Tesla, Inc. $TSLA Stock Holdings Cut by Fulcrum Asset Management LLP

Key Points

• Fulcrum Asset Management cut its Tesla stake by 11.7% in the third quarter, selling 2,778 shares and retaining 21,037 shares valued at $7.4 million.
• Analyst views remain broadly positive: Tesla has a Moderate Buy consensus rating and an average price target of $414.51, though ratings include 16 Holds and four Sells.
• Tesla reported quarterly EPS of $0.48, above estimates of $0.46, while revenue of $28.05 billion was slightly below forecasts and down 0.2% year over year.

Fulcrum Asset Management LLP cut its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 11.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,037 shares of the electric vehicle producer's stock after selling 2,778 shares during the quarter. Fulcrum Asset Management LLP's holdings in Tesla were worth $7,423,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TSLA. Allspring Global Investments Holdings LLC lifted its holdings in Tesla by 19.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 411,475 shares of the electric vehicle producer's stock worth $145,707,000 after purchasing an additional 68,233 shares in the last quarter. StoneRidge PMG Advisors LLC bought a new position in Tesla in the 3rd quarter worth about $1,523,000. Hager Investment Management Services LLC boosted its stake in Tesla by 3.6% in the 3rd quarter. Hager Investment Management Services LLC now owns 2,903 shares of the electric vehicle producer's stock worth $1,030,000 after purchasing an additional 100 shares during the period. Brickley Wealth Management grew its holdings in Tesla by 21.7% during the 3rd quarter. Brickley Wealth Management now owns 921 shares of the electric vehicle producer's stock valued at $327,000 after buying an additional 164 shares in the last quarter. Finally, Avion Wealth grew its holdings in Tesla by 6.0% during the 3rd quarter. Avion Wealth now owns 7,008 shares of the electric vehicle producer's stock valued at $2,486,000 after buying an additional 396 shares in the last quarter. Institutional investors own 66.20% of the company's stock.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 20.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. UBS Group upgraded Tesla from a "neutral" rating to a "buy" rating in a research report on Monday, October 26th. Piper Sandler restated an "overweight" rating and issued a $475.00 price objective (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 research note on Thursday, October 22nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Tesla in a research note on Monday, October 26th. They set a "buy" rating for the company. Finally, Wall Street Zen lowered shares of Tesla from a "hold" rating to a "sell" rating in a report on Saturday, October 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, Tesla presently has an average rating of "Moderate Buy" and a consensus price target of $414.51.

Tesla Price Performance

Tesla stock opened at $358.22 on Monday. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The business has a 50-day simple moving average of $372.14 and a 200 day simple moving average of $384.35. 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 stock has a market cap of $1.42 trillion, a price-to-earnings ratio of 393.65, a PEG ratio of 22.19 and a beta of 1.74.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results 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 business had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. During the same period in the prior year, the company earned $0.50 EPS. The company's quarterly revenue was down .2% compared to the same quarter last year. On average, research analysts forecast that Tesla, Inc. will post 0.67 earnings per share for the current fiscal year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

About Tesla

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.

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