Castle Rock Wealth Management LLC Has $2.10 Million Position in Tesla, Inc. $TSLA

Castle Rock Wealth Management LLC cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 38.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,943 shares of the electric vehicle producer's stock after selling 3,133 shares during the quarter. Castle Rock Wealth Management LLC's holdings in Tesla were worth $2,102,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Woodmont Investment Counsel LLC grew its stake in shares of Tesla by 1.2% in the 4th quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer's stock valued at $955,000 after buying an additional 25 shares during the period. Aspect Partners LLC raised its stake in Tesla by 12.5% during the 4th quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer's stock worth $101,000 after buying an additional 25 shares during the period. Human Investing LLC raised its stake in Tesla by 4.5% during the 4th quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer's stock worth $260,000 after buying an additional 25 shares during the period. SilverOak Wealth Management LLC boosted its holdings in Tesla by 2.3% in the fourth quarter. SilverOak Wealth Management LLC now owns 1,117 shares of the electric vehicle producer's stock worth $502,000 after acquiring an additional 25 shares in the last quarter. Finally, Boston Trust Walden Corp boosted its holdings in Tesla by 0.7% in the fourth quarter. Boston Trust Walden Corp now owns 3,385 shares of the electric vehicle producer's stock worth $1,522,000 after acquiring an additional 25 shares in the last quarter. 66.20% of the stock is owned by institutional investors.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: $16.8 billion Terafab investment: Tesla and SpaceX formally announced plans to build an advanced AI-chip factory in Texas. Management said approximately 25% of the computing capacity could support Tesla’s Optimus robots, while roughly 75% would serve AI spacecraft and other SpaceX-related needs. The project strengthens Tesla’s long-term robotics and AI narrative, although it also represents substantial capital spending. Reuters Terafab article
• Positive Sentiment: Growing energy-storage demand: SpaceX purchased approximately $295 million of Tesla Megapacks during the second quarter to support AI data centers. Tesla also began producing Megapack 3 batteries at a new Texas facility, providing evidence that its energy business may be expanding faster than its vehicle operations. CNBC Megapack article
• Positive Sentiment: Autonomy and FSD potential: Tesla is pursuing broader European deployment of Full Self-Driving, with approval votes reportedly expected in October or November. Regulatory progress could expand subscription revenue and support the company’s robotaxi valuation case. Barron's self-driving article
• Neutral Sentiment: Robotaxi expectations are being reset: Recent commentary suggests investors had focused heavily on fleet size and city count, while management may be lowering near-term expectations. Bullish investors view the pullback as a buying opportunity, but the reset could keep the stock volatile until Tesla demonstrates commercial scale.
• Negative Sentiment: China risk is increasing: Reports that Tesla could sell or close its China operations have raised concerns because analysts estimate China represents about 25% of Tesla’s value, including future Optimus and robotaxi opportunities. Losing the market could weaken growth prospects and Tesla’s competitive position against BYD. MarketBeat China article
• Negative Sentiment: Valuation and execution concerns remain: Tesla trades at a very high earnings multiple despite weak profitability, a recent quarterly EPS miss and sharply lower operating performance. Analysts and investors are questioning whether heavy AI, robotics and chip-factory spending will produce returns soon enough to justify the valuation.
• Negative Sentiment: Autonomy competition and legal exposure: Uber, Waymo and Amazon’s Zoox are advancing competing driverless-vehicle platforms, while Tesla is defending a self-driving patent dispute before the Supreme Court. These developments could slow Tesla’s path to robotaxi commercialization or increase regulatory and legal costs.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at $8,147,700. This represents a 14.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently commented on TSLA. Jefferies Financial Group set a $400.00 price objective on Tesla and gave the company a "hold" rating in a report on Monday, July 13th. Robert W. Baird set a $475.00 target price on Tesla in a report on Monday, July 27th. Cantor Fitzgerald reissued an "overweight" rating and issued a $485.00 price target (down from $510.00) on shares of Tesla in a research report on Thursday, July 23rd. HSBC restated a "hold" rating on shares of Tesla in a research note on Monday, June 15th. Finally, Wells Fargo & Company reaffirmed an "underweight" rating and issued a $130.00 price objective (up from $125.00) on shares of Tesla in a research note on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nineteen have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $401.74.

Tesla Trading Down 0.6%

NASDAQ TSLA opened at $319.53 on Friday. The stock has a market capitalization of $1.26 trillion, a price-to-earnings ratio of 295.86, a PEG ratio of 15.96 and a beta of 1.83. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The business's fifty day moving average is $380.90 and its 200-day moving average is $394.22.

Tesla (NASDAQ:TSLA - Get Free Report) last posted 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). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the previous year, the company posted $0.33 EPS. Tesla's quarterly revenue was up 25.5% compared to the same quarter last year. Equities research analysts predict that Tesla, Inc. will post 0.89 EPS for the current year.

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.

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