Kinloch Capital LLC Buys Shares of 1,610 Tesla, Inc. $TSLA

Key Points

• Kinloch Capital initiated a Tesla position by purchasing 1,610 shares worth approximately $677,000 in the second quarter. Other hedge funds also added or increased holdings, with institutional investors owning 66.2% of Tesla’s stock.
• Analyst sentiment remains mixed: Tesla has an average “Hold” rating and a consensus price target of $401.74, despite several upgrades and buy ratings. JPMorgan lowered its target to $445 while maintaining a neutral view.
• Tesla reported quarterly revenue of $28.24 billion, up 25.5% year over year and above estimates, but earnings per share of $0.33 missed the $0.50 consensus. Shares trade at a very high P/E ratio of 327.85, while the company’s Cybercab rollout faces regulatory scrutiny and questions about commercialization.

Kinloch Capital LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,610 shares of the electric vehicle producer's stock, valued at approximately $677,000.

A number of other hedge funds also recently made changes to their positions in the stock. Chapman Financial Group LLC bought a new stake in shares of Tesla in the 2nd quarter worth approximately $26,000. Friedenthal Financial grew its stake in shares of Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock worth $28,000 after purchasing an additional 30 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new position in Tesla during the 3rd quarter valued at about $30,000. Texas Capital Bancshares Inc TX bought a new position in Tesla during the 3rd quarter valued at approximately $31,000. Finally, Harborfront Financial Group LLC bought a new position in Tesla during the 2nd quarter valued at approximately $34,000. 66.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

TSLA has been the topic of several research analyst reports. Royal Bank Of Canada reissued an "outperform" rating and set a $500.00 target price on shares of Tesla in a research note on Tuesday, July 28th. Canaccord Genuity Group set a $410.00 price target on Tesla and gave the stock a "buy" rating in a research note on Thursday, July 23rd. DZ Bank raised shares of Tesla from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Sanford C. Bernstein upgraded shares of Tesla from an "underperform" rating to an "outperform" rating in a report on Friday, June 5th. Finally, JPMorgan Chase & Co. cut their target price on shares of Tesla from $475.00 to $445.00 and set a "neutral" rating on the stock in a research note 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 assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $401.74.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $354.08 on Monday. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The firm has a 50-day moving average of $358.22 and a 200 day moving average of $382.85. The stock has a market cap of $1.40 trillion, a P/E ratio of 327.85, a price-to-earnings-growth ratio of 17.88 and a beta of 1.84.

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 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 the consensus estimate of $26.42 billion. During the same period in the prior year, the business posted $0.33 EPS. Tesla's revenue for the quarter was up 25.5% on a year-over-year basis. As a group, 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.

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.

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