2,079 Shares in Tesla, Inc. $TSLA Bought by Kelman Lazarov Inc.

Key Points

• Kelman Lazarov Inc. bought 2,079 Tesla shares during the second quarter, valued at approximately $874,000. Institutional investors and hedge funds collectively own 66.2% of Tesla.
• Analyst sentiment is mixed, with ratings ranging from Strong Buy to Sell; MarketBeat reports a consensus rating of Hold and an average price target of $401.74.
• Tesla’s latest quarter showed revenue rising 25.5% year over year to $28.24 billion, but earnings per share of $0.33 fell short of the $0.50 consensus estimate. CFO Vaibhav Taneja also sold 2,606 shares to cover tax withholding obligations.

Kelman Lazarov Inc. bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,079 shares of the electric vehicle producer's stock, valued at approximately $874,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in Tesla during the 4th quarter worth about $17,128,100,000. Corient Private Wealth LLC increased its position 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 worth $9,650,811,000 after acquiring an additional 20,810,386 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Tesla during the second quarter valued at approximately $6,083,630,000. Deutsche Bank AG acquired a new stake in shares of Tesla during the second quarter valued at approximately $4,039,090,000. Finally, Bank of America Corp DE lifted its position in shares of Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer's stock valued at $9,334,211,000 after acquiring an additional 7,450,766 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Royal Bank Of Canada reiterated an "outperform" rating and set a $500.00 price objective on shares of Tesla in a research report on Tuesday, July 28th. BNP Paribas Exane lowered Tesla from a "hold" rating to an "underperform" rating in a report on Friday, June 5th. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research report on Thursday, July 23rd. Piper Sandler lowered their price target on Tesla from $500.00 to $450.00 and set an "overweight" rating on the stock in a report on Friday, July 24th. Finally, TD Cowen reissued a "buy" rating on shares of Tesla in a research note on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, nineteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $401.74.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 corporate insiders.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s planned Cybercab launch in Austin on September 3 remains the primary bullish catalyst. Texas records show a fleet of 45 purpose-built Cybercabs, alongside 269 Model Ys, suggesting Tesla is moving from concept demonstrations toward an operating robotaxi service. Tesla's Cybercab Fleet Hits 45 Ahead of Austin Launch
• Positive Sentiment: Tesla said its supervised Full Self-Driving system recorded 4.1 times fewer collisions than manually driven Tesla vehicles across five European countries. The data is intended to support broader European approval, which could expand FSD and future autonomous-driving revenue. Tesla touts European supervised self-driving safety data ahead of EU vote
• Positive Sentiment: Freight operator Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and all 500 trucks in its order by 2027. The timetable provides a clearer commercial-use case for Tesla’s heavy-duty EV program. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order
• Positive Sentiment: A U.S. policy aimed at securing the power grid may benefit Tesla’s energy-storage business, giving investors another potential growth avenue beyond vehicles and robotics. Tesla stock investors stand to gain from U.S. power grid
• Neutral Sentiment: August European registrations were mixed: France rose 279% and Denmark 104%, while Norway fell 79% and Portugal declined 36.5% despite overall light-EV registrations growing there. The uneven results reinforce uncertainty around Tesla’s demand trajectory. Tesla's European registrations mixed in August
• Neutral Sentiment: Tesla raised U.S. Cybertruck prices by $5,000, potentially supporting revenue per vehicle and margins, but the reversal of earlier price cuts also raises questions about demand elasticity.
• Negative Sentiment: Investors appear to be taking profits and reassessing whether Cybercab can justify Tesla’s roughly $1.4 trillion valuation. The stock’s elevated valuation leaves limited room for disappointment, while analysts continue to cite margin pressure and weak cash-flow trends.
• Negative Sentiment: Waymo is challenging Tesla’s “pure end-to-end” autonomy approach, arguing that a sensor mix is necessary for safety. Competition and regulatory scrutiny could slow Tesla’s robotaxi rollout. Waymo goes on offense ahead of Tesla's Cybercab launch
• Negative Sentiment: An Australian court may grant an independent expert access to Tesla’s internal engineering systems in an Autopilot-related class action, adding legal and disclosure risk. Australian judge floats giving court-appointed expert access to Tesla's engineering systems

Tesla Trading Down 3.2%

Shares of NASDAQ:TSLA opened at $356.09 on Wednesday. The firm has a fifty day moving average of $359.08 and a two-hundred day moving average of $384.01. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The firm has a market capitalization of $1.41 trillion, a P/E ratio of 329.72, a price-to-earnings-growth ratio of 18.58 and a beta of 1.84.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) 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 firm had revenue of $28.24 billion for the quarter, compared to analysts' expectations of $26.42 billion. During the same quarter in the prior year, the business posted $0.33 earnings per share. Tesla's revenue was up 25.5% on a year-over-year basis. On average, equities analysts expect that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Tesla Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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