Tesla, Inc. $TSLA Stock: Private Wealth Partners LLC Cuts Position

Private Wealth Partners LLC trimmed its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 17.2% in the third quarter, HoldingsChannel.com reports. The fund owned 6,875 shares of the electric vehicle producer’s stock after selling 1,431 shares during the period. Private Wealth Partners LLC’s holdings in Tesla were worth $2,439,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of TSLA. State Street Corp increased its position in shares of Tesla by 2.4% during the 2nd quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after purchasing an additional 2,761,298 shares during the last quarter. Amundi raised its stake in shares of Tesla by 14.0% during the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after purchasing an additional 2,727,141 shares during the period. Legal & General Group Plc purchased a new position in shares of Tesla in the 2nd quarter worth about $8,535,612,000. Bank of New York Mellon Corp purchased a new position in shares of Tesla in the 2nd quarter worth about $6,083,630,000. Finally, Bamco Inc. NY grew its position in Tesla by 5.0% during the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after buying an additional 591,243 shares during the period. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla Stock Performance

Shares of TSLA stock traded down $2.36 during trading on Friday, reaching $372.22. 34,679,783 shares of the company’s stock traded hands, compared to its average volume of 36,818,196. The company has a market capitalization of $1.47 trillion, a P/E ratio of 409.04, a PEG ratio of 23.78 and a beta of 1.92. The company has a current ratio of 1.74, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm’s 50-day moving average is $364.01 and its 200 day moving average is $377.22. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83.

Tesla (NASDAQ:TSLA) last released 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. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The business had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. During the same period in the previous year, the business earned $0.50 EPS. Tesla’s revenue was down .2% compared to the same quarter last year. Equities research analysts expect that Tesla, Inc. will post 0.71 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. BMO Capital Markets initiated coverage on shares of Tesla in a research note on Monday, August 17th. They issued an “outperform” rating on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Tesla in a report on Thursday. TD Cowen reiterated a “buy” rating and issued a $460.00 price objective on shares of Tesla in a research note on Thursday. Morgan Stanley increased their price objective on Tesla from $400.00 to $410.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, William Blair reissued a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, twenty have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $408.61.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the transaction, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
• Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
• Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
• Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
• Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
• Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
• Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
• Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.

About Tesla

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.