Tesla, Inc. $TSLA Stock: Carmel Capital Partners LLC Reduces Position

Carmel Capital Partners LLC trimmed its stake in Tesla, Inc. (NASDAQ:TSLA) by 12.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,169 shares of the electric vehicle producer’s stock after selling 1,653 shares during the quarter. Tesla makes up 1.4% of Carmel Capital Partners LLC’s portfolio, making the stock its 21st biggest holding. Carmel Capital Partners LLC’s holdings in Tesla were worth $3,963,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of Tesla during the 2nd quarter worth about $25,000. Harborfront Financial Group LLC acquired a new position in shares of Tesla in the second quarter valued at approximately $34,000. Montgomery Financial Services LLC purchased a new position in shares of Tesla during the second quarter valued at approximately $40,000. Timbuktu Capital Management LLC purchased a new position in shares of Tesla during the second quarter valued at approximately $42,000. Finally, Navigoe LLC acquired a new stake in Tesla during the second quarter worth approximately $45,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred 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. This represents a 9.12% decrease in their position. The transaction was disclosed in a document filed 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. Company insiders own 20.00% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

Analysts Set New Price Targets

Several analysts have commented on TSLA shares. Jefferies Financial Group raised shares of Tesla from a “hold” rating to a “buy” rating in a research note on Monday, October 26th. Morgan Stanley raised Tesla from a “reduce” rating to an “overweight” rating in a research report on Monday, October 26th. Tigress Financial assumed coverage on Tesla in a research note on Thursday, October 22nd. They issued a “buy” rating for the company. Royal Bank Of Canada lowered Tesla from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 22nd. Finally, Canaccord Genuity Group set a $442.00 price objective on shares of Tesla and gave the stock a “buy” rating in a report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $414.51.

Tesla Trading Up 4.2%

Tesla stock traded up $14.53 during midday trading on Friday, reaching $358.22. The stock had a trading volume of 36,597,110 shares, compared to its average volume of 36,353,072. The stock’s 50-day simple moving average is $372.14 and its 200 day simple moving average is $384.35. Tesla, Inc. has a twelve month low of $297.38 and a twelve month 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. The stock has a market capitalization of $1.42 trillion, a PE ratio of 393.65, a price-to-earnings-growth ratio of 25.01 and a beta of 1.74.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. The company 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 firm’s revenue was down .2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 earnings per share. Analysts expect that Tesla, Inc. will post 0.67 EPS for the current year.

Tesla Profile

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.