Bank Hapoalim BM acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,125,788 shares of the electric vehicle producer's stock, valued at approximately $473,506,000. Tesla comprises approximately 31.5% of Bank Hapoalim BM's holdings, making the stock its largest position.
Other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Tesla during the 4th quarter worth approximately $17,128,100,000. Corient Private Wealth LLC raised its stake in 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 valued at $9,650,811,000 after acquiring an additional 20,810,386 shares during the period. Bank of America Corp DE boosted its holdings in 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 period. Cardano Risk Management B.V. grew its position in shares of Tesla by 882.8% in the fourth quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer's stock valued at $3,688,630,000 after purchasing an additional 7,367,507 shares in the last quarter. Finally, H&H International Investment LLC bought a new stake in shares of Tesla during the first quarter valued at about $1,267,259,000. Institutional investors own 66.20% of the company's stock.
Tesla Trading Down 1.7%
Tesla stock opened at $348.75 on Friday. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The firm has a market capitalization of $1.38 trillion, a price-to-earnings ratio of 322.92, a P/E/G ratio of 17.91 and a beta of 1.83. The firm has a 50 day moving average of $360.33 and a 200 day moving average of $385.15. 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 issued its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to analysts' expectations of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla'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, research analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current year.
Insider Buying and Selling at Tesla
In related news, CFO Vaibhav Taneja sold 2,606 shares of the company'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 completion of the transaction, the chief financial officer owned 22,039 shares of the company's stock, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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: Tesla is expanding its robotaxi operation beyond Austin and Miami, with longer service hours and a larger unsupervised fleet. State regulators have also approved permits for Tesla to operate robotaxis, supporting the company’s strategy to monetize autonomous driving. Tesla robotaxi expansion
- Positive Sentiment: Tesla is preparing an August Cybercab rollout beginning with employee rides, while Cybercab production has reportedly started. Investors view the vehicle and robotaxi network as potential long-term revenue opportunities not yet fully reflected in the stock. Cybercab rollout
- Positive Sentiment: Optimus humanoid robot production has reportedly begun at Tesla’s Fremont facility, and the company is installing additional robotics manufacturing lines. The development strengthens the long-term artificial-intelligence and automation narrative, although meaningful financial benefits may take time. Optimus production
- Positive Sentiment: Commercial truckmaker Einride expects to receive approximately 75 Tesla Semi trucks in 2026, with the remainder of its 500-truck order scheduled for 2027. The timeline provides evidence of commercial demand, though deliveries will be spread over several years. Einride Tesla Semi order
- Neutral Sentiment: Tesla announced a September 24 Semi event that could provide updates on autonomous trucking and production plans, making it a potential catalyst but offering no immediate earnings impact. Tesla Semi event
- Negative Sentiment: Tesla is voluntarily recalling about 3 million vehicles in China over door handles that may fail after severe crashes and inadequate driver-attention monitoring. The recall adds regulatory, cost and reputational risks to the company’s autonomy push. Tesla China recall
- Negative Sentiment: Criticism intensified after a vehicle using Tesla’s latest FSD software reportedly nearly drove into a train, renewing concerns about system reliability and the gap between supervised assistance and fully autonomous driving. Tesla FSD incident
- Negative Sentiment: Analysts and investors continue to question Tesla’s valuation because weak margins and traditional EV risks are not easily reconciled with a price-to-earnings ratio above 300. Toyota’s rising electrified-vehicle volume and broader EV competition further challenge Tesla’s automotive leadership.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on TSLA shares. Wells Fargo & Company reissued an "underweight" rating and set a $130.00 price objective (up from $125.00) on shares of Tesla in a research note on Tuesday, July 14th. Oppenheimer restated a "market perform" rating on shares of Tesla in a research report on Thursday, July 23rd. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research note on Thursday, July 23rd. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $485.00 price target (down from $510.00) on shares of Tesla in a research report on Thursday, July 23rd. Finally, UBS Group set a $460.00 target price on shares of Tesla in a research note on Thursday, July 23rd. One 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $401.74.
View Our Latest Research Report on Tesla
About Tesla
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Free Report)
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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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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