LifeGoal Investments LLC Acquires 14,424 Shares of Tesla, Inc. $TSLA

LifeGoal Investments LLC lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 1,113.8% during the 3rd quarter, Holdings Channel reports. The firm owned 15,719 shares of the electric vehicle producer’s stock after purchasing an additional 14,424 shares during the quarter. Tesla comprises 1.7% of LifeGoal Investments LLC’s holdings, making the stock its 16th largest position. LifeGoal Investments LLC’s holdings in Tesla were worth $5,577,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in TSLA. Clear Trail Advisors LLC boosted its holdings in shares of Tesla by 1.6% during the 1st quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock worth $605,000 after buying an additional 25 shares in the last quarter. Peirce Capital Management LLC increased its stake in shares of Tesla by 1.5% in the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock valued at $697,000 after acquiring an additional 25 shares in the last quarter. WealthTrust Axiom LLC increased its stake in Tesla by 1.6% in the fourth quarter. WealthTrust Axiom LLC now owns 1,630 shares of the electric vehicle producer’s stock valued at $733,000 after purchasing an additional 26 shares in the last quarter. Retirement Planning Group LLC NY raised its holdings in shares of Tesla by 3.8% during the first quarter. Retirement Planning Group LLC NY now owns 713 shares of the electric vehicle producer’s stock valued at $265,000 after purchasing an additional 26 shares during the period. Finally, Phillip James Consulting Co. boosted its position in shares of Tesla by 8.7% during the 1st quarter. Phillip James Consulting Co. now owns 326 shares of the electric vehicle producer’s stock worth $121,000 after purchasing an additional 26 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla’s China-made vehicle sales increased 5% year over year in September, accelerating from August’s 3.6% gain. The improvement, alongside a continuing European sales recovery, suggests demand may be stabilizing after a difficult period. Reuters: Tesla’s China-made EV sales quicken in September
  • Positive Sentiment: Tesla’s third-quarter deliveries of 486,532 vehicles exceeded expectations, providing near-term support for the stock. Investors are now focused on whether the delivery beat translates into healthier automotive margins when quarterly results are released. MarketBeat: Tesla’s EV Delivery Beat Is In
  • Positive Sentiment: Germany’s transport minister backed faster European approval for Tesla’s supervised driver-assistance technology, potentially expanding the addressable market for Tesla’s autonomy software. Lemonade also expanded insurance support for Tesla vehicles using newer FSD software, which could encourage adoption. Benzinga: Tesla Drops Full Self-Driving Name in Europe
  • Positive Sentiment: Tesla and Pilot opened their first Megacharger site for heavy-duty electric trucks and announced three additional locations, supporting the long-term commercial-vehicle and charging-network opportunity. Business Wire: Pilot and Tesla Open First Megacharger Site
  • Neutral Sentiment: Tesla is replacing the “Full Self-Driving” name with “Tesla Assisted Driving” in Europe. The change may help address regulatory and liability concerns, but EU-wide approval remains contested and could delay monetization of the technology.
  • Negative Sentiment: Valuation remains a major risk: Tesla trades at roughly 347 times earnings, while analysts and commentators question whether vehicle sales and profits can justify the premium. The company’s prior earnings miss and modest net margin make the stock particularly sensitive to any disappointment.
  • Negative Sentiment: Reports that Tesla pressured European regulators to shorten or reduce FSD testing have intensified safety and governance concerns. The company’s large AI spending also raises questions about cash use, execution, and whether autonomy and robotics can deliver returns soon enough.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company’s stock.

Tesla Stock Performance

Shares of TSLA opened at $375.00 on Friday. The firm has a market capitalization of $1.48 trillion, a P/E ratio of 347.23, a P/E/G ratio of 20.56 and a beta of 1.92. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The stock has a 50 day moving average price of $354.18 and a two-hundred day moving average price of $377.19. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the prior year, the business earned $0.33 EPS. The firm’s revenue for the quarter was up 25.5% compared to the same quarter last year. Equities analysts forecast that Tesla, Inc. will post 0.83 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of research analyst reports. KeyCorp raised Tesla to a “sector weight” rating in a research report on Monday, September 28th. Tigress Financial reissued a “buy” rating and issued a $550.00 price objective on shares of Tesla in a research note on Thursday. Oppenheimer restated a “market perform” rating on shares of Tesla in a report on Monday, September 21st. TD Cowen reiterated a “buy” rating on shares of Tesla in a report on Friday, August 14th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, Tesla currently has an average rating of “Hold” and a consensus price target of $412.19.

Read Our Latest Research Report on Tesla

About Tesla

(Free Report)

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.

See Also

Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).

Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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