Third View Private Wealth LLC bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 57,728 shares of the electric vehicle producer’s stock, valued at approximately $25,961,000. Tesla comprises approximately 3.5% of Third View Private Wealth LLC’s holdings, making the stock its 6th largest position.
Several other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Tesla by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer’s stock worth $112,241,237,000 after purchasing an additional 995,623 shares during the last quarter. State Street Corp increased its stake in shares of Tesla by 0.3% during the 3rd quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer’s stock worth $50,592,614,000 after purchasing an additional 344,162 shares during the last quarter. Capital World Investors increased its stake in shares of Tesla by 5.8% during the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after purchasing an additional 2,403,019 shares during the last quarter. Jennison Associates LLC increased its stake in shares of Tesla by 38.3% during the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $4,851,747,000 after purchasing an additional 3,021,550 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of Tesla by 5.8% during the 3rd quarter. Franklin Resources Inc. now owns 6,737,089 shares of the electric vehicle producer’s stock worth $2,996,118,000 after purchasing an additional 368,493 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.
Tesla Stock Up 1.0%
Shares of TSLA opened at $352.33 on Tuesday. Tesla, Inc. has a 52 week low of $222.79 and a 52 week high of $498.83. The firm has a market cap of $1.32 trillion, a P/E ratio of 326.23, a price-to-earnings-growth ratio of 10.59 and a beta of 1.91. The firm’s 50-day simple moving average is $391.52 and its 200 day simple moving average is $424.18. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. restated a “sell” rating on shares of Tesla in a research note on Tuesday, April 7th. Robert W. Baird lowered their price objective on shares of Tesla from $548.00 to $538.00 and set an “outperform” rating on the stock in a research note on Thursday, April 2nd. China Renaissance boosted their price objective on shares of Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Wedbush restated an “outperform” rating and set a $600.00 price objective on shares of Tesla in a research note on Friday, March 27th. Finally, Mizuho set a $540.00 price objective on shares of Tesla and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and ten have given a Sell rating to the company. According to data from MarketBeat.com, Tesla has a consensus rating of “Hold” and a consensus target price of $399.44.
Get Our Latest Report on Tesla
Insider Transactions at Tesla
In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the business’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares of the company’s stock, valued at $12,166,913.80. This represents a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,804 shares of company stock valued at $20,865,598 in the last three months. Insiders own 19.90% of the company’s stock.
Tesla News Roundup
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Dutch approval and a formal push for EU‑wide FSD clearance materially de‑risk Tesla’s regulatory pathway for supervised Full Self‑Driving in Europe — a potential revenue and network‑scale catalyst if other EU regulators follow suit. Dutch regulator notifies European Commission of plan to seek EU approval for Tesla’s FSD
- Positive Sentiment: Reports Tesla is reviving a lower‑cost compact SUV (rumored “Model Q”) and ongoing discussions about a sub‑$30k offering raise the prospect of renewed volume growth and margin leverage long‑term. This narrative supports upside expectations if execution follows. Tesla Is Allegedly Working on a Cheaper EV
- Neutral Sentiment: RBC trimmed its TSLA price target to $480 but kept an “Outperform” rating — a modest technical downgrade that still implies significant upside from current levels and may temper downside‑only narratives. RBC adjusts price target
- Negative Sentiment: Q1 deliveries (~358k) missed expectations and commentary highlights softening China demand — near‑term sales and margin pressure remain primary risks ahead of earnings. Tesla’s Deliveries Reinforce How It Has Further To Decline
- Negative Sentiment: Analysts flag that robotaxi/Autonomy rollouts are consuming cash and may weigh on near‑term free cash flow and margins even if they’re strategically important long‑term. Robotaxi rollout cuts into cash flow
- Negative Sentiment: Geopolitical/oil‑price shocks and analyst warnings (including dramatic downside scenarios) are creating macro risk that could pressure auto industry outlooks and investor appetite for high‑growth EV names. Prolonged Iran war could drive outlook cuts
- Negative Sentiment: Concerns around investor allocation (e.g., potential SpaceX IPO and sizable insider selling highlighted in social/aggregate data) add crowding and sentiment risk that can amplify price moves. Why SpaceX’s IPO could put pressure on Tesla’s stock
Tesla Company Profile
Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.
Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.
Further Reading
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