Wealthedge Investment Advisors LLC purchased a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,234 shares of the electric vehicle producer’s stock, valued at approximately $994,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the second quarter valued at about $26,000. Manning & Napier Advisors LLC acquired a new position in Tesla during the third quarter worth approximately $29,000. CoreFirst Bank & Trust acquired a new stake in shares of Tesla in the 2nd quarter worth $30,000. ESL Trust Services LLC boosted its position in shares of Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after buying an additional 95 shares in the last quarter. Finally, Delos Wealth Advisors LLC purchased a new stake in shares of Tesla in the second quarter valued at $32,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several brokerages have recently weighed in on TSLA. HSBC reaffirmed a “reduce” rating on shares of Tesla in a research report on Monday, November 17th. China Renaissance upped their price objective on Tesla from $380.00 to $382.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, January 27th. Barclays reiterated a “neutral” rating on shares of Tesla in a report on Wednesday, February 18th. Finally, President Capital lowered their target price on shares of Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $408.09.
Tesla Stock Down 1.5%
NASDAQ:TSLA opened at $402.51 on Friday. The firm has a market capitalization of $1.51 trillion, a price-to-earnings ratio of 372.69, a price-to-earnings-growth ratio of 14.54 and a beta of 1.86. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The stock’s 50 day moving average price is $433.46 and its two-hundred day moving average price is $420.43.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The company had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.73 earnings per share. Equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.
Key Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla says FSD and Cybercab could roll out in Europe soon and Elon Musk has flagged Optimus/Cybercab production at the German factory — a regulatory approval or tangible European launch would be a material growth catalyst. Elon Musk: Tesla FSD Coming To Europe, Alongside Cybercab, Optimus Production
- Positive Sentiment: Commercial energy business wins: Tesla Megapack will power a 400MW AI data‑center campus in Brazil — strengthens non‑auto revenue pipeline and recurring project opportunities. Tesla’s Megapack Will Power 400MW AI Data Center in Brazil
- Positive Sentiment: Tesla preparing to bring the Semi truck to Europe — expansion of commercial vehicle market could add revenue optionality beyond passenger EVs. Tesla (TSLA) Is Getting Ready to Bring Its All-Electric Semi Truck to Europe
- Neutral Sentiment: Labor noise eased in Germany after a truce with unions — reduces near‑term operational disruption risk at Giga Berlin but doesn’t change demand/technology concerns. German union says settlement reached dispute with Tesla
- Negative Sentiment: Victor Nechita, program manager for Cybercab, announced his departure — investors view this as execution risk for the robo‑taxi initiative and it has pressured the stock. Tesla Stock Slips After Cybercab Chief Exits Ahead of Robo-Taxi Launch
- Negative Sentiment: China demand softening: delivery lead times collapsed to 1–3 weeks and Tesla extended financing offers again — signals inventory/pricing pressure and intensifying competition in its largest market. Tesla (TSLA) China delivery times collapse to 1-3 weeks as it extends financing again
- Negative Sentiment: Regulatory and legal headwinds: Tesla sued the California DMV over alleged false advertising around FSD/Autopilot — increases litigation risk and highlights regulatory scrutiny of its autonomy claims. Elon Musk’s Tesla Sues California DMV Following False Advertising Row Around FSD, Autopilot
- Negative Sentiment: Robotaxi progress questioned: multiple reports say Tesla has logged zero California test miles for commercial robotaxis, no major US permits, and safety metrics that have drawn scrutiny — this undermines the premium valuation narrative tied to future robotaxi revenue. Musk touts California robotaxis; Tesla does nothing to get permits
Insider Transactions at Tesla
In related news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total value of $10,692,774.36. Following the completion of the transaction, the director owned 19,669 shares in the company, valued at approximately $8,173,649.64. This represents a 56.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 145,188 shares of company stock worth $64,193,919. 19.90% of the stock is owned by corporate insiders.
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.
Further Reading
- Five stocks we like better than Tesla
- 3 Signs You May Want to Switch Financial Advisors
- Unlocked: Elon Musk’s Next Big IPO
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- 1,500 Banks Just Handed the Fed Your Bank Account
- The Man Who Predicted the iPhone Says Buy These 3 Companies
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
