CHICAGO TRUST Co NA Buys 1,842 Shares of Tesla, Inc. $TSLA

CHICAGO TRUST Co NA raised its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 56.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,094 shares of the electric vehicle producer's stock after buying an additional 1,842 shares during the quarter. CHICAGO TRUST Co NA's holdings in Tesla were worth $1,807,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Bamco Inc. NY boosted its position in shares of Tesla by 5.0% in the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock valued at $5,267,911,000 after acquiring an additional 591,243 shares during the period. One Plus One Wealth Management LLC acquired a new stake in shares of Tesla during the second quarter valued at about $1,009,000. Bessemer Group Inc. raised its stake in shares of Tesla by 23.6% during the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer's stock valued at $20,908,000 after acquiring an additional 10,747 shares during the last quarter. H&H International Investment LLC bought a new stake in shares of Tesla in the 1st quarter valued at about $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake in Tesla by 12.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer's stock worth $15,470,000 after purchasing an additional 4,806 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on TSLA shares. Needham & Company LLC reissued a "hold" rating on shares of Tesla in a research report on Thursday, October 22nd. Jefferies Financial Group upgraded shares of Tesla from a "hold" rating to a "buy" rating in a research note on Monday. Yorkville Ives began coverage on Tesla in a report on Wednesday, October 7th. They set an "outperform" rating and a $500.00 target price for the company. Citizens Jmp started coverage on shares of Tesla in a research note on Thursday, July 9th. They issued a "market perform" rating on the stock. Finally, Monness Crespi & Hardt initiated coverage on shares of Tesla in a research report on Monday. They set a "buy" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Tesla presently has a consensus rating of "Moderate Buy" and a consensus target price of $414.51.

Tesla Stock Performance

Shares of NASDAQ:TSLA opened at $399.81 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The company has a market cap of $1.58 trillion, a price-to-earnings ratio of 439.36, a price-to-earnings-growth ratio of 24.98 and a beta of 1.92. The company has a 50-day moving average price of $369.61 and a 200-day moving average price of $385.81.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The firm had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. During the same quarter in the prior year, the company earned $0.50 EPS. The business's revenue was down .2% compared to the same quarter last year. As a group, equities analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current year.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the transaction, the chief financial officer owned 25,972 shares of the company's stock, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 20.00% of the company's stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s robotaxi business continues to generate optimism. The company added a Quiet Mode to Model Y robotaxis after driverless miles reportedly increased eightfold, potentially improving passenger comfort and supporting broader adoption. Tesla Adds Sleep-Friendly Robotaxi Feature After Driverless Miles Surge Eightfold
• Positive Sentiment: Analysts and financial commentators pointed to Cybercab, robotaxis, Optimus and AI as potential growth engines that could create new revenue streams beyond vehicle sales. Tesla’s European registrations also reached a record in September, with the Model Y and Model 3 ranking first and second. Tesla Could Be About to Unlock a Brand-New Revenue Stream
• Positive Sentiment: Tesla generated $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion, suggesting some capital discipline despite continued investment in AI, robotics and autonomy. Tesla's Free Cash Flow Beat
• Neutral Sentiment: A possible Tesla-SpaceX merger remains a major source of speculative upside, but Bank of America warned that Chinese regulatory approval could be a significant obstacle, particularly because Tesla’s Shanghai operations could become linked to a U.S. defense contractor. Tesla-SpaceX Merger Could Face Regulatory Risk in China
• Negative Sentiment: A Seeking Alpha downgrade argued that Tesla’s valuation already discounts ambitious promises whose timelines continue to slip. Rising research and development spending for AI, Optimus and driverless vehicles is also pressuring operating profits. Tesla Paying Peak Multiples for Promises That Keep Slipping
• Negative Sentiment: Competition and execution concerns remain. Chinese rival XPeng promoted more commercially viable flying-car technology, Rivian is developing a competing autonomy strategy, and Tesla reportedly halted Cybertruck reservations and sales plans in Australia and New Zealand. Tesla Stock Falls as China Promotes Flying Cars

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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