WNY Asset Management LLC Makes New $997,000 Investment in Tesla, Inc. $TSLA

Key Points

• WNY Asset Management acquired 2,683 Tesla shares worth approximately $997,000 during the first quarter. Institutional investors collectively own 66.2% of Tesla.
• Tesla’s latest quarter showed mixed results: revenue rose 25.5% year over year to $28.24 billion, but EPS of $0.33 missed estimates and margins and cash flow remain under pressure amid increased AI and autonomy spending.
• Investor sentiment is divided, with speculation about a Tesla-SpaceX combination and Tesla’s 10 millionth vehicle supporting the growth narrative, while a federal safety investigation and delayed robotaxi timelines add risk. Analysts have a consensus “Hold” rating with an average price target of $402.24.

WNY Asset Management LLC acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,683 shares of the electric vehicle producer's stock, valued at approximately $997,000.

Several other institutional investors have also modified their holdings of the stock. Networth Advisors LLC purchased a new stake in Tesla during the 4th quarter valued at $26,000. Chapman Financial Group LLC purchased a new position in Tesla during the second quarter worth $26,000. Davidson Capital Management Inc. increased its position in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after acquiring an additional 27 shares during the last quarter. Friedenthal Financial increased 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 acquiring an additional 30 shares during the last quarter. Finally, Prism Advisors Inc. purchased a new stake in shares of Tesla in the fourth quarter valued at $30,000. 66.20% of the stock is owned by institutional investors.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Reports that Tesla could separate or sell its China operations to facilitate a potential merger with SpaceX have fueled speculation that investors could gain exposure to a broader artificial-intelligence, robotics and space conglomerate. Elon Musk called the China-sale report “fake news,” however, making the potential transaction highly uncertain. Tesla reportedly might sell its China business ahead of a SpaceX merger
• Positive Sentiment: Tesla’s production of its 10 millionth electric vehicle provides a notable scale milestone and reinforces its long-term manufacturing credentials. Rising global EV demand and higher gasoline prices could also support industry growth. Tesla made its 10 millionth EV
• Positive Sentiment: A broad technology rally, stronger results from Microsoft and Amazon, and an oversold condition helped improve sentiment toward Tesla after its post-earnings selloff. Reports also cited encouraging European safety data for supervised Full Self-Driving. Why is Tesla stock rising
• Neutral Sentiment: Speculation about Tesla and SpaceX merging remains a major valuation catalyst, but no deal has been confirmed. A transaction could expand Tesla’s AI and autonomy narrative while also creating substantial regulatory, geopolitical and execution complexities. A Tesla/SpaceX merger may be on the horizon
• Negative Sentiment: The National Highway Traffic Safety Administration opened a preliminary investigation into approximately 1.2 million Tesla vehicles over reported suspension failures that could cause loss of steering control. Potential recalls, repair costs and additional scrutiny pose risks. US auto safety regulator probes Tesla vehicles
• Negative Sentiment: Investors continue to question Tesla’s robotaxi outlook after Elon Musk missed several previously announced timelines. Delays weaken the near-term case for the company’s exceptionally high valuation and increase pressure on the core EV business. Elon Musk has missed his own robotaxi timelines
• Negative Sentiment: Tesla’s latest quarter showed an EPS miss, sharply lower margins and negative cash flow while capital spending on AI and autonomy is rising. The combination of weaker current earnings and heavy investment is making investors less tolerant of execution setbacks. Tesla after a rough quarter

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. President Capital lifted their price target on shares of Tesla from $424.00 to $428.00 and gave the stock a "buy" rating in a research note on Monday, April 27th. TD Cowen reissued a "buy" rating and issued a $460.00 price objective (down from $490.00) on shares of Tesla in a research report on Thursday, July 23rd. Wedbush reissued an "outperform" rating and issued a $600.00 price objective on shares of Tesla in a research note on Tuesday, April 21st. Glj Research restated a "sell" rating on shares of Tesla in a research report on Tuesday, July 21st. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $485.00 target price (down from $510.00) on shares of Tesla in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $402.24.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company's stock.

Tesla Trading Up 0.8%

NASDAQ TSLA opened at $311.20 on Friday. The stock has a market cap of $1.23 trillion, a PE ratio of 288.15, a PEG ratio of 15.33 and a beta of 1.80. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The company's 50-day moving average price is $389.93 and its 200-day moving average price is $397.91. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share 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 the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company's quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 EPS. Equities research analysts forecast that Tesla, Inc. will post 0.89 earnings per share for the current year.

About Tesla

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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