Lavelle Capital LP Buys 21,601 Shares of Tesla, Inc. $TSLA

Lavelle Capital LP grew its stake in Tesla, Inc. (NASDAQ:TSLA) by 30.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 91,628 shares of the electric vehicle producer’s stock after acquiring an additional 21,601 shares during the quarter. Tesla makes up approximately 16.6% of Lavelle Capital LP’s holdings, making the stock its biggest holding. Lavelle Capital LP’s holdings in Tesla were worth $38,539,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Marks Group Wealth Management Inc grew its position in Tesla by 1.7% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock valued at $680,000 after acquiring an additional 25 shares during the period. Clear Trail Advisors LLC lifted its holdings in shares of Tesla by 1.6% during the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock valued at $605,000 after acquiring an additional 25 shares during the period. Peirce Capital Management LLC boosted its stake in shares of Tesla by 1.5% in the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock valued at $697,000 after purchasing an additional 25 shares in the last quarter. Brio Consultants LLC grew its holdings in shares of Tesla by 4.7% in the 4th quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer’s stock worth $259,000 after purchasing an additional 26 shares during the last quarter. Finally, Community Bank & Trust Waco Texas increased its position in shares of Tesla by 1.7% during the 4th quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock worth $711,000 after purchasing an additional 26 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TSLA shares. Oppenheimer reissued a “market perform” rating on shares of Tesla in a report on Thursday, July 23rd. The Goldman Sachs Group initiated coverage on shares of Tesla in a research note on Friday, June 5th. They set a “buy” rating on the stock. Truist Financial set a $370.00 target price on shares of Tesla and gave the company a “hold” rating in a research note on Thursday, July 23rd. HSBC reissued a “hold” rating on shares of Tesla in a report on Monday, June 15th. Finally, Sanford C. Bernstein upgraded Tesla from an “underperform” rating to an “outperform” rating in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Tesla has an average rating of “Hold” and a consensus price target of $401.74.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company’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. This represents a 10.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by company insiders.

Tesla Stock Performance

TSLA opened at $362.86 on Monday. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The stock has a market capitalization of $1.43 trillion, a PE ratio of 335.98, a PEG ratio of 18.32 and a beta of 1.83. 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 price of $365.62 and a two-hundred day moving average price of $387.07.

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

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Nevada regulators approved Tesla’s application to operate up to 5,000 fully autonomous vehicles during the first year, clearing a path for a Las Vegas robotaxi launch. The approval strengthens the investment case for Tesla’s autonomy strategy and could provide an important commercial test for its Cybercab platform. Nevada approves Tesla fleet of 5,000 fully autonomous vehicles
• Positive Sentiment: Tesla is preparing to showcase and expand its Semi truck in Europe, including at September’s IAA Transportation event. A reported order for 500 Semis from Einride and plans to scale Nevada production support expectations that commercial vehicles could become a meaningful new growth engine. Tesla Semi truck expansion into Europe
• Positive Sentiment: Recent Tesla commentary has emphasized confidence in scaling Cybercab operations and a potential step-change from its FSD V15 software. Investors view robotaxis, autonomy and the Semi as necessary growth businesses to support Tesla’s premium valuation as automotive growth matures. JPMorgan on Tesla Cybercab and FSD V15
• Neutral Sentiment: Analysts and investors continue debating whether Tesla’s roughly 292-times earnings valuation adequately reflects future robotaxi, Semi and artificial-intelligence growth. Supporters see substantial long-term upside, while skeptics argue the valuation leaves little room for execution delays or disappointing adoption. Tesla Robotaxi and Semi valuation analysis
• Negative Sentiment: Tesla will voluntarily recall nearly 3 million vehicles in China to address emergency door-release and driver-monitoring concerns. Although the fix is expected to be software-based and other automakers are involved, the recall adds regulatory, safety and reputational risk in a key market. Tesla China recall
• Negative Sentiment: Reports that Tesla has ended Solar Roof tile operations highlight the company’s retreat from a business that failed to achieve expected scale. Separately, questions about Autopilot crash-data disclosures and a robotaxi incident in Austin could make investors more cautious about Tesla’s readiness for unsupervised autonomy. Tesla Solar Roof shutdown

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.