X Square Capital LLC Makes New $2.94 Million Investment in Tesla, Inc. $TSLA

Key Points

• X Square Capital LLC acquired 6,978 Tesla shares worth approximately $2.94 million during the second quarter. Hedge funds and other institutional investors collectively own 66.20% of Tesla.
• Analyst sentiment is mixed: Tesla has an average “Hold” rating and a consensus price target of $401.74, with ratings ranging from Strong Buy to Sell.
• Tesla reported quarterly revenue of $28.24 billion, exceeding expectations, but EPS of $0.33 missed the $0.50 consensus estimate. The stock opened at $354.08, while its valuation remained elevated with a price-to-earnings ratio above 327.

X Square Capital LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,978 shares of the electric vehicle producer's stock, valued at approximately $2,935,000.

A number of other hedge funds have also modified their holdings of the business. Marks Group Wealth Management Inc lifted its position in Tesla by 1.7% during the 4th quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer's stock worth $680,000 after acquiring an additional 25 shares during the period. Clear Trail Advisors LLC increased its holdings in shares of Tesla by 1.6% in the 1st quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer's stock valued at $605,000 after purchasing an additional 25 shares in the last quarter. Peirce Capital Management LLC lifted its stake in shares of Tesla by 1.5% in the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer's stock valued at $697,000 after purchasing an additional 25 shares during the period. Brio Consultants LLC boosted its holdings in Tesla by 4.7% during the fourth quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer's stock worth $259,000 after buying an additional 26 shares in the last quarter. Finally, Community Bank & Trust Waco Texas grew its position in Tesla by 1.7% during the fourth quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer's stock worth $711,000 after buying an additional 26 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on TSLA shares. Roth Capital reissued a "buy" rating and set a $505.00 price target on shares of Tesla in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft set a $420.00 price objective on Tesla in a report on Monday, July 27th. Wells Fargo & Company reissued an "underweight" rating and issued a $130.00 target price (up from $125.00) on shares of Tesla in a report on Tuesday, July 14th. Oppenheimer restated a "market perform" rating on shares of Tesla in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Tesla from $475.00 to $445.00 and set a "neutral" rating on the stock in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $401.74.

Tesla Stock Performance

Tesla stock opened at $354.08 on Friday. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The company has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 327.85, a PEG ratio of 19.00 and a beta of 1.84. The stock has a fifty day moving average of $358.22 and a two-hundred day moving average of $383.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). The company had revenue of $28.24 billion during 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%. During the same quarter in the prior year, the company earned $0.33 earnings per share. The firm's revenue was up 25.5% compared to the same quarter last year. On average, analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Insider Activity

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

Key Tesla News

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

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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