Prospect Hill Management LLC Takes $42.39 Million Position in Tesla, Inc. $TSLA

Prospect Hill Management LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 100,786 shares of the electric vehicle producer’s stock, valued at approximately $42,391,000. Tesla comprises approximately 16.5% of Prospect Hill Management LLC’s portfolio, making the stock its 2nd biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the second quarter worth $26,000. Friedenthal Financial raised its stake in Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after buying an additional 30 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new position in Tesla in the third quarter valued at $30,000. Texas Capital Bancshares Inc TX acquired a new position in Tesla in the third quarter valued at $31,000. Finally, Sarver Vrooman Wealth Advisors bought a new stake in Tesla during the fourth quarter valued at $37,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla Stock Performance

Shares of TSLA opened at $348.75 on Friday. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The company has a market cap of $1.38 trillion, a PE ratio of 322.92, a P/E/G ratio of 17.91 and a beta of 1.83. The stock has a 50-day moving average of $360.33 and a 200-day moving average of $385.15. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. During the same period last year, the company posted $0.33 earnings per share. The firm’s quarterly revenue was up 25.5% compared to the same quarter last year. On average, equities research analysts predict that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding its robotaxi operation beyond Austin and Miami, with longer service hours and a larger unsupervised fleet. State regulators have also approved permits for Tesla to operate robotaxis, supporting the company’s strategy to monetize autonomous driving. Tesla robotaxi expansion
• Positive Sentiment: Tesla is preparing an August Cybercab rollout beginning with employee rides, while Cybercab production has reportedly started. Investors view the vehicle and robotaxi network as potential long-term revenue opportunities not yet fully reflected in the stock. Cybercab rollout
• Positive Sentiment: Optimus humanoid robot production has reportedly begun at Tesla’s Fremont facility, and the company is installing additional robotics manufacturing lines. The development strengthens the long-term artificial-intelligence and automation narrative, although meaningful financial benefits may take time. Optimus production
• Positive Sentiment: Commercial truckmaker Einride expects to receive approximately 75 Tesla Semi trucks in 2026, with the remainder of its 500-truck order scheduled for 2027. The timeline provides evidence of commercial demand, though deliveries will be spread over several years. Einride Tesla Semi order
• Neutral Sentiment: Tesla announced a September 24 Semi event that could provide updates on autonomous trucking and production plans, making it a potential catalyst but offering no immediate earnings impact. Tesla Semi event
• Negative Sentiment: Tesla is voluntarily recalling about 3 million vehicles in China over door handles that may fail after severe crashes and inadequate driver-attention monitoring. The recall adds regulatory, cost and reputational risks to the company’s autonomy push. Tesla China recall
• Negative Sentiment: Criticism intensified after a vehicle using Tesla’s latest FSD software reportedly nearly drove into a train, renewing concerns about system reliability and the gap between supervised assistance and fully autonomous driving. Tesla FSD incident
• Negative Sentiment: Analysts and investors continue to question Tesla’s valuation because weak margins and traditional EV risks are not easily reconciled with a price-to-earnings ratio above 300. Toyota’s rising electrified-vehicle volume and broader EV competition further challenge Tesla’s automotive leadership.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This trade represents a 10.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Morgan Stanley lowered their price objective on Tesla from $417.00 to $400.00 and set an “equal weight” rating for the company in a research report on Thursday, July 23rd. UBS Group set a $460.00 target price on Tesla in a research note on Thursday, July 23rd. Truist Financial set a $370.00 target price on Tesla and gave the stock a “hold” rating in a report on Thursday, July 23rd. Roth Capital reissued a “buy” rating and issued a $505.00 price target on shares of Tesla in a research note on Thursday, July 23rd. Finally, Guggenheim initiated coverage on Tesla in a report on Monday, June 29th. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $401.74.

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.