Plan Group Financial LLC Acquires Shares of 2,041 Tesla, Inc. $TSLA

Plan Group Financial LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,041 shares of the electric vehicle producer's stock, valued at approximately $858,000.

Other large investors have also recently modified their holdings of the company. Crestwood Advisors Group LLC raised its position in Tesla by 34.7% in the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer's stock worth $8,799,000 after purchasing an additional 5,039 shares during the period. Private Capital Advisors Inc. grew its stake in shares of Tesla by 139.3% during the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer's stock valued at $9,593,000 after buying an additional 12,417 shares during the last quarter. Wealthquest Corp bought a new position in shares of Tesla during the fourth quarter valued at approximately $1,035,000. Knights of Columbus Asset Advisors LLC raised its holdings in shares of Tesla by 34.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer's stock worth $28,998,000 after buying an additional 16,652 shares during the period. Finally, Varma Mutual Pension Insurance Co lifted its stake in shares of Tesla by 3.0% during the 4th quarter. Varma Mutual Pension Insurance Co now owns 404,023 shares of the electric vehicle producer's stock worth $181,697,000 after acquiring an additional 11,900 shares during the last quarter. Institutional investors own 66.20% of the company's stock.

Tesla Price Performance

Shares of TSLA stock opened at $354.81 on Friday. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. 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 stock has a fifty day simple moving average of $361.37 and a two-hundred day simple moving average of $385.41. The stock has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 328.53, a P/E/G ratio of 17.46 and a beta of 1.83.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly 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 for the quarter, compared to analysts' expectations of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business's quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.33 EPS. On average, analysts predict that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s official Robotaxi account announced longer service hours and a larger unsupervised fleet, with expansion beyond Austin and Miami. Broader deployment would provide evidence that Tesla is moving from autonomous-driving promises toward a commercial network, while the Cybercab remains a potential long-term catalyst. Tesla Stock Is Trending Higher Today: What's Happening?
• Positive Sentiment: Tesla reportedly began production of Optimus humanoid robots at its Fremont facility. The milestone strengthens the robotics investment case, although meaningful revenue and margin benefits may take time to emerge. Optimus Just Entered Production at Fremont
• Positive Sentiment: Tesla scheduled a September 24 event for the Semi, highlighting autonomous trucking as a potentially significant future sales driver. Tesla Announces Semi Event for September 24
• Positive Sentiment: Strong Nvidia results improved sentiment toward AI-related companies, potentially supporting Tesla’s AI-compute and Full Self-Driving training narrative. Tesla also denied reports that it was scaling back FSD work or shutting its Shanghai data center. Why Nvidia Earnings Matter for Tesla Stock
• Neutral Sentiment: Waymo’s planned robo-taxi expansion into Germany underscores Tesla’s leadership opportunity but also intensifies competition in autonomous driving. Rivian’s driver-assistance system reportedly trails Tesla in point-to-point performance, although the gap is narrowing.
• Negative Sentiment: Tesla discontinued Solar Roof sales, raising fresh concerns about execution and the breadth of its energy strategy. Tesla Quietly Kills Solar Roof Tiles
• Negative Sentiment: Cybertruck prices rose by as much as $5,000 despite sluggish demand. Higher prices could support per-unit profitability but risk further limiting sales. Tesla also lost a senior AI-chip engineer, highlighting competition for specialized talent. Tesla Hikes Cybertruck Prices
• Negative Sentiment: Analysts and commentators continue to flag Tesla’s very high valuation, shrinking margins, negative free cash flow, Chinese competition and reliance on unproven robotaxi and robotics revenue. A large China recall also adds regulatory and product-quality risk.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, the chief financial officer owned 22,039 shares of the company's stock, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Barclays upped their price objective on Tesla from $360.00 to $370.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 14th. Evercore raised shares of Tesla from a "hold" rating to an "outperform" rating in a research note on Friday, June 5th. Piper Sandler cut their price target on shares of Tesla from $500.00 to $450.00 and set an "overweight" rating on the stock in a report on Friday, July 24th. Roth Capital reaffirmed a "buy" rating and issued a $505.00 price target on shares of Tesla in a research note on Thursday, July 23rd. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Tesla in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, nineteen have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $401.74.

Tesla 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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