One Plus One Wealth Management LLC bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,400 shares of the electric vehicle producer’s stock, valued at approximately $1,009,000. Tesla accounts for approximately 0.4% of One Plus One Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Crestwood Advisors Group LLC boosted its stake in shares of Tesla by 34.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after acquiring an additional 5,039 shares in the last quarter. Calamos Wealth Management LLC lifted its holdings in Tesla by 5.9% in the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock worth $18,846,000 after purchasing an additional 2,341 shares during the last quarter. Private Capital Advisors Inc. boosted its position in Tesla by 139.3% during the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock worth $9,593,000 after purchasing an additional 12,417 shares during the period. Wealthquest Corp acquired a new position in Tesla during the fourth quarter valued at approximately $1,035,000. Finally, Knights of Columbus Asset Advisors LLC grew its holdings in Tesla by 34.8% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock valued at $28,998,000 after purchasing an additional 16,652 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.
Tesla News Roundup
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla’s energy-storage business continues to provide a growth counterweight to weaker automotive profitability. SpaceX reportedly purchased nearly $300 million of Megapacks for AI data-center infrastructure, highlighting potential demand from Musk-affiliated companies and the broader AI-power market. Tesla’s Energy Business Just Got a SpaceX Demand Signal
- Positive Sentiment: International demand showed some encouraging signs. Tesla is expanding its Japanese delivery network by 60% amid stronger sales, while July data suggested the company may be stabilizing in China despite weakness across the broader passenger-car market. Tesla’s Japan Sales Surging
- Positive Sentiment: Tesla plans a potential $10 billion solar-panel factory in Texas, which could expand its energy-generation footprint. Separately, reports of strong Full Self-Driving adoption and new Cybercab features support the company’s effort to transition toward higher-margin software and autonomous mobility. Tesla Wants to Build a $10B Solar Factory in Texas
- Neutral Sentiment: July consumer-price data shifted expectations for a September Federal Reserve rate hike, contributing to volatility in expensive growth stocks. Lower-rate expectations can support Tesla’s valuation, but the market reaction indicates investors remain cautious about highly speculative technology names. Tesla and Palantir Fall as CPI Sends September Fed Hike Odds to 33%
- Neutral Sentiment: Speculation surrounding Elon Musk’s flying-car comments, a possible Tesla-SpaceX transaction and changes to Musk’s potential compensation or capital-gains tax exposure may influence sentiment, but none represents near-term operating results.
- Negative Sentiment: Investors continue to demand measurable Robotaxi progress before accepting Tesla’s premium valuation. Operating margins fell to about 1.4%, free cash flow turned negative and capital expenditures are tracking above $25 billion, increasing the consequences of a delayed or poorly scaled autonomous rollout. Tesla’s Robotaxi Reality Check
- Negative Sentiment: Tesla’s latest quarterly earnings missed consensus estimates, while price cuts and competition continue to pressure auto profitability. Analysts and investors are increasingly focused on whether software and energy growth can offset the weakening core vehicle business.
- Negative Sentiment: Autonomy execution remains a major concern. Investor Gary Black said slowing Full Self-Driving and Robotaxi ambitions are causing investors to lose confidence, while Tesla also faces a recall of 20,349 Model 3 and Model Y vehicles for excessively bright low-beam headlights. Tesla Recalls More Than 20,000 Vehicles
Tesla Stock Performance
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS 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 for the quarter, compared to analyst estimates of $26.42 billion. During the same period in the prior year, the company posted $0.33 EPS. The firm’s quarterly revenue was up 25.5% on a year-over-year basis. Equities research analysts forecast that Tesla, Inc. will post 0.88 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on TSLA. Oppenheimer restated a “market perform” rating on shares of Tesla in a research note on Thursday, July 23rd. BTIG Research downgraded shares of Tesla to a “neutral” rating in a report on Friday, June 5th. Tigress Financial started coverage on shares of Tesla in a research report on Monday, April 27th. They set a “buy” rating for the company. Wells Fargo & Company restated an “underweight” rating and set a $130.00 price target (up from $125.00) on shares of Tesla in a report on Tuesday, July 14th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $485.00 price objective (down from $510.00) on shares of Tesla in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $401.74.
Read Our Latest Research Report on Tesla
Insider Transactions at Tesla
In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by corporate insiders.
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.
Recommended Stories
- Five stocks we like better than Tesla
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
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).
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.
