Sanders Morris Harris LLC Boosts Stock Holdings in Tesla, Inc. $TSLA

Key Points

• Sanders Morris Harris increased its Tesla stake by 54.6% in the second quarter, bringing its holdings to 7,684 shares valued at approximately $3.23 million. Tesla represents 1.9% of the firm’s portfolio, while institutional investors collectively own 66.2% of the company.
• Analyst sentiment is mixed: the stock has a consensus rating of “Hold” and an average price target of $401.74, despite several Buy ratings and targets above $400. Wells Fargo remains notably bearish with an Underweight rating and a $130 target.
• Tesla’s latest quarter showed strong revenue growth but weaker profitability: revenue rose 25.5% year over year to $28.24 billion, while earnings per share of $0.33 missed expectations of $0.50. The stock trades at a very high P/E ratio of 297.73, increasing valuation concerns.

Sanders Morris Harris LLC raised its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 54.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,684 shares of the electric vehicle producer's stock after acquiring an additional 2,714 shares during the period. Tesla makes up 1.9% of Sanders Morris Harris LLC's portfolio, making the stock its 12th largest holding. Sanders Morris Harris LLC's holdings in Tesla were worth $3,232,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Networth Advisors LLC purchased a new stake in shares of Tesla during the 4th quarter worth approximately $26,000. Chapman Financial Group LLC purchased a new position in shares of Tesla in the second quarter valued at $26,000. Davidson Capital Management Inc. increased its position in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 27 shares during the last quarter. Friedenthal Financial raised its stake in 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 purchasing an additional 30 shares in the last quarter. Finally, Prism Advisors Inc. bought a new position in Tesla during the fourth quarter valued at $30,000. Institutional investors own 66.20% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $420.00 target price on shares of Tesla in a research report on Monday, July 27th. Canaccord Genuity Group set a $410.00 price objective on Tesla and gave the company a "buy" rating in a research note on Thursday, July 23rd. BTIG Research downgraded Tesla to a "neutral" rating in a research report on Friday, June 5th. The Goldman Sachs Group started coverage on shares of Tesla in a research note on Friday, June 5th. They set a "buy" rating for the company. Finally, Wells Fargo & Company reissued an "underweight" rating and issued a $130.00 price objective (up from $125.00) on shares of Tesla in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have issued a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $401.74.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Megapack demand is accelerating. SpaceX purchased $295 million of Tesla Megapacks in the second quarter and $329 million year to date to support AI data centers in Memphis. The sales provide evidence of growing demand for Tesla’s energy-storage business and a potential commercial relationship with SpaceX. SpaceX ramps up Tesla Megapack purchases in Q2
• Positive Sentiment: China sales remain a bright spot. Tesla’s China-made vehicle sales increased 37.8% year over year in July, marking the ninth consecutive month of growth. The performance could help ease concerns about demand in one of Tesla’s most important markets. Tesla’s July China-made EV sales rise
• Positive Sentiment: Long-term bulls continue to support the stock. ARK Invest’s Cathie Wood reportedly bought another $14.3 million of Tesla shares, while bullish commentary continues to focus on autonomy, robotics, AI, and energy storage as future growth drivers. Cathie Wood’s ARK Invest Tesla position
• Neutral Sentiment: Technical analysts see rebound potential. One forecast identifies support near current levels and a possible move toward $386.61, but this remains a technical scenario rather than a change in Tesla’s underlying fundamentals. Tesla price forecast
• Negative Sentiment: Profitability remains the central concern. Tesla’s latest quarter included an earnings miss, sharply lower operating income, and negative free cash flow despite record deliveries and revenue growth. With the shares trading at an exceptionally high earnings multiple, investors require substantial future success from autonomy and robotics to justify the valuation.
• Negative Sentiment: Autonomous-driving competition is intensifying. Uber is investing aggressively in robotaxis, while Amazon’s Zoox received approval to deploy up to 2,500 purpose-built driverless vehicles annually. A study examining how accident data could be used to train robotaxis also renewed safety concerns surrounding Tesla’s autonomous-driving ambitions. Uber robotaxi competition
• Negative Sentiment: Bearish sentiment remains visible. Investor Michael Burry is maintaining short positions in Tesla and warning of a potential broader market sell-off, adding pressure to an already volatile stock. Michael Burry’s Tesla short position

Tesla Stock Performance

Tesla stock opened at $321.55 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. The company has a market capitalization of $1.27 trillion, a PE ratio of 297.73, a P/E/G ratio of 16.24 and a beta of 1.83. The company has a 50 day moving average price of $383.35 and a 200-day moving average price of $395.05. 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 released its quarterly earnings data 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). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm had revenue of $28.24 billion for the quarter, compared to analysts' expectations of $26.42 billion. During the same quarter in the previous year, the business earned $0.33 earnings per share. The company's revenue for the quarter was up 25.5% compared to the same quarter last year. As a group, equities analysts forecast that Tesla, Inc. will post 0.89 earnings per share for the current year.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction dated 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 sale, the chief financial officer directly owned 22,039 shares of the company's stock, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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.

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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