EverSource Wealth Advisors LLC Buys 5,360 Shares of Tesla, Inc. $TSLA

EverSource Wealth Advisors LLC grew its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 6.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 86,484 shares of the electric vehicle producer’s stock after buying an additional 5,360 shares during the period. Tesla accounts for 1.0% of EverSource Wealth Advisors LLC’s portfolio, making the stock its 18th largest position. EverSource Wealth Advisors LLC’s holdings in Tesla were worth $32,151,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after buying an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Tesla by 21.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after acquiring an additional 931 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after acquiring an additional 3,558 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after acquiring an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC boosted its stake in shares of Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock valued at $1,544,000 after purchasing an additional 851 shares in the last quarter. 66.20% of the stock is owned by institutional investors.

Tesla Trading Down 0.6%

NASDAQ:TSLA opened at $307.44 on Wednesday. The firm has a market capitalization of $1.21 trillion, a P/E ratio of 284.67, a P/E/G ratio of 15.80 and a beta of 1.80. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average of $396.79 and a 200 day moving average of $400.44. Tesla, Inc. has a 52 week low of $297.82 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The firm had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 EPS. On average, research analysts predict that Tesla, Inc. will post 0.9 earnings per share for the current year.

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their position. The sale was disclosed in a filing 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. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were 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 $18,300,145.89. This trade represents 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. In the last 90 days, insiders have sold 32,015 shares of company stock worth $12,383,640. 19.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TSLA has been the topic of a number of analyst reports. DZ Bank upgraded shares of Tesla from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Mizuho set a $450.00 price target on shares of Tesla and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Zacks Research raised Tesla from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Canaccord Genuity Group set a $410.00 price objective on Tesla and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Needham & Company LLC restated a “hold” rating on shares of Tesla in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla presently has an average rating of “Hold” and a consensus price target of $402.24.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla won permission to revive a U.K. lawsuit involving InterDigital and a patent-licensing platform. The case could help Tesla secure licensing terms for connected vehicles using 5G technology, although it is not a final legal victory. Tesla wins bid to revive UK lawsuit for 5G patents licence
• Positive Sentiment: Long-term power-purchase agreements in Arizona and Texas should provide Tesla with additional renewable electricity and battery capacity, supporting its energy-storage and AI infrastructure ambitions. Tesla to buy power from Arizona solar project
• Positive Sentiment: Some analysts remain highly bullish: Wedbush reiterated a $600 target based on potential growth from full self-driving, Optimus and other AI businesses, while ARK Invest continued buying Tesla shares during the selloff. These views provide support but depend on substantial future execution. Wedbush issues $600 Tesla price target
• Neutral Sentiment: Technical commentary says TSLA is deeply oversold after its extended decline, creating the possibility of a short-term rebound. However, oversold conditions do not resolve the company’s fundamental profitability and execution concerns. Tesla turns most oversold in over a year
• Negative Sentiment: Tesla’s quarterly revenue exceeded expectations, but adjusted EPS was $0.33 versus a $0.50 consensus estimate. Operating income fell 57% to roughly $400 million, while capital expenditures surged 142% year over year and free cash flow turned negative. The combination of weaker margins and heavier spending is the primary reason for the post-earnings selloff.
• Negative Sentiment: Reports say Tesla delayed a major growth timeline, intensifying concerns that robotaxis, humanoid robots and AI-related businesses may take longer to commercialize. Elon Musk has acknowledged “substantial” challenges, weakening confidence in the near-term growth narrative. Tesla delays biggest growth story
• Negative Sentiment: Investors also face intense EV competition, including BYD’s improving performance and planned humanoid-robot launch. With Tesla still trading at a very high earnings multiple despite deteriorating automotive profitability, analysts warn that the stock leaves little room for execution mistakes.

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.