Tesla, Inc. $TSLA Stake Boosted by ProShare Advisors LLC

Key Points

• ProShare Advisors increased its Tesla stake by 7.5% in the third quarter, adding 159,722 shares to hold 2.28 million shares worth approximately $810 million. Institutional investors collectively own 66.2% of Tesla.
• Tesla reported third-quarter EPS of $0.48, slightly above estimates, on $28.05 billion in revenue, while free cash flow reached $1.5 billion. Growth initiatives include robotaxis, AI, Optimus and energy storage, but rising development costs and execution concerns remain risks.
• Analyst sentiment is mixed but leans positive, with Tesla carrying a “Moderate Buy” consensus and an average price target of $414.51. CFO Vaibhav Taneja sold 2,606 shares primarily to cover tax withholding on vested equity awards.

ProShare Advisors LLC lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 7.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,283,055 shares of the electric vehicle producer's stock after purchasing an additional 159,722 shares during the period. Tesla accounts for about 1.2% of ProShare Advisors LLC's portfolio, making the stock its 12th largest position. ProShare Advisors LLC owned 0.06% of Tesla worth $810,051,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TSLA. Security National Bank of Sioux City Iowa IA bought a new stake in shares of Tesla during the second quarter worth about $25,000. Harborfront Financial Group LLC purchased a new position in Tesla in the second quarter worth about $34,000. Montgomery Financial Services LLC bought a new position in Tesla in the 2nd quarter worth $40,000. Timbuktu Capital Management LLC bought a new stake in Tesla in the second quarter worth $42,000. Finally, Navigoe LLC bought a new stake in shares of Tesla during the second quarter valued at approximately $45,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the sale, the chief financial officer directly 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 Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 20.00% of the company's stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s robotaxi business continues to generate optimism. The company added a Quiet Mode to Model Y robotaxis after driverless miles reportedly increased eightfold, potentially improving passenger comfort and supporting broader adoption. Tesla Adds Sleep-Friendly Robotaxi Feature After Driverless Miles Surge Eightfold
• Positive Sentiment: Analysts and financial commentators pointed to Cybercab, robotaxis, Optimus and AI as potential growth engines that could create new revenue streams beyond vehicle sales. Tesla’s European registrations also reached a record in September, with the Model Y and Model 3 ranking first and second. Tesla Could Be About to Unlock a Brand-New Revenue Stream
• Positive Sentiment: Tesla generated $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion, suggesting some capital discipline despite continued investment in AI, robotics and autonomy. Tesla's Free Cash Flow Beat
• Neutral Sentiment: A possible Tesla-SpaceX merger remains a major source of speculative upside, but Bank of America warned that Chinese regulatory approval could be a significant obstacle, particularly because Tesla’s Shanghai operations could become linked to a U.S. defense contractor. Tesla-SpaceX Merger Could Face Regulatory Risk in China
• Negative Sentiment: A Seeking Alpha downgrade argued that Tesla’s valuation already discounts ambitious promises whose timelines continue to slip. Rising research and development spending for AI, Optimus and driverless vehicles is also pressuring operating profits. Tesla Paying Peak Multiples for Promises That Keep Slipping
• Negative Sentiment: Competition and execution concerns remain. Chinese rival XPeng promoted more commercially viable flying-car technology, Rivian is developing a competing autonomy strategy, and Tesla reportedly halted Cybertruck reservations and sales plans in Australia and New Zealand. Tesla Stock Falls as China Promotes Flying Cars

Tesla Price Performance

Shares of TSLA stock opened at $399.81 on Friday. The firm has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 439.36, a PEG ratio of 24.77 and a beta of 1.92. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The stock's 50-day simple moving average is $369.61 and its 200-day simple moving average is $385.81. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The company's quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.50 earnings per share. As a group, equities analysts forecast that Tesla, Inc. will post 0.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on TSLA. Royal Bank Of Canada lowered Tesla from an "outperform" rating to a "sector perform" rating in a report on Thursday, October 22nd. Piper Sandler reissued an "overweight" rating and set a $475.00 target price (up from $450.00) on shares of Tesla in a research report on Thursday, October 22nd. Canaccord Genuity Group set a $442.00 price objective on shares of Tesla and gave the company a "buy" rating in a report on Thursday, October 22nd. CLSA restated an "underperform" rating on shares of Tesla in a research note on Monday, October 26th. Finally, Wells Fargo & Company restated a "buy" rating on shares of Tesla in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tesla currently has a consensus rating of "Moderate Buy" and an average price target of $414.51.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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