Partners Wealth Management LLC Makes New $5.47 Million Investment in Tesla, Inc. $TSLA

Key Points

• Partners Wealth Management LLC purchased 15,427 Tesla shares worth approximately $5.47 million in the third quarter. Institutional investors and hedge funds collectively own 66.2% of Tesla.
• Tesla reported quarterly EPS of $0.48, slightly exceeding analysts’ $0.46 estimate, while revenue of $28.05 billion was essentially in line with expectations and declined 0.2% year over year.
• Analyst sentiment remains a Moderate Buy, with an average price target of $414.51, although ratings range from Strong Buy to Sell and concerns persist over Tesla’s high valuation, weakening profitability and EV demand.

Partners Wealth Management LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,427 shares of the electric vehicle producer's stock, valued at approximately $5,474,000.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp raised its position in shares of Tesla by 2.4% in the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer's stock valued at $49,402,312,000 after purchasing an additional 2,761,298 shares during the period. Amundi boosted its holdings in shares of Tesla by 14.0% during the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer's stock worth $8,243,513,000 after buying an additional 2,727,141 shares during the period. Legal & General Group Plc acquired a new position in Tesla in the 2nd quarter valued at about $8,535,612,000. Bank of New York Mellon Corp acquired a new position in Tesla in the 2nd quarter valued at about $6,083,630,000. Finally, Bamco Inc. NY raised its holdings in Tesla by 5.0% in the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock valued at $5,267,911,000 after acquiring an additional 591,243 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Price Performance

Shares of Tesla stock opened at $403.30 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $1.59 trillion, a price-to-earnings ratio of 443.19, a price-to-earnings-growth ratio of 25.04 and a beta of 1.92. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The company has a 50-day simple moving average of $368.51 and a two-hundred day simple moving average of $386.05.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The firm had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. During the same quarter in the prior year, the business posted $0.50 EPS. The business's revenue was down .2% compared to the same quarter last year. Analysts forecast that Tesla, Inc. will post 0.67 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Tesla from a "hold" rating to a "sell" rating in a research report on Saturday, October 24th. JPMorgan Chase & Co. upped their target price on Tesla from $415.00 to $430.00 and gave the company a "neutral" rating in a research report on Thursday, October 22nd. Stifel Nicolaus set a $475.00 target price on Tesla in a research note on Thursday, October 22nd. Mizuho lifted their price target on Tesla from $450.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, October 22nd. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Tesla in a research note on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $414.51.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Improved cash generation: Tesla generated approximately $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion. However, the improvement was partly driven by lower-than-expected capital expenditures rather than stronger operating profitability. Tesla's Free Cash Flow Beat
• Positive Sentiment: Autonomy developments: A South Korean court dismissed a lawsuit from 88 owners seeking refunds over delayed FSD features, removing a potential legal and financial liability. Robotaxi expansion plans and rising FSD adoption also support the long-term growth narrative. South Korea FSD lawsuit
• Positive Sentiment: Analyst and investor support: Barclays upgraded TSLA to Overweight with a $450 target, citing potential strength in vehicles, energy storage and FSD subscriptions. ETFs also reportedly purchased $40.7 million of Tesla shares on October 27. Barclays Tesla upgrade
• Positive Sentiment: European demand: Tesla recorded a reported 66,035 European registrations in September, with the Model Y and Model 3 ranking first and second, helping offset weakness in China. Tesla European registrations
• Neutral Sentiment: SpaceX merger speculation: Elon Musk called a Tesla-SpaceX combination a good idea but acknowledged that winning shareholder approval would be difficult. No transaction has been announced, leaving the speculation a potential catalyst but also a source of volatility. Musk discusses Tesla-SpaceX merger
• Negative Sentiment: Profitability concerns: Tesla’s EV deliveries and earnings have weakened, while operating income reportedly fell 56%. More than 70% of revenue still comes from passenger EVs, making the company vulnerable to pricing pressure and slowing demand. Tesla EV business concerns
• Negative Sentiment: Market and execution risks: Alphabet’s disappointing results pressured technology stocks broadly, while reports of inefficient Robotaxi routing in Houston raised questions about autonomous-service reliability. Rising interest rates also pose a threat to TSLA’s very high valuation multiple.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction 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 represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by corporate insiders.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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