1,966 Tesla, Inc. $TSLA Shares Acquired by Sound Income Strategies LLC

Key Points

• Sound Income Strategies increased its Tesla stake by 7.2% in the third quarter, acquiring 1,966 additional shares for a total of 29,109 shares valued at approximately $10.9 million. Institutional investors and hedge funds collectively own 66.2% of Tesla.
• Tesla shares opened at $382.70, with a $1.51 trillion market capitalization and a notably high P/E ratio of 354.36. The stock’s average analyst rating remains “Hold,” with an average price target of $412.19.
• Tesla’s latest quarterly results showed revenue of $28.24 billion, ahead of expectations, but adjusted earnings of $0.33 per share missed the $0.50 consensus estimate. Growth opportunities in China, AI, robotics and commercial vehicles are offset by profitability, valuation and uneven regional-demand concerns.

Sound Income Strategies LLC lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 7.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,109 shares of the electric vehicle producer's stock after acquiring an additional 1,966 shares during the quarter. Sound Income Strategies LLC's holdings in Tesla were worth $10,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Corient Private Wealth LLC grew its stake in shares of Tesla by 3,205.5% in the fourth 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 buying an additional 20,810,386 shares in the last quarter. Legal & General Group Plc acquired a new position in Tesla during the 2nd quarter worth approximately $8,535,612,000. Bank of New York Mellon Corp purchased a new position in Tesla in the 2nd quarter worth approximately $6,083,630,000. Deutsche Bank AG acquired a new stake in Tesla in the second quarter valued at approximately $4,039,090,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Tesla in the second quarter valued at approximately $3,144,509,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Price Performance

Shares of TSLA stock opened at $382.70 on Friday. The firm has a fifty day moving average of $355.61 and a two-hundred day moving average of $377.22. The firm has a market cap of $1.51 trillion, a P/E ratio of 354.36, a P/E/G ratio of 20.95 and a beta of 1.92. 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.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS 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 the consensus estimate of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%. The business's revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 EPS. As a group, research analysts anticipate that Tesla, Inc. will post 0.80 earnings per share for the current fiscal year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction that occurred 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 sale, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China production and European demand improved: Tesla sold 95,366 China-made Model 3 and Model Y vehicles in September, up 5% year over year and marking an 11th consecutive month of growth. European demand also reportedly continued to recover. Reuters article
• Positive Sentiment: AI and semiconductor ambitions supported the bullish narrative: Musk’s reported Tesla-SpaceX “Terafab” chip project could give Tesla more control over chips needed for robotics, autonomy, and energy businesses. Analysts including Dan Ives continue to view robotaxis, robotics, and software as potential long-term growth drivers. Dan Ives Tesla robotaxi article
• Positive Sentiment: Commercial vehicle opportunities are expanding: Tesla received a 50-truck Semi order from IMC Logistics and opened its first heavy-duty Megacharger site with Pilot, supporting the company’s efforts to build an electric freight ecosystem. Pilot and Tesla Megacharger announcement
• Neutral Sentiment: European FSD rebranding reduces regulatory friction but creates uncertainty: Tesla renamed “Full Self-Driving (Supervised)” to “Tesla Assisted Driving” in Europe after German regulatory pushback. The change may improve approval prospects, but it also highlights ongoing scrutiny and could weaken the value of Tesla’s established FSD branding. CNBC article
• Negative Sentiment: Profitability and valuation remain major risks: Analysts expect a double-digit profit decline in the upcoming report, while Tesla’s very high earnings multiple leaves limited room for disappointing margins or guidance. Commentary also points to heavy AI spending and pressure on automotive gross margins. Tesla earnings preview
• Negative Sentiment: China sales trends were mixed: September retail sales reportedly fell 9%, despite a 58% increase in Shanghai exports. This suggests regional demand remains uneven and that headline production or shipment growth may not fully translate into local deliveries. Benzinga China sales article

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Jefferies Financial Group set a $400.00 target price on shares of Tesla and gave the company a "hold" rating in a research note on Monday, July 13th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Tesla in a report on Tuesday, July 21st. Guggenheim initiated coverage on shares of Tesla in a research report on Monday, June 29th. They issued a "neutral" rating for the company. Canaccord Genuity Group set a $410.00 target price on Tesla and gave the company a "buy" rating in a research note on Thursday, July 23rd. Finally, UBS Group reiterated a "buy" rating and issued a $391.00 price target (up from $385.00) on shares of Tesla in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, seventeen have assigned a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat.com, Tesla presently has an average rating of "Hold" and an average target price of $412.19.

Tesla Company Profile

Tesla, Inc NASDAQ: TSLA designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla's energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.

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