William Blair Investment Management LLC Buys New Stake in Tesla, Inc. $TSLA

Key Points

• William Blair Investment Management purchased 7,108 Tesla shares during the second quarter, worth approximately $2.99 million. Institutional investors collectively own 66.2% of Tesla’s outstanding stock.
• Tesla reported quarterly revenue of $28.24 billion, above expectations, but EPS of $0.33 missed the $0.50 consensus estimate. The stock opened at $354.08, while its average analyst rating remains “Hold” with a consensus price target of $401.74.
• Tesla’s autonomous-driving ambitions face both opportunities and risks: limited Cybercab rides began in Austin, but an NHTSA audit of nearly 1,000 vehicles and concerns about commercialization, safety compliance and valuation could delay the rollout.

William Blair Investment Management LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to its most recent filing with the SEC. The fund purchased 7,108 shares of the electric vehicle producer's stock, valued at approximately $2,990,000.

A number of other institutional investors have also recently made changes to their positions in TSLA. Chapman Financial Group LLC purchased a new position in shares of Tesla in the second quarter valued at $26,000. Friedenthal Financial lifted its position in Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 30 shares during the last quarter. Turning Point Benefit Group Inc. bought a new position in Tesla during the third quarter valued at $30,000. Texas Capital Bancshares Inc TX bought a new stake in shares of Tesla in the 3rd quarter worth about $31,000. Finally, Harborfront Financial Group LLC purchased a new stake in shares of Tesla during the 2nd quarter valued at about $34,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Tesla Stock Performance

TSLA stock opened at $354.08 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The business's fifty day simple moving average is $358.22 and its two-hundred day simple moving average is $383.10. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The firm has a market cap of $1.40 trillion, a price-to-earnings ratio of 327.85, a PEG ratio of 19.00 and a beta of 1.84.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analysts' expectations of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm's revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.33 earnings per share. Analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on TSLA. JPMorgan Chase & Co. decreased their price objective on Tesla from $475.00 to $445.00 and set a "neutral" rating on the stock in a research report on Thursday, July 23rd. Jefferies Financial Group set a $400.00 price target on Tesla and gave the company a "hold" rating in a report on Monday, July 13th. Erste Group Bank raised shares of Tesla from a "sell" rating to a "hold" rating in a research note on Friday, June 5th. The Goldman Sachs Group assumed coverage on shares of Tesla in a research report on Friday, June 5th. They set a "buy" rating on the stock. Finally, HSBC restated a "hold" rating on shares of Tesla in a report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $401.74.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares of the company's stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

Tesla 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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