719,861 Shares in Tesla, Inc. $TSLA Acquired by Prime Capital Management Co Ltd

Key Points

• Prime Capital Management bought a new stake of 719,861 shares of Tesla in the 3rd quarter (about $320.1M), making Tesla 38.5% of the firm's investment portfolio and its largest position.
• Tesla beat the quarter's EPS estimates ($0.50 vs. $0.45) while revenue fell 3.1% year‑over‑year to $24.90B; the stock carries a rich valuation with a market cap around $1.47 trillion and a P/E of 362.22.
• Insiders sold roughly 87,995 shares (≈$38.3M) over the last quarter even as institutional investors own 66.2% of the stock, with Vanguard and Capital World Investors among the largest holders; the consensus analyst rating is "Hold" with an average target of $406.84.

Prime Capital Management Co Ltd bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 719,861 shares of the electric vehicle producer's stock, valued at approximately $320,137,000. Tesla comprises 38.5% of Prime Capital Management Co Ltd's investment portfolio, making the stock its biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Tesla by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer's stock worth $112,241,237,000 after acquiring an additional 995,623 shares during the last quarter. Capital World Investors grew its position in Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer's stock worth $19,583,547,000 after acquiring an additional 2,403,019 shares in the last quarter. Norges Bank bought a new position in Tesla in the second quarter valued at $11,839,824,000. Legal & General Group Plc raised its position in Tesla by 5.9% during the second quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer's stock valued at $6,424,705,000 after purchasing an additional 1,134,678 shares in the last quarter. Finally, Amundi lifted its stake in Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock worth $6,374,284,000 after purchasing an additional 3,422,270 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock.

Tesla Stock Down 1.0%

Shares of Tesla stock opened at $391.20 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $498.83. The company's 50 day moving average price is $419.98 and its 200-day moving average price is $424.97. The stock has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 362.22, a P/E/G ratio of 11.68 and a beta of 1.89.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. The company had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm's revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.73 EPS. Equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director owned 577,031 shares of the company's stock, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 87,995 shares of company stock worth $38,315,650. 19.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a research report on Thursday, January 29th. Bank of America assumed coverage on Tesla in a research report on Wednesday, March 4th. They issued a "buy" rating and a $460.00 target price for the company. Mizuho set a $540.00 target price on Tesla and gave the stock an "outperform" rating in a research note on Thursday, January 29th. President Capital decreased their price target on shares of Tesla from $517.00 to $500.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $405.00 price objective on shares of Tesla in a report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $406.84.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China-made EV deliveries jumped sharply, signaling a possible demand rebound in Tesla’s largest growth market — a near-term tailwind for revenue and utilization at Giga Shanghai. Tesla’s China-Made EV Sales Just Nearly Doubled
• Positive Sentiment: The UK regulator granted Tesla Energy Ventures a licence to sell electricity to households and businesses in Great Britain — expanding a recurring‑revenue energy business that diversifies Tesla beyond vehicle sales. Tesla's energy business wins approval to supply electricity in UK
• Positive Sentiment: FTC approval allows Tesla to convert its xAI investment into a small stake in SpaceX — a potential way to capture upside from a future SpaceX IPO and recycle capital toward core Tesla initiatives. Tesla Approved To Convert xAI Stakes Into SpaceX
• Neutral Sentiment: Elon Musk’s Macrohard AI initiative and Tesla’s increasing software focus could unlock high-margin services (robotaxi/agent revenue) but are unproven at scale and are already commanding more investor attention than monthly delivery data. Tesla Turns into A ‘Software-Killer’ With Macrohard
• Neutral Sentiment: Management says Optimus 3 will be released on an annual design cadence; robotics/Optimus progress is a medium‑term upside but execution timelines remain a major source of uncertainty. This Is Elon Musk's Latest Optimus 3 Production Timeline
• Negative Sentiment: Rivian’s R2 launch and mass-market push create renewed competitive pressure in the midsize SUV segment — a near-term risk to Tesla’s Model Y pricing and volume if Rivian executes on a lower‑priced, high‑volume ramp. Rivian Is About to Challenge Tesla Where It Hurts Most
• Negative Sentiment: Analyst and safety concerns: third‑party FSD metrics and at least one firm’s negative coverage highlight deteriorating disengagement/safety data — a material regulatory and litigation risk that can depress multiples and slow robotaxi commercialization. Tesla's FSD Safety Metrics 'Sharply Deteriorating,' Says Analyst
• Negative Sentiment: xAI leadership churn and reported layoffs raise governance and execution questions around Tesla’s broader AI strategy — investors may penalize near-term stock performance until the AI/robotics roadmap shows consistent progress. Musk ousts more xAI founders as AI coding effort falters, FT reports

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.

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