Lighthouse Financial LLC Purchases 3,149 Shares of Tesla, Inc. $TSLA

Key Points

• Lighthouse Financial increased its Tesla position by 180.1% in the third quarter, acquiring 3,149 additional shares for a total of 4,897 shares valued at approximately $1.74 million.
• Institutional investors and hedge funds own 66.2% of Tesla, with several major firms—including Legal & General, Bank of New York Mellon, and Deutsche Bank—reporting sizable new positions.
• Tesla beat third-quarter earnings expectations, but revenue was essentially flat, automotive and energy revenue declined, and operating income fell sharply. Analysts remain divided, with an average “Hold” rating, while concerns include high valuation, reduced capital spending, and execution risks surrounding autonomy and robotics.

Lighthouse Financial LLC boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 180.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,897 shares of the electric vehicle producer's stock after acquiring an additional 3,149 shares during the period. Lighthouse Financial LLC's holdings in Tesla were worth $1,738,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of TSLA. Legal & General Group Plc acquired a new position in shares of Tesla during the second quarter worth $8,535,612,000. Bank of New York Mellon Corp purchased a new stake in shares of Tesla during the 2nd quarter valued at $6,083,630,000. Deutsche Bank AG acquired a new stake in shares of Tesla in the 2nd quarter worth $4,039,090,000. Canada Pension Plan Investment Board acquired a new stake in shares of Tesla in the 2nd quarter worth $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Tesla in the 2nd quarter worth $2,995,584,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
• Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
• Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
• Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
• Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
• Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
• Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
• Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.

Tesla Trading Down 0.6%

NASDAQ TSLA opened at $372.22 on Friday. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The company has a fifty day simple moving average of $364.01 and a two-hundred day simple moving average of $377.22. The company has a current ratio of 1.74, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.47 trillion, a P/E ratio of 409.04, a P/E/G ratio of 23.63 and a beta of 1.92.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. The firm had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The business's quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.50 earnings per share. On average, analysts forecast that Tesla, Inc. will post 0.71 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. DZ Bank upgraded Tesla from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. Jefferies Financial Group reiterated a "hold" rating and issued a $400.00 price target (up from $350.00) on shares of Tesla in a research note on Monday, October 12th. Wells Fargo & Company reissued a "buy" rating on shares of Tesla in a report on Thursday, October 1st. KeyCorp upgraded Tesla to a "sector weight" rating in a research note on Monday, September 28th. Finally, William Blair restated a "market perform" rating on shares of Tesla in a research note on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, twenty have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $408.61.

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction 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 completion of the transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at 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 company insiders.

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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