Corient Private Wealth LP Has $386.97 Million Position in Tesla, Inc. $TSLA

Key Points

• Corient Private Wealth increased its Tesla stake by 7.2% in the second quarter, holding 920,984 shares valued at approximately $386.97 million. Institutional investors collectively own 66.2% of Tesla.
• Tesla’s growth narrative is centered on European Full Self-Driving expansion, Austin Cybercab robotaxi trials and AI-related initiatives such as Optimus and Grok.
• Wall Street maintains a consensus “Hold” rating with an average price target of $401.74. Tesla recently beat revenue estimates with $28.24 billion in quarterly revenue but missed earnings expectations, reporting $0.33 EPS versus $0.50 expected.

Corient Private Wealth LP lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 7.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 920,984 shares of the electric vehicle producer's stock after purchasing an additional 61,665 shares during the period. Corient Private Wealth LP's holdings in Tesla were worth $386,969,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Marks Group Wealth Management Inc increased its stake in Tesla by 1.7% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer's stock valued at $680,000 after purchasing an additional 25 shares in the last quarter. Clear Trail Advisors LLC raised its holdings in Tesla by 1.6% in the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer's stock worth $605,000 after purchasing an additional 25 shares during the period. Peirce Capital Management LLC boosted its position in shares of Tesla by 1.5% during the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer's stock worth $697,000 after purchasing an additional 25 shares in the last quarter. Brio Consultants LLC grew its holdings in shares of Tesla by 4.7% in the 4th quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer's stock valued at $259,000 after buying an additional 26 shares during the period. Finally, Community Bank & Trust Waco Texas grew its holdings in shares of Tesla by 1.7% in the 4th quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer's stock valued at $711,000 after buying an additional 26 shares during the period. 66.20% of the stock is owned by institutional investors.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European FSD expansion: Tesla’s supervised Full Self-Driving system received a regulatory green light in Slovenia, potentially supporting wider European deployment and additional high-margin software revenue. Tesla also cited safety data showing 4.1 times fewer collisions than manually driven Teslas in five European markets. Tesla FSD Supervised Gets Regulatory Green Light in Slovenia
• Positive Sentiment: Robotaxi opportunity: Tesla has begun limited paid Cybercab rides in Austin. Goldman Sachs believes the purpose-built vehicle could have a cost advantage in robotaxis, while Cathie Wood and other Tesla bulls continue to view autonomy, Optimus and AI as major long-term growth opportunities. Cybercab Could Transform Tesla, But Regulatory Risks Loom
• Positive Sentiment: AI ecosystem narrative: Investor interest remains focused on Tesla’s integration of FSD, Grok and the Optimus humanoid robot, as well as its indirect exposure to SpaceX. Supporters argue these businesses could eventually justify Tesla’s premium valuation. Cathie Wood Has Stuck With Tesla Through Repeated Missed Robotaxi Deadlines

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TSLA. HSBC reaffirmed a "hold" rating on shares of Tesla in a research note on Monday, June 15th. Robert W. Baird set a $475.00 price target on Tesla in a report on Monday, July 27th. Jefferies Financial Group set a $400.00 price target on Tesla and gave the stock a "hold" rating in a research report on Monday, July 13th. Sanford C. Bernstein upgraded Tesla from an "underperform" rating to an "outperform" rating in a report on Friday, June 5th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $500.00 price objective on shares of Tesla in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $401.74.

Tesla Price Performance

NASDAQ:TSLA opened at $354.08 on Tuesday. The stock has a 50-day simple moving average of $357.06 and a 200 day simple moving average of $382.45. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The company has a market cap of $1.40 trillion, a PE ratio of 327.85, a PEG ratio of 17.88 and a beta of 1.84. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS 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 firm had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the previous year, the firm posted $0.33 EPS. The company's revenue was up 25.5% on a year-over-year basis. On average, sell-side analysts expect that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

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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