Tesla, Inc. $TSLA Shares Acquired by Candriam S.C.A.

Candriam S.C.A. boosted its holdings in Tesla, Inc. (NASDAQ:TSLA) by 2.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 322,479 shares of the electric vehicle producer’s stock after acquiring an additional 8,519 shares during the quarter. Candriam S.C.A.’s holdings in Tesla were worth $114,837,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of TSLA. State Street Corp grew its position in Tesla by 2.4% in the 2nd quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after buying an additional 2,761,298 shares in the last quarter. Legal & General Group Plc acquired a new stake in shares of Tesla in the 2nd quarter worth approximately $8,535,612,000. Amundi lifted its stake in shares of Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after acquiring an additional 2,727,141 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Tesla in the second quarter valued at approximately $6,083,630,000. Finally, Bamco Inc. NY boosted its holdings in shares of Tesla by 5.0% in the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after acquiring an additional 591,243 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 20.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. The Goldman Sachs Group reissued a “neutral” rating on shares of Tesla in a report on Thursday, October 22nd. BNP Paribas Exane upgraded Tesla from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $266.00 to $420.00 in a report on Thursday, October 22nd. BMO Capital Markets assumed coverage on shares of Tesla in a research report on Monday, August 17th. They issued an “outperform” rating on the stock. Jefferies Financial Group raised shares of Tesla from a “hold” rating to a “buy” rating in a report on Monday, October 26th. Finally, UBS Group upgraded shares of Tesla from a “neutral” rating to a “buy” rating in a report on Monday, October 26th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $414.51.

Tesla Stock Up 4.2%

Shares of Tesla stock opened at $358.22 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The stock has a 50-day moving average price of $372.14 and a 200 day moving average price of $384.35. The company has a market cap of $1.42 trillion, a P/E ratio of 393.65, a P/E/G ratio of 22.19 and a beta of 1.74.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The firm had revenue of $28.05 billion for the quarter, compared to the consensus estimate of $28.06 billion. During the same period in the previous year, the firm posted $0.50 earnings per share. The firm’s revenue was down .2% on a year-over-year basis. As a group, analysts expect that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

About Tesla

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.