Roman Butler Fullerton & Co. Invests $889,000 in Tesla, Inc. $TSLA

Roman Butler Fullerton & Co. bought a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,251 shares of the electric vehicle producer's stock, valued at approximately $889,000.

Several other hedge funds have also modified their holdings of the stock. Chapman Financial Group LLC acquired a new position in shares of Tesla in the second quarter worth about $26,000. Friedenthal Financial raised its holdings in shares of Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock valued at $28,000 after acquiring an additional 30 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in shares of Tesla in the 3rd quarter valued at approximately $30,000. Texas Capital Bancshares Inc TX acquired a new position in Tesla in the 3rd quarter worth approximately $31,000. Finally, Sarver Vrooman Wealth Advisors purchased a new position in Tesla during the 4th quarter worth approximately $37,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on TSLA shares. Piper Sandler decreased their target price on Tesla from $500.00 to $450.00 and set an "overweight" rating for the company in a research report on Friday, July 24th. Sanford C. Bernstein upgraded Tesla from an "underperform" rating to an "outperform" rating in a research report on Friday, June 5th. Phillip Securities dropped their target price on Tesla from $220.00 to $215.00 and set a "sell" rating on the stock in a report on Wednesday, May 13th. William Blair restated a "market perform" rating on shares of Tesla in a report on Thursday, July 2nd. Finally, Erste Group Bank raised shares of Tesla from a "sell" rating to a "hold" rating in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, nineteen have given a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat.com, Tesla currently has a consensus rating of "Hold" and an average price target of $401.74.

Tesla Stock Performance

NASDAQ:TSLA opened at $348.75 on Monday. The company has a market capitalization of $1.38 trillion, a P/E ratio of 322.92, a P/E/G ratio of 17.61 and a beta of 1.83. The stock's 50 day moving average price is $360.33 and its 200 day moving average price is $384.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last posted 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 business had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business's revenue was up 25.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.33 earnings per share. On average, research analysts forecast that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

More Tesla News

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.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction dated 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 transaction, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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