1,900 Shares in Tesla, Inc. $TSLA Purchased by EMC Capital Management

EMC Capital Management acquired a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,900 shares of the electric vehicle producer's stock, valued at approximately $799,000. Tesla accounts for 0.3% of EMC Capital Management's portfolio, making the stock its 21st largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Norges Bank bought a new position in Tesla in the 4th quarter worth approximately $17,128,100,000. Corient Private Wealth LLC raised its holdings in Tesla by 3,205.5% during the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer's stock valued at $9,650,811,000 after acquiring an additional 20,810,386 shares during the period. Legal & General Group Plc purchased a new stake in shares of Tesla during the second quarter worth $8,535,612,000. Bank of New York Mellon Corp bought a new position in shares of Tesla in the second quarter worth $6,083,630,000. Finally, Deutsche Bank AG bought a new position in shares of Tesla in the second quarter worth $4,039,090,000. Institutional investors own 66.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on TSLA shares. Roth Capital reiterated a "buy" rating and set a $505.00 price objective on shares of Tesla in a research note on Thursday, July 23rd. JPMorgan Chase & Co. reduced their target price on Tesla from $475.00 to $445.00 and set a "neutral" rating for the company in a report on Thursday, July 23rd. Evercore raised shares of Tesla from a "hold" rating to an "outperform" rating in a research note on Friday, June 5th. Erste Group Bank raised shares of Tesla from a "sell" rating to a "hold" rating in a report on Friday, June 5th. Finally, Jefferies Financial Group set a $400.00 target price on shares of Tesla and gave the stock a "hold" rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $401.74.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business'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 owned 25,972 shares in the company, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 currently owned by company insiders.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla confirmed that its long-delayed Semi electric truck will enter Europe, with customer deliveries expected to begin in 2027. Morgan Stanley argues that high diesel prices could improve the economics of electric heavy-duty trucks and create a large new market for Tesla. Tesla eyes European freight market with long-delayed Semi truck
• Positive Sentiment: The Semi announcement strengthens Tesla’s longer-term growth narrative beyond passenger vehicles. Investors are also focused on possible future catalysts from robotaxis, Full Self-Driving software and Optimus robotics, although these businesses have yet to demonstrate large-scale profitability. How Tesla could transform trucking
• Neutral Sentiment: Tesla’s Cybercab pilot in Austin and recent Optimus demonstrations are sustaining investor interest in artificial intelligence and autonomous services. However, analysts and investors continue to debate whether Tesla can scale robotaxis profitably and compete with Waymo. Tesla opinions on Optimus and robotaxi innovations
• Negative Sentiment: China remains a significant pressure point. Tesla’s August sales reportedly fell about 26% year over year despite the launch of the Model Y Performance, marking another monthly decline amid intense competition from BYD and other domestic manufacturers. Tesla launches Model Y Performance in China
• Negative Sentiment: House lawmakers are seeking federal action after videos appeared to show drivers asleep while using Autopilot or Full Self-Driving. Additional scrutiny could slow autonomous-service expansion and increase legal, regulatory and reputational risks. House Democrat urges US action over sleeping Tesla drivers
• Negative Sentiment: Investors remain concerned about Tesla’s valuation and profitability: operating margins have reportedly fallen to 1.4%, free cash flow turned negative, and China discounts could support deliveries while further reducing margins. The stock’s premium valuation leaves limited room for execution disappointments.
• Neutral Sentiment: CFO Vaibhav Taneja sold shares to cover tax withholding on vested equity awards. While the transaction may attract attention, it was not described as a discretionary investment sale and therefore provides limited insight into management’s outlook. Vaibhav Taneja sells Tesla shares

Tesla Price Performance

Shares of Tesla stock opened at $365.44 on Friday. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The stock has a market capitalization of $1.44 trillion, a price-to-earnings ratio of 338.37, a price-to-earnings-growth ratio of 18.36 and a beta of 1.84. The company has a fifty day moving average of $353.71 and a 200-day moving average of $381.39. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same period in the prior year, the firm earned $0.33 earnings per share. The business's revenue for the quarter was up 25.5% on a year-over-year basis. Equities research analysts expect that Tesla, Inc. will post 0.88 EPS for the current year.

Tesla Company Profile

Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.

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