Tesla, Inc. $TSLA Position Raised by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. boosted its holdings in Tesla, Inc. (NASDAQ:TSLA) by 9.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,239 shares of the electric vehicle producer’s stock after purchasing an additional 1,504 shares during the quarter. Avantax Planning Partners Inc.’s holdings in Tesla were worth $6,471,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in TSLA. Bamco Inc. NY increased its position in shares of Tesla by 5.0% during the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after purchasing an additional 591,243 shares in the last quarter. One Plus One Wealth Management LLC purchased a new stake in shares of Tesla in the 2nd quarter valued at about $1,009,000. Bessemer Group Inc. boosted its position in shares of Tesla by 23.6% in the 1st quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock valued at $20,908,000 after purchasing an additional 10,747 shares during the period. H&H International Investment LLC acquired a new stake in shares of Tesla in the 1st quarter valued at about $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in Tesla by 12.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock worth $15,470,000 after buying an additional 4,806 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla Stock Performance

Shares of TSLA stock opened at $358.22 on Friday. The stock has a fifty day moving average price of $372.14 and a 200 day moving average price of $384.35. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. The stock has a market cap of $1.42 trillion, a PE ratio of 393.65, a P/E/G ratio of 22.19 and a beta of 1.74. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83.

Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. The company had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. During the same quarter in the prior year, the company earned $0.50 earnings per share. Tesla’s revenue was down .2% compared to the same quarter last year. Sell-side analysts forecast that Tesla, Inc. will post 0.67 earnings per share for the current fiscal year.

Analyst Ratings Changes

TSLA has been the topic of a number of research reports. Jefferies Financial Group upgraded shares of Tesla from a “hold” rating to a “buy” rating in a research report on Monday, October 26th. Canaccord Genuity Group set a $442.00 price target on shares of Tesla and gave the company a “buy” rating in a research report on Thursday, October 22nd. Roth Capital reissued a “buy” rating and set a $505.00 price objective on shares of Tesla in a research report on Thursday, July 23rd. Yorkville Ives began coverage on Tesla in a research note on Wednesday, October 7th. They set an “outperform” rating and a $500.00 price objective for the company. Finally, Citigroup restated a “neutral” rating on shares of Tesla in a research note on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $414.51.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction 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 completion of the transaction, the chief financial officer owned 25,972 shares of the company’s stock, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by company insiders.

Tesla Company Profile

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.