Activest Wealth Management Trims Holdings in Tesla, Inc. $TSLA

Activest Wealth Management trimmed its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 25.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,809 shares of the electric vehicle producer's stock after selling 3,697 shares during the quarter. Tesla comprises about 0.9% of Activest Wealth Management's investment portfolio, making the stock its 15th biggest holding. Activest Wealth Management's holdings in Tesla were worth $4,546,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in shares of Tesla during the fourth quarter valued at approximately $17,128,100,000. Corient Private Wealth LLC boosted its position in shares of Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer's stock worth $9,650,811,000 after purchasing an additional 20,810,386 shares in the last quarter. Bank of America Corp DE grew its stake 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 worth $9,334,211,000 after buying an additional 7,450,766 shares during the last quarter. Cardano Risk Management B.V. grew its stake in shares of Tesla by 882.8% in the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer's stock worth $3,688,630,000 after buying an additional 7,367,507 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock valued at $116,443,762,000 after buying an additional 6,538,720 shares in the last quarter. Institutional investors own 66.20% of the company's stock.

Tesla Trading Down 0.9%

Tesla stock opened at $339.30 on Tuesday. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The business's fifty day moving average is $369.38 and its 200 day moving average is $389.21. The stock has a market capitalization of $1.34 trillion, a PE ratio of 314.17, a price-to-earnings-growth ratio of 17.28 and a beta of 1.83. 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 earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to analysts' expectations of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla's quarterly revenue was up 25.5% compared to the same quarter last year. During the same period last year, the firm posted $0.33 EPS. On average, sell-side analysts predict that Tesla, Inc. will post 0.88 EPS for the current year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly owned 22,039 shares of the company's stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of recent research reports. HSBC reiterated a "hold" rating on shares of Tesla in a research note on Monday, June 15th. UBS Group set a $460.00 price target on Tesla in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft set a $420.00 price target on Tesla in a research report on Monday, July 27th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $500.00 price target on shares of Tesla in a research note on Tuesday, July 28th. Finally, Truist Financial set a $370.00 price objective on shares of Tesla and gave the company a "hold" rating in a research report on Thursday, July 23rd. One equities research 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 issued a Sell rating to the company. Based on data from MarketBeat, Tesla presently has an average rating of "Hold" and an average price target of $401.74.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is preparing to launch its Cybercab robotaxi service in Austin, Texas, potentially beginning with employee rides this month. The rollout could provide an important real-world test of Tesla’s autonomous-driving strategy and create a new growth catalyst. Reuters Cybercab launch report
• Positive Sentiment: Reports and demonstrations indicated Tesla’s FSD Supervised system outperformed Rivian’s Autonomy+ in a real-road comparison, while Tesla’s AI chief promoted improvements in the upcoming FSD V14. These developments support the company’s long-term robotaxi and AI narrative. Tesla-Rivian self-driving test
• Positive Sentiment: Tesla’s possible flying Roadster unveiling and continued association with SpaceX are attracting investor attention and could reinforce enthusiasm around future mobility, although neither is yet a material operating business. Flying Roadster report
• Neutral Sentiment: Wall Street remains sharply divided, with Tesla’s recent record deliveries and revenue growth competing with weaker earnings quality. ARK Invest’s reported purchases of approximately 450,000 shares offer some technical support but do not resolve the fundamental debate.
• Negative Sentiment: Investors remain concerned that operating profit and free cash flow are deteriorating despite strong revenue and deliveries. Tesla’s valuation—supported heavily by future AI and robotaxi growth—leaves limited room for execution setbacks. Tesla profitability analysis
• Negative Sentiment: BYD continues to lead Tesla in the global EV market, while reports of another FSD issue and criticism of Tesla’s camera-only autonomy approach raise questions about safety, regulatory approval, and the timing of robotaxi monetization. FSD setback report

About Tesla

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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