Tesla, Inc. $TSLA Holdings Trimmed by Sloy Dahl & Holst LLC

Sloy Dahl & Holst LLC reduced its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 14.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 893,965 shares of the electric vehicle producer’s stock after selling 145,057 shares during the quarter. Tesla accounts for 45.8% of Sloy Dahl & Holst LLC’s investment portfolio, making the stock its biggest holding. Sloy Dahl & Holst LLC’s holdings in Tesla were worth $317,188,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Harbor Group Inc. lifted its position in shares of Tesla by 5.2% in the third quarter. Harbor Group Inc. now owns 606 shares of the electric vehicle producer’s stock worth $215,000 after purchasing an additional 30 shares in the last quarter. Johnson Bixby & Associates LLC boosted its holdings in shares of Tesla by 27.5% during the third quarter. Johnson Bixby & Associates LLC now owns 3,340 shares of the electric vehicle producer’s stock worth $1,185,000 after purchasing an additional 720 shares during the period. Mezzasalma Advisors LLC boosted its holdings in shares of Tesla by 10.7% during the third quarter. Mezzasalma Advisors LLC now owns 73,627 shares of the electric vehicle producer’s stock worth $25,998,000 after purchasing an additional 7,101 shares during the period. Tenon Financial LLC purchased a new position in Tesla during the third quarter valued at approximately $668,000. Finally, Fortress Financial Solutions LLC purchased a new position in Tesla during the third quarter valued at approximately $786,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on TSLA. Tigress Financial reiterated a “buy” rating and issued a $550.00 price objective on shares of Tesla in a research note on Thursday, October 8th. Robert W. Baird set a $475.00 target price on shares of Tesla in a research note on Monday, July 27th. HSBC reissued a “reduce” rating and set a $157.00 target price on shares of Tesla in a research note on Monday, October 5th. Glj Research restated a “sell” rating on shares of Tesla in a report on Friday, September 4th. Finally, Citizens Jmp initiated coverage on shares of Tesla in a research note on Thursday, July 9th. They issued a “market perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, Tesla has an average rating of “Hold” and a consensus target price of $412.33.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s long-delayed Roadster event is scheduled for October 15, with attention focused on potential SpaceX-powered features. The reveal could provide a near-term catalyst if Tesla demonstrates credible technology and production plans. Tesla Roadster event article
• Positive Sentiment: Tesla’s Cybercab fleet in Austin has expanded rapidly, strengthening the company’s robotaxi narrative. The launch is important because investors increasingly value Tesla as an autonomy and artificial-intelligence company rather than solely as an automaker. Tesla robotaxi fleet article
• Positive Sentiment: Tesla and Pilot opened their first heavy-duty Megacharger site, with 12 additional locations underway. The network could support Tesla Semi adoption and create a longer-term energy and infrastructure opportunity. Pilot Tesla Megacharger article
• Neutral Sentiment: Reports that Tesla and SpaceX could merge before December 6 are speculative and lack confirmation from either company, but the possibility may add volatility because of Elon Musk’s overlapping leadership and shareholder interests. Tesla SpaceX merger article
• Negative Sentiment: Analysts expect third-quarter earnings to decline, with automotive margins and year-over-year deliveries under scrutiny ahead of the October 21 report. A prior earnings miss and Tesla’s modest net margin increase the risk of disappointment. Tesla Q3 earnings preview
• Negative Sentiment: China remains a major pressure point: an intense price war and stronger competition have hurt domestic demand, while increased exports have reversed Tesla’s China wholesale trend. Tesla China strategy article
• Negative Sentiment: Plans for the Terafab AI-chip facility could deepen Tesla’s capital-spending burden, already expected to exceed $25 billion this year. Investors are questioning whether Tesla has the semiconductor expertise and funding capacity to execute, particularly at its stretched valuation. Tesla Terafab article

Tesla Stock Performance

Shares of TSLA opened at $367.16 on Thursday. The company has a market capitalization of $1.45 trillion, a PE ratio of 339.97, a price-to-earnings-growth ratio of 24.37 and a beta of 1.92. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The company’s fifty day moving average price is $358.60 and its 200 day moving average price is $377.05.

Tesla (NASDAQ:TSLA) last released its earnings results on Thursday, July 23rd. 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 in the prior year, the firm earned $0.33 EPS. The firm’s revenue was up 25.5% on a year-over-year basis. As a group, analysts expect that Tesla, Inc. will post 0.69 earnings per share for the current year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated 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 directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.

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.