M3 Wealth Management LLC Invests $4.33 Million in Tesla, Inc. $TSLA

M3 Wealth Management LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 10,303 shares of the electric vehicle producer's stock, valued at approximately $4,333,000. Tesla accounts for approximately 2.8% of M3 Wealth Management LLC's investment portfolio, making the stock its 13th biggest position.

A number of other institutional investors have also recently bought and sold shares of the stock. Crestwood Advisors Group LLC grew its position in Tesla by 34.7% in the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer's stock worth $8,799,000 after acquiring an additional 5,039 shares in the last quarter. Private Capital Advisors Inc. raised its holdings in shares of 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 purchasing an additional 12,417 shares in the last quarter. Wealthquest Corp acquired a new stake in shares of Tesla in the 4th quarter valued at $1,035,000. Knights of Columbus Asset Advisors LLC boosted its holdings in Tesla by 34.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer's stock worth $28,998,000 after purchasing an additional 16,652 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co boosted its holdings in Tesla by 3.0% in the fourth quarter. Varma Mutual Pension Insurance Co now owns 404,023 shares of the electric vehicle producer's stock worth $181,697,000 after purchasing an additional 11,900 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock.

Tesla Trading Down 1.7%

Shares of NASDAQ:TSLA opened at $348.75 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. The stock's 50-day moving average is $360.33 and its 200-day moving average is $385.15. The company has a market cap of $1.38 trillion, a P/E ratio of 322.92, a P/E/G ratio of 17.61 and a beta of 1.83. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion for 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%.Tesla's revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.33 EPS. Equities research analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares of the company's stock, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 currently owned by company insiders.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding its robotaxi operation beyond Austin and Miami, with longer service hours and a larger unsupervised fleet. State regulators have also approved permits for Tesla to operate robotaxis, supporting the company’s strategy to monetize autonomous driving. Tesla robotaxi expansion
• Positive Sentiment: Tesla is preparing an August Cybercab rollout beginning with employee rides, while Cybercab production has reportedly started. Investors view the vehicle and robotaxi network as potential long-term revenue opportunities not yet fully reflected in the stock. Cybercab rollout
• Positive Sentiment: Optimus humanoid robot production has reportedly begun at Tesla’s Fremont facility, and the company is installing additional robotics manufacturing lines. The development strengthens the long-term artificial-intelligence and automation narrative, although meaningful financial benefits may take time. Optimus production
• Positive Sentiment: Commercial truckmaker Einride expects to receive approximately 75 Tesla Semi trucks in 2026, with the remainder of its 500-truck order scheduled for 2027. The timeline provides evidence of commercial demand, though deliveries will be spread over several years. Einride Tesla Semi order
• Neutral Sentiment: Tesla announced a September 24 Semi event that could provide updates on autonomous trucking and production plans, making it a potential catalyst but offering no immediate earnings impact. Tesla Semi event
• Negative Sentiment: Tesla is voluntarily recalling about 3 million vehicles in China over door handles that may fail after severe crashes and inadequate driver-attention monitoring. The recall adds regulatory, cost and reputational risks to the company’s autonomy push. Tesla China recall
• Negative Sentiment: Criticism intensified after a vehicle using Tesla’s latest FSD software reportedly nearly drove into a train, renewing concerns about system reliability and the gap between supervised assistance and fully autonomous driving. Tesla FSD incident
• Negative Sentiment: Analysts and investors continue to question Tesla’s valuation because weak margins and traditional EV risks are not easily reconciled with a price-to-earnings ratio above 300. Toyota’s rising electrified-vehicle volume and broader EV competition further challenge Tesla’s automotive leadership.

Analyst Upgrades and Downgrades

TSLA has been the topic of several recent research reports. Oppenheimer restated a "market perform" rating on shares of Tesla in a report on Thursday, July 23rd. Glj Research reissued a "sell" rating on shares of Tesla in a report on Tuesday, August 18th. Stifel Nicolaus set a $491.00 price objective on Tesla and gave the company a "buy" rating in a research note on Monday, August 3rd. Piper Sandler decreased their target price on Tesla from $500.00 to $450.00 and set an "overweight" rating for the company in a research report on Friday, July 24th. Finally, Truist Financial set a $370.00 price target on Tesla and gave the company a "hold" rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $401.74.

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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