MFG Investments LLC Acquires 1,359 Shares of Tesla, Inc. $TSLA

MFG Investments LLC acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,359 shares of the electric vehicle producer’s stock, valued at approximately $482,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Security National Bank of Sioux City Iowa IA purchased a new position in shares of Tesla during the 2nd quarter worth about $25,000. Harborfront Financial Group LLC bought a new position in Tesla during the 2nd quarter valued at about $34,000. Montgomery Financial Services LLC purchased a new stake in Tesla in the 2nd quarter worth about $40,000. Timbuktu Capital Management LLC purchased a new stake in Tesla in the 2nd quarter worth about $42,000. Finally, Navigoe LLC bought a new stake in Tesla in the second quarter worth about $45,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European registrations rebounded. October registrations rose sharply in several Northern European markets, including 248% year over year in Sweden and 131% in Norway, alongside gains in other European countries. The data may support hopes of a sales recovery. Tesla registrations surge across Northern Europe in October
• Positive Sentiment: Substantial electric-truck demand: a shipper alliance reportedly ordered 2,500 Tesla Semi trucks, a potentially meaningful commercial opportunity if deliveries and adoption follow through. Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight
• Neutral Sentiment: Robotaxi expansion: Tesla’s service is set to reach Fort Worth, extending its footprint. The longer-term stock impact depends on customer uptake, operating economics and regulatory progress. Robotaxi Service Hits Fort Worth
• Negative Sentiment: China sales data were mixed, with a concerning sequential trend. China-made EV sales increased 10.3% year over year in October, but wholesale sales fell from September to their second-lowest level of 2026, raising concerns about demand and competition in a key market. Tesla’s China Wholesale Sales Sink Sequentially in October
• Negative Sentiment: South Korean consumer group alleges Tesla misled customers about its automated-driving technology. The claim could bring reputational or regulatory risk; it is an allegation, not a reported finding. Tesla misled South Korean customers, consumer group alleges

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on TSLA shares. Truist Financial set a $370.00 target price on Tesla and gave the company a “hold” rating in a research report on Thursday, July 23rd. Barclays raised Tesla from an “outperform” rating to an “overweight” rating and upped their target price for the company from $370.00 to $450.00 in a research note on Monday, October 26th. Tigress Financial started coverage on Tesla in a report on Thursday, October 22nd. They issued a “buy” rating on the stock. DZ Bank raised Tesla from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $485.00 price objective on shares of Tesla in a report on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $414.51.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 20.00% of the company’s stock.

Tesla Trading Down 1.3%

TSLA stock opened at $398.50 on Wednesday. The company has a market capitalization of $1.58 trillion, a PE ratio of 437.92, a P/E/G ratio of 25.01 and a beta of 1.74. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The firm’s 50-day moving average is $371.42 and its 200 day moving average is $385.39. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The company had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The firm’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the business posted $0.50 EPS. On average, research analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current year.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.