W1M Asset Management Ltd Buys Shares of 11,061 Tesla, Inc. $TSLA

W1M Asset Management Ltd purchased a new position in Tesla, Inc. (NASDAQ:TSLA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,061 shares of the electric vehicle producer’s stock, valued at approximately $4,649,000.

Several other hedge funds have also recently made changes to their positions in the stock. Norges Bank purchased a new stake in Tesla during the 4th quarter valued at $17,128,100,000. Corient Private Wealth LLC boosted its stake in shares of Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after buying an additional 20,810,386 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Tesla in the second quarter worth $6,083,630,000. Deutsche Bank AG bought a new stake in shares of Tesla in the second quarter worth $4,039,090,000. Finally, Bank of America Corp DE increased its position in Tesla by 56.0% during the fourth quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after acquiring an additional 7,450,766 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on TSLA shares. Stifel Nicolaus set a $491.00 target price on Tesla and gave the stock a “buy” rating in a research report on Monday, August 3rd. Guggenheim began coverage on shares of Tesla in a research report on Monday, June 29th. They set a “neutral” rating for the company. William Blair reiterated a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Tuesday, July 21st. Finally, The Goldman Sachs Group began coverage on shares of Tesla in a report on Friday, June 5th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $401.74.

Tesla Price Performance

Shares of Tesla stock opened at $354.08 on Friday. The firm has a market cap of $1.40 trillion, a PE ratio of 327.85, a PEG ratio of 19.00 and a beta of 1.84. The stock has a 50 day moving average of $358.22 and a 200 day moving average of $383.10. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA) last posted its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the prior year, the company posted $0.33 earnings per share. The firm’s revenue was up 25.5% compared to the same quarter last year. On average, research analysts expect that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by company insiders.

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.