Tesla, Inc. $TSLA Shares Sold by Encompass More Asset Management

Encompass More Asset Management decreased its holdings in Tesla, Inc. (NASDAQ:TSLA) by 25.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,165 shares of the electric vehicle producer’s stock after selling 6,070 shares during the quarter. Tesla accounts for about 1.5% of Encompass More Asset Management’s holdings, making the stock its 15th biggest holding. Encompass More Asset Management’s holdings in Tesla were worth $8,079,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake 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 valued at $79,856,764,000 after buying an additional 4,502,976 shares during the period. Geode Capital Management LLC boosted its holdings in shares of 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 valued at $20,480,477,000 after buying an additional 1,269,304 shares in the last quarter. Norges Bank acquired a new stake in Tesla during the 2nd quarter worth $11,839,824,000. Legal & General Group Plc increased its position in shares of 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 worth $6,424,705,000 after purchasing an additional 1,134,678 shares in the last quarter. Finally, Amundi increased its position in Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after buying an additional 3,422,270 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on TSLA. New Street Research upped their target price on shares of Tesla from $465.00 to $520.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Stifel Nicolaus increased their price objective on Tesla from $483.00 to $508.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. DZ Bank reiterated a “sell” rating on shares of Tesla in a research report on Thursday, October 23rd. Robert W. Baird upgraded shares of Tesla from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $320.00 to $548.00 in a research report on Friday, September 19th. Finally, Cowen reaffirmed a “buy” rating on shares of Tesla in a research note on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the stock. Based on data from MarketBeat, Tesla presently has an average rating of “Hold” and a consensus target price of $414.50.

Tesla News Roundup

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

Tesla Stock Down 1.2%

Shares of TSLA opened at $454.31 on Wednesday. The company’s fifty day moving average is $445.45 and its two-hundred day moving average is $389.22. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week 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. The firm has a market cap of $1.51 trillion, a PE ratio of 302.87, a price-to-earnings-growth ratio of 11.61 and a beta of 1.87.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results 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 company had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm’s revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 earnings per share. Analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction that occurred on 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 sale, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director directly 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 SEC filing for this sale provides additional information. 19.90% of the stock is currently owned by corporate insiders.

Tesla Company 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.