1248 Management LLC Sells 16,897 Shares of Tesla, Inc. $TSLA

Key Points

• 1248 Management LLC cut its Tesla stake by 90.1%, selling 16,897 shares in the quarter and retaining 1,857 shares valued at $826,000 per its Form 13F filing.
• Company insiders have been net sellers — CFO Vaibhav Taneja sold 2,264 shares and Director James R. Murdoch sold 60,000 shares, with insiders offloading a total of 87,995 shares worth $38.3 million in the last three months (insiders own 19.90%).
• Analysts give Tesla an average rating of “Hold” with an average price target of $406.84, based on 19 Buys, 13 Holds and 9 Sells.

1248 Management LLC decreased its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 90.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,857 shares of the electric vehicle producer's stock after selling 16,897 shares during the quarter. 1248 Management LLC's holdings in Tesla were worth $826,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Manning & Napier Advisors LLC bought a new stake in shares of Tesla during the 3rd quarter valued at $29,000. Texas Capital Bancshares Inc TX bought a new position in Tesla in the 3rd quarter worth $31,000. Westend Capital Management LLC purchased a new stake in Tesla in the 3rd quarter worth $32,000. Chapman Financial Group LLC purchased a new stake in Tesla in the 2nd quarter worth $26,000. Finally, CoreFirst Bank & Trust bought a new stake in Tesla during the second quarter valued at about $30,000. Institutional investors own 66.20% of the company's stock.

Wall Street Analyst Weigh In

TSLA has been the subject of a number of recent analyst reports. Barclays reaffirmed a "neutral" rating on shares of Tesla in a research note on Wednesday, March 4th. Phillip Securities decreased their target price on Tesla from $220.00 to $215.00 and set a "sell" rating on the stock in a research note on Monday, February 2nd. UBS Group boosted their price target on Tesla from $307.00 to $352.00 and gave the stock a "sell" rating in a report on Thursday, January 29th. DZ Bank reaffirmed a "sell" rating on shares of Tesla in a report on Thursday, January 29th. Finally, Truist Financial reduced their price objective on shares of Tesla from $439.00 to $438.00 and set a "hold" rating on the stock in a research report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $406.84.

Tesla Stock Down 1.0%

Shares of TSLA opened at $391.20 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The stock has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 362.22, a price-to-earnings-growth ratio of 11.57 and a beta of 1.89. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The business's 50 day simple moving average is $419.98 and its 200-day simple moving average is $425.48.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. During the same period last year, the firm posted $0.73 earnings per share. Tesla's revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, equities analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China-made EV deliveries jumped sharply, signaling a possible demand rebound in Tesla’s largest growth market — a near-term tailwind for revenue and utilization at Giga Shanghai. Tesla’s China-Made EV Sales Just Nearly Doubled
• Positive Sentiment: The UK regulator granted Tesla Energy Ventures a licence to sell electricity to households and businesses in Great Britain — expanding a recurring‑revenue energy business that diversifies Tesla beyond vehicle sales. Tesla's energy business wins approval to supply electricity in UK
• Positive Sentiment: FTC approval allows Tesla to convert its xAI investment into a small stake in SpaceX — a potential way to capture upside from a future SpaceX IPO and recycle capital toward core Tesla initiatives. Tesla Approved To Convert xAI Stakes Into SpaceX
• Neutral Sentiment: Elon Musk’s Macrohard AI initiative and Tesla’s increasing software focus could unlock high-margin services (robotaxi/agent revenue) but are unproven at scale and are already commanding more investor attention than monthly delivery data. Tesla Turns into A ‘Software-Killer’ With Macrohard
• Neutral Sentiment: Management says Optimus 3 will be released on an annual design cadence; robotics/Optimus progress is a medium‑term upside but execution timelines remain a major source of uncertainty. This Is Elon Musk's Latest Optimus 3 Production Timeline
• Negative Sentiment: Rivian’s R2 launch and mass-market push create renewed competitive pressure in the midsize SUV segment — a near-term risk to Tesla’s Model Y pricing and volume if Rivian executes on a lower‑priced, high‑volume ramp. Rivian Is About to Challenge Tesla Where It Hurts Most
• Negative Sentiment: Analyst and safety concerns: third‑party FSD metrics and at least one firm’s negative coverage highlight deteriorating disengagement/safety data — a material regulatory and litigation risk that can depress multiples and slow robotaxi commercialization. Tesla's FSD Safety Metrics 'Sharply Deteriorating,' Says Analyst
• Negative Sentiment: xAI leadership churn and reported layoffs raise governance and execution questions around Tesla’s broader AI strategy — investors may penalize near-term stock performance until the AI/robotics roadmap shows consistent progress. Musk ousts more xAI founders as AI coding effort falters, FT reports

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the business's stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the sale, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 87,995 shares of company stock worth $38,315,650 in the last three months. Insiders own 19.90% of the company's stock.

Tesla 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.

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