Bell & Brown Wealth Advisors LLC Buys Shares of 20,941 Tesla, Inc. $TSLA

Bell & Brown Wealth Advisors LLC purchased a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 20,941 shares of the electric vehicle producer's stock, valued at approximately $8,808,000. Tesla makes up about 2.7% of Bell & Brown Wealth Advisors LLC's investment portfolio, making the stock its 11th biggest position.

Several other hedge funds have also recently bought and sold shares of TSLA. Strategic Advisory Partners LLC acquired a new stake in shares of Tesla in the second quarter worth about $232,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Tesla in the second quarter worth $7,494,000. Portland Financial Advisors Inc bought a new stake in shares of Tesla during the 2nd quarter worth $204,000. United Bank bought a new position in Tesla in the 2nd quarter worth $638,000. Finally, Uptick Partners LLC acquired a new position in Tesla during the 2nd quarter worth $3,041,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla Stock Performance

NASDAQ TSLA opened at $357.01 on Thursday. The company has a 50 day moving average of $358.71 and a 200-day moving average of $383.59. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.41 trillion, a price-to-earnings ratio of 330.57, a PEG ratio of 17.98 and a beta of 1.84. 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 announced its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla's revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 earnings per share. On average, equities analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction 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 completion of the sale, the chief financial officer directly owned 22,039 shares of the company's stock, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company's stock.

Wall Street Analyst Weigh In

TSLA has been the subject of several recent analyst reports. Erste Group Bank upgraded Tesla from a "sell" rating to a "hold" rating in a research note on Friday, June 5th. Roth Capital reiterated a "buy" rating and set a $505.00 target price on shares of Tesla in a research note on Thursday, July 23rd. Truist Financial set a $370.00 price target on shares of Tesla and gave the stock a "hold" rating in a research report on Thursday, July 23rd. Weiss Ratings reiterated a "hold (c-)" rating on shares of Tesla in a research note on Tuesday, July 21st. Finally, Wells Fargo & Company reissued an "underweight" rating and set a $130.00 price objective (up from $125.00) on shares of Tesla in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $401.74.

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

Tesla 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.

Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source