EFG Asset Management Americas Corp. Trims Stock Position in Tesla, Inc. $TSLA

Key Points

• EFG Asset Management Americas cut its Tesla stake by 87.8% in Q3, selling 3,590 shares and leaving the firm with 497 shares valued at about $221,000.
• Insiders have been net sellers recently: CFO Vaibhav Taneja sold 2,264 shares and Director James R. Murdoch sold 60,000 shares, with insiders offloading roughly 87,995 shares (~$38.3M) in the last three months.
• Tesla reported a quarterly EPS beat ($0.50 vs. $0.45) but revenue fell 3.1% year‑over‑year; the stock trades at a high multiple (PE ~362) and carries an average analyst rating of "Hold" with a consensus target of $406.84.

EFG Asset Management Americas Corp. trimmed its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 87.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 497 shares of the electric vehicle producer's stock after selling 3,590 shares during the quarter. EFG Asset Management Americas Corp.'s holdings in Tesla were worth $221,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chapman Financial Group LLC purchased a new stake in shares of Tesla in the second quarter worth about $26,000. Manning & Napier Advisors LLC purchased a new position in Tesla during the third quarter valued at approximately $29,000. CoreFirst Bank & Trust acquired a new position in Tesla in the second quarter valued at approximately $30,000. Texas Capital Bancshares Inc TX purchased a new stake in Tesla in the 3rd quarter worth approximately $31,000. Finally, ESL Trust Services LLC boosted its position in Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock worth $32,000 after purchasing an additional 95 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the transaction, the chief financial officer owned 18,106 shares of the company's stock, valued at $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 87,995 shares of company stock valued at $38,315,650. 19.90% of the stock is owned by corporate insiders.

Tesla Stock Performance

NASDAQ:TSLA opened at $391.20 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The stock has a market capitalization of $1.47 trillion, a PE ratio of 362.22, a P/E/G ratio of 11.57 and a beta of 1.89. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. The company has a fifty day moving average of $419.98 and a two-hundred day moving average of $426.02.

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

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China-made EV deliveries jumped sharply, signaling a possible demand rebound in Tesla’s largest growth market — a near-term tailwind for revenue and utilization at Giga Shanghai. Tesla’s China-Made EV Sales Just Nearly Doubled
• Positive Sentiment: The UK regulator granted Tesla Energy Ventures a licence to sell electricity to households and businesses in Great Britain — expanding a recurring‑revenue energy business that diversifies Tesla beyond vehicle sales. Tesla's energy business wins approval to supply electricity in UK
• Positive Sentiment: FTC approval allows Tesla to convert its xAI investment into a small stake in SpaceX — a potential way to capture upside from a future SpaceX IPO and recycle capital toward core Tesla initiatives. Tesla Approved To Convert xAI Stakes Into SpaceX
• Neutral Sentiment: Elon Musk’s Macrohard AI initiative and Tesla’s increasing software focus could unlock high-margin services (robotaxi/agent revenue) but are unproven at scale and are already commanding more investor attention than monthly delivery data. Tesla Turns into A ‘Software-Killer’ With Macrohard
• Neutral Sentiment: Management says Optimus 3 will be released on an annual design cadence; robotics/Optimus progress is a medium‑term upside but execution timelines remain a major source of uncertainty. This Is Elon Musk's Latest Optimus 3 Production Timeline
• Negative Sentiment: Rivian’s R2 launch and mass-market push create renewed competitive pressure in the midsize SUV segment — a near-term risk to Tesla’s Model Y pricing and volume if Rivian executes on a lower‑priced, high‑volume ramp. Rivian Is About to Challenge Tesla Where It Hurts Most
• Negative Sentiment: Analyst and safety concerns: third‑party FSD metrics and at least one firm’s negative coverage highlight deteriorating disengagement/safety data — a material regulatory and litigation risk that can depress multiples and slow robotaxi commercialization. Tesla's FSD Safety Metrics 'Sharply Deteriorating,' Says Analyst
• Negative Sentiment: xAI leadership churn and reported layoffs raise governance and execution questions around Tesla’s broader AI strategy — investors may penalize near-term stock performance until the AI/robotics roadmap shows consistent progress. Musk ousts more xAI founders as AI coding effort falters, FT reports

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TSLA. China Renaissance lifted their target price on shares of Tesla from $380.00 to $382.00 and gave the company a "hold" rating in a report on Monday, February 2nd. Barclays restated a "neutral" rating on shares of Tesla in a research report on Wednesday, March 4th. Glj Research reiterated a "sell" rating on shares of Tesla in a research report on Thursday. Truist Financial lowered their target price on shares of Tesla from $439.00 to $438.00 and set a "hold" rating on the stock in a research note on Thursday, January 29th. Finally, Morgan Stanley set a $415.00 target price on Tesla and gave the company an "equal weight" rating in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have assigned a Sell rating to the company's stock. According to data from MarketBeat, Tesla currently has an average rating of "Hold" and a consensus price target of $406.84.

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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