4,587 Tesla, Inc. $TSLA Shares Sold by Magnus Financial Group LLC

Key Points

• Magnus Financial Group reduced its Tesla stake by 16.5%, selling 4,587 shares during the third quarter and retaining 23,153 shares valued at approximately $8.2 million. Institutional investors and hedge funds collectively own 66.2% of Tesla.
• Analyst sentiment remains mixed, with Tesla receiving an average “Hold” rating and a consensus price target of $408.61; ratings range from “Strong Buy” to “Sell.”
• Tesla’s latest quarter slightly exceeded EPS expectations at $0.48 versus $0.45, but revenue was essentially flat year over year at $28.05 billion, while operating income and automotive revenue declined—raising concerns about the company’s lofty valuation and reliance on future growth initiatives.

Magnus Financial Group LLC lessened its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 16.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,153 shares of the electric vehicle producer's stock after selling 4,587 shares during the period. Magnus Financial Group LLC's holdings in Tesla were worth $8,215,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Momentous Wealth Management Inc. raised its holdings in shares of Tesla by 5.6% in the third quarter. Momentous Wealth Management Inc. now owns 752 shares of the electric vehicle producer's stock worth $267,000 after buying an additional 40 shares during the last quarter. Smith Shellnut Wilson LLC ADV lifted its stake in shares of Tesla by 2.2% during the third quarter. Smith Shellnut Wilson LLC ADV now owns 1,273 shares of the electric vehicle producer's stock worth $452,000 after buying an additional 28 shares during the period. Kings Path Partners LLC acquired a new stake in shares of Tesla during the third quarter worth $362,000. Income Insurance Ltd grew its holdings in shares of Tesla by 1.8% during the third quarter. Income Insurance Ltd now owns 8,923 shares of the electric vehicle producer's stock valued at $3,166,000 after buying an additional 160 shares during the last quarter. Finally, Guardian Partners Inc. grew its holdings in shares of Tesla by 9.2% during the third quarter. Guardian Partners Inc. now owns 593 shares of the electric vehicle producer's stock valued at $210,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock.

Analysts Set New Price Targets

TSLA has been the topic of several research reports. Tigress Financial started coverage on Tesla in a research report on Thursday. They issued a "buy" rating on the stock. Glj Research reaffirmed a "sell" rating on shares of Tesla in a research report on Thursday. William Blair reiterated a "market perform" rating on shares of Tesla in a research note on Thursday, July 2nd. Robert W. Baird set a $475.00 price target on Tesla in a research note on Monday, July 27th. Finally, BMO Capital Markets started coverage on Tesla in a report on Monday, August 17th. They issued an "outperform" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, twenty have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $408.61.

Tesla Stock Down 3.1%

Tesla stock opened at $374.58 on Friday. The firm has a market cap of $1.48 trillion, a price-to-earnings ratio of 529.41, a price-to-earnings-growth ratio of 24.54 and a beta of 1.92. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The business's 50-day moving average price is $363.41 and its 200 day moving average price is $377.25. 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 (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. Tesla had a return on equity of 3.07% and a net margin of 3.11%. The company had revenue of $28.05 billion during the quarter, compared to analysts' expectations of $28.06 billion. During the same period last year, the business earned $0.50 earnings per share. Tesla's quarterly revenue was down .2% on a year-over-year basis. As a group, sell-side analysts anticipate that Tesla, Inc. will post 0.71 earnings per share for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Earnings and cash flow beat expectations. Tesla reported adjusted EPS of $0.48 versus the $0.45 consensus estimate and generated approximately $1.5 billion in free cash flow. Vehicle deliveries stabilized, services revenue grew, and Tesla said it has delivered more than 10 million vehicles. Tesla Q3 results
• Positive Sentiment: Full Self-Driving adoption remains a key bull-case catalyst. More than 75% of North American deliveries included paid FSD subscriptions, with subscriptions reportedly rising 67% year over year. Supportive analysts view FSD, robotaxis, Optimus and Megapack as potential drivers of future software-like revenue. Tesla FSD subscriptions
• Positive Sentiment: Robotaxi and robotics expansion support long-term optionality. Tesla plans to expand its Cybercab service beyond Austin and has begun producing Optimus humanoid robots in Fremont. Several analysts raised targets, including Morgan Stanley to $410, JPMorgan to $430, Mizuho to $460 and RBC to $480. Tesla Cybercab expansion
• Neutral Sentiment: A potential SpaceX-Tesla merger remains the biggest speculative driver. Tesla and SpaceX formed independent committees to study a combination, which could unite AI, chips, robotics, energy, satellites and transportation assets. However, Musk is excluded from negotiations because of conflicts, requires approval from both boards and Tesla shareholders, and says a deal is not certain. Valuation, regulation, China operations and possible shareholder dilution remain major obstacles. Tesla-SpaceX merger talks
• Negative Sentiment: Core financial trends disappointed investors. Revenue was essentially flat year over year at about $28.05 billion, operating income fell 56%, and automotive revenue declined. Energy revenue also missed expectations, reinforcing concerns that Tesla’s current valuation depends heavily on unproven future businesses.
• Negative Sentiment: The 2026 capital-expenditure reduction raised strategic concerns. Tesla cut its planned 2026 CapEx to $20 billion from more than $25 billion. While this may protect near-term cash flow, investors questioned whether the pullback signals slower progress in AI infrastructure, robotaxis and Optimus. A broad Nasdaq technology selloff, renewed AI-spending doubts and higher oil prices added pressure. Tesla spending pullback

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares of the company's stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 owned by insiders.

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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