Tesla, Inc. $TSLA Shares Newly Acquired by TB Alternative Assets Ltd.

Key Points

• TB Alternative Assets Ltd. acquired 21,360 Tesla shares in the third quarter, worth approximately $7.6 million, making Tesla 1.6% of its portfolio and its 15th-largest holding. Institutional investors collectively own 66.2% of Tesla.
• Analyst sentiment remains mixed: Tesla has a consensus “Hold” rating and an average price target of $412.33, despite Goldman Sachs upgrading the stock to “Buy” and Jefferies raising its target to $400.
• Tesla shares fell 2.1% to $354.72 amid concerns over margins, free cash flow and upcoming earnings, while the CFO sold nearly $938,500 in shares to cover tax obligations related to vested equity awards.

TB Alternative Assets Ltd. acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 21,360 shares of the electric vehicle producer's stock, valued at approximately $7,579,000. Tesla makes up 1.6% of TB Alternative Assets Ltd.'s holdings, making the stock its 15th largest position.

A number of other institutional investors also recently modified their holdings of the company. Security National Bank of Sioux City Iowa IA bought a new position in shares of Tesla in the second quarter valued at about $25,000. Friedenthal Financial lifted its position in shares of Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock worth $28,000 after purchasing an additional 30 shares in the last quarter. Harborfront Financial Group LLC bought a new stake in shares of Tesla during the second quarter valued at approximately $34,000. Montgomery Financial Services LLC acquired a new stake in shares of Tesla in the second quarter valued at approximately $40,000. Finally, Lam Group Inc. acquired a new position in Tesla during the 1st quarter worth $37,000. Institutional investors own 66.20% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TSLA shares. Jefferies Financial Group reaffirmed a "hold" rating and issued a $400.00 target price (up from $350.00) on shares of Tesla in a research note on Monday. The Goldman Sachs Group raised shares of Tesla from a "neutral" rating to a "buy" rating in a report on Monday, October 5th. Truist Financial set a $370.00 price target on Tesla and gave the company a "hold" rating in a research note on Thursday, July 23rd. Oppenheimer reaffirmed a "market perform" rating on shares of Tesla in a research note on Monday, September 21st. Finally, Cantor Fitzgerald reiterated an "overweight" rating on shares of Tesla in a report on Monday, September 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, seventeen have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $412.33.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on 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 owned 25,972 shares of the company's stock, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla unveiled its redesigned Roadster with SpaceX-developed compressed-air thrusters that allowed the prototype to briefly hover and perform aerial maneuvers. The demonstration reinforced Tesla’s technology and branding appeal, although the vehicle is positioned as a high-priced, low-volume halo product. Tesla Unveils Flying Roadster
• Positive Sentiment: A U.S. appeals court blocked class-action lawsuits related to Tesla’s self-driving claims, potentially reducing near-term legal exposure. Separately, Slovakia approved Tesla’s self-driving technology, providing a regulatory foothold for its autonomy ambitions. Appeals Court Blocks Self-Driving Class Actions
• Neutral Sentiment: Speculation about a Tesla-SpaceX combination intensified after the Roadster’s SpaceX technology showcase. Prediction-market odds for a merger before March 2027 rose above 50%, but there is no announced transaction, making the potential catalyst highly speculative. Tesla-SpaceX Merger Odds Rise
• Negative Sentiment: The Roadster’s production is not expected until 2028, and key details such as final pricing, certification, and commercial practicality remain unclear. Analysts argued that the spectacle is unlikely to materially improve near-term revenue or earnings, particularly for a company valued at roughly $1.4 trillion. Roadster Hype Cannot Mask Margin and Cash Flow Concerns
• Negative Sentiment: Tesla Energy and Charging chief Mike Snyder reportedly left the company as CEO Elon Musk emphasizes AI, robotics, and autonomy. The leadership change raises questions about Tesla’s commitment to its energy business. Investors are also bracing for third-quarter earnings on October 21 amid expectations for pressure on margins, free cash flow, and earnings estimates. Tesla Energy Chief Reportedly Leaves

Tesla Trading Down 2.1%

Shares of TSLA traded down $7.72 during trading hours on Friday, reaching $354.72. The stock had a trading volume of 61,828,226 shares, compared to its average volume of 33,965,432. The company has a market cap of $1.40 trillion, a P/E ratio of 328.45, a P/E/G ratio of 23.53 and a beta of 1.92. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. 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 has a 50-day moving average of $359.98 and a 200 day moving average of $376.90.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same period in the previous year, the firm posted $0.33 earnings per share. The firm's revenue was up 25.5% on a year-over-year basis. On average, sell-side analysts expect that Tesla, Inc. will post 0.69 earnings per share for the current fiscal year.

Tesla Profile

Tesla, Inc NASDAQ: TSLA designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla's energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.

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