Plancorp LLC Increases Stock Holdings in Tesla, Inc. $TSLA

Plancorp LLC boosted its stake in Tesla, Inc. (NASDAQ:TSLAFree Report) by 23.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 9,755 shares of the electric vehicle producer’s stock after acquiring an additional 1,823 shares during the quarter. Plancorp LLC’s holdings in Tesla were worth $3,851,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TSLA. Chapman Financial Group LLC purchased a new position in Tesla during the second quarter valued at $26,000. Davidson Capital Management Inc. increased its stake in shares of 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 purchasing an additional 27 shares in the last quarter. Friedenthal Financial raised its position in shares of Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after purchasing an additional 30 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new position in shares of Tesla during the 3rd quarter worth about $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in Tesla in the 3rd quarter valued at about $31,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Tesla Stock Up 0.7%

TSLA stock opened at $342.27 on Friday. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average of $370.77 and a two-hundred day moving average of $390.17. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The company has a market cap of $1.35 trillion, a price-to-earnings ratio of 316.92, a PEG ratio of 17.16 and a beta of 1.83.

Tesla (NASDAQ:TSLAGet Free Report) last issued its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 earnings per share. As a group, analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla reportedly plans to unveil its redesigned next-generation Roadster as early as August, potentially including a brief “flying” demonstration. The long-delayed launch is reviving enthusiasm around Tesla’s product pipeline and helped drive the latest move higher. Tesla to unveil redesigned Roadster
  • Positive Sentiment: Tesla’s nearly three-year Swedish labor dispute is ending after the company bought out striking mechanics, removing a persistent operational and reputational overhang, although there was no union agreement. Tesla ends Swedish strike
  • Positive Sentiment: TD Cowen reiterated its Buy rating and maintained a $460 price target. Analysts and commentators also point to Tesla’s premium positioning in China, record Shanghai exports and potential growth in robotaxis, Optimus and energy storage. TD Cowen reiterates Buy rating
  • Positive Sentiment: Tesla is considering a $10.1 billion Texas solar manufacturing facility and broader domestic solar capacity, potentially strengthening its energy-business strategy and exposure to rising electricity demand. Tesla reveals Texas solar plans
  • Neutral Sentiment: Average U.S. EV transaction prices rose 1.6% year over year to $56,126 in July as automakers reduced discounts. Higher pricing could support Tesla’s revenue, but weaker incentives may also pressure industry demand. EV prices are rising again
  • Negative Sentiment: Critics continue to argue that Tesla’s valuation—roughly 317 times earnings—assumes strong execution despite margin compression, delayed products and competition from China and Waymo. Recent commentary also highlights the risk that energy investments may require substantial capital before producing returns.
  • Negative Sentiment: Reports highlighting Elon Musk’s estimated $158.3 billion compensation package, equivalent to about 2.5 million times median employee pay, could intensify shareholder concerns about governance and pay practices. Tesla owners also face a deadline to claim payments from a California idle-fees settlement, creating a limited legal and reputational overhang. Elon Musk compensation report

Wall Street Analyst Weigh In

Several equities research analysts have commented on TSLA shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, July 21st. Cantor Fitzgerald restated an “overweight” rating and issued a $485.00 target price (down from $510.00) on shares of Tesla in a research report on Thursday, July 23rd. HSBC reaffirmed a “hold” rating on shares of Tesla in a research note on Monday, June 15th. Piper Sandler dropped their price target on Tesla from $500.00 to $450.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Finally, Citigroup started coverage on Tesla in a research note on Thursday, July 9th. They issued a “market perform” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nineteen have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Tesla currently has an average rating of “Hold” and a consensus target price of $401.74.

Read Our Latest Stock Analysis on Tesla

About Tesla

(Free Report)

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

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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