Phillips Financial Management LLC Purchases New Holdings in Tesla, Inc. $TSLA

Phillips Financial Management LLC acquired a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 3,996 shares of the electric vehicle producer's stock, valued at approximately $1,681,000. Tesla comprises approximately 0.1% of Phillips Financial Management LLC's investment portfolio, making the stock its 29th largest position.

A number of other hedge funds have also recently bought and sold shares of TSLA. Marks Group Wealth Management Inc boosted its holdings in 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 acquiring an additional 25 shares during the last quarter. Clear Trail Advisors LLC raised its holdings in 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 position in Tesla by 1.5% during the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer's stock valued at $697,000 after purchasing an additional 25 shares during the period. Brio Consultants LLC boosted its stake in shares of Tesla by 4.7% in the 4th quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer's stock valued at $259,000 after purchasing an additional 26 shares during the last quarter. Finally, Community Bank & Trust Waco Texas boosted its stake in shares of 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 valued at $711,000 after purchasing an additional 26 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction on 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 completion of the transaction, the chief financial officer owned 22,039 shares of the company's stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The sale 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 owned by company insiders.

Tesla Stock Down 1.7%

Tesla stock opened at $348.75 on Friday. The firm has a market capitalization of $1.38 trillion, a price-to-earnings ratio of 322.92, a PEG ratio of 17.91 and a beta of 1.83. The company's 50 day simple moving average is $360.33 and its 200 day simple moving average is $385.15. 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 fifty-two week low of $297.38 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm's revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.33 EPS. As a group, sell-side analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TSLA. Citizens Jmp assumed coverage on shares of Tesla in a research note on Thursday, July 9th. They set a "market perform" rating for the company. DZ Bank raised shares of Tesla from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. Stifel Nicolaus set a $491.00 target price on shares of Tesla and gave the stock a "buy" rating in a report on Monday, August 3rd. HSBC reiterated a "hold" rating on shares of Tesla in a research report on Monday, June 15th. Finally, Truist Financial set a $370.00 price target on Tesla and gave the company a "hold" rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, nineteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $401.74.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding its robotaxi operation beyond Austin and Miami, with longer service hours and a larger unsupervised fleet. State regulators have also approved permits for Tesla to operate robotaxis, supporting the company’s strategy to monetize autonomous driving. Tesla robotaxi expansion
• Positive Sentiment: Tesla is preparing an August Cybercab rollout beginning with employee rides, while Cybercab production has reportedly started. Investors view the vehicle and robotaxi network as potential long-term revenue opportunities not yet fully reflected in the stock. Cybercab rollout
• Positive Sentiment: Optimus humanoid robot production has reportedly begun at Tesla’s Fremont facility, and the company is installing additional robotics manufacturing lines. The development strengthens the long-term artificial-intelligence and automation narrative, although meaningful financial benefits may take time. Optimus production
• Positive Sentiment: Commercial truckmaker Einride expects to receive approximately 75 Tesla Semi trucks in 2026, with the remainder of its 500-truck order scheduled for 2027. The timeline provides evidence of commercial demand, though deliveries will be spread over several years. Einride Tesla Semi order
• Neutral Sentiment: Tesla announced a September 24 Semi event that could provide updates on autonomous trucking and production plans, making it a potential catalyst but offering no immediate earnings impact. Tesla Semi event
• Negative Sentiment: Tesla is voluntarily recalling about 3 million vehicles in China over door handles that may fail after severe crashes and inadequate driver-attention monitoring. The recall adds regulatory, cost and reputational risks to the company’s autonomy push. Tesla China recall
• Negative Sentiment: Criticism intensified after a vehicle using Tesla’s latest FSD software reportedly nearly drove into a train, renewing concerns about system reliability and the gap between supervised assistance and fully autonomous driving. Tesla FSD incident
• Negative Sentiment: Analysts and investors continue to question Tesla’s valuation because weak margins and traditional EV risks are not easily reconciled with a price-to-earnings ratio above 300. Toyota’s rising electrified-vehicle volume and broader EV competition further challenge Tesla’s automotive leadership.

About Tesla

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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