Empirical Financial Services LLC d.b.a. Empirical Wealth Management Purchases 11,924 Shares of Tesla, Inc. $TSLA

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Tesla, Inc. (NASDAQ:TSLAFree Report) by 18.1% during the 4th quarter, Holdings Channel reports. The firm owned 77,747 shares of the electric vehicle producer’s stock after purchasing an additional 11,924 shares during the quarter. Tesla makes up approximately 0.6% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings, making the stock its 29th largest holding. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Tesla were worth $34,964,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TSLA. Holocene Advisors LP boosted its stake in shares of Tesla by 132.2% in the 3rd quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer’s stock worth $2,738,141,000 after buying an additional 3,505,000 shares during the last quarter. Amundi increased its position in shares of Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after acquiring an additional 3,422,270 shares during the last quarter. Jennison Associates LLC lifted its holdings in Tesla by 38.3% during the third 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 during the period. Capital World Investors boosted its position in Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after purchasing an additional 2,403,019 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Tesla by 788.2% in the fourth quarter. SG Americas Securities LLC now owns 1,226,536 shares of the electric vehicle producer’s stock worth $551,598,000 after purchasing an additional 1,088,437 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Tesla Trading Up 2.6%

Shares of TSLA opened at $381.26 on Thursday. The business has a 50-day moving average of $404.61 and a 200 day moving average of $428.32. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. The firm has a market cap of $1.43 trillion, a P/E ratio of 353.02, a price-to-earnings-growth ratio of 11.00 and a beta of 1.91. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.

Tesla (NASDAQ:TSLAGet Free Report) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company’s revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.73 earnings per share. As a group, research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction 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 sale, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 87,995 shares of company stock valued at $38,315,650 over the last quarter. Company insiders own 19.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on TSLA shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. JPMorgan Chase & Co. reduced their price target on shares of Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research report on Friday, January 30th. Truist Financial decreased their price objective on shares of Tesla from $439.00 to $438.00 and set a “hold” rating for the company in a report on Thursday, January 29th. TD Cowen lifted their price objective on shares of Tesla from $509.00 to $519.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $405.00 target price on shares of Tesla in a research note on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $403.98.

Get Our Latest Report on TSLA

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Elon Musk said a broader release of FSD 14.3 is expected by the week’s end — a near‑term product catalyst that supports Tesla’s autonomy narrative and upside to future software revenue. Musk: FSD 14.3 broader release
  • Positive Sentiment: European sales data show a sharp rebound — French registrations more than tripled in March and Nordic markets also surged, signaling improving continental demand after last year’s market share loss. This underpins delivery optimism and regional recovery expectations. France registrations triple
  • Positive Sentiment: CEO Musk flagged a “big” investment in Japan to expand service and Supercharger capacity — a tangible infrastructure spending plan that can improve ownership economics and sales prospects in a key market. Musk: Japan investment
  • Neutral Sentiment: Market focus on Q1 deliveries — consensus expects ~365–366k units but several outlets flag a likely sequential dip; the delivery print (due early Thursday) is the imminent event risk that will drive volatility either way. Q1 deliveries likely dip
  • Neutral Sentiment: Analysts are re‑rating and adjusting models: Canaccord nudged delivery estimates but cut its price target, reflecting mixed analyst views that keep upside/downside balanced ahead of the print. Canaccord cuts PT
  • Negative Sentiment: Zacks Research downgraded TSLA to “Strong Sell” and trimmed EPS forecasts — a formal sell rating and lowered estimates that can pressure sentiment and trigger further analyst negativity. Zacks downgrades to Strong Sell
  • Negative Sentiment: Competition is heating: Nio reported a 136% YoY surge in March deliveries, highlighting regional share challenges that could cap Tesla’s growth expectations in China and Europe. Nio delivery surge
  • Negative Sentiment: Elon Musk announced the end of Model S and X production — removes higher‑margin lines and underscores Tesla’s shift toward new product priorities (robotaxis/Optimus), which some investors view as near‑term margin risk. Model S/X production ends
  • Negative Sentiment: Several outlets flag margin and growth risks — lingering worries about profitability, high valuation and potential delivery softness keep downside risk if the upcoming delivery report disappoints. Margin & valuation concerns

Tesla Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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