Asahi Life Asset Management CO. LTD. Buys New Stake in Tesla, Inc. $TSLA

Asahi Life Asset Management CO. LTD. bought a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,636 shares of the electric vehicle producer's stock, valued at approximately $1,950,000. Tesla accounts for approximately 1.1% of Asahi Life Asset Management CO. LTD.'s investment portfolio, making the stock its 24th biggest holding.

A number of other institutional investors have also modified their holdings of TSLA. Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla during the third quarter worth about $30,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Tesla in the third quarter valued at approximately $31,000. Friedenthal Financial increased its stake 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 during the period. Chapman Financial Group LLC purchased a new stake in Tesla during the 2nd quarter worth approximately $26,000. Finally, Harborfront Financial Group LLC acquired a new stake in shares of Tesla in the second quarter valued at $34,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on TSLA. Citigroup reissued a "market perform" rating on shares of Tesla in a research note on Monday, August 24th. Deutsche Bank Aktiengesellschaft set a $420.00 price objective on Tesla in a research report on Monday, July 27th. BNP Paribas Exane cut shares of Tesla from a "hold" rating to an "underperform" rating in a report on Friday, June 5th. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a research note on Thursday, July 23rd. Finally, Piper Sandler dropped their target price on Tesla from $500.00 to $450.00 and set an "overweight" rating on the stock in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $401.74.

Tesla Stock Up 0.3%

Shares of NASDAQ:TSLA opened at $357.01 on Thursday. The stock has a market cap of $1.41 trillion, a P/E ratio of 330.57, a P/E/G ratio of 17.98 and a beta of 1.84. The firm has a fifty day moving average price of $358.71 and a 200 day moving average price of $383.59. 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, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last posted 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 net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same quarter in the prior year, the firm posted $0.33 earnings per share. The company's revenue for the quarter was up 25.5% compared to the same quarter last year. Sell-side analysts predict that Tesla, Inc. will post 0.88 EPS for the current year.

Insider Buying and Selling 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 stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer 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 ownership of the stock. The transaction 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. Company insiders own 19.90% of the company's stock.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla's Cybercab Fleet Hits 45 Ahead of Austin Launch
• Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid
• Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order
• Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks
• Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla's China-made EV sales extend growth streak, but momentum fades
• Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla's FSD Faces Fresh Scrutiny After Fatal Illinois Crash
• Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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