McDonough Capital Management Inc bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 19,486 shares of the electric vehicle producer’s stock, valued at approximately $8,196,000. Tesla accounts for about 4.1% of McDonough Capital Management Inc’s investment portfolio, making the stock its 7th largest position.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Partners Capital Investment Group LLP purchased a new stake in Tesla in the 2nd quarter worth approximately $504,000. Aberdeen Wealth Management LLC purchased a new position in shares of Tesla during the 2nd quarter valued at approximately $94,000. Visionary Wealth Advisors acquired a new position in shares of Tesla in the 2nd quarter valued at $10,914,000. Whalen Wealth Management Inc. acquired a new position in shares of Tesla in the 2nd quarter valued at $1,366,000. Finally, Dearborn Partners LLC acquired a new stake in Tesla during the second quarter valued at $951,000. 66.20% of the stock is owned by institutional investors and hedge funds.
Tesla News Roundup
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
- Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
- Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
- Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
- Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update
Analysts Set New Price Targets
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Tesla Stock Performance
Shares of TSLA stock opened at $354.08 on Monday. The stock’s fifty day moving average is $358.22 and its two-hundred day moving average is $382.85. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. The firm has a market capitalization of $1.40 trillion, a P/E ratio of 327.85, a PEG ratio of 17.88 and a beta of 1.84. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The business had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.33 EPS. Research analysts expect that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.
Tesla 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.
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