Tesla, Inc. $TSLA Stock: Werba Rubin Papier Wealth Management Raises Holdings

Key Points

• Werba Rubin Papier Wealth Management increased its Tesla stake by 28.8% in the third quarter, adding 1,647 shares to hold 7,358 shares valued at about $2.61 million. Hedge funds and other institutions own 66.2% of Tesla stock.
• Tesla’s latest quarter beat analyst expectations for earnings per share, reporting $0.48 versus $0.46 expected, while revenue of $28.05 billion was slightly below forecasts and down 0.2% year over year.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $414.51. The article also notes Tesla’s high valuation, including a P/E ratio of 436.76.

Werba Rubin Papier Wealth Management lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 28.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,358 shares of the electric vehicle producer's stock after acquiring an additional 1,647 shares during the quarter. Werba Rubin Papier Wealth Management's holdings in Tesla were worth $2,611,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Legal & General Group Plc acquired a new position in Tesla in the 2nd quarter worth about $8,535,612,000. Bank of New York Mellon Corp purchased a new position in Tesla during the second quarter worth approximately $6,083,630,000. Deutsche Bank AG purchased a new position in Tesla during the second quarter worth approximately $4,039,090,000. Canada Pension Plan Investment Board acquired a new stake in Tesla in the second quarter valued at approximately $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Tesla in the second quarter valued at approximately $2,995,584,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Tesla

These are some of the TSLA headlines that stood out recently:

• Positive Sentiment: Progress in autonomy offers another potential growth narrative: Finland approved Tesla’s assisted-driving system, adding to the countries permitting it ahead of a broader EU decision. Tesla also says its Robotaxi service now runs around the clock in active cities, and reports say its registered Texas fleet has surpassed Waymo’s. Commercial scale and profitability have yet to be demonstrated. Article: Finland approves Tesla's Assisted Driving system Article: Tesla Robotaxi 24/7 operations
• Neutral Sentiment: Tesla plans to wind down Cybertruck production by summer 2027 and shift Texas capacity toward Cybercab, while CEO Elon Musk says production will continue to address the existing backlog. The pivot could free resources for autonomy, but its payoff depends on Cybercab execution and demand. Article: Tesla's Plan to End Cybertruck Reveals Its Real Priorities
• Negative Sentiment: Bearish commentary points to Tesla’s rich valuation and limited near-term profit growth. A separate report says Musk’s proposed chip-building ambitions could require enormous investment—potentially beyond Tesla’s cash-flow capacity—raising questions about funding and returns. Article: Tesla valuation downgrade Article: Musk's chip plan and Tesla cash flow

Tesla Trading Up 1.7%

Shares of Tesla stock opened at $397.45 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The firm has a market capitalization of $1.57 trillion, a PE ratio of 436.76, a P/E/G ratio of 24.21 and a beta of 1.74. The firm's 50-day moving average price is $374.47 and its 200 day moving average price is $383.25.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data 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. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. During the same period in the previous year, the business earned $0.50 EPS. Tesla's quarterly revenue was down .2% on a year-over-year basis. On average, sell-side analysts predict that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Wall Street Zen cut Tesla from a "hold" rating to a "sell" rating in a research report on Saturday, October 24th. The Goldman Sachs Group reiterated a "neutral" rating on shares of Tesla in a research report on Thursday, October 22nd. Robert W. Baird set a $475.00 price target on shares of Tesla in a research note on Monday, July 27th. Piper Sandler reissued an "overweight" rating and issued a $475.00 price target (up from $450.00) on shares of Tesla in a research note on Thursday, October 22nd. Finally, BNP Paribas Exane raised shares of Tesla from an "underperform" rating to a "neutral" rating and boosted their price target for the stock from $266.00 to $420.00 in a report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $414.51.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla 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 sale, the chief financial officer directly owned 25,972 shares of the company's stock, valued at $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by company insiders.

Tesla 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.

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