Artemis Wealth Advisors LLC Invests $2.90 Million in Tesla, Inc. $TSLA

Key Points

• Artemis Wealth Advisors LLC acquired 6,000 Tesla shares worth approximately $2.90 million in the second quarter, making Tesla its 23rd-largest holding and representing about 0.3% of its portfolio.
• Analyst sentiment remains mixed: Tesla has an average “Hold” rating and a consensus price target of $401.74, with ratings ranging from Strong Buy to Sell.
• Tesla reported quarterly revenue of $28.24 billion, up 25.5% year over year, but missed earnings expectations with EPS of $0.33 versus the $0.50 consensus. The stock trades at a highly elevated valuation, including a price-to-earnings ratio of approximately 330.

Artemis Wealth Advisors LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,000 shares of the electric vehicle producer's stock, valued at approximately $2,903,000. Tesla accounts for approximately 0.3% of Artemis Wealth Advisors LLC's investment portfolio, making the stock its 23rd largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TSLA. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the second quarter worth about $26,000. Friedenthal Financial lifted its holdings in Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock worth $28,000 after buying an additional 30 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in Tesla in the 3rd quarter valued at approximately $30,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Tesla in the third quarter worth $31,000. Finally, Harborfront Financial Group LLC acquired a new position in shares of Tesla in the second quarter worth $34,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on TSLA. The Goldman Sachs Group assumed coverage on Tesla in a research report on Friday, June 5th. They issued a "buy" rating on the stock. JPMorgan Chase & Co. decreased their price target on shares of Tesla from $475.00 to $445.00 and set a "neutral" rating for the company in a research note on Thursday, July 23rd. Royal Bank Of Canada reissued an "outperform" rating and issued a $500.00 price objective on shares of Tesla in a research report on Tuesday, July 28th. Glj Research restated a "sell" rating on shares of Tesla in a research note on Tuesday, August 18th. Finally, BTIG Research lowered Tesla to a "neutral" rating in a research 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, nineteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $401.74.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares of the company's stock, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company's stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s planned Cybercab launch in Austin on September 3 remains the primary bullish catalyst. Texas records show a fleet of 45 purpose-built Cybercabs, alongside 269 Model Ys, suggesting Tesla is moving from concept demonstrations toward an operating robotaxi service. Tesla's Cybercab Fleet Hits 45 Ahead of Austin Launch
• Positive Sentiment: Tesla said its supervised Full Self-Driving system recorded 4.1 times fewer collisions than manually driven Tesla vehicles across five European countries. The data is intended to support broader European approval, which could expand FSD and future autonomous-driving revenue. Tesla touts European supervised self-driving safety data ahead of EU vote
• Positive Sentiment: Freight operator Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and all 500 trucks in its order by 2027. The timetable provides a clearer commercial-use case for Tesla’s heavy-duty EV program. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order
• Positive Sentiment: A U.S. policy aimed at securing the power grid may benefit Tesla’s energy-storage business, giving investors another potential growth avenue beyond vehicles and robotics. Tesla stock investors stand to gain from U.S. power grid
• Neutral Sentiment: August European registrations were mixed: France rose 279% and Denmark 104%, while Norway fell 79% and Portugal declined 36.5% despite overall light-EV registrations growing there. The uneven results reinforce uncertainty around Tesla’s demand trajectory. Tesla's European registrations mixed in August
• Neutral Sentiment: Tesla raised U.S. Cybertruck prices by $5,000, potentially supporting revenue per vehicle and margins, but the reversal of earlier price cuts also raises questions about demand elasticity.
• Negative Sentiment: Investors appear to be taking profits and reassessing whether Cybercab can justify Tesla’s roughly $1.4 trillion valuation. The stock’s elevated valuation leaves limited room for disappointment, while analysts continue to cite margin pressure and weak cash-flow trends.
• Negative Sentiment: Waymo is challenging Tesla’s “pure end-to-end” autonomy approach, arguing that a sensor mix is necessary for safety. Competition and regulatory scrutiny could slow Tesla’s robotaxi rollout. Waymo goes on offense ahead of Tesla's Cybercab launch
• Negative Sentiment: An Australian court may grant an independent expert access to Tesla’s internal engineering systems in an Autopilot-related class action, adding legal and disclosure risk. Australian judge floats giving court-appointed expert access to Tesla's engineering systems

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $356.09 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The company has a 50-day simple moving average of $359.08 and a 200-day simple moving average of $384.01. The stock has a market capitalization of $1.41 trillion, a price-to-earnings ratio of 329.72, a PEG ratio of 18.58 and a beta of 1.84.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same quarter last year, the firm earned $0.33 EPS. The business's revenue was up 25.5% on a year-over-year basis. On average, analysts predict that Tesla, Inc. will post 0.88 EPS for the current year.

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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