Tesla, Inc. $TSLA Shares Bought by Atreides Management LP

Key Points

• Atreides Management increased its Tesla position by 7.9% in the first quarter, adding 14,760 shares to own 200,795 shares valued at approximately $74.6 million. Institutional investors collectively own 66.2% of Tesla.
• Tesla’s latest results showed mixed performance: revenue beat expectations at $28.24 billion, but adjusted EPS of $0.33 missed the $0.50 consensus, operating income fell 57%, and free cash flow turned negative as capital spending surged.
• Despite potential support from energy-storage growth, AI initiatives and bullish analyst targets, Tesla faces delayed commercialization timelines, intensifying EV competition and a very high valuation. Analysts’ average rating is “Hold”, with a consensus price target of $402.24.

Atreides Management LP grew its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 7.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 200,795 shares of the electric vehicle producer's stock after buying an additional 14,760 shares during the quarter. Tesla accounts for 1.5% of Atreides Management LP's holdings, making the stock its 21st largest holding. Atreides Management LP's holdings in Tesla were worth $74,646,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TSLA. Networth Advisors LLC acquired a new stake in shares of Tesla during the fourth quarter worth about $26,000. Chapman Financial Group LLC purchased a new stake in Tesla during the 2nd quarter worth approximately $26,000. Davidson Capital Management Inc. lifted its holdings in Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after buying an additional 27 shares in the last quarter. Friedenthal Financial boosted its position in Tesla by 66.7% in the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock valued at $28,000 after buying an additional 30 shares during the period. Finally, Prism Advisors Inc. acquired a new position in shares of Tesla in the fourth quarter worth $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla won permission to revive a U.K. lawsuit involving InterDigital and a patent-licensing platform. The case could help Tesla secure licensing terms for connected vehicles using 5G technology, although it is not a final legal victory. Tesla wins bid to revive UK lawsuit for 5G patents licence
• Positive Sentiment: Long-term power-purchase agreements in Arizona and Texas should provide Tesla with additional renewable electricity and battery capacity, supporting its energy-storage and AI infrastructure ambitions. Tesla to buy power from Arizona solar project
• Positive Sentiment: Some analysts remain highly bullish: Wedbush reiterated a $600 target based on potential growth from full self-driving, Optimus and other AI businesses, while ARK Invest continued buying Tesla shares during the selloff. These views provide support but depend on substantial future execution. Wedbush issues $600 Tesla price target
• Neutral Sentiment: Technical commentary says TSLA is deeply oversold after its extended decline, creating the possibility of a short-term rebound. However, oversold conditions do not resolve the company’s fundamental profitability and execution concerns. Tesla turns most oversold in over a year
• Negative Sentiment: Tesla’s quarterly revenue exceeded expectations, but adjusted EPS was $0.33 versus a $0.50 consensus estimate. Operating income fell 57% to roughly $400 million, while capital expenditures surged 142% year over year and free cash flow turned negative. The combination of weaker margins and heavier spending is the primary reason for the post-earnings selloff.
• Negative Sentiment: Reports say Tesla delayed a major growth timeline, intensifying concerns that robotaxis, humanoid robots and AI-related businesses may take longer to commercialize. Elon Musk has acknowledged “substantial” challenges, weakening confidence in the near-term growth narrative. Tesla delays biggest growth story
• Negative Sentiment: Investors also face intense EV competition, including BYD’s improving performance and planned humanoid-robot launch. With Tesla still trading at a very high earnings multiple despite deteriorating automotive profitability, analysts warn that the stock leaves little room for execution mistakes.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TSLA shares. HSBC reiterated a "hold" rating on shares of Tesla in a research note on Monday, June 15th. Royal Bank Of Canada restated an "outperform" rating and set a $500.00 price target on shares of Tesla in a report on Tuesday. Citizens Jmp started coverage on Tesla in a research report on Thursday, July 9th. They issued a "market perform" rating on the stock. Erste Group Bank upgraded Tesla from a "sell" rating to a "hold" rating in a research note on Friday, June 5th. Finally, Glj Research restated a "sell" rating on shares of Tesla in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Tesla has an average rating of "Hold" and a consensus target price of $402.24.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $307.44 on Wednesday. The stock's 50-day simple moving average is $396.79 and its 200-day simple moving average is $400.44. The firm has a market capitalization of $1.21 trillion, a PE ratio of 284.67, a price-to-earnings-growth ratio of 15.80 and a beta of 1.80. Tesla, Inc. has a fifty-two week low of $297.82 and a fifty-two week high of $498.83. 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 (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). The business 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 business's revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period last year, the company earned $0.33 earnings per share. As a group, equities research analysts forecast that Tesla, Inc. will post 0.9 EPS for the current fiscal year.

Insider Buying and Selling at Tesla

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company's stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 32,015 shares of company stock valued at $12,383,640. Company insiders own 19.90% of the company's stock.

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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