Keebeck Wealth Management Increases Stock Position in Tesla, Inc. $TSLA

Keebeck Wealth Management boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 63.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,190 shares of the electric vehicle producer’s stock after buying an additional 3,969 shares during the quarter. Keebeck Wealth Management’s holdings in Tesla were worth $3,788,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Networth Advisors LLC acquired a new stake in shares of Tesla during the 4th quarter valued at about $26,000. Chapman Financial Group LLC acquired a new position in Tesla in the 2nd quarter worth about $26,000. Davidson Capital Management Inc. boosted its position in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after purchasing an additional 27 shares in the last quarter. Friedenthal Financial grew its holdings in Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after purchasing an additional 30 shares during the period. Finally, Prism Advisors Inc. acquired a new stake in Tesla in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Transactions at Tesla

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the sale, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 32,015 shares of company stock valued at $12,383,640 over the last three months. Corporate insiders own 19.90% of the company’s stock.

Tesla Price Performance

NASDAQ:TSLA opened at $319.69 on Friday. Tesla, Inc. has a one year low of $297.82 and a one year high of $498.83. The stock has a market cap of $1.20 trillion, a PE ratio of 296.01, a P/E/G ratio of 12.55 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The stock has a 50 day moving average price of $402.92 and a 200 day moving average price of $403.16.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, July 22nd. 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 3.88% and a net margin of 3.67%.The company had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. During the same period last year, the firm posted $0.33 EPS. The business’s quarterly revenue was up 25.5% on a year-over-year basis. Equities research analysts expect that Tesla, Inc. will post 1.34 EPS for the current fiscal year.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported record quarterly revenue of $28.24 billion, up 25.5% year over year, and delivered a record number of vehicles, showing the core business is still growing. Tesla Q2 Earnings Report
• Positive Sentiment: Management highlighted progress in autonomous driving, Robotaxi expansion, Optimus production, and FSD adoption, which keeps the long-term AI and robotics story alive for bullish investors. Reuters Robotaxi Update
• Neutral Sentiment: Some analysts still see upside from the company’s autonomy strategy and reaffirmed Buy/Hold ratings, but several also cut price targets after the earnings call, signaling a more cautious stance. Analyst Price Target Cuts
• Negative Sentiment: Tesla missed EPS estimates, posted negative free cash flow for the first time in more than two years, and confirmed about $25 billion in full-year capex, raising concerns that heavy AI/robotics spending is squeezing near-term profits and liquidity. Reuters Cash Burn and Capex
• Negative Sentiment: Investor reaction also turned more negative because Elon Musk emphasized spending “as fast as we can” on AI and gave few near-term details on Robotaxi timing, which made the growth story look more like a long-dated promise than an immediate profit driver. MarketWatch Investor Reaction

Wall Street Analysts Forecast Growth

TSLA has been the subject of several research analyst reports. Roth Capital reaffirmed a “buy” rating and set a $505.00 target price on shares of Tesla in a research note on Thursday. BTIG Research cut shares of Tesla to a “neutral” rating in a research note on Friday, June 5th. HSBC reissued a “hold” rating on shares of Tesla in a report on Monday, June 15th. Wells Fargo & Company restated an “underweight” rating and set a $130.00 price objective (up from $125.00) on shares of Tesla in a research report on Tuesday, July 14th. Finally, Citizens Jmp initiated coverage on shares of Tesla in a research report on Thursday, July 9th. They issued a “market perform” rating on the stock. Twenty-one research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $406.42.

Tesla 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.