Ethic Inc. Has $70.58 Million Holdings in Tesla, Inc. $TSLA

Ethic Inc. grew its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 1.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 158,705 shares of the electric vehicle producer’s stock after acquiring an additional 1,820 shares during the period. Tesla accounts for approximately 1.2% of Ethic Inc.’s holdings, making the stock its 9th largest holding. Ethic Inc.’s holdings in Tesla were worth $70,579,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after acquiring an additional 4,502,976 shares during the last quarter. Geode Capital Management LLC raised its position in Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after purchasing an additional 1,269,304 shares during the period. Norges Bank bought a new stake in Tesla in the second quarter worth $11,839,824,000. Legal & General Group Plc boosted its position in Tesla by 5.9% during the second quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock valued at $6,424,705,000 after buying an additional 1,134,678 shares during the period. Finally, Amundi grew its stake in shares of Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after buying an additional 3,422,270 shares during the last quarter. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Performance

NASDAQ:TSLA opened at $454.31 on Wednesday. The stock has a market cap of $1.51 trillion, a P/E ratio of 302.87, a price-to-earnings-growth ratio of 11.61 and a beta of 1.87. The firm’s fifty day simple moving average is $445.45 and its 200 day simple moving average is $389.22. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. The business had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.72 EPS. As a group, research analysts predict that Tesla, Inc. will post 2.56 EPS for the current year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Baird reiterated a Buy and a $548 price target, highlighting long-term robotaxi, Optimus and energy catalysts that support a premium valuation and give bulls a reason to hold through short-term delivery weakness. Analyst revises Tesla stock price target
• Positive Sentiment: Tesla’s Full Self-Driving fleet just neared 7 billion miles driven (2.5B in urban streets), reinforcing the company’s data advantage for autonomous/robotaxi ambitions — a key long-term narrative investors prize. Tesla FSD Approaches 7B Miles
• Neutral Sentiment: Robotaxi competition is intensifying (Waymo expanding in 2026), which raises both the opportunity and competitive risk for Tesla’s robo-taxi timeline — watch execution and regulatory progress. Tesla and Waymo: Robotaxi competition set to heat up in 2026
• Neutral Sentiment: Some investors and funds (e.g., Contrarius) still call Tesla undervalued, providing pockets of institutional support that can cushion downside if short-term results disappoint. Contrarius believes Tesla remains undervalued
• Negative Sentiment: Tesla unusually published a company-compiled consensus showing Q4 deliveries are expected to fall ~15% year-over-year (~422,850), signaling a near-term demand pullback and prompting investor concern ahead of the official delivery report. Tesla previews a drop in its upcoming Q4 deliveries in unusual move
• Negative Sentiment: Reuters and other outlets report Q4 deliveries seen falling as loss of tax credits, rising competition and weaker demand weigh on volumes — a concrete near‑term revenue risk. Tesla quarterly deliveries seen falling
• Negative Sentiment: Battery-supply/accounting shock: South Korea’s L&F cut the disclosed value of its Tesla deal from ~$2.9B to just $7,386, and reports point to weak Cybertruck demand — a signal of reduced future revenue for related suppliers and questions about product traction. L&F says value of battery deal with Tesla cut to $7,386
• Negative Sentiment: Product and quality concerns (Cybertruck slow sales, alleged returns, door safety probe reports) plus portfolio trimming by notable holders (e.g., Cathie Wood selling some TSLA) add selling pressure. Cathie Wood Is Selling Tesla Stock Yet Again

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TSLA. Melius Research set a $520.00 target price on Tesla and gave the company a “buy” rating in a research note on Monday, October 13th. Glj Research reiterated a “sell” rating on shares of Tesla in a research report on Wednesday, October 22nd. New Street Research raised their target price on shares of Tesla from $465.00 to $520.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a research note on Thursday, October 30th. Finally, Wedbush reissued an “outperform” rating and set a $600.00 price target on shares of Tesla in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $414.50.

Insider Activity

In other news, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares in the company, valued at $627,145,215.90. This trade 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 company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 19.90% of the company’s stock.

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.