Satovsky Asset Management LLC Makes New Investment in Tesla, Inc. $TSLA

Satovsky Asset Management LLC bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,208 shares of the electric vehicle producer's stock, valued at approximately $929,000. Tesla comprises about 0.1% of Satovsky Asset Management LLC's holdings, making the stock its 20th biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealthquest Corp purchased a new position in shares of Tesla in the 4th quarter worth approximately $1,035,000. Private Capital Advisors Inc. lifted its position in 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 acquiring an additional 12,417 shares during the last quarter. Knights of Columbus Asset Advisors LLC lifted its position in Tesla by 34.8% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer's stock valued at $28,998,000 after acquiring an additional 16,652 shares during the last quarter. Canada Post Corp Registered Pension Plan boosted its stake in Tesla by 26.6% in the fourth quarter. Canada Post Corp Registered Pension Plan now owns 70,955 shares of the electric vehicle producer's stock valued at $31,910,000 after acquiring an additional 14,900 shares in the last quarter. Finally, Cascade Financial Partners LLC grew its holdings in Tesla by 866.8% in the fourth quarter. Cascade Financial Partners LLC now owns 207,999 shares of the electric vehicle producer's stock worth $93,541,000 after purchasing an additional 186,485 shares during the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction that occurred on 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 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company's stock.

Tesla Stock Down 5.9%

Tesla stock opened at $354.08 on Friday. 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 business's 50-day simple moving average is $358.22 and its two-hundred day simple moving average is $383.10. The company has a market cap of $1.40 trillion, a PE ratio of 327.85, a PEG ratio of 17.88 and a beta of 1.84. 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 announced 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 return on equity of 3.82% and a net margin of 3.67%.The firm had revenue of $28.24 billion during 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. Equities analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on TSLA shares. Glj Research reiterated a "sell" rating on shares of Tesla in a report on Friday. Cantor Fitzgerald restated an "overweight" rating and set a $485.00 target price (down from $510.00) on shares of Tesla in a research note on Thursday, July 23rd. Stifel Nicolaus set a $491.00 target price on Tesla and gave the company a "buy" rating in a research report on Monday, August 3rd. William Blair reiterated a "market perform" rating on shares of Tesla in a research note on Thursday, July 2nd. Finally, TD Cowen reissued a "buy" rating on shares of Tesla in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $401.74.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

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.

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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