Peirce Capital Management LLC Makes New Investment in Tesla, Inc. $TSLA

Peirce Capital Management LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA) in the fourth quarter, Holdings Channel.com reports. The firm acquired 1,581 shares of the electric vehicle producer’s stock, valued at approximately $711,000. Tesla comprises 0.3% of Peirce Capital Management LLC’s investment portfolio, making the stock its 27th largest position.

A number of other large investors also recently added to or reduced their stakes in TSLA. Networth Advisors LLC acquired a new position in Tesla during the fourth quarter worth $26,000. Chapman Financial Group LLC acquired a new position in Tesla during the second quarter worth $26,000. Davidson Capital Management Inc. raised its position in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after acquiring an additional 27 shares during the period. Prism Advisors Inc. acquired a new position in Tesla during the fourth quarter worth $30,000. Finally, Turning Point Benefit Group Inc. acquired a new position in Tesla in the 3rd quarter valued at $30,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TSLA has been the subject of several recent research reports. The Goldman Sachs Group reissued a “neutral” rating on shares of Tesla in a research note on Thursday, April 23rd. Phillip Securities reduced their price objective on Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a research note on Wednesday, May 13th. HSBC initiated coverage on Tesla in a research note on Monday, April 27th. They issued a “buy” rating for the company. DZ Bank raised Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective for the company in a research note on Friday, April 24th. Finally, Morgan Stanley set a $415.00 price objective on Tesla and gave the company an “equal weight” rating in a research note on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $395.20.

Tesla Stock Up 3.3%

Shares of TSLA opened at $417.26 on Thursday. Tesla, Inc. has a 52-week low of $273.21 and a 52-week high of $498.83. The company has a market capitalization of $1.57 trillion, a PE ratio of 382.81, a price-to-earnings-growth ratio of 15.96 and a beta of 1.79. The stock has a fifty day simple moving average of $387.02 and a two-hundred day simple moving average of $417.12. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same period last year, the company earned $0.27 EPS. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. As a group, equities analysts forecast that Tesla, Inc. will post 1.2 EPS for the current year.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $8,147,700. This trade represents a 14.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 83,213 shares of company stock valued at $32,201,105 over the last ninety days. Corporate insiders own 19.90% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla rolled out Full Self-Driving in China, marking a long-awaited expansion into a key market and reinforcing the company’s push to be valued as an AI/autonomy leader, not just an automaker. Article Title
• Positive Sentiment: China approval for FSD could improve Tesla’s competitive position versus local EV rivals that already offer advanced driver-assistance systems, helping support sentiment around Tesla’s software and robotaxi ambitions. Article Title
• Positive Sentiment: Additional reports say Tesla is expanding FSD into Europe as well, including Lithuania, which suggests the company is steadily broadening its global autonomy footprint. Article Title
• Neutral Sentiment: Several articles focused on Elon Musk’s broader empire, including SpaceX’s IPO filing and Tesla’s ownership stake in SpaceX; these stories may matter for investor attention, but they are indirect drivers of TSLA’s operating outlook. Article Title
• Negative Sentiment: Some coverage noted ongoing concerns about Tesla’s high valuation, price increases on the Model Y, and the risk that a SpaceX IPO could pull some investor capital away from TSLA. Article Title
• Negative Sentiment: Other headlines highlighted criticism of Tesla’s Cybertruck and debate over whether robotaxi and AI optimism is running ahead of fundamentals, which can add pressure to sentiment. Article Title

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.