LaSalle St. Investment Advisors LLC Purchases New Stake in Tesla, Inc. $TSLA

LaSalle St. Investment Advisors LLC acquired a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,777 shares of the electric vehicle producer's stock, valued at approximately $2,850,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Chapman Financial Group LLC bought a new position in Tesla in the second quarter worth about $26,000. Friedenthal Financial raised its position in shares of Tesla by 66.7% during the 1st 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 period. Turning Point Benefit Group Inc. bought a new stake in shares of Tesla in the 3rd quarter worth approximately $30,000. Texas Capital Bancshares Inc TX acquired 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 worth $34,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on TSLA shares. BTIG Research cut Tesla to a "neutral" rating in a research note on Friday, June 5th. The Goldman Sachs Group started coverage on shares of Tesla in a research report on Friday, June 5th. They set a "buy" rating for the company. Piper Sandler cut their price objective on shares of Tesla from $500.00 to $450.00 and set an "overweight" rating on the stock in a research report on Friday, July 24th. UBS Group set a $460.00 target price on shares of Tesla in a research note on Thursday, July 23rd. Finally, Canaccord Genuity Group set a $410.00 target price on shares of Tesla and gave the stock a "buy" rating in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $401.74.

Tesla Trading Up 5.4%

NASDAQ:TSLA opened at $376.36 on Friday. The stock has a market cap of $1.49 trillion, a price-to-earnings 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, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The business has a fifty day moving average of $358.73 and a 200-day moving average of $383.30.

Tesla (NASDAQ:TSLA - Get Free Report) last released 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). The firm had revenue of $28.24 billion during 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%.The business's revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter last year, the company earned $0.33 earnings per share. Equities analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current year.

Tesla News Roundup

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

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business'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 value of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction 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 owned by corporate insiders.

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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