Tesla, Inc. $TSLA Stock: Greenup Street Wealth Management LLC Raises Position

Key Points

• Greenup Street Wealth Management increased its Tesla position by 20.1% in the third quarter, bringing its holdings to 17,172 shares valued at approximately $6.1 million. Institutional investors collectively own 66.2% of Tesla.
• Tesla reported quarterly earnings of $0.48 per share, exceeding estimates of $0.46, while revenue of $28.05 billion was essentially in line with forecasts and declined slightly year over year.
• Wall Street maintains a “Moderate Buy” consensus with an average price target of $414.51, though analysts remain divided over Tesla’s exceptionally high valuation, rising AI and autonomy costs, and execution and competitive risks.

Greenup Street Wealth Management LLC grew its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 20.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,172 shares of the electric vehicle producer's stock after purchasing an additional 2,879 shares during the period. Tesla comprises about 0.7% of Greenup Street Wealth Management LLC's investment portfolio, making the stock its 25th biggest holding. Greenup Street Wealth Management LLC's holdings in Tesla were worth $6,093,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Petros Family Wealth LLC lifted its holdings in shares of Tesla by 31.6% during the 3rd quarter. Petros Family Wealth LLC now owns 2,197 shares of the electric vehicle producer's stock valued at $780,000 after buying an additional 527 shares during the period. DWM Financial Group Inc. bought a new stake in shares of Tesla in the third quarter worth $226,000. Arta Finance Wealth Management LLC grew its holdings in shares of Tesla by 19.8% in the third quarter. Arta Finance Wealth Management LLC now owns 12,902 shares of the electric vehicle producer's stock worth $4,578,000 after acquiring an additional 2,131 shares during the period. Whelan Financial grew its holdings in shares of Tesla by 13.9% in the third quarter. Whelan Financial now owns 3,698 shares of the electric vehicle producer's stock worth $1,312,000 after acquiring an additional 450 shares during the period. Finally, Raleigh Capital Management Inc. increased its position in Tesla by 4.4% during the third quarter. Raleigh Capital Management Inc. now owns 3,696 shares of the electric vehicle producer's stock valued at $1,312,000 after acquiring an additional 157 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock.

Tesla Price Performance

NASDAQ:TSLA opened at $399.81 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. The business's 50-day simple moving average is $369.61 and its two-hundred day simple moving average is $385.81. The stock has a market cap of $1.58 trillion, a PE ratio of 439.36, a P/E/G ratio of 24.98 and a beta of 1.92. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83.

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

More 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

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The stock was 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 of the company's stock, valued at approximately $9,353,296.36. The trade was 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. Company insiders own 20.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TSLA shares. Canaccord Genuity Group set a $442.00 target price on Tesla and gave the company a "buy" rating in a report on Thursday, October 22nd. BMO Capital Markets started coverage on Tesla in a research note on Monday, August 17th. They set an "outperform" rating for the company. Deutsche Bank Aktiengesellschaft began coverage on Tesla in a research note on Monday. They set a "buy" rating for the company. JPMorgan Chase & Co. upped their price target on shares of Tesla from $415.00 to $430.00 and gave the company a "neutral" rating in a research report on Thursday, October 22nd. Finally, Barclays upgraded shares of Tesla from an "outperform" rating to an "overweight" rating and increased their price objective for the stock from $370.00 to $450.00 in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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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