Greenleaf Trust decreased its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 3.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,418 shares of the electric vehicle producer’s stock after selling 1,572 shares during the period. Greenleaf Trust’s holdings in Tesla were worth $17,534,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Bamco Inc. NY lifted its position in shares of Tesla by 5.0% in the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after purchasing an additional 591,243 shares in the last quarter. One Plus One Wealth Management LLC bought a new position in shares of Tesla during the 2nd quarter worth approximately $1,009,000. Bessemer Group Inc. increased its holdings in shares of Tesla by 23.6% in the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock valued at $20,908,000 after purchasing an additional 10,747 shares during the last quarter. H&H International Investment LLC acquired a new position in Tesla in the 1st quarter valued at about $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Tesla by 12.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock worth $15,470,000 after purchasing an additional 4,806 shares during the period. Institutional investors own 66.20% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have recently commented on TSLA shares. The Goldman Sachs Group reissued a “neutral” rating on shares of Tesla in a report on Thursday, October 22nd. Royal Bank Of Canada downgraded shares of Tesla from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 22nd. Wall Street Zen downgraded Tesla from a “hold” rating to a “sell” rating in a research note on Saturday, October 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research report on Monday, October 19th. Finally, Monness Crespi & Hardt began coverage on Tesla in a research note on Monday, October 26th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $414.51.
Check Out Our Latest Report on TSLA
Tesla Price Performance
Shares of NASDAQ TSLA opened at $399.81 on Monday. The company has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 439.36, a P/E/G ratio of 24.77 and a beta of 1.74. The company has a 50 day simple moving average of $369.61 and a two-hundred day simple moving average of $385.81. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS 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 analyst estimates of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the company earned $0.50 EPS. Analysts expect that Tesla, Inc. will post 0.67 EPS for the current fiscal year.
Key Tesla News
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
Insider Buying and Selling at Tesla
In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value 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 $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 20.00% of the company’s stock.
Tesla Company Profile
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.
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