Tesla, Inc. $TSLA Stock Position Decreased by Privium Fund Management B.V.

Key Points

• Privium Fund Management trimmed its Tesla stake by 1.3%, selling 3,000 shares in the third quarter and retaining 225,000 shares worth about $79.8 million. Tesla remains its largest holding, accounting for 15.2% of its portfolio.
• Tesla reported quarterly EPS of $0.48, slightly above estimates, while revenue of $28.05 billion was essentially in line and down 0.2% year over year. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $414.51.
• Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for Cybercab robotaxis. The shift reflects ambitions in autonomy but carries execution risks amid Cybertruck sales and quality concerns, and uncertainty over Cybercab adoption and regulatory approval.

Privium Fund Management B.V. cut its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 1.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 225,000 shares of the electric vehicle producer's stock after selling 3,000 shares during the quarter. Tesla accounts for 15.2% of Privium Fund Management B.V.'s investment portfolio, making the stock its biggest holding. Privium Fund Management B.V.'s holdings in Tesla were worth $79,832,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Bamco Inc. NY increased its position in Tesla by 5.0% during the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock worth $5,267,911,000 after purchasing an additional 591,243 shares in the last quarter. One Plus One Wealth Management LLC acquired a new position in Tesla in the 2nd quarter valued at about $1,009,000. Bessemer Group Inc. lifted its holdings in Tesla by 23.6% in the 1st quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer's stock valued at $20,908,000 after purchasing an additional 10,747 shares in the last quarter. H&H International Investment LLC purchased a new position in Tesla in the 1st quarter valued at about $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in shares of Tesla by 12.4% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer's stock worth $15,470,000 after purchasing an additional 4,806 shares during the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Tesla News

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TSLA. Wall Street Zen downgraded shares of Tesla from a "hold" rating to a "sell" rating in a report on Saturday, October 24th. Yorkville Ives began coverage on shares of Tesla in a research note on Wednesday, October 7th. They set an "outperform" rating and a $500.00 price objective on the stock. Jefferies Financial Group upgraded shares of Tesla from a "hold" rating to a "buy" rating in a research report on Monday, October 26th. Stifel Nicolaus set a $475.00 target price on shares of Tesla in a research note on Thursday, October 22nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Tesla from $415.00 to $430.00 and gave the stock a "neutral" rating in a research note on Thursday, October 22nd. One equities 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $414.51.

Tesla Trading Up 4.2%

TSLA stock traded up $14.53 on Friday, hitting $358.22. 36,597,110 shares of the company were exchanged, compared to its average volume of 36,353,072. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. The stock has a market capitalization of $1.42 trillion, a price-to-earnings ratio of 393.65, a price-to-earnings-growth ratio of 25.01 and a beta of 1.74. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The business's fifty day moving average is $372.14 and its two-hundred day moving average is $384.35.

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

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction 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 owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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. Company insiders own 20.00% of the company's stock.

Tesla Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.