Leo Wealth LLC Buys 3,895 Shares of Tesla, Inc. $TSLA

Leo Wealth LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA) during the third quarter, HoldingsChannel.com reports. The fund purchased 3,895 shares of the electric vehicle producer’s stock, valued at approximately $1,382,000.

Several other hedge funds have also bought and sold shares of TSLA. Legal & General Group Plc bought a new stake in shares of Tesla in the second quarter worth about $8,535,612,000. Bank of New York Mellon Corp purchased a new stake in shares of Tesla in the second quarter worth about $6,083,630,000. Deutsche Bank AG purchased a new stake in shares of Tesla in the second quarter worth about $4,039,090,000. Canada Pension Plan Investment Board bought a new position in Tesla during the second quarter valued at approximately $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Tesla during the second quarter valued at approximately $2,995,584,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on TSLA shares. Truist Financial set a $370.00 price objective on Tesla and gave the stock a “hold” rating in a report on Thursday, July 23rd. Piper Sandler reissued an “overweight” rating and issued a $475.00 target price (up from $450.00) on shares of Tesla in a report on Thursday. Tigress Financial began coverage on shares of Tesla in a report on Thursday. They issued a “buy” rating for the company. Mizuho boosted their price target on shares of Tesla from $450.00 to $460.00 and gave the stock an “outperform” rating in a research report on Thursday, October 22nd. Finally, UBS Group raised shares of Tesla from a “neutral” rating to a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $411.04.

Tesla Stock Performance

Shares of Tesla stock opened at $391.62 on Tuesday. The stock’s fifty day moving average is $363.77 and its two-hundred day moving average is $386.75. The company has a market capitalization of $1.55 trillion, a PE ratio of 430.36, a price-to-earnings-growth ratio of 23.62 and a beta of 1.92. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The business had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. During the same quarter last year, the firm posted $0.50 earnings per share. The business’s revenue was down .2% compared to the same quarter last year. As a group, analysts expect that Tesla, Inc. will post 0.71 earnings per share for the current year.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 20.00% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Barclays upgrade and SpaceX speculation: Barclays upgraded Tesla to Overweight from Equal Weight and raised its price target from $370 to $450. The analyst cited potential value from a Tesla-SpaceX transaction, as well as improving prospects for Tesla’s automotive, energy-storage and autonomous-driving businesses. Tesla and SpaceX have reportedly formed independent committees to evaluate a possible combination, but no deal has been agreed. Buy Tesla Stock, Says Analyst. Why It Can Surge 20%.
• Positive Sentiment: Autonomy momentum: Tesla’s Full Self-Driving (FSD) system received approval in Latvia, reportedly bringing the number of approving EU countries to 10. Separately, a partnership with Turo will promote FSD-equipped Tesla vehicles available through its rental marketplace, potentially increasing consumer adoption and subscription revenue. Cybercab activity also reportedly reached a record during Austin’s Formula One weekend. Tesla turns to Turo to boost adoption of Full Self-Driving
• Positive Sentiment: AI and robotics investment case: Analysts argued that Tesla’s reduced 2026 capital-spending forecast reflects timing rather than a retreat from AI. The company still has more than $45 billion in cash and investments to fund Full Self-Driving, Cybercab and Optimus development. Management also expects spending to rise in future years.
• Neutral Sentiment: Short-interest data appears inconsistent: One report described a large increase in October short interest but simultaneously listed total short interest at zero shares and a zero-day days-to-cover ratio. The figures should therefore be treated cautiously rather than as a reliable signal of short-covering demand.
• Negative Sentiment: Execution and valuation concerns: Tesla’s third-quarter revenue was essentially flat year over year, while operating income reportedly fell 56%. Critics also highlighted a P/E ratio above 400 and questioned whether the stock price already discounts successful autonomy, robotics and SpaceX-related outcomes.
• Negative Sentiment: Cybertruck weakness: Reports that Tesla canceled or delayed Cybertruck availability in two countries underscore concerns about the vehicle’s weaker-than-expected demand and limited international expansion. Tesla Cancels Cybertruck in Two Countries

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.