Tesla, Inc. $TSLA Shares Sold by Kercheville Advisors LLC

Kercheville Advisors LLC decreased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 13.9% in the 1st quarter, Holdings Channel reports. The firm owned 15,815 shares of the electric vehicle producer’s stock after selling 2,550 shares during the quarter. Tesla comprises about 1.9% of Kercheville Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Kercheville Advisors LLC’s holdings in Tesla were worth $5,879,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Crestwood Advisors Group LLC boosted its position in Tesla by 34.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock valued at $8,799,000 after purchasing an additional 5,039 shares during the period. Gamco Investors INC. ET AL increased its position in Tesla by 29.6% in the third quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock worth $14,487,000 after buying an additional 7,446 shares during the period. Calamos Wealth Management LLC boosted its holdings in shares of Tesla by 5.9% during the fourth quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock valued at $18,846,000 after acquiring an additional 2,341 shares during the period. Private Capital Advisors Inc. grew its position in shares of Tesla by 139.3% during the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock worth $9,593,000 after acquiring an additional 12,417 shares during the last quarter. Finally, Wealthquest Corp acquired a new stake in shares of Tesla in the 4th quarter worth about $1,035,000. 66.20% of the stock is currently owned by institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla announced a major energy partnership with Sunrun and Renew Home to aggregate more than 16 gigawatts of flexible residential power capacity, positioning Tesla’s battery and software ecosystem as a potential solution for AI data-center power needs. Tesla (TSLA) Lands 16 Gigawatt U.S. Power Plant Deal And 25 Gigawatt Hour Europe Pact
• Positive Sentiment: The Trump administration proposed easing federal AV rules by allowing vehicles designed for automated driving to skip brake pedals, which could help Tesla’s robotaxi and FSD ambitions if adopted. Trump admin proposes axing brake pedal requirement for AVs in a boost for Tesla
• Positive Sentiment: Reports also said Giga Berlin is preparing to raise weekly output to 7,500 vehicles in October, signaling improving demand and production momentum in Europe. TSLA Stock Dips — Tesla Gears Up To Ramp European Production To 7,500 Vehicles Per Week Amid FSD Push
• Neutral Sentiment: Several commentary pieces argued that Tesla’s energy division and robotics strategy could become important long-term growth engines, but these views are speculative and do not change near-term fundamentals. Down 14%, Is Tesla a Good Buy Now?
• Neutral Sentiment: JPMorgan reiterated a neutral stance, underscoring that some analysts remain cautious even with Tesla’s autonomy and energy optionality. Tesla: JP Morgan Gives a Neutral Rating
• Negative Sentiment: Tesla is facing a wrongful-death lawsuit tied to a fatal Texas crash involving Autopilot/FSD, and the NTSB has opened a probe, increasing legal and reputational risk around its driver-assistance systems. Tesla sued over fatal Texas crash linked to Autopilot
• Negative Sentiment: Tesla has also been hit by broader skepticism over its valuation and execution, with one analysis arguing the stock would need an unrealistically high return on assets to justify its price. Tesla Stock Data

Wall Street Analysts Forecast Growth

TSLA has been the subject of several recent analyst reports. BNP Paribas Exane cut shares of Tesla from a “hold” rating to an “underperform” rating in a research report on Friday, June 5th. Phillip Securities cut their price target on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a report on Wednesday, May 13th. UBS Group reissued a “neutral” rating on shares of Tesla in a report on Tuesday. China Renaissance lowered their target price on Tesla from $382.00 to $372.00 and set a “hold” rating on the stock in a research report on Monday, April 27th. Finally, Evercore raised Tesla from a “hold” rating to an “outperform” rating in a research note on Friday, June 5th. Twenty-one research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus price target of $403.07.

Tesla Trading Down 0.1%

Shares of NASDAQ:TSLA opened at $375.12 on Friday. The company has a 50 day moving average of $405.86 and a 200-day moving average of $413.41. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.41 trillion, a P/E ratio of 344.15, a P/E/G ratio of 15.01 and a beta of 1.80. Tesla, Inc. has a twelve month low of $288.77 and a twelve month high of $498.83.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. During the same quarter last year, the business earned $0.27 earnings per share. The business’s revenue for the quarter was up 15.8% on a year-over-year basis. As a group, analysts anticipate that Tesla, Inc. will post 1.19 earnings per share for the current fiscal year.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 57,824 shares of company stock worth $21,657,588. 19.90% of the stock is owned by insiders.

About Tesla

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.