CCG Wealth Management LLC Has $2.02 Million Position in Tesla, Inc. $TSLA

Key Points

• CCG Wealth Management reduced its stake by 56.4% in Tesla, now owning 4,497 shares worth about $2.02 million, which represents roughly 0.9% of its portfolio and is its 18th largest holding.
• Tesla beat EPS estimates ($0.50 vs. $0.45) but revenue fell 3.1% year‑over‑year and Q1 deliveries missed consensus amid a record inventory build; the stock trades at a rich valuation (PE ~318) with a consensus "Hold" and a $400.44 average price target.
• Insiders have been net sellers—53,804 shares (~$20.9M) sold in the last 90 days—and bearish analyst pressure is rising (JPMorgan reiterated an Underweight/sell with a $145 target), even as product catalysts like FSD 14.3 and Model Y expansion offer upside.

CCG Wealth Management LLC reduced its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 56.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,497 shares of the electric vehicle producer's stock after selling 5,809 shares during the period. Tesla comprises approximately 0.9% of CCG Wealth Management LLC's investment portfolio, making the stock its 18th largest position. CCG Wealth Management LLC's holdings in Tesla were worth $2,022,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Turning Point Benefit Group Inc. bought a new position in shares of Tesla in the 3rd quarter valued at $30,000. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla during the 3rd quarter valued at $29,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of Tesla during the 3rd quarter valued at $31,000. First Community Trust NA acquired a new stake in shares of Tesla during the 4th quarter valued at $31,000. Finally, Westend Capital Management LLC acquired a new stake in shares of Tesla during the 3rd quarter valued at $32,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Stock Down 1.0%

Tesla stock opened at $343.25 on Thursday. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. Tesla, Inc. has a 12-month low of $222.79 and a 12-month high of $498.83. The firm's fifty day moving average is $395.97 and its 200 day moving average is $425.97. The company has a market capitalization of $1.29 trillion, a PE ratio of 317.82, a PEG ratio of 10.69 and a beta of 1.91.

Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the previous year, the company earned $0.73 EPS. Tesla's quarterly revenue was down 3.1% compared to the same quarter last year. As a group, sell-side analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla released Full Self-Driving (FSD) 14.3 (“Sentient”) this week, which sparked a rally and is being cited as a near-term product catalyst for revenue/upsell potential. Tesla Releases 'Sentient' FSD 14.3. The Stock Jumps.
• Positive Sentiment: Ark Invest/Cathie Wood purchased Tesla shares on the dip, providing visible institutional support and short-term buying interest. Cathie Wood Buys Tesla, TSLA Adds Robinhood
• Positive Sentiment: Tesla is expanding the Model Y L (six-seat variant) across multiple Asian markets, which could help regional sales as the company chases growth outside North America. Is Tesla's Model Y L Expansion Set to Boost Sales in Asia?
• Neutral Sentiment: Intel’s Terafab project names Tesla (and other Musk companies) as potential customers — a positive for long-term chip supply for EV/AI ambitions, but its impact on near-term auto cash flow and margins is uncertain. Intel teams up with SpaceX, Tesla and xAI on TeraFab project
• Negative Sentiment: Tesla’s Q1 deliveries missed expectations (358,023 vs. ~365,645 consensus) and the company reported a record inventory build, stoking demand concerns and direct selling pressure. What’s next for Tesla after a disappointing EV delivery report
• Negative Sentiment: JPMorgan reiterated an Underweight/sell viewpoint and a $145 price target (~60% downside), citing inventory, slowing EV market share and uncertainty that AI/robotics will replace near-term automotive earnings weakness. That bearish call is amplifying today’s weakness. Tesla (TSLA) down 20% in 2026 — JPMorgan sees another 60% downside
• Negative Sentiment: Analysts warn of a large free-cash-flow swing into negative territory for 2026 (reports cite a ~$43.9B swing), which raises financing and valuation questions if growth stalls. Tesla Faces $43.9 Billion Free Cash Flow Swing As 2026 Outlook Turns Negative

Insider Buying and Selling at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the company's stock in a transaction on Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the transaction, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. The trade was a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 53,804 shares of company stock worth $20,865,598. Corporate insiders own 19.90% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TSLA. Tigress Financial assumed coverage on Tesla in a report on Thursday, February 12th. They set a "buy" rating and a $550.00 price objective on the stock. Needham & Company LLC reissued a "hold" rating on shares of Tesla in a report on Thursday, January 29th. Truist Financial reduced their target price on shares of Tesla from $438.00 to $400.00 and set a "hold" rating on the stock in a report on Thursday, April 2nd. Wells Fargo & Company reduced their target price on shares of Tesla from $130.00 to $125.00 and set an "underweight" rating on the stock in a report on Thursday, January 29th. Finally, JPMorgan Chase & Co. reissued a "sell" rating on shares of Tesla in a report on Tuesday. Nineteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have given a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $400.44.

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.

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