Lombard Odier Asset Management Europe Ltd Purchases 38,629 Shares of Tesla, Inc. $TSLA

Key Points

• Lombard Odier Asset Management Europe increased its Tesla stake by 467.2% in the second quarter, purchasing 38,629 shares and bringing its holdings to 46,897 shares valued at approximately $19.7 million. Institutional investors collectively own 66.2% of Tesla.
• Tesla’s growth outlook is centered on its Cybercab robotaxi rollout and expanding supervised Full Self-Driving approvals, but analysts remain divided as regulatory scrutiny, weaker Chinese sales and uncertain robotaxi economics pose risks.
• The stock trades at a demanding valuation, with a price-to-earnings ratio above 340, while the latest quarterly results missed EPS expectations despite 25.5% year-over-year revenue growth. Wall Street’s consensus rating is Hold, with an average price target of $401.74.

Lombard Odier Asset Management Europe Ltd lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 467.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,897 shares of the electric vehicle producer's stock after buying an additional 38,629 shares during the period. Lombard Odier Asset Management Europe Ltd's holdings in Tesla were worth $19,725,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of TSLA. Bamco Inc. NY grew its stake in shares of Tesla by 5.0% during the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock valued at $5,267,911,000 after buying an additional 591,243 shares during the last quarter. Wealthquest Corp bought a new stake in shares of Tesla in the 4th quarter valued at about $1,035,000. Private Capital Advisors Inc. boosted its holdings in Tesla by 139.3% during the 4th quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer's stock valued at $9,593,000 after acquiring an additional 12,417 shares during the period. Knights of Columbus Asset Advisors LLC grew its position in Tesla by 34.8% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer's stock worth $28,998,000 after acquiring an additional 16,652 shares during the last quarter. Finally, Canada Post Corp Registered Pension Plan grew its position in Tesla by 26.6% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 70,955 shares of the electric vehicle producer's stock worth $31,910,000 after acquiring an additional 14,900 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Cybercab rollout remains the primary bullish catalyst. The company has added 45 vehicles to its Austin fleet, while CEO Elon Musk says the redesigned manufacturing process could produce Cybercabs more than five times faster. Lower operating costs could help Tesla compete with Waymo and Uber if the technology scales. 45 Tesla Cybercabs Are Now Roaming Austin
• Positive Sentiment: Slovenia approved Tesla’s supervised Full Self-Driving system, making it the sixth European country to do so. Investors view the approval as a possible step toward an EU-wide authorization and additional software subscription revenue. A potential European launch of Cybercab is also supporting the long-term growth narrative. Slovenia clears Tesla’s FSD driver assistance
• Positive Sentiment: Goldman Sachs estimates Tesla’s Cybercab could operate at a cost advantage of as much as $0.30 per mile versus rival autonomous vehicles if Tesla reaches its targeted production costs, strengthening the potential economics of a large robotaxi network. Tesla Cybercab Could Beat Waymo on Cost
• Neutral Sentiment: Analysts continue to debate whether Tesla can become a successful robotaxi platform or whether Waymo’s operational experience and sensor-heavy approach give it an advantage. The Cybercab’s early fares have varied widely versus Uber, highlighting that the commercial model is not yet proven. Tesla versus Alphabet’s Waymo
• Negative Sentiment: Tesla’s China sales continue to weaken. August domestic sales declined, and the company is offering cash incentives through September 30, suggesting persistent competitive and demand pressure in the world’s largest EV market. Strong exports provide some offset but do not resolve the underlying weakness. Tesla Sales in China Continue Negative Streak
• Negative Sentiment: Regulatory scrutiny remains a major risk. The National Highway Traffic Safety Administration is examining certification and technical data related to nearly 1,000 driverless Cybercabs, raising questions about Tesla’s ability to expand the service quickly and safely. Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
• Negative Sentiment: Some investors remain bearish because Tesla’s valuation is demanding relative to its modest profitability and slowing core auto business. With a very high earnings multiple, the stock is particularly dependent on successful execution of FSD, robotaxis and other future businesses.

Tesla Stock Performance

Shares of TSLA stock opened at $367.81 on Thursday. The firm has a market capitalization of $1.45 trillion, a price-to-earnings ratio of 340.57, a PEG ratio of 18.59 and a beta of 1.84. The stock has a fifty day moving average of $354.87 and a 200 day moving average of $381.84. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) 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 company had revenue of $28.24 billion for the quarter, compared to analysts' expectations of $26.42 billion. During the same period in the previous year, the firm posted $0.33 earnings per share. The firm's revenue for the quarter was up 25.5% compared to the same quarter last year. As a group, research analysts expect that Tesla, Inc. will post 0.88 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. William Blair reissued a "market perform" rating on shares of Tesla in a research note on Thursday, July 2nd. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research note on Thursday, July 23rd. Evercore upgraded shares of Tesla from a "hold" rating to an "outperform" rating in a report on Friday, June 5th. Phillip Securities dropped their price target on shares of Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a research report on Wednesday, May 13th. Finally, TD Cowen reissued a "buy" rating on shares of Tesla in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $401.74.

Tesla Profile

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.

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