Clear Harbor Asset Management LLC Makes New Investment in Tesla, Inc. $TSLA

Clear Harbor Asset Management LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 6,617 shares of the electric vehicle producer's stock, valued at approximately $2,783,000.

Several other large investors have also recently bought and sold shares of the stock. Turning Point Benefit Group Inc. acquired a new position in Tesla during the third quarter worth approximately $30,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of Tesla during the 3rd quarter valued at $31,000. Friedenthal Financial increased its position in Tesla by 66.7% in the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock valued at $28,000 after acquiring an additional 30 shares during the period. Chapman Financial Group LLC acquired a new position in shares of Tesla in the second quarter worth approximately $26,000. Finally, Harborfront Financial Group LLC bought a new position in shares of Tesla in the 2nd quarter worth about $34,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction dated 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 sale, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

Tesla Price Performance

Shares of Tesla stock opened at $354.08 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 cap of $1.40 trillion, a PE ratio of 327.85, a price-to-earnings-growth ratio of 19.00 and a beta of 1.84. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The company's fifty day simple moving average is $358.22 and its two-hundred day simple moving average is $383.10.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to analysts' expectations of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company's quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 EPS. As a group, equities analysts expect that Tesla, Inc. will post 0.88 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on TSLA shares. TD Cowen reiterated a "buy" rating on shares of Tesla in a report on Friday, August 14th. The Goldman Sachs Group assumed coverage on Tesla in a report on Friday, June 5th. They issued a "buy" rating for the company. Citigroup reiterated a "market perform" rating on shares of Tesla in a research report on Monday, August 24th. BMO Capital Markets started coverage on shares of Tesla in a research note on Monday, August 17th. They issued an "outperform" rating on the stock. Finally, Robert W. Baird set a $475.00 target price on shares of Tesla in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $401.74.

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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