Cary Street Partners Financial LLC increased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 14.2% during the third quarter, Holdings Channel.com reports. The firm owned 10,427 shares of the electric vehicle producer’s stock after buying an additional 1,299 shares during the period. Cary Street Partners Financial LLC’s holdings in Tesla were worth $4,637,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of TSLA. Chapman Financial Group LLC purchased a new position in shares of Tesla in the 2nd quarter valued at $26,000. Manning & Napier Advisors LLC bought a new stake in Tesla during the third quarter valued at about $29,000. CoreFirst Bank & Trust bought a new position in Tesla in the second quarter worth about $30,000. ESL Trust Services LLC raised its holdings in Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after purchasing an additional 95 shares in the last quarter. Finally, Delos Wealth Advisors LLC purchased a new stake in shares of Tesla during the second quarter valued at about $32,000. Institutional investors own 66.20% of the company’s stock.
Analysts Set New Price Targets
Several research analysts recently commented on TSLA shares. Bank of America boosted their price objective on shares of Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. New Street Research lifted their price target on shares of Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. TD Cowen upped their price target on Tesla from $509.00 to $519.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Evercore raised their price objective on Tesla from $235.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Finally, Glj Research restated a “sell” rating on shares of Tesla in a research note on Tuesday. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the stock. According to MarketBeat.com, Tesla has a consensus rating of “Hold” and a consensus price target of $408.09.
Insiders Place Their Bets
In other Tesla news, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction 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 sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, 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 completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 119,457 shares of company stock valued at $53,501,145. 19.90% of the stock is owned by insiders.
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Grok AI expands internationally — Tesla has begun rolling out its Grok AI assistant to drivers in Australia and New Zealand, which supports the company’s strategy to grow software, in‑car services and recurring revenue streams. Tesla (TSLA) Rolls Out Its Grok AI Assistant to Australia and New Zealand Drivers
- Positive Sentiment: Market is still rewarding the AI/robotics narrative — coverage notes skepticism about Optimus but the stock has risen as investors price Tesla more like an AI/robotics platform than a legacy automaker, supporting upside if execution tests out. The Tesla Robot Opportunity Is a ‘Delusion.’ The Stock Rises Anyway.
- Neutral Sentiment: Valuation vs. narrative — analysts highlight Tesla’s P/E near multi‑year highs as the market prices long‑term robotics/AI growth; that makes the stock highly sensitive to any execution misses. Tesla’s P/E Is Near a 5-Year High—Buy Signal or Panic Signal?
- Negative Sentiment: Autopilot legal hit could be costly — a judge upheld a ~$243M jury verdict tied to an Autopilot‑related crash, a decision that signals larger liability and reputational headwinds for Tesla’s safety claims and FSD business economics. Tesla loses crucial Autopilot ruling that could cost hundreds of millions
- Negative Sentiment: Regulatory fight continues — Tesla has sued the California DMV to overturn a false‑advertising finding about FSD/Autopilot; ongoing regulatory scrutiny raises the risk of restrictions or required changes to marketing and product rollouts. Tesla vs California DMV not over yet — sues to reverse FSD false advertising ruling
- Negative Sentiment: Europe sales slipping — January EU registrations fell sharply (≈17% YoY) while rivals like BYD are gaining share, pressuring revenue and margins in a key market. Tesla’s Europe problem keeps getting worse. Here’s why
- Negative Sentiment: Execution & cost risk from pivot to robots — Tesla is repurposing Fremont production for Optimus and signaling >$20B capex for Robotaxi/AI infrastructure while winding down some premium vehicle lines; this increases near‑term cash burn and execution risk if robot revenues take time to materialize. Tesla Refocuses On AI And Robotics As Legal Risks Mount
- Negative Sentiment: Labor/hiring legal exposure — a U.S. judge allowed a discrimination lawsuit alleging preference for non‑U.S. workers to proceed, adding another potential legal and reputational headwind. Tesla must face lawsuit alleging anti‑American bias in hiring, US judge rules
Tesla Stock Performance
Shares of TSLA stock opened at $417.26 on Thursday. The business has a fifty day moving average of $436.53 and a 200 day moving average of $420.06. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The firm has a market capitalization of $1.57 trillion, a price-to-earnings ratio of 386.35, a price-to-earnings-growth ratio of 14.47 and a beta of 1.86.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same period in the prior year, the company earned $0.73 earnings per share. The company’s revenue was down 3.1% on a year-over-year basis. As a group, research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.
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.
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