Formuepleje A S Makes New $6.16 Million Investment in Tesla, Inc. $TSLA

Key Points

• Formuepleje A S acquired 14,636 Tesla shares in the second quarter, valued at approximately $6.16 million. Institutional investors and hedge funds collectively own 66.2% of Tesla.
• Tesla reported quarterly revenue of $28.24 billion, exceeding estimates, but earnings per share of $0.33 missed the $0.50 consensus forecast. The stock traded near $356.58, with a market capitalization of roughly $1.41 trillion and a price-to-earnings ratio above 330.
• Analyst sentiment is mixed, with a consensus rating of “Hold” and an average price target of $414.68. Tesla also faces execution and regulatory risks surrounding autonomy, robotics, delayed products and Cybercab certification, while CFO Vaibhav Taneja sold shares to cover tax obligations.

Formuepleje A S acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 14,636 shares of the electric vehicle producer's stock, valued at approximately $6,156,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TSLA. HORAN Wealth LLC boosted its holdings in Tesla by 19.2% in the second quarter. HORAN Wealth LLC now owns 1,891 shares of the electric vehicle producer's stock valued at $795,000 after purchasing an additional 304 shares in the last quarter. Wellington Grp LLC raised its holdings in Tesla by 30.8% during the second quarter. Wellington Grp LLC now owns 12,241 shares of the electric vehicle producer's stock worth $5,149,000 after purchasing an additional 2,882 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Tesla during the 2nd quarter worth approximately $161,788,000. Carlson Financial Inc. lifted its position in shares of Tesla by 3.6% during the 2nd quarter. Carlson Financial Inc. now owns 19,118 shares of the electric vehicle producer's stock worth $8,041,000 after buying an additional 666 shares during the last quarter. Finally, Tanager Wealth Management LLP boosted its holdings in shares of Tesla by 29.3% in the 2nd quarter. Tanager Wealth Management LLP now owns 1,528 shares of the electric vehicle producer's stock valued at $643,000 after buying an additional 346 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Trading Down 0.7%

NASDAQ TSLA opened at $356.58 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. The firm has a market cap of $1.41 trillion, a PE ratio of 330.17, a P/E/G ratio of 18.12 and a beta of 1.84. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The firm's fifty day moving average is $351.57 and its two-hundred day moving average is $380.48.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results 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 for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla's quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter last year, the company posted $0.33 EPS. Analysts expect that Tesla, Inc. will post 0.88 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TSLA shares. Erste Group Bank upgraded shares of Tesla from a "sell" rating to a "hold" rating in a research note on Friday, June 5th. Evercore raised Tesla from a "hold" rating to an "outperform" rating in a report on Friday, June 5th. Jefferies Financial Group set a $400.00 target price on Tesla and gave the stock a "hold" rating in a research report on Monday, July 13th. UBS Group set a $460.00 target price on Tesla in a report on Thursday, July 23rd. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $485.00 target price (down from $510.00) on shares of Tesla in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $414.68.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding beyond autos: Pacific Gas & Electric selected the company for SHARE, a large virtual power plant connecting thousands of residential energy devices. The deal supports Tesla’s energy-storage and grid-services strategy, although investors may view its financial impact as modest initially. Tesla PG&E grid deal
• Positive Sentiment: Tesla reportedly regained roughly 52% of the U.S. EV market through August as Ford and GM reduced their EV efforts. However, Tesla’s own sales were still lower, meaning the share gain appears driven partly by weaker competition rather than accelerating demand. Tesla U.S. EV market share
• Positive Sentiment: Tesla established a Vietnamese subsidiary authorized to import, distribute and sell vehicles, creating a formal entry point into a growing Southeast Asian EV market and potentially diversifying sales beyond China. Tesla Vietnam expansion
• Positive Sentiment: Virtuix said Tesla placed repeat orders for its Omni One Enterprise systems for the Optimus humanoid-robot program, offering an outside indication that Tesla continues developing robotics applications. Elon Musk also says Optimus could ship to customers in 2027, though revenue remains speculative. Tesla Optimus shipment plans
• Neutral Sentiment: Tesla’s October 1 Roadster event is generating significant attention, with Musk hinting at unusually advanced or possible SpaceX-related technology. The reveal could become a catalyst, but the nine-year delay has made investors skeptical until production timing and specifications are demonstrated. Tesla Roadster reveal
• Negative Sentiment: U.S. regulators are questioning whether Tesla properly self-certified the steering-wheel-free Cybercab and whether the vehicle complies with safety standards. The National Highway Traffic Safety Administration wants answers by September 30, raising certification, launch-timing and liability risks. Cybercab certification investigation
• Negative Sentiment: Reports that Cybercab rides can take substantially longer because the vehicles avoid highways reinforce concerns that Tesla’s current robotaxi service is limited and not yet ready for rapid scaling. Commentary has also contrasted Tesla’s rollout with Waymo’s more established operations. Tesla Cybercab rollout
• Negative Sentiment: At a valuation above 300 times earnings, Tesla remains highly dependent on future autonomy, robotics and energy growth. Skepticism over delayed products, competition and execution makes the stock vulnerable when new announcements do not immediately translate into commercial results.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 19.90% of the company's stock.

About Tesla

Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.