Tesla, Inc. $TSLA Shares Acquired by West Family Investments Inc.

Key Points

• West Family Investments increased its Tesla stake by 26% in the second quarter, owning 8,985 shares valued at approximately $3.8 million. Institutional investors collectively hold 66.2% of Tesla’s outstanding stock.
• Tesla reported quarterly revenue of $28.24 billion, above estimates, but earnings per share of $0.33 missed the $0.50 consensus forecast. Shares traded near $356.58, while the stock’s price-to-earnings ratio remained elevated at roughly 330.
• Analysts maintain a consensus “Hold” rating with an average price target of $414.68, reflecting optimism about future growth but continued concerns over Tesla’s valuation, delayed products, competition and execution risks.

West Family Investments Inc. increased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 26.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,985 shares of the electric vehicle producer's stock after buying an additional 1,854 shares during the period. Tesla comprises approximately 1.1% of West Family Investments Inc.'s investment portfolio, making the stock its 12th largest holding. West Family Investments Inc.'s holdings in Tesla were worth $3,779,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in Tesla in the 4th quarter valued at $17,128,100,000. Corient Private Wealth LLC raised its position in Tesla by 3,205.5% in the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer's stock valued at $9,650,811,000 after purchasing an additional 20,810,386 shares during the period. Legal & General Group Plc acquired a new position in Tesla in the second quarter valued at about $8,535,612,000. Bank of New York Mellon Corp acquired a new position in shares of Tesla in the 2nd quarter worth approximately $6,083,630,000. Finally, Deutsche Bank AG acquired a new stake in shares of Tesla in the second quarter valued at $4,039,090,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Stock Down 0.7%

Shares of NASDAQ:TSLA opened at $356.58 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The firm's 50-day simple moving average is $351.57 and its 200-day simple moving average is $380.48. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The company has a market cap of $1.41 trillion, a price-to-earnings ratio of 330.17, a PEG ratio of 18.12 and a beta of 1.84.

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

Wall Street Analysts Forecast Growth

TSLA has been the subject of a number of research reports. Glj Research restated a "sell" rating on shares of Tesla in a report on Friday, September 4th. Robert W. Baird set a $475.00 price target on shares of Tesla in a research report on Monday, July 27th. Truist Financial set a $370.00 price objective on Tesla and gave the stock a "hold" rating in a research report on Thursday, July 23rd. Jefferies Financial Group set a $400.00 price objective on Tesla and gave the company a "hold" rating in a research note on Monday, July 13th. Finally, Evercore upgraded Tesla from a "hold" rating to an "outperform" rating in a research note on Friday, June 5th. One equities 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 five have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $414.68.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding beyond autos: Pacific Gas & Electric selected the company for SHARE, a large virtual power plant connecting thousands of residential energy devices. The deal supports Tesla’s energy-storage and grid-services strategy, although investors may view its financial impact as modest initially. Tesla PG&E grid deal
• Positive Sentiment: Tesla reportedly regained roughly 52% of the U.S. EV market through August as Ford and GM reduced their EV efforts. However, Tesla’s own sales were still lower, meaning the share gain appears driven partly by weaker competition rather than accelerating demand. Tesla U.S. EV market share
• Positive Sentiment: Tesla established a Vietnamese subsidiary authorized to import, distribute and sell vehicles, creating a formal entry point into a growing Southeast Asian EV market and potentially diversifying sales beyond China. Tesla Vietnam expansion
• Positive Sentiment: Virtuix said Tesla placed repeat orders for its Omni One Enterprise systems for the Optimus humanoid-robot program, offering an outside indication that Tesla continues developing robotics applications. Elon Musk also says Optimus could ship to customers in 2027, though revenue remains speculative. Tesla Optimus shipment plans
• Neutral Sentiment: Tesla’s October 1 Roadster event is generating significant attention, with Musk hinting at unusually advanced or possible SpaceX-related technology. The reveal could become a catalyst, but the nine-year delay has made investors skeptical until production timing and specifications are demonstrated. Tesla Roadster reveal
• Negative Sentiment: U.S. regulators are questioning whether Tesla properly self-certified the steering-wheel-free Cybercab and whether the vehicle complies with safety standards. The National Highway Traffic Safety Administration wants answers by September 30, raising certification, launch-timing and liability risks. Cybercab certification investigation
• Negative Sentiment: Reports that Cybercab rides can take substantially longer because the vehicles avoid highways reinforce concerns that Tesla’s current robotaxi service is limited and not yet ready for rapid scaling. Commentary has also contrasted Tesla’s rollout with Waymo’s more established operations. Tesla Cybercab rollout
• Negative Sentiment: At a valuation above 300 times earnings, Tesla remains highly dependent on future autonomy, robotics and energy growth. Skepticism over delayed products, competition and execution makes the stock vulnerable when new announcements do not immediately translate into commercial results.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company's stock.

Tesla Profile

Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.

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