Tesla, Inc. $TSLA Stake Boosted by Proficio Capital Partners LLC

Key Points

• Proficio Capital Partners increased its Tesla stake by 142.2% in the second quarter, bringing its holdings to 19,081 shares worth approximately $8.0 million. Institutional investors and hedge funds collectively own 66.2% of Tesla.
• Tesla CFO Vaibhav Taneja sold 2,606 shares for roughly $938,499 to cover tax withholding obligations tied to vested equity awards, reducing his ownership by 9.12%.
• Wall Street remains divided, with Tesla carrying a consensus “Hold” rating and an average price target of $401.74. The company exceeded revenue expectations but missed quarterly EPS estimates, while its high valuation and uncertainty around autonomous-driving growth remain key risks.

Proficio Capital Partners LLC boosted its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 142.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,081 shares of the electric vehicle producer's stock after purchasing an additional 11,202 shares during the quarter. Proficio Capital Partners LLC's holdings in Tesla were worth $8,025,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Teza Capital Management LLC lifted its position in shares of Tesla by 17.1% in the 2nd quarter. Teza Capital Management LLC now owns 753 shares of the electric vehicle producer's stock worth $317,000 after buying an additional 110 shares during the last quarter. Rehmann Capital Advisory Group grew its position in shares of Tesla by 6.6% during the 2nd quarter. Rehmann Capital Advisory Group now owns 18,329 shares of the electric vehicle producer's stock valued at $7,709,000 after buying an additional 1,141 shares during the last quarter. JNBA Financial Advisors grew its position in shares of Tesla by 8.5% during the 2nd quarter. JNBA Financial Advisors now owns 1,918 shares of the electric vehicle producer's stock valued at $807,000 after buying an additional 150 shares during the last quarter. Advocacy Wealth Management LLC acquired a new stake in Tesla during the second quarter worth about $301,000. Finally, Rothschild Capital Partners LLC acquired a new position in Tesla in the second quarter valued at approximately $3,359,000. 66.20% of the stock is owned by institutional investors and hedge funds.

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 Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the sale, the chief financial officer owned 25,972 shares of the company's stock, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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. 19.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TSLA has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price target on Tesla from $475.00 to $445.00 and set a "neutral" rating on the stock in a research report on Thursday, July 23rd. Morgan Stanley reaffirmed a "mixed" rating on shares of Tesla in a research report on Wednesday, September 2nd. Truist Financial set a $370.00 target price on Tesla and gave the company a "hold" rating in a research note on Thursday, July 23rd. Royal Bank Of Canada reissued an "outperform" rating and set a $500.00 price target on shares of Tesla in a report on Tuesday, July 28th. Finally, Roth Capital restated a "buy" rating and set a $505.00 price target on shares of Tesla in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $401.74.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Cybercab rollout offers a potential new growth catalyst. The company has added 45 vehicles to its Austin fleet, and CEO Elon Musk says its redesigned manufacturing process could produce Cybercabs more than five times faster. Successful scaling could improve robotaxi economics and support Tesla’s AI ambitions. 45 Tesla Cybercabs are now roaming Austin
• Positive Sentiment: Slovenia’s approval of Tesla’s supervised Full Self-Driving system could support broader European authorization, potentially expanding software revenue and paving the way for a future Cybercab launch in Europe. Tesla FSD approval in Slovenia
• Neutral Sentiment: Analysts remain divided on whether Tesla can compete with Waymo and other autonomous-driving providers. Early Cybercab fares have varied substantially versus Uber, leaving the business model, safety performance and profitability unproven. Goldman Sachs maintained a Neutral rating with a $360 price target. Tesla Cybercab growth-driver analysis
• Neutral Sentiment: Tesla CFO Vaibhav Taneja sold 2,606 shares to cover tax withholding from vested equity awards. Because the transaction was tax-related, it is less concerning than a discretionary sale, though it may add modest sentiment pressure. Tesla CFO share sale
• Negative Sentiment: A House Democrat urged federal regulators to act after reports identified 43 videos apparently showing drivers asleep or disengaged while using Autopilot or Full Self-Driving. Additional scrutiny could delay deployments and increase Tesla’s legal and regulatory risks. Federal action urged over sleeping Tesla drivers
• Negative Sentiment: China remains a significant weakness. Tesla is offering discounts as domestic demand softens, which may support deliveries but further pressure already-thin automotive margins. Growing exports from Chinese manufacturers also threaten Tesla’s global pricing power. Tesla China discounts and margins
• Negative Sentiment: Questions surrounding Cybercab safety, self-certification and operating reliability—including criticism from Austin firefighters—are undermining confidence in Tesla’s aggressive robotaxi timeline. With the stock trading at a very high earnings multiple, setbacks to autonomy could trigger further downside.

Tesla Stock Down 1.2%

TSLA opened at $363.56 on Friday. The stock's 50 day moving average price is $354.27 and its 200 day moving average price is $381.50. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The stock has a market cap of $1.44 trillion, a P/E ratio of 336.63, a P/E/G ratio of 18.57 and a beta of 1.84. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly 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). The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company's revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 EPS. As a group, research analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current year.

Tesla Company 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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