inc. will post 1.19 earnings per share for the current year.

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 57,824 shares of company stock worth $21,657,588. 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.