Texas Capital Bank Wealth Management Services Inc Takes Position in Tesla, Inc. $TSLA

Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLAFree Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,292 shares of the electric vehicle producer’s stock, valued at approximately $3,908,000.

Several other hedge funds and other institutional investors have also bought and sold shares of TSLA. Turning Point Benefit Group Inc. purchased a new position in shares of Tesla during the third quarter worth approximately $30,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Tesla in the 3rd quarter valued at $31,000. Friedenthal Financial grew its holdings in shares of Tesla by 66.7% during the 1st 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 last quarter. Chapman Financial Group LLC purchased a new position in Tesla in the 2nd quarter worth $26,000. Finally, Sarver Vrooman Wealth Advisors bought a new stake in Tesla in the fourth quarter worth $37,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on TSLA shares. HSBC reaffirmed a “hold” rating on shares of Tesla in a research note on Monday, June 15th. BNP Paribas Exane lowered Tesla from a “hold” rating to an “underperform” rating in a research note on Friday, June 5th. Wells Fargo & Company restated an “underweight” rating and set a $130.00 price target (up from $125.00) on shares of Tesla in a research report on Tuesday, July 14th. William Blair reaffirmed a “market perform” rating on shares of Tesla in a research note on Thursday, July 2nd. Finally, BMO Capital Markets started coverage on Tesla in a research report on Monday, August 17th. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, nineteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $401.74.

Read Our Latest Stock Report on TSLA

Key Tesla News

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

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. This trade represents a 10.57% 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. Corporate insiders own 19.90% of the company’s stock.

Tesla Stock Performance

Tesla stock opened at $367.95 on Tuesday. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.45 trillion, a P/E ratio of 340.70, a P/E/G ratio of 17.61 and a beta of 1.83. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The firm has a 50-day moving average of $359.59 and a 200-day moving average of $384.52.

Tesla (NASDAQ:TSLAGet Free Report) last announced its quarterly earnings results 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 business had revenue of $28.24 billion for 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%. The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 EPS. Sell-side analysts expect that Tesla, Inc. will post 0.88 EPS for the current year.

Tesla Company 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.

Further Reading

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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