Tesla, Inc. $TSLA Stake Boosted by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 93.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,826 shares of the electric vehicle producer’s stock after purchasing an additional 4,747 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Tesla were worth $4,370,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in TSLA. Relyea Zuckerberg Hanson LLC boosted its stake in Tesla by 0.4% in the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock worth $2,916,000 after purchasing an additional 23 shares during the period. Equita Financial Network Inc. raised its stake in Tesla by 2.8% during the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock valued at $380,000 after purchasing an additional 23 shares during the period. Pinnacle Bancorp Inc. lifted its holdings in shares of Tesla by 4.1% in the third quarter. Pinnacle Bancorp Inc. now owns 609 shares of the electric vehicle producer’s stock valued at $271,000 after purchasing an additional 24 shares in the last quarter. Chesley Taft & Associates LLC boosted its position in shares of Tesla by 0.8% in the third quarter. Chesley Taft & Associates LLC now owns 3,118 shares of the electric vehicle producer’s stock worth $1,387,000 after buying an additional 25 shares during the period. Finally, KRS Capital Management LLC grew its holdings in shares of Tesla by 1.2% during the third quarter. KRS Capital Management LLC now owns 2,035 shares of the electric vehicle producer’s stock valued at $905,000 after buying an additional 25 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Stock Performance

TSLA stock opened at $439.20 on Thursday. The firm has a 50 day moving average of $443.50 and a two-hundred day moving average of $397.63. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The company has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 292.80, a P/E/G ratio of 7.43 and a beta of 1.83. 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 released its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating 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%. Tesla’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.72 EPS. As a group, equities analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Subscription shift could lift recurring revenue and margin stability over time — investors who focus on predictable, high‑margin software revenue view the $99/month FSD model as a path to steadier cash flow. Musk says Tesla is moving Full Self-Driving to a monthly subscription
• Positive Sentiment: Tesla moved into mediation with the EEOC over a racial‑harassment lawsuit — resolving or narrowing the legal overhang could remove uncertainty for investors. Tesla agrees mediation that could resolve US agency’s racism lawsuit
• Positive Sentiment: Product and network progress: Tesla rolled out a 7‑seater Model Y in the U.S., showed improved China sales and is expanding service/Supercharger initiatives in Europe—operational moves that support sales and aftersales revenue. Tesla Releases 7-Seater Model Y In US As Improved China Sales Provide Boost
• Neutral Sentiment: Earnings calendar risk: TSLA heads into upcoming Q4 results with a narrow margin for error—analysts are split and a slightly weak print or guidance could amplify volatility. Tesla’s Earnings Loom With Almost No Room for Error
• Neutral Sentiment: Analyst divergence: some firms (Piper/New Street) remain constructive while others (Wells Fargo) are very bearish — this creates headline risk but also keeps trading volume elevated around catalysts. Analyst views on Tesla
• Negative Sentiment: India rollout weak and inventory discounts: early Model Y shipments to India are moving slowly and Tesla is discounting to clear excess units — a sign of demand softness in a new market. Tesla Sees a Slow Start in India, Offers Discounts
• Negative Sentiment: FSD move risks backlash, lower lifetime take rates and regulatory scrutiny—critics warn removing the one‑time purchase may depress perceived product value and adoption, especially with ongoing safety probes. Why Elon Musk’s Latest Move May Backfire
• Negative Sentiment: Competitive and execution risks: pieces of coverage highlight intensifying competition (including advances by Nvidia and rivals) and slowing deliveries—factors that pressure margins and justify cautious valuations. Nvidia Just Delivered Very Bad News for Tesla Stock Investors

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. reissued a “sell” rating on shares of Tesla in a research note on Monday, January 5th. Melius initiated coverage on shares of Tesla in a research report on Monday, October 13th. They issued a “buy” rating and a $520.00 price target for the company. Evercore ISI boosted their price objective on shares of Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Benchmark reiterated a “buy” rating on shares of Tesla in a research report on Thursday, October 23rd. Finally, Morgan Stanley set a $425.00 target price on shares of Tesla and gave the company an “equal weight” rating in a research note on Sunday, December 7th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the company’s stock. According to MarketBeat, Tesla currently has a consensus rating of “Hold” and an average price target of $410.20.

Insider Transactions at Tesla

In related news, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director directly owned 577,031 shares in the company, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at $6,107,145.01. The trade was a 16.09% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is owned by corporate insiders.

About Tesla

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.