Mirae Asset Global Investments Co. Ltd. Makes New $845.85 Million Investment in Tesla, Inc. $TSLA

Mirae Asset Global Investments Co. Ltd. bought a new position in Tesla, Inc. (NASDAQ:TSLA) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 2,383,942 shares of the electric vehicle producer’s stock, valued at approximately $845,846,000. Tesla makes up about 1.5% of Mirae Asset Global Investments Co. Ltd.’s investment portfolio, making the stock its 12th largest holding. Mirae Asset Global Investments Co. Ltd. owned 0.06% of Tesla at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Peirce Capital Management LLC grew its holdings in shares of Tesla by 1.5% during the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock worth $697,000 after purchasing an additional 25 shares during the last quarter. Phillip James Consulting Co. raised its holdings in Tesla by 8.7% in the 1st quarter. Phillip James Consulting Co. now owns 326 shares of the electric vehicle producer’s stock valued at $121,000 after buying an additional 26 shares during the last quarter. Cadence Wealth Management LLC raised its holdings in Tesla by 4.7% in the 1st quarter. Cadence Wealth Management LLC now owns 580 shares of the electric vehicle producer’s stock valued at $216,000 after buying an additional 26 shares during the last quarter. Crumly & Associates Inc. boosted its position in Tesla by 0.6% during the 2nd quarter. Crumly & Associates Inc. now owns 4,698 shares of the electric vehicle producer’s stock worth $1,976,000 after buying an additional 26 shares during the period. Finally, Brickley Wealth Management boosted its position in Tesla by 3.6% during the 2nd quarter. Brickley Wealth Management now owns 757 shares of the electric vehicle producer’s stock worth $318,000 after buying an additional 26 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares in the company, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by company insiders.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s robotaxi business continues to generate optimism. The company added a Quiet Mode to Model Y robotaxis after driverless miles reportedly increased eightfold, potentially improving passenger comfort and supporting broader adoption. Tesla Adds Sleep-Friendly Robotaxi Feature After Driverless Miles Surge Eightfold
• Positive Sentiment: Analysts and financial commentators pointed to Cybercab, robotaxis, Optimus and AI as potential growth engines that could create new revenue streams beyond vehicle sales. Tesla’s European registrations also reached a record in September, with the Model Y and Model 3 ranking first and second. Tesla Could Be About to Unlock a Brand-New Revenue Stream
• Positive Sentiment: Tesla generated $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion, suggesting some capital discipline despite continued investment in AI, robotics and autonomy. Tesla’s Free Cash Flow Beat
• Neutral Sentiment: A possible Tesla-SpaceX merger remains a major source of speculative upside, but Bank of America warned that Chinese regulatory approval could be a significant obstacle, particularly because Tesla’s Shanghai operations could become linked to a U.S. defense contractor. Tesla-SpaceX Merger Could Face Regulatory Risk in China
• Negative Sentiment: A Seeking Alpha downgrade argued that Tesla’s valuation already discounts ambitious promises whose timelines continue to slip. Rising research and development spending for AI, Optimus and driverless vehicles is also pressuring operating profits. Tesla Paying Peak Multiples for Promises That Keep Slipping
• Negative Sentiment: Competition and execution concerns remain. Chinese rival XPeng promoted more commercially viable flying-car technology, Rivian is developing a competing autonomy strategy, and Tesla reportedly halted Cybertruck reservations and sales plans in Australia and New Zealand. Tesla Stock Falls as China Promotes Flying Cars

Tesla Stock Performance

Shares of TSLA stock opened at $399.81 on Friday. The stock has a market capitalization of $1.58 trillion, a PE ratio of 439.36, a PEG ratio of 24.77 and a beta of 1.92. The business’s 50 day simple moving average is $369.61 and its 200 day simple moving average is $385.81. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83.

Tesla (NASDAQ:TSLA) last announced its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. Tesla’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter last year, the firm earned $0.50 earnings per share. As a group, research analysts forecast that Tesla, Inc. will post 0.67 earnings per share for the current year.

Analyst Upgrades and Downgrades

TSLA has been the topic of a number of research reports. Piper Sandler reissued an “overweight” rating and set a $475.00 target price (up from $450.00) on shares of Tesla in a report on Thursday, October 22nd. Monness Crespi & Hardt initiated coverage on shares of Tesla in a research note on Monday, October 26th. They set a “buy” rating for the company. Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a report on Thursday, October 22nd. JPMorgan Chase & Co. boosted their price objective on shares of Tesla from $415.00 to $430.00 and gave the stock a “neutral” rating in a research note on Thursday, October 22nd. Finally, Truist Financial set a $370.00 price objective on Tesla and gave the company a “hold” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $414.51.

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.