Primoris Wealth Advisors LLC Has $2.04 Million Stake in Tesla, Inc. $TSLA

Key Points

• Primoris Wealth Advisors LLC increased its Tesla stake by 759% in Q4 and now owns 4,527 shares worth about $2.04 million, representing roughly 1.2% of its portfolio and its 27th largest holding.
• Tesla reported Q1 EPS of $0.41, beating estimates by $0.02, but revenue of $22.39 billion missed expectations; the company posted a modest net margin (~3.95%) and MarketBeat's consensus rating is currently a Hold with a $398.42 price target.
• Insiders have sold significant stock recently (about 80,213 shares worth ~$30.85M over 90 days, including sales by the CFO and a director), while mixed news and growing EU regulatory scrutiny of FSD/robotaxi ambitions create sentiment and execution risks.

Primoris Wealth Advisors LLC grew its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 759.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,527 shares of the electric vehicle producer's stock after acquiring an additional 4,000 shares during the quarter. Tesla accounts for approximately 1.2% of Primoris Wealth Advisors LLC's investment portfolio, making the stock its 27th largest position. Primoris Wealth Advisors LLC's holdings in Tesla were worth $2,036,000 as of its most recent SEC filing.

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

Tesla Price Performance

Tesla stock opened at $392.38 on Tuesday. The stock has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 359.98, a PEG ratio of 14.87 and a beta of 1.79. Tesla, Inc. has a 52-week low of $271.00 and a 52-week high of $498.83. The stock's 50 day moving average price is $383.09 and its two-hundred day moving average price is $419.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04.

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, topping analysts' consensus estimates of $0.39 by $0.02. The firm had revenue of $22.39 billion for the quarter, compared to analysts' expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 EPS. On average, equities analysts predict that Tesla, Inc. will post 1.25 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company's stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 80,213 shares of company stock worth $30,851,105 over the last 90 days. Company insiders own 19.90% of the company's stock.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: UK and several European markets showed strong recovery in April, with UK sales jumping ~62% and registrations rising in Sweden, France and Denmark — supportive for near‑term revenue outside the U.S. Tesla sales in UK continue recovery, jump 62% in April
• Positive Sentiment: New brand‑loyalty rankings place Tesla at the top in the U.S., reinforcing customer retention and aftermarket/service revenue potential. Tesla Brand Recovery? New Survey Shows EV Giant Top Rating For US Loyalty – Palihapitiya Says 'Once You Drive A Tesla…'
• Positive Sentiment: Company continues to expand robotaxi/Cybercab operations (Texas rollouts cited) — a long‑term, higher‑margin revenue path if regulatory and technical hurdles are cleared. Elon Musk's Robotaxi Plans Take Shape With Dallas, Houston Rollout, But Tesla Is Still Far Behind Waymo
• Neutral Sentiment: Regulators in the EU are reviewing Tesla’s supervised FSD approval; an explainer outlines the approval path and outstanding steps — progress helps the story but does not guarantee broad commercial rollout. Explainer: Tesla's road to Full Self-Driving approval in Europe
• Neutral Sentiment: Market commentary notes Tesla hit a “symbolic” self‑driving milestone (a numeric safety threshold), but real‑world mapping, edge‑case and regulatory work remain — milestone supports narrative more than immediate revenue. Tesla just hit a ‘symbolic' self-driving milestone. Real-world success will be tougher.
• Negative Sentiment: Investigative reporting finds nearly 20% of delivered Cybertrucks went to Elon Musk’s other companies, raising questions about genuine consumer demand and future fleet economics for the vehicle. Hiltzik: How many Cybertrucks has Tesla sold to the public? Fewer than you might think
• Negative Sentiment: EU regulators have expressed skepticism about FSD safety claims even as RDW seeks EU approval — growing regulatory scrutiny could delay commercial scale‑up and add compliance risk. Exclusive: Tesla faces EU skepticism over automated-driving tech, records show
• Negative Sentiment: Director Kathleen Wilson‑Thompson sold 26,409 shares under a 10b5‑1 plan (disclosed); while pre‑arranged plans limit interpretability, insider selling can weigh on sentiment. Insider Selling: Tesla NASDAQ: TSLA Director Sells 26,409 Shares of Stock
• Negative Sentiment: Coverage highlights rising regulatory and competitive roadblocks to the driverless/robotaxi thesis and cautions on heavy AI/robotics spending that pressures near‑term margins and cash flow. Tesla Stock (TSLA) Drags as Driverless Ambitions Face More Roadblocks

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Benchmark reaffirmed a "buy" rating on shares of Tesla in a research note on Wednesday, February 11th. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research note on Thursday, April 23rd. HSBC assumed coverage on Tesla in a research note on Monday, April 27th. They issued a "buy" rating for the company. Bank of America assumed coverage on Tesla in a research note on Wednesday, March 4th. They issued a "buy" rating and a $460.00 price objective for the company. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research note on Friday, April 24th. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, Tesla currently has an average rating of "Hold" and a consensus price target of $398.42.

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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