Keebeck Wealth Management Makes New Investment in Tesla, Inc. $TSLA

Key Points

• Keebeck Wealth Management purchased 11,601 Tesla shares during the second quarter, valued at approximately $4.9 million. Several other institutional investors also initiated positions, with institutions collectively owning 66.2% of Tesla’s stock.
• Analyst sentiment is mixed: Tesla has an average “Hold” rating and an average price target of $401.74, despite 22 Buy ratings, 18 Holds and four Sell ratings.
• Tesla’s shares opened at $376.36, while the company reported quarterly revenue of $28.24 billion but missed earnings expectations. The stock’s valuation remains elevated, with a market capitalization of about $1.49 trillion and a P/E ratio above 348.

Keebeck Wealth Management purchased a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 11,601 shares of the electric vehicle producer's stock, valued at approximately $4,879,000.

Other institutional investors have also modified their holdings of the company. Blue Capital Inc. purchased a new stake in shares of Tesla in the 2nd quarter worth about $1,059,000. Keating Financial Advisory Services Inc. purchased a new position in Tesla in the second quarter valued at approximately $2,019,000. Patron Partners LLC acquired a new position in Tesla during the 2nd quarter worth approximately $1,062,000. OneAscent Wealth Management LLC purchased a new stake in Tesla during the 2nd quarter worth $535,000. Finally, OneAscent Family Office LLC bought a new stake in shares of Tesla in the second quarter worth $1,716,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on TSLA shares. The Goldman Sachs Group initiated coverage on shares of Tesla in a report on Friday, June 5th. They issued a "buy" rating on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of Tesla in a report on Tuesday, July 21st. Oppenheimer restated a "market perform" rating on shares of Tesla in a report on Thursday, July 23rd. BTIG Research cut shares of Tesla to a "neutral" rating in a report on Friday, June 5th. Finally, HSBC restated a "hold" rating on shares of Tesla in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $401.74.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Cybercab service expanded in Austin. Tesla has begun offering driverless rides in its purpose-built, two-seat Cybercab, which reportedly has no steering wheel or pedals. The launch provides a tangible demonstration of Elon Musk’s autonomy strategy and could support a future robotaxi network. Tesla Cybercabs Hit Austin Streets in Expansion of Robotaxi Service
• Positive Sentiment: Commercial ecosystem is beginning to form. Tesla is soliciting businesses interested in purchasing Cybercab fleets or supplying charging and other infrastructure, suggesting ambitions beyond operating a small pilot fleet. Tesla is asking people if they want to buy and run Cybercab fleets
• Positive Sentiment: Potential regulatory progress and product support. France has started testing Tesla’s Full Self-Driving technology, while the Model Y L reportedly received a better-than-expected EPA range rating. These developments could improve Tesla’s autonomy credibility and vehicle appeal. France starts tests on Tesla's self-driving tech
• Neutral Sentiment: The launch remains largely a promise until Tesla demonstrates scale. The Austin event was private and details on production volumes, pricing, operating economics and broad availability remain limited. Morgan Stanley has warned that a small initial fleet could disappoint investors.
• Negative Sentiment: Competition, safety and valuation risks remain substantial. Waymo is ahead in U.S. robotaxi operations, while Tesla’s FSD faces renewed scrutiny after a reported fatal Illinois crash. At roughly $1.49 trillion in market value and a very high earnings multiple, TSLA requires strong autonomous-vehicle execution to justify its valuation. Tesla keeps hyping robotaxis as its future
• Negative Sentiment: Core automotive and energy concerns persist. European sales were mixed, China sales growth slowed, Cybertruck demand has disappointed, and Tesla reportedly stopped taking Solar Roof orders. These issues reinforce investor concerns that the autonomy narrative is compensating for weaker established businesses.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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.

Tesla Stock Performance

TSLA opened at $376.36 on Friday. The business's 50-day simple moving average is $358.73 and its 200 day simple moving average is $383.30. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The firm has a market capitalization of $1.49 trillion, a PE ratio of 348.48, a PEG ratio of 18.02 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 quarterly earnings data 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). The company had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla's revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 earnings per share. As a group, sell-side analysts expect that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Tesla Company 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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