Element Pointe Advisors LLC Invests $1.12 Million in Tesla, Inc. $TSLA

Key Points

• Element Pointe Advisors acquired 2,653 Tesla shares worth approximately $1.12 million, while institutional investors and hedge funds collectively own 66.2% of the company.
• Wall Street’s consensus rating remains “Hold”, with an average price target of $401.74; analyst views range from a $130 bearish target to a $505 bullish target.
• Tesla’s latest quarter showed revenue growth of 25.5% year over year to $28.24 billion, but earnings of $0.33 per share missed estimates. CFO Vaibhav Taneja also sold shares to cover tax withholding obligations.

Element Pointe Advisors LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,653 shares of the electric vehicle producer's stock, valued at approximately $1,116,000.

Several other institutional investors also recently bought and sold shares of the company. State Street Corp boosted its position in shares of Tesla by 0.9% in the 4th quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer's stock worth $51,647,164,000 after purchasing an additional 1,080,085 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Tesla by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer's stock valued at $29,426,070,000 after acquiring an additional 375,946 shares in the last quarter. Norges Bank purchased a new position in shares of Tesla in the 4th quarter valued at approximately $17,128,100,000. Amundi boosted its stake in Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer's stock worth $8,243,513,000 after purchasing an additional 2,727,141 shares in the last quarter. Finally, Corient Private Wealth LLC grew its position in Tesla by 3,205.5% during the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer's stock worth $9,650,811,000 after purchasing an additional 20,810,386 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TSLA has been the topic of a number of recent analyst reports. UBS Group set a $460.00 price target on shares of Tesla in a research note on Thursday, July 23rd. Wells Fargo & Company reissued an "underweight" rating and set a $130.00 price objective (up from $125.00) on shares of Tesla in a report on Tuesday, July 14th. Robert W. Baird set a $475.00 target price on Tesla in a research report on Monday, July 27th. Roth Capital restated a "buy" rating and issued a $505.00 target price on shares of Tesla in a research note on Thursday, July 23rd. Finally, JPMorgan Chase & Co. lowered their price target on Tesla from $475.00 to $445.00 and set a "neutral" rating for the company in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, nineteen have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $401.74.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer owned 22,039 shares of the company's stock, valued at $8,864,085.80. This trade represents a 10.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 currently owned by company insiders.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Anticipation is building for Tesla’s Cybercab event in Austin, where the company is expected to showcase a two-seat autonomous vehicle without a steering wheel or pedals. Investors are treating the event as a potential catalyst for Tesla’s robotaxi strategy and future revenue growth. Tesla Cybercab launch article
• Positive Sentiment: Reports that Tesla has begun production of its Optimus humanoid robot, along with updates involving artificial intelligence and Grok, reinforced the bull case that Tesla is becoming more than an electric-vehicle manufacturer. Optimus and Grok updates
• Positive Sentiment: Tesla’s potential expansion of solar production with SpaceX and a reported large Texas chip-making facility added to optimism around its energy, computing and AI infrastructure ambitions. Texas chip facility report
• Positive Sentiment: Higher crude oil prices and renewed geopolitical concerns revived the possibility that expensive gasoline could improve consumer interest in electric vehicles. Tesla also plans to raise prices on certain Cybertruck models, potentially supporting revenue per vehicle. Oil prices and Tesla shares
• Neutral Sentiment: Speculation that Tesla could resume accepting Bitcoin payments resurfaced after Bitcoin mining reportedly surpassed Elon Musk’s earlier clean-energy threshold. No policy change has been confirmed, so the near-term stock impact is uncertain. Tesla Bitcoin payments report
• Negative Sentiment: Investors remain concerned that Tesla’s roughly $25 billion 2026 capital budget, including spending on Optimus and robotaxis, could pressure cash flow if commercialization is delayed. Analysts also warn that autonomy may become a commodity, limiting Tesla’s eventual market share and valuation upside. Tesla investment risks
• Negative Sentiment: A failed reported Robotaxi ride and Tesla’s decision to discontinue Solar Roof sales highlight execution and product-adoption risks, although the company is shifting toward conventional solar panels and energy storage. Tesla Solar Roof decision

Tesla Stock Up 5.5%

NASDAQ:TSLA opened at $367.95 on Tuesday. The firm has a market capitalization of $1.45 trillion, a P/E ratio of 340.70, a PEG ratio of 17.61 and a beta of 1.83. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The company's fifty day moving average price is $359.59 and its 200-day moving average price is $384.52. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. During the same quarter in the prior year, the firm earned $0.33 earnings per share. The company's revenue for the quarter was up 25.5% on a year-over-year basis. As a group, equities research analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current 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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