Ameritas Advisory Services LLC Boosts Stake in Tesla, Inc. $TSLA

Key Points

• Ameritas Advisory Services increased its Tesla stake by 63.9% in the second quarter, holding 62,866 shares valued at approximately $26.4 million. Institutional investors and hedge funds collectively own 66.2% of Tesla.
• Tesla’s latest quarterly revenue reached $28.24 billion, exceeding estimates, but adjusted earnings of $0.33 per share fell short of the $0.50 consensus forecast. CFO Vaibhav Taneja also sold shares to cover tax obligations related to vested equity awards.
• Analyst sentiment remains mixed, with Tesla carrying an average “Hold” rating and a $414.68 price target. The stock trades at a highly elevated valuation of roughly 330 times earnings amid optimism about autonomy, robotics and energy, alongside concerns about execution and regulatory risks.

Ameritas Advisory Services LLC lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 63.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 62,866 shares of the electric vehicle producer's stock after acquiring an additional 24,510 shares during the period. Ameritas Advisory Services LLC's holdings in Tesla were worth $26,441,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TSLA. Geode Capital Management LLC boosted its stake in Tesla by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer's stock worth $29,426,070,000 after buying an additional 375,946 shares during the last quarter. Norges Bank purchased a new stake in Tesla during the fourth quarter valued at about $17,128,100,000. Corient Private Wealth LLC increased its stake in Tesla by 3,205.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer's stock worth $9,650,811,000 after acquiring an additional 20,810,386 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Tesla by 5.5% in the 4th quarter. Legal & General Group Plc now owns 20,181,227 shares of the electric vehicle producer's stock worth $9,075,901,000 after purchasing an additional 1,043,213 shares during the period. Finally, Amundi lifted its stake in shares of Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer's stock valued at $8,243,513,000 after purchasing an additional 2,727,141 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock.

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction that occurred on 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 owned 25,972 shares of the company's stock, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding beyond autos: Pacific Gas & Electric selected the company for SHARE, a large virtual power plant connecting thousands of residential energy devices. The deal supports Tesla’s energy-storage and grid-services strategy, although investors may view its financial impact as modest initially. Tesla PG&E grid deal
• Positive Sentiment: Tesla reportedly regained roughly 52% of the U.S. EV market through August as Ford and GM reduced their EV efforts. However, Tesla’s own sales were still lower, meaning the share gain appears driven partly by weaker competition rather than accelerating demand. Tesla U.S. EV market share
• Positive Sentiment: Tesla established a Vietnamese subsidiary authorized to import, distribute and sell vehicles, creating a formal entry point into a growing Southeast Asian EV market and potentially diversifying sales beyond China. Tesla Vietnam expansion
• Positive Sentiment: Virtuix said Tesla placed repeat orders for its Omni One Enterprise systems for the Optimus humanoid-robot program, offering an outside indication that Tesla continues developing robotics applications. Elon Musk also says Optimus could ship to customers in 2027, though revenue remains speculative. Tesla Optimus shipment plans
• Neutral Sentiment: Tesla’s October 1 Roadster event is generating significant attention, with Musk hinting at unusually advanced or possible SpaceX-related technology. The reveal could become a catalyst, but the nine-year delay has made investors skeptical until production timing and specifications are demonstrated. Tesla Roadster reveal
• Negative Sentiment: U.S. regulators are questioning whether Tesla properly self-certified the steering-wheel-free Cybercab and whether the vehicle complies with safety standards. The National Highway Traffic Safety Administration wants answers by September 30, raising certification, launch-timing and liability risks. Cybercab certification investigation
• Negative Sentiment: Reports that Cybercab rides can take substantially longer because the vehicles avoid highways reinforce concerns that Tesla’s current robotaxi service is limited and not yet ready for rapid scaling. Commentary has also contrasted Tesla’s rollout with Waymo’s more established operations. Tesla Cybercab rollout
• Negative Sentiment: At a valuation above 300 times earnings, Tesla remains highly dependent on future autonomy, robotics and energy growth. Skepticism over delayed products, competition and execution makes the stock vulnerable when new announcements do not immediately translate into commercial results.

Tesla Stock Performance

TSLA stock opened at $356.58 on Wednesday. The stock's 50 day simple moving average is $351.57 and its 200 day simple moving average is $380.48. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The firm has a market cap of $1.41 trillion, a P/E ratio of 330.17, a P/E/G ratio of 18.12 and a beta of 1.84. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. The business's revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 EPS. As a group, equities research analysts predict that Tesla, Inc. will post 0.88 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Mizuho set a $450.00 price target on shares of Tesla and gave the company an "outperform" rating in a report on Thursday, July 23rd. Robert W. Baird set a $475.00 price objective on Tesla in a research note on Monday, July 27th. Roth Capital reaffirmed a "buy" rating and issued a $505.00 target price on shares of Tesla in a research report on Thursday, July 23rd. Sanford C. Bernstein upgraded Tesla from an "underperform" rating to an "outperform" rating in a research note on Friday, June 5th. Finally, BTIG Research downgraded Tesla to a "neutral" rating in a report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have issued a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat.com, Tesla presently has an average rating of "Hold" and an average price target of $414.68.

Tesla Company Profile

Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.

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