Sanders Morris Harris LLC Increases Position in Tesla, Inc. $TSLA

Sanders Morris Harris LLC increased its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 54.6% in the second quarter, HoldingsChannel reports. The firm owned 7,684 shares of the electric vehicle producer’s stock after buying an additional 2,714 shares during the period. Tesla makes up approximately 1.9% of Sanders Morris Harris LLC’s investment portfolio, making the stock its 12th largest position. Sanders Morris Harris LLC’s holdings in Tesla were worth $3,232,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Networth Advisors LLC purchased a new position in shares of Tesla in the 4th quarter worth approximately $26,000. Davidson Capital Management Inc. grew its holdings in Tesla by 79.4% in 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 during the last quarter. Turning Point Benefit Group Inc. acquired a new position in shares of Tesla during the third quarter worth $30,000. Prism Advisors Inc. acquired a new stake in shares of Tesla in the 4th quarter worth $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in Tesla during the 3rd quarter worth $31,000. 66.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TSLA. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, July 21st. Citigroup assumed coverage on shares of Tesla in a research report on Thursday, July 9th. They set a “market perform” rating on the stock. Oppenheimer reaffirmed a “market perform” rating on shares of Tesla in a report on Thursday, July 23rd. Erste Group Bank raised shares of Tesla from a “sell” rating to a “hold” rating in a report on Friday, June 5th. Finally, HSBC restated a “hold” rating on shares of Tesla in a research note on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nineteen have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $401.74.

Tesla Trading Down 1.8%

Shares of Tesla stock opened at $321.55 on Thursday. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The stock has a market cap of $1.27 trillion, a PE ratio of 297.73, a price-to-earnings-growth ratio of 16.24 and a beta of 1.83. The firm has a fifty day moving average price of $383.35 and a 200 day moving average price of $395.05.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 earnings per share. Equities research analysts predict that Tesla, Inc. will post 0.89 earnings per share for the current year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Megapack demand is accelerating. SpaceX purchased $295 million of Tesla Megapacks in the second quarter and $329 million year to date to support AI data centers in Memphis. The sales provide evidence of growing demand for Tesla’s energy-storage business and a potential commercial relationship with SpaceX. SpaceX ramps up Tesla Megapack purchases in Q2
• Positive Sentiment: China sales remain a bright spot. Tesla’s China-made vehicle sales increased 37.8% year over year in July, marking the ninth consecutive month of growth. The performance could help ease concerns about demand in one of Tesla’s most important markets. Tesla’s July China-made EV sales rise
• Positive Sentiment: Long-term bulls continue to support the stock. ARK Invest’s Cathie Wood reportedly bought another $14.3 million of Tesla shares, while bullish commentary continues to focus on autonomy, robotics, AI, and energy storage as future growth drivers. Cathie Wood’s ARK Invest Tesla position
• Neutral Sentiment: Technical analysts see rebound potential. One forecast identifies support near current levels and a possible move toward $386.61, but this remains a technical scenario rather than a change in Tesla’s underlying fundamentals. Tesla price forecast
• Negative Sentiment: Profitability remains the central concern. Tesla’s latest quarter included an earnings miss, sharply lower operating income, and negative free cash flow despite record deliveries and revenue growth. With the shares trading at an exceptionally high earnings multiple, investors require substantial future success from autonomy and robotics to justify the valuation.
• Negative Sentiment: Autonomous-driving competition is intensifying. Uber is investing aggressively in robotaxis, while Amazon’s Zoox received approval to deploy up to 2,500 purpose-built driverless vehicles annually. A study examining how accident data could be used to train robotaxis also renewed safety concerns surrounding Tesla’s autonomous-driving ambitions. Uber robotaxi competition
• Negative Sentiment: Bearish sentiment remains visible. Investor Michael Burry is maintaining short positions in Tesla and warning of a potential broader market sell-off, adding pressure to an already volatile stock. Michael Burry’s Tesla short position

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the company’s 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 owned 18,106 shares in the company, valued at approximately $8,147,700. This represents a 14.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

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.