1,452 Tesla, Inc. $TSLA Shares Sold by Ballew Advisors Inc

Ballew Advisors Inc trimmed its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 25.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,208 shares of the electric vehicle producer’s stock after selling 1,452 shares during the quarter. Tesla accounts for 0.8% of Ballew Advisors Inc’s portfolio, making the stock its 26th largest holding. Ballew Advisors Inc’s holdings in Tesla were worth $1,559,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Olistico Wealth LLC raised its stake in Tesla by 18.9% during the third quarter. Olistico Wealth LLC now owns 1,575 shares of the electric vehicle producer’s stock worth $559,000 after acquiring an additional 250 shares in the last quarter. CapWealth Advisors LLC boosted its stake in shares of Tesla by 2.5% in the 3rd quarter. CapWealth Advisors LLC now owns 1,377 shares of the electric vehicle producer’s stock valued at $489,000 after purchasing an additional 33 shares in the last quarter. Adelphi Trust Co grew its holdings in shares of Tesla by 58.3% in the 3rd quarter. Adelphi Trust Co now owns 2,800 shares of the electric vehicle producer’s stock worth $993,000 after purchasing an additional 1,031 shares during the last quarter. Rockland Trust Co. increased its position in shares of Tesla by 4.4% during the 3rd quarter. Rockland Trust Co. now owns 1,312 shares of the electric vehicle producer’s stock worth $466,000 after purchasing an additional 55 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Tesla by 12.4% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock valued at $15,470,000 after purchasing an additional 4,806 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.

Tesla Trading Up 2.2%

Tesla stock traded up $8.14 during trading hours on Monday, reaching $378.73. 42,102,282 shares of the company’s stock traded hands, compared to its average volume of 51,737,199. The firm has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 350.68, a PEG ratio of 19.78 and a beta of 1.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The firm’s 50 day moving average is $348.41 and its 200-day moving average is $377.38.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.33 EPS. On average, analysts predict that Tesla, Inc. will post 0.83 earnings per share for the current year.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the sale, the chief financial officer owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla delivered approximately 487,000 vehicles in the third quarter, about 5% above consensus estimates. Deliveries increased sequentially, and the company is on pace for its first annual delivery increase since 2023. Tesla deliveries top consensus, but energy storage deployments miss estimates
• Positive Sentiment: Optimistic commentators argue that higher U.S. gasoline prices are improving electric-vehicle demand and that Tesla could continue taking share from traditional automakers. Tesla’s Q3 Delivery Beat Is Just the Start
• Positive Sentiment: IMC Logistics ordered 50 Tesla Semi trucks, providing a commercial-vehicle demand catalyst and potential validation for Tesla’s electric freight strategy. Tesla Stock Lands 50-Truck Semi Deal
• Neutral Sentiment: Elon Musk confirmed discussions with Taiwan Semiconductor Manufacturing Co. about a dedicated “Terafab” chip facility serving Tesla, SpaceX and xAI. The proposal could improve access to AI computing capacity, but no firm agreement or financing details were announced. Musk confirms talks with TSMC over Terafab chip plant
• Negative Sentiment: Energy-storage deployments missed estimates, and deliveries still declined year over year, limiting the strength of the headline vehicle beat. Tesla also delivered more vehicles than it produced during the quarter, which could pressure inventory in subsequent periods. Tesla delivered more vehicles than it built in Q3
• Negative Sentiment: Analysts remain concerned that Tesla’s very high valuation leaves little room for execution mistakes, particularly as automotive margins shrink and costly AI, robotaxi and robotics initiatives have yet to generate substantial profits. HSBC raised its price target but maintained a “Reduce” rating. Wall Street analyst sets Tesla stock price
• Negative Sentiment: Autonomy remains a key risk: analyst Gary Black said Waymo is ahead of Tesla in robotaxis, while Musk acknowledged nighttime detection challenges in Tesla’s service. Tesla Robotaxi’s Nighttime Problem

Wall Street Analyst Weigh In

A number of research firms have commented on TSLA. Morgan Stanley restated a “reduce” rating on shares of Tesla in a research report on Monday, September 14th. Roth Capital reiterated a “buy” rating and issued a $505.00 target price on shares of Tesla in a research note on Thursday, July 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a report on Tuesday, July 21st. JPMorgan Chase & Co. decreased their price target on Tesla from $445.00 to $415.00 and set a “neutral” rating on the stock in a research report on Monday, September 28th. Finally, William Blair reaffirmed a “market perform” rating on shares of Tesla in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eighteen have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, Tesla presently has a consensus rating of “Hold” and a consensus target price of $412.01.

Tesla Company Profile

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.