NorthCrest Asset Manangement LLC Has $6.82 Million Position in Tesla, Inc. $TSLA

NorthCrest Asset Manangement LLC raised its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 23.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,748 shares of the electric vehicle producer’s stock after buying an additional 2,969 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Tesla were worth $6,820,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Geode Capital Management LLC boosted its stake in Tesla by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock valued at $20,480,477,000 after purchasing an additional 1,269,304 shares during the period. Norges Bank acquired a new stake in shares of Tesla in the second quarter worth $11,839,824,000. Legal & General Group Plc increased its holdings in shares of Tesla by 5.9% during the 2nd quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock worth $6,424,705,000 after purchasing an additional 1,134,678 shares during the period. Finally, Amundi raised its stake in shares of Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after purchasing an additional 3,422,270 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Analyst Ratings Changes

TSLA has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research note on Thursday, October 30th. JPMorgan Chase & Co. restated a “sell” rating on shares of Tesla in a research report on Monday, January 5th. New Street Research boosted their target price on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Roth Mkm set a $505.00 price objective on shares of Tesla and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Wedbush restated an “outperform” rating and set a $600.00 target price on shares of Tesla in a report on Monday, December 15th. Seventeen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat, Tesla has an average rating of “Hold” and a consensus price target of $410.46.

Tesla Stock Up 2.9%

TSLA stock opened at $431.44 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. The stock has a market capitalization of $1.43 trillion, a P/E ratio of 287.63, a P/E/G ratio of 7.13 and a beta of 1.83. The business has a 50-day moving average of $442.96 and a 200-day moving average of $401.85.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same quarter in the previous year, the firm posted $0.72 earnings per share. The firm’s revenue for the quarter was up 11.6% on a year-over-year basis. On average, sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Transactions at Tesla

In other news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 119,457 shares of company stock worth $53,501,145 in the last 90 days. Corporate insiders own 19.90% of the company’s stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Lemonade will offer steep discounts (halving rates in some cases) for Tesla drivers using the Full Self-Driving/software assistant — this reduces ownership cost and could accelerate FSD adoption, lowering a friction point for buyers and supporting the long-term monetization thesis for Tesla’s autonomy stack. Lemonade to halve Tesla insurance rates for miles driven with software assistant
• Positive Sentiment: Traders cite fresh optimism around robotaxi timing, energy-storage deliveries and Tesla’s in‑house AI chip roadmap as reasons for today’s rebound — these narratives boost the long‑term optionality priced into TSLA. Tesla stock rebounds nearly 3% today: what’s driving the move?
• Positive Sentiment: Tesla reportedly revived its Dojo3 supercomputer effort — a visible recommitment to AI compute that underpins Full Self-Driving and robotaxi ambitions, reinforcing investor belief in high-margin software/AI upside. Tesla Just Revived Its Dojo3 Supercomputer. Does That Make TSLA Stock a Buy Here?
• Neutral Sentiment: Tesla will end free FSD transfers on March 31 — this could push more users to subscriptions (recurring revenue) but may also reduce perceived resale value or complicate used-car transactions. Tesla Says Free FSD Transfer Will End On March 31: Here’s How You Can Qualify
• Neutral Sentiment: Market commentary is polarized ahead of Q4 earnings — bullish narratives (autonomy/AI) compete with concerns about deliveries, margins and valuation, setting up potential for volatility around the report. Tesla Bulls vs. Bears Are Getting Loud Ahead of Earnings
• Negative Sentiment: Handelsblatt/Reuters report Tesla cut roughly 1,700 staff at the Berlin Gigafactory — a negative near-term signal about production staffing and local execution that could affect supply/delivery cadence and investor sentiment. Tesla reduces Berlin staff by 1,700, Handelsblatt reports
• Negative Sentiment: CEO-related headlines (polls about buying Ryanair, past concerns about potential share sales) continue to generate volatility and occasional investor worry that Musk’s outside activities could trigger distraction or the need to sell TSLA stock in the future. Do Tesla Investors Have To Worry About Elon Musk Selling Stock?

About Tesla

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.