First Citizens Bank & Trust Co. Acquires 6,971 Shares of Tesla, Inc. $TSLA

First Citizens Bank & Trust Co. increased its holdings in Tesla, Inc. (NASDAQ:TSLA) by 11.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,084 shares of the electric vehicle producer’s stock after buying an additional 6,971 shares during the period. Tesla comprises approximately 0.6% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 22nd biggest holding. First Citizens Bank & Trust Co.’s holdings in Tesla were worth $31,168,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of TSLA. Norges Bank bought a new stake in Tesla during the second quarter valued at about $11,839,824,000. Vanguard Group Inc. boosted 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 valued at $79,856,764,000 after buying an additional 4,502,976 shares in the last quarter. Amundi boosted its holdings in shares of Tesla by 20.4% in the 2nd 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 in the last quarter. Jennison Associates LLC raised its stake in shares of Tesla by 38.3% during the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $4,851,747,000 after acquiring an additional 3,021,550 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Tesla by 2.0% during 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 acquiring an additional 1,269,304 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Tesla Price Performance

TSLA stock opened at $435.20 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. The business has a 50 day simple moving average of $445.33 and a 200-day simple moving average of $405.63. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The firm has a market capitalization of $1.45 trillion, a PE ratio of 290.13, a price-to-earnings-growth ratio of 7.63 and a beta of 1.83.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Germany’s revived EV subsidies could lift demand in Europe and help vehicle volume and pricing dynamics for automakers including Tesla. Germany Revives EV Subsidies: Industry Impact & Key Beneficiaries
• Positive Sentiment: Analysts say an FSD Gen‑3 reveal (rumored in February) would be a major upside catalyst by linking Tesla’s valuation to a large robotaxi market opportunity. Will Elon Musk Reveal FSD Gen 3 in February?
• Positive Sentiment: Binance plans new Tesla-linked products (equity perpetuals / on‑chain listings), which can increase trading liquidity and retail access to TSLA exposure. Binance to launch Tesla-linked perpetual futures contract
• Neutral Sentiment: Traders expect a sizable post‑earnings move in TSLA; that expected volatility can amplify intraday selling or buying around the print. Here’s How Much Traders Expect Tesla Stock to Move After Earnings This Week
• Neutral Sentiment: Macro catalysts this week — a Fed decision and heavy “Magnificent 7” earnings schedule — increase background market volatility that can pressure high‑multiple stocks like Tesla. What to Expect in Markets This Week
• Neutral Sentiment: Reuters frames Tesla’s results as hinging on self‑driving progress; that keeps focus on qualitative milestones as much as on margins or deliveries. Musk’s self-driving ambitions key for Tesla results
• Negative Sentiment: Critical analysis warns of “robotaxi storm clouds” — delays, limited rollout and unmet expectations could blunt Tesla’s long‑term narrative and valuation premium. Tesla: Robotaxi Storm Clouds To Rain On Parade
• Negative Sentiment: Coverage highlights execution problems: Elon Musk’s comment that robotaxi/Optimus rollouts will be “agonizingly slow” and competitors (Waymo) grabbing operational ground. Tesla’s Robotaxi Delays: Who Benefits Most from Waymo’s Lead?
• Negative Sentiment: Operational concerns: reports that unsupervised robotaxis are hard to find and safety‑monitor changes raise regulatory/PR risk. Tesla’s Unsupervised Robotaxis Are Available, but Good Luck Getting a Ride
• Negative Sentiment: Company moves (announced incremental FSD pricing) and governance/headline issues (director departures, high valuation) are prompting some investors to reduce exposure ahead of the earnings event. Tesla Stock Dips as Musk Announces ‘Incrementally’ Higher FSD Pricing

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $500.00 price target on shares of Tesla in a report on Friday, January 2nd. Stifel Nicolaus boosted their target price on Tesla from $483.00 to $508.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. Wall Street Zen upgraded Tesla from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Piper Sandler reissued an “overweight” rating and issued a $500.00 price target on shares of Tesla in a report on Thursday, January 8th. Finally, Evercore ISI upped their price objective on shares of Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat, Tesla currently has a consensus rating of “Hold” and a consensus target price of $410.77.

Insider Buying and Selling at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the business’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 sale, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 119,457 shares of company stock worth $53,501,145 over the last three months. Insiders own 19.90% of the company’s stock.

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.