Nan Shan Life Insurance Co. Ltd. Boosts Holdings in Tesla, Inc. $TSLA

Nan Shan Life Insurance Co. Ltd. increased its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 323.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,422 shares of the electric vehicle producer's stock after acquiring an additional 27,827 shares during the quarter. Nan Shan Life Insurance Co. Ltd.'s holdings in Tesla were worth $15,319,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Tesla during the 4th quarter valued at $17,128,100,000. Corient Private Wealth LLC raised its holdings 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 valued at $9,650,811,000 after acquiring an additional 20,810,386 shares during the period. Legal & General Group Plc purchased a new position in shares of Tesla in the second quarter valued at about $8,535,612,000. Bank of New York Mellon Corp bought a new position in shares of Tesla in the second quarter worth about $6,083,630,000. Finally, Deutsche Bank AG bought a new stake in Tesla during the 2nd quarter valued at approximately $4,039,090,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Insiders Place Their Bets

In other Tesla 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 sale, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Price Performance

NASDAQ:TSLA opened at $365.44 on Friday. The firm has a market cap of $1.44 trillion, a price-to-earnings ratio of 338.37, a price-to-earnings-growth ratio of 18.36 and a beta of 1.84. The company has a 50 day moving average price of $353.71 and a 200-day moving average price of $381.39. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 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 business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same quarter in the previous year, the company posted $0.33 EPS. The firm's revenue was up 25.5% on a year-over-year basis. Equities research analysts forecast that Tesla, Inc. will post 0.88 EPS for the current year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla confirmed that its long-delayed Semi electric truck will enter Europe, with customer deliveries expected to begin in 2027. Morgan Stanley argues that high diesel prices could improve the economics of electric heavy-duty trucks and create a large new market for Tesla. Tesla eyes European freight market with long-delayed Semi truck
• Positive Sentiment: The Semi announcement strengthens Tesla’s longer-term growth narrative beyond passenger vehicles. Investors are also focused on possible future catalysts from robotaxis, Full Self-Driving software and Optimus robotics, although these businesses have yet to demonstrate large-scale profitability. How Tesla could transform trucking
• Neutral Sentiment: Tesla’s Cybercab pilot in Austin and recent Optimus demonstrations are sustaining investor interest in artificial intelligence and autonomous services. However, analysts and investors continue to debate whether Tesla can scale robotaxis profitably and compete with Waymo. Tesla opinions on Optimus and robotaxi innovations
• Negative Sentiment: China remains a significant pressure point. Tesla’s August sales reportedly fell about 26% year over year despite the launch of the Model Y Performance, marking another monthly decline amid intense competition from BYD and other domestic manufacturers. Tesla launches Model Y Performance in China
• Negative Sentiment: House lawmakers are seeking federal action after videos appeared to show drivers asleep while using Autopilot or Full Self-Driving. Additional scrutiny could slow autonomous-service expansion and increase legal, regulatory and reputational risks. House Democrat urges US action over sleeping Tesla drivers
• Negative Sentiment: Investors remain concerned about Tesla’s valuation and profitability: operating margins have reportedly fallen to 1.4%, free cash flow turned negative, and China discounts could support deliveries while further reducing margins. The stock’s premium valuation leaves limited room for execution disappointments.
• Neutral Sentiment: CFO Vaibhav Taneja sold shares to cover tax withholding on vested equity awards. While the transaction may attract attention, it was not described as a discretionary investment sale and therefore provides limited insight into management’s outlook. Vaibhav Taneja sells Tesla shares

Analysts Set New Price Targets

Several research analysts have commented on TSLA shares. Jefferies Financial Group set a $400.00 price objective on shares of Tesla and gave the company a "hold" rating in a report on Monday, July 13th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $500.00 target price on shares of Tesla in a research report on Tuesday, July 28th. Needham & Company LLC reissued a "hold" rating on shares of Tesla in a research note on Thursday, July 23rd. Truist Financial set a $370.00 price objective on Tesla and gave the stock a "hold" rating in a research note on Thursday, July 23rd. Finally, DZ Bank raised Tesla from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Tesla has an average rating of "Hold" and a consensus target price of $401.74.

About Tesla

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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