CIBC Private Wealth Group LLC increased its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 7.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 69,280 shares of the electric vehicle producer’s stock after purchasing an additional 4,789 shares during the period. CIBC Private Wealth Group LLC’s holdings in Tesla were worth $30,810,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently bought and sold shares of TSLA. Chapman Financial Group LLC acquired a new stake in shares of Tesla in the 2nd quarter worth $26,000. Manning & Napier Advisors LLC purchased a new stake in shares of Tesla in the third quarter valued at about $29,000. CoreFirst Bank & Trust acquired a new position in shares of Tesla during the second quarter worth about $30,000. Turning Point Benefit Group Inc. purchased a new position in Tesla during the third quarter worth about $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in Tesla in the third quarter valued at about $31,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla’s new Class 8 Semi is getting strong early reviews from truckers for range (~500 miles), fast charging and a centered driving position — a positive commercial‑vehicle validation that could expand revenue beyond consumer EVs. Tesla Finally Has Its First Semi-Truck and It’s Already a Hit With Truckers
- Positive Sentiment: Elon Musk reiterated plans around in‑house AI chips (AI5/AI6) and Tesla’s Terafab chip project with a target tape‑out window, and Samsung is slated to manufacture Tesla chips — this supports Tesla’s self‑driving and Optimus plans and reduces some supplier risk. Tesla targets December 2026 for next-generation AI6 chip tape-out
- Positive Sentiment: Tesla and LG Energy confirmed a $4.3B U.S. battery plant for Megapack/energy storage — strengthens domestic supply for high‑margin energy products and supports revenue diversification. Tesla, LG Bet on U.S. Batteries With $4.3 Billion Plant
- Neutral Sentiment: Operational bright spots: Model Y remains a top global seller, and Tesla’s multiple chip and fab announcements keep a long‑term optionality narrative intact — but these are longer‑dated drivers. Tesla Model Y Emerges As World’s Best-Selling Car
- Negative Sentiment: The biggest near‑term negative: U.S. safety regulators (NHTSA) escalated the FSD probe to an engineering analysis covering millions of vehicles — this raises recall/enforcement risk and hits the core autonomy narrative that supports TSLA’s valuation. US auto safety regulator intensifies probe in Tesla vehicles with FSD
- Negative Sentiment: Analyst/investor concerns: UBS cut Q1 delivery estimates and reiterated skepticism about the robotaxi upside; some analysts warn the probe could lead to a costly recall — increasing downside risk if delivery momentum disappoints. UBS cuts Tesla Q1 delivery estimate and questions robotaxi upside
- Negative Sentiment: Legal and safety headlines (lawsuit from a Cybertruck crash survivor, recurring criticism that FSD may not perform reliably) add reputational and potential liability pressure that can amplify selling during risk‑off sessions. Survivor of deadly Cybertruck crash in the Bay Area is suing Tesla
Tesla Price Performance
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter last year, the business posted $0.73 earnings per share. Tesla’s revenue was down 3.1% compared to the same quarter last year. On average, sell-side analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on TSLA shares. William Blair reaffirmed a “market perform” rating on shares of Tesla in a report on Friday, January 2nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a report on Tuesday, January 27th. Phillip Securities decreased their price target on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a research note on Monday, February 2nd. UBS Group upped their price objective on Tesla from $307.00 to $352.00 and gave the stock a “sell” rating in a report on Thursday, January 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $500.00 target price on shares of Tesla in a report on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $406.84.
View Our Latest Report on Tesla
Insider Activity at Tesla
In other news, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction dated 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 $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 87,995 shares of company stock valued at $38,315,650. 19.90% of the stock is owned by insiders.
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.
See Also
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