Tesla, Inc. $TSLA Stock Position Cut by Kelleher Financial Advisors

Kelleher Financial Advisors reduced its holdings in Tesla, Inc. (NASDAQ:TSLA) by 59.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,253 shares of the electric vehicle producer’s stock after selling 6,124 shares during the quarter. Kelleher Financial Advisors’ holdings in Tesla were worth $1,509,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TSLA. Legal & General Group Plc acquired a new stake in Tesla in the second quarter valued at $8,535,612,000. Bank of New York Mellon Corp bought a new position in Tesla during the 2nd quarter worth $6,083,630,000. Deutsche Bank AG bought a new position in Tesla during the 2nd quarter worth $4,039,090,000. Canada Pension Plan Investment Board acquired a new position in Tesla during the 2nd quarter worth about $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Tesla during the 2nd quarter worth about $2,995,584,000. Institutional investors own 66.20% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Piper Sandler reiterated an “overweight” rating and issued a $475.00 price target (up from $450.00) on shares of Tesla in a research report on Thursday, October 22nd. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, October 22nd. TD Cowen assumed coverage on Tesla in a research note on Monday, October 26th. They issued a “hold” rating on the stock. Oppenheimer began coverage on Tesla in a report on Thursday, October 22nd. They issued an “outperform” rating on the stock. Finally, Roth Capital reissued a “buy” rating and set a $505.00 target price on shares of Tesla in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $414.51.

Tesla Price Performance

Shares of TSLA opened at $385.19 on Thursday. The firm has a market cap of $1.52 trillion, a PE ratio of 423.29, a price-to-earnings-growth ratio of 24.68 and a beta of 1.74. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The business’s 50 day moving average price is $372.12 and its two-hundred day moving average price is $385.12. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. The company had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The company’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 EPS. On average, equities analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by corporate insiders.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla expanded its robotaxi service to Fort Worth, extending a still-early rollout beyond Austin. The move supports the autonomy growth story, though the service has not yet shown meaningful profitability. Robotaxi service expands to Fort Worth
• Positive Sentiment: Tesla’s goal of building up to one million Optimus robots in 2027 points to a potential growth opportunity in robotics, although the plan remains an execution challenge. Tesla’s Optimus production plans
• Neutral Sentiment: Tesla reported a 10.3% year-over-year increase in China-made EV sales in October, but another report noted that wholesale sales fell sequentially. The mixed signals make it unclear whether demand is strengthening. Tesla China-made EV sales
• Negative Sentiment: Democratic election victories raised investor concerns about increased oversight of AI, data centers and Musk-linked projects, as well as uncertainty around a possible Tesla–SpaceX merger. Musk’s political involvement may also bring added scrutiny. Tesla and SpaceX shares slide after election results
• Negative Sentiment: A South Korean consumer group alleged Tesla misled customers about its automated-driving technology, creating potential legal and reputational risk. South Korean consumer group allegation
• Negative Sentiment: Reports also highlighted rising spending and margin pressure: Polen Capital said Tesla detracted from its large-growth strategy, with record revenue not offsetting investor concerns about costs and profitability. Tesla weighs on Polen Capital’s strategy

Tesla Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.