MJP Associates Inc. ADV purchased a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 7,448 shares of the electric vehicle producer's stock, valued at approximately $3,133,000.
A number of other large investors also recently added to or reduced their stakes in TSLA. Marks Group Wealth Management Inc grew its position in shares of Tesla by 1.7% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer's stock valued at $680,000 after purchasing an additional 25 shares during the period. Clear Trail Advisors LLC raised its position in shares of Tesla by 1.6% during the 1st quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer's stock worth $605,000 after purchasing an additional 25 shares during the last quarter. Peirce Capital Management LLC lifted its stake in Tesla by 1.5% in the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer's stock valued at $697,000 after buying an additional 25 shares in the last quarter. Brio Consultants LLC boosted its holdings in Tesla by 4.7% in the 4th quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer's stock worth $259,000 after buying an additional 26 shares during the last quarter. Finally, Community Bank & Trust Waco Texas boosted its holdings in Tesla by 1.7% in the 4th quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer's stock worth $711,000 after buying an additional 26 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
TSLA has been the topic of several research reports. Cantor Fitzgerald restated an "overweight" rating and issued a $485.00 target price (down from $510.00) on shares of Tesla in a research report on Thursday, July 23rd. TD Cowen restated a "buy" rating on shares of Tesla in a report on Friday, August 14th. Roth Capital reaffirmed a "buy" rating and set a $505.00 target price on shares of Tesla in a report on Thursday, July 23rd. Glj Research reissued a "sell" rating on shares of Tesla in a research note on Tuesday, August 18th. Finally, Mizuho set a $450.00 price target on shares of Tesla and gave the stock an "outperform" rating in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $401.74.
Read Our Latest Analysis on Tesla
Insider Buying and Selling
In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction dated 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 transaction, 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 SEC, which is available through the SEC website. 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.
Tesla Stock Up 0.3%
Shares of NASDAQ:TSLA opened at $357.01 on Thursday. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The stock has a market cap of $1.41 trillion, a P/E ratio of 330.57, a PEG ratio of 17.98 and a beta of 1.84. The business has a fifty day moving average of $358.71 and a two-hundred day moving average of $383.59. 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 posted its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion for the quarter, compared to analysts' expectations of $26.42 billion. During the same quarter in the prior year, the firm earned $0.33 EPS. The firm's revenue was up 25.5% on a year-over-year basis. On average, research analysts expect that Tesla, Inc. will post 0.88 earnings per share for the current year.
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla's Cybercab Fleet Hits 45 Ahead of Austin Launch
- Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid
- Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order
- Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks
- Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla's China-made EV sales extend growth streak, but momentum fades
- Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla's FSD Faces Fresh Scrutiny After Fatal Illinois Crash
- Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago
Tesla Company Profile
(
Free Report)
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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