Magnolia Capital Advisors LLC Invests $2.03 Million in Tesla, Inc. $TSLA

Key Points

• Magnolia Capital Advisors initiated a Tesla position worth approximately $2.03 million, purchasing 4,817 shares in the second quarter. Institutional investors collectively own 66.2% of Tesla’s outstanding stock.
• 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 consensus by $0.17. The stock opened at $354.08, with a market capitalization of about $1.40 trillion and a P/E ratio above 327.
• Wall Street’s consensus rating is “Hold”, with an average price target of $401.74. Analyst views remain mixed, ranging from a $130 price target and “underweight” rating to “buy” ratings with targets as high as $491.

Magnolia Capital Advisors LLC bought a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,817 shares of the electric vehicle producer's stock, valued at approximately $2,026,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Tesla during the fourth quarter valued at approximately $17,128,100,000. Corient Private Wealth LLC boosted its stake in Tesla by 3,205.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer's stock worth $9,650,811,000 after buying an additional 20,810,386 shares in the last quarter. Legal & General Group Plc acquired a new stake in Tesla during the second quarter worth $8,535,612,000. Bank of New York Mellon Corp bought a new stake in Tesla in the 2nd quarter valued at $6,083,630,000. Finally, Deutsche Bank AG acquired a new position in shares of Tesla in the 2nd quarter valued at $4,039,090,000. 66.20% of the stock is currently owned by institutional investors.

Tesla Price Performance

Tesla stock opened at $354.08 on Tuesday. The business's fifty day moving average is $357.06 and its two-hundred day moving average is $382.45. 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 firm has a market cap of $1.40 trillion, a P/E ratio of 327.85, a P/E/G ratio of 17.88 and a beta of 1.84. 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 issued its quarterly 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 company had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same period in the prior year, the business earned $0.33 EPS. The business's revenue for the quarter was up 25.5% on a year-over-year basis. Equities research analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TSLA. BMO Capital Markets assumed coverage on shares of Tesla in a research report on Monday, August 17th. They set an "outperform" rating on the stock. BTIG Research lowered shares of Tesla to a "neutral" rating in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft set a $420.00 price target on shares of Tesla in a research note on Monday, July 27th. Stifel Nicolaus set a $491.00 price target on Tesla and gave the company a "buy" rating in a research report on Monday, August 3rd. Finally, Wells Fargo & Company reiterated an "underweight" rating and set a $130.00 price objective (up from $125.00) on shares of Tesla in a research note on Tuesday, July 14th. One equities 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 assigned a Sell rating to the company. Based on data from MarketBeat, Tesla presently has an average rating of "Hold" and a consensus price target of $401.74.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European FSD expansion: Tesla’s supervised Full Self-Driving system received a regulatory green light in Slovenia, potentially supporting wider European deployment and additional high-margin software revenue. Tesla also cited safety data showing 4.1 times fewer collisions than manually driven Teslas in five European markets. Tesla FSD Supervised Gets Regulatory Green Light in Slovenia
• Positive Sentiment: Robotaxi opportunity: Tesla has begun limited paid Cybercab rides in Austin. Goldman Sachs believes the purpose-built vehicle could have a cost advantage in robotaxis, while Cathie Wood and other Tesla bulls continue to view autonomy, Optimus and AI as major long-term growth opportunities. Cybercab Could Transform Tesla, But Regulatory Risks Loom
• Positive Sentiment: AI ecosystem narrative: Investor interest remains focused on Tesla’s integration of FSD, Grok and the Optimus humanoid robot, as well as its indirect exposure to SpaceX. Supporters argue these businesses could eventually justify Tesla’s premium valuation. Cathie Wood Has Stuck With Tesla Through Repeated Missed Robotaxi Deadlines

About Tesla

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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