6,057 Tesla, Inc. $TSLA Shares Acquired by Vest Financial LLC

Key Points

• Vest Financial increased its Tesla stake by 12.7% in the third quarter, acquiring 6,057 additional shares for a total of 53,904 shares valued at approximately $19.1 million.
• Institutional investors own 66.2% of Tesla, while CFO Vaibhav Taneja sold 2,606 shares for roughly $938,500 to cover tax obligations related to vested equity awards.
• Tesla’s latest quarter modestly beat EPS expectations at $0.48 versus $0.45, but revenue was essentially flat year over year and operating income declined sharply. Shares traded down 3.1%, with analysts holding an overall “Hold” rating and an average price target of $408.61.

Vest Financial LLC raised its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 12.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 53,904 shares of the electric vehicle producer's stock after purchasing an additional 6,057 shares during the quarter. Vest Financial LLC's holdings in Tesla were worth $19,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its position in shares of Tesla by 2.4% during the 2nd quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer's stock valued at $49,402,312,000 after buying an additional 2,761,298 shares in the last quarter. Amundi grew its position in Tesla by 14.0% in the first quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer's stock worth $8,243,513,000 after acquiring an additional 2,727,141 shares in the last quarter. Legal & General Group Plc purchased a new position in Tesla in the second quarter worth $8,535,612,000. Bank of New York Mellon Corp bought a new position in Tesla in the second quarter valued at $6,083,630,000. Finally, Bamco Inc. NY increased its stake in Tesla by 5.0% in the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock valued at $5,267,911,000 after acquiring an additional 591,243 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer directly owned 25,972 shares of the company's stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The transaction 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.

Tesla Trading Down 3.1%

Shares of TSLA opened at $374.58 on Friday. The stock has a market capitalization of $1.48 trillion, a P/E ratio of 346.84, a PEG ratio of 24.54 and a beta of 1.92. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $363.41 and a two-hundred day simple moving average of $377.25.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.03. The firm had revenue of $28.05 billion for the quarter, compared to analysts' expectations of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.07%. The company's revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 earnings per share. On average, research analysts anticipate that Tesla, Inc. will post 0.71 EPS for the current year.

Key Stories 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

Wall Street Analysts Forecast Growth

TSLA has been the topic of a number of research reports. Roth Capital restated a "buy" rating and set a $505.00 price target on shares of Tesla in a research report on Thursday, July 23rd. Royal Bank Of Canada cut Tesla from an "outperform" rating to a "sector perform" rating in a report on Thursday. Barclays upgraded Tesla from a "negative" rating to an "outperform" rating in a research report on Monday. Guggenheim started coverage on Tesla in a research report on Monday, June 29th. They set a "neutral" rating on the stock. Finally, BMO Capital Markets started coverage on Tesla in a report on Monday, August 17th. They set an "outperform" rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, twenty have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Tesla has an average rating of "Hold" and an average target price of $408.61.

Tesla Profile

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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