Wealthfront Advisers LLC Buys 14,419 Shares of Tesla, Inc. $TSLA

Wealthfront Advisers LLC increased its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 3.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 408,545 shares of the electric vehicle producer's stock after buying an additional 14,419 shares during the period. Wealthfront Advisers LLC's holdings in Tesla were worth $183,731,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Networth Advisors LLC acquired a new stake in Tesla in the 4th quarter worth about $26,000. Davidson Capital Management Inc. raised its stake in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in Tesla in the 3rd quarter worth about $30,000. Manning & Napier Advisors LLC bought a new stake in shares of Tesla during the 3rd quarter valued at $29,000. Finally, Prism Advisors Inc. acquired a new stake in shares of Tesla during the 4th quarter worth $30,000. Institutional investors own 66.20% of the company's stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: NHTSA closes the steering‑wheel probe on ~120,089 Model Y vehicles without requiring a recall — removes a near‑term regulatory overhang and reduces litigation/regulatory uncertainty. US ends probe on Tesla Model Y vehicles without manufacturer action
• Positive Sentiment: Q1 results: Tesla beat EPS estimates but missed on revenue — margin recovery and the EPS beat help justify current valuation for bulls, even though top‑line growth was softer than some hoped. Tesla, Inc. (TSLA) Falls Shy of Revenue, Beats on Profit in Q1
• Positive Sentiment: Company is accelerating investments in AI, robotics and custom chips — bolsters long‑term growth/“physical AI” narrative (robotaxi, Optimus, autonomy) that underpins much of Tesla’s premium valuation. TESLA (TSLA) To Boost Investments in AI, Robotics and Chips
• Neutral Sentiment: Wall Street is sharply divided on fair value — new analyst targets range from ~$220 to $428, which increases short‑term volatility and the chance of headline‑driven trading. Wall Street Can’t Agree on Tesla: New Analyst Targets Range From $220 to $428
• Neutral Sentiment: Large block of Elon Musk’s 2018 compensation shares registered — legal/administrative release of 304M shares could pressure sentiment even if actual selling is gradual. Elon Musk is about to get a lot richer, as Tesla fulfills 2018 compensation plan
• Negative Sentiment: A planned ~$25 billion 2026 capex program alarmed investors — the aggressive spending outlook pushes free cash flow negative for the year and is the main proximate cause of downward pressure on the stock. Investors Are Panicking About $25 Billion in Spending at Tesla
• Negative Sentiment: Governance/related‑party scrutiny heats up after reporting on Musk borrowing from SpaceX — raises investor concern about capital allocation and founder conduct. Elon Musk Reportedly Used SpaceX As 'Piggy Bank' To Give Himself, Tesla A Leg Up
• Negative Sentiment: Emerging market‑manipulation risk: reports of fake‑account campaigns targeting Tesla narratives could distort sentiment and amplify swings. EXCLUSIVE: Fake-Account Attack On Tesla Exposes Bigger Threat To US Stocks

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TSLA. Cantor Fitzgerald restated an "overweight" rating and issued a $510.00 price target on shares of Tesla in a research report on Wednesday, April 22nd. Canaccord Genuity Group raised their price target on Tesla from $420.00 to $450.00 and gave the stock a "buy" rating in a research report on Thursday, April 23rd. BNP Paribas Exane upgraded Tesla from an "underperform" rating to a "neutral" rating in a research report on Monday. Roth Mkm reaffirmed a "buy" rating on shares of Tesla in a report on Thursday. Finally, HSBC assumed coverage on shares of Tesla in a report on Monday. They set a "buy" rating for the company. Nineteen equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $398.42.

Insider Buying and Selling

In related news, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. This represents a 11.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the company's stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the transaction, the director owned 33,860 shares of the company's stock, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is owned by corporate insiders.

Tesla Stock Performance

Shares of Tesla stock opened at $378.67 on Tuesday. The company has a 50 day moving average of $385.16 and a 200-day moving average of $420.14. Tesla, Inc. has a 1-year low of $270.78 and a 1-year high of $498.83. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.42 trillion, a PE ratio of 347.40, a price-to-earnings-growth ratio of 13.29 and a beta of 1.91.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm's quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 EPS. As a group, equities research analysts forecast that Tesla, Inc. will post 1.35 earnings per share for the current fiscal year.

Tesla Company Profile

Tesla, Inc NASDAQ: TSLA is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company's stated mission is to accelerate the world's transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla's automotive business includes a lineup of battery‑electric vehicles and related services.

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