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31,256 Shares in Tesla, Inc. $TSLA Bought by Van Hulzen Asset Management LLC

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Van Hulzen Asset Management LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 31,256 shares of the electric vehicle producer's stock, valued at approximately $13,146,000. Tesla makes up approximately 0.9% of Van Hulzen Asset Management LLC's investment portfolio, making the stock its 28th largest holding.

A number of other large investors have also recently made changes to their positions in TSLA. Turning Point Benefit Group Inc. acquired a new position in shares of Tesla during the third quarter worth $30,000. Texas Capital Bancshares Inc TX purchased a new position in shares of Tesla in the 3rd quarter valued at $31,000. Friedenthal Financial lifted its position in Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock valued at $28,000 after acquiring an additional 30 shares during the last quarter. Chapman Financial Group LLC purchased a new position in shares of Tesla during the second quarter worth about $26,000. Finally, Harborfront Financial Group LLC acquired a new stake in shares of Tesla during the second quarter worth about $34,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Citigroup reaffirmed a "market perform" rating on shares of Tesla in a research report on Monday, August 24th. The Goldman Sachs Group started coverage on shares of Tesla in a research report on Friday, June 5th. They issued a "buy" rating on the stock. Phillip Securities cut their target price on Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a research note on Wednesday, May 13th. William Blair reiterated a "market perform" rating on shares of Tesla in a research note on Thursday, July 2nd. Finally, Robert W. Baird set a $475.00 price target on Tesla in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $401.74.

Check Out Our Latest Stock Report on TSLA

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
  • Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
  • Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
  • Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
  • Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

Tesla Stock Performance

NASDAQ:TSLA opened at $354.08 on Monday. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The firm has a 50 day simple moving average of $358.22 and a 200-day simple moving average of $382.85. The firm has a market cap of $1.40 trillion, a PE ratio of 327.85, a P/E/G ratio of 17.88 and a beta of 1.84. 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 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company's revenue was up 25.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.33 earnings per share. On average, equities analysts expect that Tesla, Inc. will post 0.88 EPS for the current year.

Tesla Profile

(Free Report)

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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Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA - Free Report).

Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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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