Reliant Investment Partners LLC Takes Position in Tesla, Inc. $TSLA

Key Points

• Reliant Investment Partners established a new Tesla position of 2,535 shares worth approximately $1.07 million. Institutional investors collectively own 66.2% of Tesla’s stock.
• Tesla’s growth outlook is mixed: Cybercab, energy storage and Semi deployments offer potential upside, while slowing China and European sales, autonomy scrutiny and the discontinuation of Solar Roof orders pose risks.
• Analyst sentiment remains divided, with a consensus “Hold” rating and an average price target of $401.74. Tesla shares opened at $357.01, while the company recently missed quarterly EPS estimates despite 25.5% year-over-year revenue growth.

Reliant Investment Partners LLC purchased a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,535 shares of the electric vehicle producer's stock, valued at approximately $1,066,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TSLA. Chapman Financial Group LLC bought a new stake in Tesla in the second quarter valued at $26,000. Friedenthal Financial grew its position in shares of Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock worth $28,000 after acquiring an additional 30 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla in the 3rd quarter worth about $30,000. Texas Capital Bancshares Inc TX bought a new stake in Tesla in the 3rd quarter valued at about $31,000. Finally, Harborfront Financial Group LLC bought a new stake in Tesla in the 2nd quarter valued at about $34,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla's Cybercab Fleet Hits 45 Ahead of Austin Launch
• Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid
• Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order
• Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks
• Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla's China-made EV sales extend growth streak, but momentum fades
• Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla's FSD Faces Fresh Scrutiny After Fatal Illinois Crash
• Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly 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 sale was disclosed in a document filed with the SEC, which can be accessed through 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.

Wall Street Analyst Weigh In

TSLA has been the subject of several recent analyst reports. Piper Sandler decreased their target price on shares of Tesla from $500.00 to $450.00 and set an "overweight" rating for the company in a research report on Friday, July 24th. Canaccord Genuity Group set a $410.00 price objective on Tesla and gave the stock a "buy" rating in a research report on Thursday, July 23rd. The Goldman Sachs Group initiated coverage on Tesla in a report on Friday, June 5th. They issued a "buy" rating for the company. Roth Capital restated a "buy" rating and issued a $505.00 target price on shares of Tesla in a research report on Thursday, July 23rd. Finally, DZ Bank raised Tesla from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $401.74.

Tesla Stock Up 0.3%

TSLA stock opened at $357.01 on Thursday. The firm's 50-day moving average is $358.71 and its two-hundred day moving average is $383.59. The company has a market capitalization of $1.41 trillion, a price-to-earnings ratio of 330.57, a price-to-earnings-growth ratio of 17.98 and a beta of 1.84. Tesla, Inc. has a 52 week low of $297.38 and a 52 week 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.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter last year, the business earned $0.33 earnings per share. The company's revenue was up 25.5% on a year-over-year basis. On average, analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

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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