Nwam LLC Sells 1,620 Shares of Tesla, Inc. $TSLA

Key Points

• Nwam LLC reduced its Tesla stake by 3.2%, selling 1,620 shares in the second quarter and retaining 49,512 shares worth approximately $20.8 million. Institutional investors collectively own 66.2% of Tesla.
• Tesla faces mixed growth signals: Cybercab expansion and European approval of supervised Full Self-Driving could support future revenue, while regulatory scrutiny, safety concerns and weaker Chinese demand may pressure margins and autonomy plans.
• Tesla reported quarterly revenue of $28.24 billion, up 25.5% year over year, but EPS of $0.33 missed expectations. Shares opened at $363.56, and analysts’ consensus rating remains Hold with a $401.74 price target.

Nwam LLC cut its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 3.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,512 shares of the electric vehicle producer's stock after selling 1,620 shares during the period. Tesla makes up 1.0% of Nwam LLC's holdings, making the stock its 15th biggest holding. Nwam LLC's holdings in Tesla were worth $20,825,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Norges Bank purchased a new stake in shares of Tesla in the fourth quarter worth approximately $17,128,100,000. Corient Private Wealth LLC lifted its holdings in shares of Tesla by 3,205.5% in 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 purchasing an additional 20,810,386 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of Tesla during the second quarter valued at approximately $8,535,612,000. Bank of New York Mellon Corp bought a new stake in Tesla during the second quarter worth $6,083,630,000. Finally, Deutsche Bank AG purchased a new stake in Tesla in the 2nd quarter valued at $4,039,090,000. Institutional investors own 66.20% of the company's stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Cybercab rollout offers a potential new growth catalyst. The company has added 45 vehicles to its Austin fleet, and CEO Elon Musk says its redesigned manufacturing process could produce Cybercabs more than five times faster. Successful scaling could improve robotaxi economics and support Tesla’s AI ambitions. 45 Tesla Cybercabs are now roaming Austin
• Positive Sentiment: Slovenia’s approval of Tesla’s supervised Full Self-Driving system could support broader European authorization, potentially expanding software revenue and paving the way for a future Cybercab launch in Europe. Tesla FSD approval in Slovenia
• Neutral Sentiment: Analysts remain divided on whether Tesla can compete with Waymo and other autonomous-driving providers. Early Cybercab fares have varied substantially versus Uber, leaving the business model, safety performance and profitability unproven. Goldman Sachs maintained a Neutral rating with a $360 price target. Tesla Cybercab growth-driver analysis
• Neutral Sentiment: Tesla CFO Vaibhav Taneja sold 2,606 shares to cover tax withholding from vested equity awards. Because the transaction was tax-related, it is less concerning than a discretionary sale, though it may add modest sentiment pressure. Tesla CFO share sale
• Negative Sentiment: A House Democrat urged federal regulators to act after reports identified 43 videos apparently showing drivers asleep or disengaged while using Autopilot or Full Self-Driving. Additional scrutiny could delay deployments and increase Tesla’s legal and regulatory risks. Federal action urged over sleeping Tesla drivers
• Negative Sentiment: China remains a significant weakness. Tesla is offering discounts as domestic demand softens, which may support deliveries but further pressure already-thin automotive margins. Growing exports from Chinese manufacturers also threaten Tesla’s global pricing power. Tesla China discounts and margins
• Negative Sentiment: Questions surrounding Cybercab safety, self-certification and operating reliability—including criticism from Austin firefighters—are undermining confidence in Tesla’s aggressive robotaxi timeline. With the stock trading at a very high earnings multiple, setbacks to autonomy could trigger further downside.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares of the company's stock, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company's stock.

Analyst Upgrades and Downgrades

TSLA has been the topic of a number of analyst reports. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a report on Thursday, July 23rd. TD Cowen reissued a "buy" rating on shares of Tesla in a research report on Friday, August 14th. Glj Research restated a "sell" rating on shares of Tesla in a report on Friday, September 4th. Morgan Stanley reaffirmed a "mixed" rating on shares of Tesla in a research report on Wednesday, September 2nd. Finally, Citigroup restated a "market perform" rating on shares of Tesla in a research note on Monday, August 24th. One 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 assigned a Sell rating to the stock. According to MarketBeat, Tesla currently has an average rating of "Hold" and a consensus price target of $401.74.

Tesla Stock Down 1.2%

Tesla stock opened at $363.56 on Friday. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The firm has a market capitalization of $1.44 trillion, a price-to-earnings ratio of 336.63, a P/E/G ratio of 18.57 and a beta of 1.84. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a 50 day simple moving average of $354.27 and a 200 day simple moving average of $381.50.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (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 company earned $0.33 EPS. The company's revenue was up 25.5% on a year-over-year basis. On average, analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current year.

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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