Yousif Capital Management LLC Sells 2,113 Shares of Tesla, Inc. $TSLA

Key Points

• Yousif Capital Management reduced its Tesla stake by 2,113 shares, or 0.8%, leaving it with 277,971 shares valued at approximately $98.6 million. Institutional investors collectively own 66.2% of Tesla.
• Tesla slightly beat third-quarter earnings expectations with adjusted EPS of $0.48, but revenue was essentially flat at $28.05 billion, automotive revenue declined 3%, and GAAP operating income fell 56% year over year.
• TSLA traded down 0.6% to $372.22, while analysts remained divided; the stock carries a consensus “Hold” rating and an average price target of $408.61 amid optimism over autonomy and robotics but concerns about execution and reduced capital spending.

Yousif Capital Management LLC cut its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 0.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 277,971 shares of the electric vehicle producer's stock after selling 2,113 shares during the quarter. Tesla makes up approximately 1.1% of Yousif Capital Management LLC's portfolio, making the stock its 13th largest holding. Yousif Capital Management LLC's holdings in Tesla were worth $98,627,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of TSLA. Security National Bank of Sioux City Iowa IA purchased a new stake in Tesla in the 2nd quarter valued at approximately $25,000. 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 worth $28,000 after buying an additional 30 shares in the last quarter. Harborfront Financial Group LLC acquired a new position in shares of Tesla in the second quarter worth $34,000. Lam Group Inc. acquired a new position in shares of Tesla in the first quarter worth $37,000. Finally, Montgomery Financial Services LLC purchased a new stake in shares of Tesla in the second quarter valued at $40,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
• Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
• Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
• Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
• Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
• Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
• Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
• Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.

Tesla Trading Down 0.6%

TSLA traded down $2.36 during midday trading on Friday, hitting $372.22. The company's stock had a trading volume of 34,679,783 shares, compared to its average volume of 36,818,196. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The firm has a 50-day moving average price of $364.01 and a two-hundred day moving average price of $377.22. The company has a current ratio of 1.74, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.47 trillion, a P/E ratio of 409.04, a PEG ratio of 23.78 and a beta of 1.92.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The company had revenue of $28.05 billion during the quarter, compared to analysts' expectations of $28.06 billion. During the same period in the previous year, the company earned $0.50 EPS. The business's quarterly revenue was down .2% compared to the same quarter last year. On average, research analysts anticipate that Tesla, Inc. will post 0.71 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through 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 corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. HSBC reaffirmed a "reduce" rating and set a $157.00 price objective on shares of Tesla in a research note on Monday, October 5th. Needham & Company LLC reissued a "hold" rating on shares of Tesla in a research note on Thursday. Wall Street Zen lowered shares of Tesla from a "hold" rating to a "sell" rating in a report on Saturday. Morgan Stanley raised their price target on shares of Tesla from $400.00 to $410.00 and gave the stock an "equal weight" rating in a research note on Thursday. Finally, BMO Capital Markets initiated coverage on shares of Tesla in a report on Monday, August 17th. They set an "outperform" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, twenty have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $408.61.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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