Tesla, Inc. $TSLA Shares Bought by Sound Income Strategies LLC

Sound Income Strategies LLC raised its position in Tesla, Inc. (NASDAQ:TSLA) by 9.7% during the third quarter, Holdings Channel reports. The firm owned 21,338 shares of the electric vehicle producer’s stock after buying an additional 1,888 shares during the quarter. Sound Income Strategies LLC’s holdings in Tesla were worth $9,294,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in TSLA. Siren L.L.C. acquired a new stake in Tesla in the first quarter valued at $2,332,000. Zuckerman Investment Group LLC lifted its stake in Tesla by 6.9% during the first quarter. Zuckerman Investment Group LLC now owns 12,748 shares of the electric vehicle producer’s stock worth $3,304,000 after purchasing an additional 826 shares during the last quarter. Norges Bank acquired a new position in Tesla in the second quarter valued at approximately $11,839,824,000. Police & Firemen s Retirement System of New Jersey raised its holdings in Tesla by 5.6% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer’s stock worth $135,688,000 after purchasing an additional 22,607 shares in the last quarter. Finally, Strs Ohio purchased a new stake in shares of Tesla during the 1st quarter worth approximately $205,495,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Analysts are lifting targets and reiterating bullish views, providing near‑term support for the rally — Deutsche Bank bumped its target to $500 and other firms (Mizuho, CICC, Truist) have issued bullish notes. Article
• Positive Sentiment: Tesla committed ~$1.2B to battery cell production in Germany (8 GWh target from 2027), a strategic capex that supports localization, margin improvement and long‑term EV supply. Article
• Positive Sentiment: Robotaxi and Cybercab testing appears to be accelerating (production‑ready units seen in streets), keeping momentum behind Tesla’s high‑value autonomy thesis that investors are pricing in. Article
• Positive Sentiment: Tesla avoided a potential ~€11M fine in Italy over range claims, removing a modest legal overhang. Article
• Neutral Sentiment: The Delaware Supreme Court reinstated Musk’s 2018 pay package, ending a years‑long legal dispute and removing uncertainty — but the scale of the award (now valued far higher) raises governance and dilution debates. Article
• Neutral Sentiment: Large institutional repositioning: ARK/active managers have trimmed holdings recently (profit‑taking), which can amplify intraday volatility but doesn’t necessarily change the structural bull case. Article
• Negative Sentiment: Regulatory and safety pressure persists: California actions on Autopilot/FSD marketing, a proposed federal/state focus on autonomy rules, and consumer safety complaints (e.g., door‑handle issues) keep legal/regulatory risk elevated. Article
• Negative Sentiment: Core EV metrics remain mixed: U.S. vehicle sales have softened and operating expenses have risen as Tesla spends on autonomy/robotics — analysts warn near‑term margins and volumes could pressure sentiment if growth stalls. Article

Tesla Price Performance

Shares of TSLA opened at $481.20 on Monday. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. The stock’s 50 day moving average is $439.98 and its two-hundred day moving average is $381.14. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $495.28. The firm has a market capitalization of $1.60 trillion, a PE ratio of 320.80, a P/E/G ratio of 12.03 and a beta of 1.87.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $28.10 billion during the quarter, compared to analysts’ expectations of $24.98 billion. During the same period last year, the firm earned $0.72 EPS. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. Research analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Roth Capital set a $505.00 price target on shares of Tesla and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Truist Financial set a $444.00 price objective on Tesla and gave the stock a “hold” rating in a report on Friday. Morgan Stanley set a $425.00 target price on Tesla and gave the company an “equal weight” rating in a report on Sunday, December 7th. Melius initiated coverage on Tesla in a research note on Monday, October 13th. They set a “buy” rating and a $520.00 price target on the stock. Finally, China Renaissance boosted their price objective on Tesla from $349.00 to $380.00 and gave the company a “hold” rating in a research note on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat.com, Tesla has a consensus rating of “Hold” and an average price target of $404.14.

Insider Buying and Selling at Tesla

In other news, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the sale, the chief financial officer owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This trade represents a 16.09% decrease in their position. The disclosure for this sale is available in the SEC filing. 19.90% of the stock is currently owned by insiders.

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.