Meeder Asset Management Inc. Makes New $1.14 Million Investment in Tesla, Inc. $TSLA

Meeder Asset Management Inc. purchased a new position in shares of Tesla, Inc. (NASDAQ:TSLAFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,718 shares of the electric vehicle producer’s stock, valued at approximately $1,143,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tiemann Investment Advisors LLC acquired a new position in shares of Tesla in the 2nd quarter worth approximately $290,000. Citizens Financial Group Inc. RI bought a new position in Tesla during the second quarter worth $38,308,000. Texas Capital Bank Wealth Management Services Inc acquired a new position in Tesla in the second quarter worth $3,908,000. Cornerstone Advisors LLC bought a new stake in Tesla during the second quarter valued at $44,764,000. Finally, Tortoise Investment Management LLC acquired a new stake in shares of Tesla during the second quarter worth $636,000. 66.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

TSLA has been the topic of a number of research reports. Evercore upgraded Tesla from a “hold” rating to an “outperform” rating in a research report on Friday, June 5th. Morgan Stanley reduced their price target on shares of Tesla from $417.00 to $400.00 and set an “equal weight” rating for the company in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft set a $420.00 target price on Tesla in a research note on Monday, July 27th. UBS Group set a $460.00 target price on shares of Tesla in a report on Thursday, July 23rd. Finally, Truist Financial set a $370.00 price objective on Tesla and gave the company a “hold” rating in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $401.74.

Get Our Latest Research Report on TSLA

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.

Tesla Stock Performance

Shares of TSLA opened at $367.95 on Tuesday. The company has a 50-day moving average of $359.59 and a two-hundred day moving average of $384.52. The stock has a market cap of $1.45 trillion, a price-to-earnings ratio of 340.70, a PEG ratio of 17.61 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83.

Tesla (NASDAQ:TSLAGet Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same period in the prior year, the business posted $0.33 EPS. The company’s revenue for the quarter was up 25.5% on a year-over-year basis. On average, equities research analysts expect that Tesla, Inc. will post 0.88 earnings per share for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Anticipation is building for Tesla’s Cybercab event in Austin, where the company is expected to showcase a two-seat autonomous vehicle without a steering wheel or pedals. Investors are treating the event as a potential catalyst for Tesla’s robotaxi strategy and future revenue growth. Tesla Cybercab launch article
  • Positive Sentiment: Reports that Tesla has begun production of its Optimus humanoid robot, along with updates involving artificial intelligence and Grok, reinforced the bull case that Tesla is becoming more than an electric-vehicle manufacturer. Optimus and Grok updates
  • Positive Sentiment: Tesla’s potential expansion of solar production with SpaceX and a reported large Texas chip-making facility added to optimism around its energy, computing and AI infrastructure ambitions. Texas chip facility report
  • Positive Sentiment: Higher crude oil prices and renewed geopolitical concerns revived the possibility that expensive gasoline could improve consumer interest in electric vehicles. Tesla also plans to raise prices on certain Cybertruck models, potentially supporting revenue per vehicle. Oil prices and Tesla shares
  • Neutral Sentiment: Speculation that Tesla could resume accepting Bitcoin payments resurfaced after Bitcoin mining reportedly surpassed Elon Musk’s earlier clean-energy threshold. No policy change has been confirmed, so the near-term stock impact is uncertain. Tesla Bitcoin payments report
  • Negative Sentiment: Investors remain concerned that Tesla’s roughly $25 billion 2026 capital budget, including spending on Optimus and robotaxis, could pressure cash flow if commercialization is delayed. Analysts also warn that autonomy may become a commodity, limiting Tesla’s eventual market share and valuation upside. Tesla investment risks
  • Negative Sentiment: A failed reported Robotaxi ride and Tesla’s decision to discontinue Solar Roof sales highlight execution and product-adoption risks, although the company is shifting toward conventional solar panels and energy storage. Tesla Solar Roof decision

Tesla Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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