Tesla, Inc. $TSLA Stock Purchased by Gerber Kawasaki Wealth & Investment Management

Key Points

• Gerber Kawasaki increased its Tesla position by 2.5% in the third quarter, adding 6,901 shares for a total of 286,898 shares valued at approximately $101.8 million. Tesla represents about 2.6% of the firm’s portfolio.
• Analyst sentiment remains broadly positive, with Tesla receiving a “Moderate Buy” consensus rating and an average price target of $414.51. Mizuho raised its target to $460, while Morgan Stanley upgraded the stock to “overweight.”
• Tesla’s growth outlook is supported by improving European registrations, robotaxi expansion and a 2,500-truck Semi order, but competition in China, declining market share and an elevated P/E ratio of 443.76 remain significant risks.

Gerber Kawasaki Wealth & Investment Management increased its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 2.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 286,898 shares of the electric vehicle producer's stock after buying an additional 6,901 shares during the period. Tesla accounts for about 2.6% of Gerber Kawasaki Wealth & Investment Management's investment portfolio, making the stock its 9th biggest position. Gerber Kawasaki Wealth & Investment Management's holdings in Tesla were worth $101,794,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TSLA. Security National Bank of Sioux City Iowa IA purchased a new stake in shares of Tesla during the 2nd quarter worth approximately $25,000. Harborfront Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter valued at approximately $34,000. Montgomery Financial Services LLC purchased a new position in shares of Tesla in the second quarter valued at $40,000. Timbuktu Capital Management LLC purchased a new position in shares of Tesla in the second quarter valued at $42,000. Finally, Navigoe LLC bought a new stake in Tesla in the second quarter worth $45,000. 66.20% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on TSLA. Mizuho increased their price objective on shares of Tesla from $450.00 to $460.00 and gave the company an "outperform" rating in a research report on Thursday, October 22nd. KeyCorp upgraded shares of Tesla to a "sector weight" rating in a report on Monday, September 28th. Morgan Stanley upgraded shares of Tesla from a "reduce" rating to an "overweight" rating in a research report on Monday, October 26th. Wells Fargo & Company reaffirmed a "buy" rating on shares of Tesla in a report on Thursday, October 1st. Finally, Truist Financial set a $370.00 price target on Tesla and gave the stock a "hold" rating in a research report on Thursday, July 23rd. One 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 given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $414.51.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European registrations rebounded sharply. October registrations rose 248% year over year in Sweden, 131% in Norway, 34% in Denmark, 186.1% in Portugal and 94% in Italy. The data suggest Tesla’s sales decline in Europe may be stabilizing, although comparisons may benefit from a weak prior-year period. Tesla registrations surge across Northern Europe in October
• Positive Sentiment: Robotaxi expansion strengthened Tesla’s long-term growth narrative. Tesla’s Texas robotaxi fleet reportedly reached 1,244 vehicles, nearly matching Waymo, while planned expansion into additional cities and Nevada approvals could increase recurring, software-related revenue. Analysts also highlighted Tesla’s potential cost advantage over Waymo vehicles. Tesla's 128% Robotaxi Surge Puts It Just 15 Cars Behind Waymo
• Positive Sentiment: Commercial vehicle demand provided another potential catalyst. A shipper alliance placed an order for 2,500 Tesla Semi trucks, potentially improving production scale and validating Tesla’s position in electric freight. Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight
• Neutral Sentiment: SpaceX merger speculation remained a major valuation wildcard. Analysts modeled potential reactions to an all-stock combination, while investor Gary Black warned that large, complex transactions can pressure the acquiring company’s shares. Any deal could add exposure to SpaceX’s growth but also create dilution, governance and execution risks. Analyst models potential market reaction to a SpaceX-Tesla all-stock merger
• Negative Sentiment: China competition continued to worsen. BYD, Xiaomi and XPeng reported strong October sales, while Tesla is relying more heavily on Shanghai exports. This raises concerns about pricing pressure, local market share and Tesla’s ability to sustain growth in its most important production hub. Tesla's China Problem Gets Harder to Ignore
• Negative Sentiment: Valuation and market-share risks remain substantial. Investor Gary Black said Tesla’s U.S. EV share has fallen sharply and called for better marketing. With Tesla trading at an exceptionally high earnings multiple, further share losses or delays in autonomy monetization could weigh on the stock. Gary Black warns Tesla needs better marketing

Insider Activity 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 transaction of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 20.00% of the company's stock.

Tesla Stock Up 1.0%

Shares of TSLA opened at $403.82 on Tuesday. 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 has a fifty day moving average of $370.43 and a 200 day moving average of $385.59. The company has a market cap of $1.60 trillion, a PE ratio of 443.76, a P/E/G ratio of 25.04 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 posted its quarterly earnings data 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 business had revenue of $28.05 billion for the quarter, compared to analysts' expectations of $28.06 billion. During the same quarter in the previous year, the business posted $0.50 earnings per share. The business's revenue was down .2% compared to the same quarter last year. On average, sell-side analysts expect that Tesla, Inc. will post 0.67 EPS for the current year.

About Tesla

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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