Peregrine Asset Advisers Inc. Increases Position in Tesla, Inc. $TSLA

Key Points

• Peregrine Asset Advisers increased its Tesla stake by 123.3% in Q4 to 13,213 shares (about $5.94 million), making TSLA roughly 1.7% of the fund's portfolio and its 19th largest holding.
• Tesla reported quarterly EPS of $0.41, beating estimates by $0.02 while revenue of $22.39 billion missed forecasts; the company has a market cap of about $1.47 trillion and a consensus analyst price target near $398.42.
• Recent disclosures show more than $500 million in related‑party revenue with Musk‑controlled firms and insiders have sold about $20.9 million of stock (53,804 shares) in the past 90 days, flagging governance and ownership concerns.

Peregrine Asset Advisers Inc. lifted its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 123.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,213 shares of the electric vehicle producer's stock after buying an additional 7,296 shares during the period. Tesla makes up approximately 1.7% of Peregrine Asset Advisers Inc.'s portfolio, making the stock its 19th biggest holding. Peregrine Asset Advisers Inc.'s holdings in Tesla were worth $5,942,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of TSLA. Chapman Financial Group LLC purchased a new position in Tesla in the second quarter valued at approximately $26,000. Networth Advisors LLC purchased a new stake in shares of Tesla during the fourth quarter worth $26,000. Davidson Capital Management Inc. lifted its position in shares of Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after acquiring an additional 27 shares in the last quarter. Manning & Napier Advisors LLC purchased a new stake in shares of Tesla during the third quarter worth $29,000. Finally, Turning Point Benefit Group Inc. purchased a new stake in shares of Tesla during the third quarter worth $30,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Tesla Stock Performance

NASDAQ TSLA opened at $390.82 on Monday. The company has a 50-day simple moving average of $383.09 and a two-hundred day simple moving average of $419.10. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12-month low of $271.00 and a 12-month high of $498.83. The firm has a market cap of $1.47 trillion, a price-to-earnings ratio of 358.55, a PEG ratio of 14.87 and a beta of 1.79.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same period in the prior year, the business posted $0.27 earnings per share. The company's revenue was up 15.8% on a year-over-year basis. On average, equities analysts forecast that Tesla, Inc. will post 1.25 EPS for the current year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is rolling out more Robotaxi/Cybercab vehicles and expanding unsupervised rides in Texas, a step toward monetizing autonomy that could eventually boost services revenue if regulatory and safety hurdles are cleared. Read More.
• Positive Sentiment: Tesla’s Semi truck program reportedly hit production milestones this week, demonstrating progress on a higher‑margin commercial product line that could improve long‑term mix and profitability if volumes scale. Read More.
• Positive Sentiment: Reports highlight progress on Elon’s “Terafab” manufacturing initiative — faster, lower‑cost fabs could materially reduce vehicle and robot production costs over time if successful. Read More.
• Neutral Sentiment: SpaceX’s planned IPO — potentially raising up to $75 billion — and leaked compensation terms (large milestone bonuses for Elon Musk) are drawing attention; implications for Tesla are indirect but important for governance and Musk’s incentive alignment across his companies. Read More.
• Neutral Sentiment: Details from the SpaceX registration show potential big voting/compensation stakes for Musk tied to long‑term milestones (e.g., population targets for Mars) — these are more relevant to SpaceX governance but feed broader investor scrutiny of Musk‑linked transactions. Read More.
• Neutral Sentiment: Several analyst/roundup pieces revisit valuation and buy/sell views on TSLA; these provide context but contain mixed conclusions, so they’re unlikely to move the stock by themselves. Read More.
• Negative Sentiment: Tesla amended filings disclosed more than $500 million of revenue from transactions with Musk‑controlled firms (xAI, SpaceX), raising related‑party and governance questions that can pressure valuation multiples and investor trust. Read More.
• Negative Sentiment: Coverage highlights that Tesla is spending heavily to build its AI/robotics future (Optimus, robotaxi software/hardware), and that cash burn and margin pressure are tangible near‑term risks until those efforts monetize. Read More.
• Negative Sentiment: Despite rollout progress, Tesla still trails Waymo and other autonomous rivals on fully mature self‑driving commercialization metrics, underscoring competitive and execution risks to the robotaxi thesis. Read More.

Wall Street Analysts Forecast Growth

TSLA has been the topic of a number of research analyst reports. TD Cowen reissued a "buy" rating and issued a $490.00 target price on shares of Tesla in a research note on Thursday, April 23rd. Bank of America initiated coverage on Tesla in a research note on Wednesday, March 4th. They issued a "buy" rating and a $460.00 target price on the stock. DZ Bank raised Tesla from a "sell" rating to a "hold" rating and set a $385.00 target price on the stock in a research note on Friday, April 24th. The Goldman Sachs Group reissued a "neutral" rating on shares of Tesla in a research note on Thursday, April 23rd. Finally, Morgan Stanley set a $415.00 target price on Tesla and gave the company an "equal weight" rating in a research note on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $398.42.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the sale, the director owned 33,860 shares of the company's stock, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 53,804 shares of company stock valued at $20,865,598. Company insiders own 19.90% of the company's stock.

Tesla Company Profile

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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