WealthTrust Asset Management LLC Invests $1.12 Million in Tesla, Inc. $TSLA

WealthTrust Asset Management LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 3,024 shares of the electric vehicle producer’s stock, valued at approximately $1,124,000. Tesla makes up about 0.7% of WealthTrust Asset Management LLC’s investment portfolio, making the stock its 29th largest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock valued at $35,509,000 after purchasing an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after purchasing an additional 931 shares in the last quarter. Bison Wealth LLC lifted its stake in Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after purchasing an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Tesla by 9.1% during the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after buying an additional 1,011 shares in the last quarter. Finally, AGP Franklin LLC increased its holdings in shares of Tesla by 21.2% during the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after buying an additional 851 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Insider Activity at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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 on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 32,015 shares of company stock valued at $12,383,640. 19.90% of the stock is owned by corporate insiders.

Tesla Price Performance

TSLA opened at $380.79 on Friday. Tesla, Inc. has a 1 year low of $297.82 and a 1 year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The firm’s fifty day moving average price is $409.41 and its two-hundred day moving average price is $406.00. The company has a market capitalization of $1.43 trillion, a price-to-earnings ratio of 349.35, a P/E/G ratio of 13.68 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same period last year, the firm posted $0.27 EPS. The business’s revenue was up 15.8% compared to the same quarter last year. As a group, analysts anticipate that Tesla, Inc. will post 1.34 earnings per share for the current fiscal year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $460 price target, citing rapid robotaxi expansion, better-than-expected deliveries, and upcoming Optimus milestones.
• Positive Sentiment: Analysts and investors continue to focus on Tesla’s robotaxi, Cybercab, and Optimus programs, which remain major long-term growth catalysts.
• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Tesla, signaling at least some improving expectations heading into the report.
• Neutral Sentiment: Wall Street expects a sizable earnings-driven stock move, with options pricing implying elevated volatility around the report.
• Neutral Sentiment: Recent coverage highlights that Tesla’s quarterly delivery strength has not yet translated into a sustained stock rebound, suggesting investors want more than just beat-and-raise narratives.
• Negative Sentiment: Broader AI and high-growth tech weakness is weighing on Tesla, as investors worry about stretched valuations and cooling enthusiasm for expensive megacap names.
• Negative Sentiment: Several reports point to skepticism around Tesla’s valuation, with commentary noting the stock could be vulnerable if earnings, margins, or guidance disappoint.
• Negative Sentiment: Competitive and regulatory headwinds remain in focus, including tougher EV competition in Europe, a denied NHTSA petition over a headlight recall issue, and ongoing scrutiny of Tesla’s autonomy claims.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TSLA. Morgan Stanley raised their price objective on Tesla from $415.00 to $417.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. DZ Bank upgraded Tesla from a “sell” rating to a “hold” rating and set a $385.00 target price for the company in a research report on Friday, April 24th. Truist Financial lifted their price target on Tesla from $400.00 to $430.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Tesla in a research note on Wednesday, June 24th. Finally, BNP Paribas Exane lowered shares of Tesla from a “hold” rating to an “underperform” rating in a report on Friday, June 5th. Twenty-one investment analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $408.07.

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.