Clarius Group LLC reduced its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 43.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 13,350 shares of the electric vehicle producer’s stock after selling 10,249 shares during the period. Clarius Group LLC’s holdings in Tesla were worth $5,937,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after acquiring an additional 4,502,976 shares during the period. Geode Capital Management LLC raised its position in shares of Tesla by 2.0% in the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock valued at $20,480,477,000 after purchasing an additional 1,269,304 shares during the period. Norges Bank acquired a new stake in shares of Tesla during the 2nd quarter worth about $11,839,824,000. Legal & General Group Plc boosted its holdings in shares of Tesla by 5.9% during the 2nd quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock worth $6,424,705,000 after buying an additional 1,134,678 shares during the period. Finally, Amundi grew its stake in Tesla by 20.4% in the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after buying an additional 3,422,270 shares during the last quarter. 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: Delaware Supreme Court restored Elon Musk’s 2018 compensation package, ending a long legal overhang and materially improving investor sentiment and governance clarity around the payout. This ruling is cited repeatedly as the main reason TSLA is trading higher today. Stock Market Today, Dec. 22: Tesla Shares Jump After Court Reinstates Elon Musk Pay Deal
- Positive Sentiment: Autonomous-driving credibility lift: Tesla’s fleet reportedly kept operating during the San Francisco blackout while Waymo paused service, reinforcing Tesla’s robotaxi PR and safety narrative. That operational resilience is supporting positive investor flows into TSLA. Waymo pauses robotaxi service in San Francisco after blackout chaos — Musk says Tesla car service unaffected
- Positive Sentiment: Analyst/target support: Deutsche Bank raised a price target (and other brokers have reiterated buy/outperform ratings), providing institutional validation that helps momentum. Deutsche Bank Boosts Tesla Price Target to $500
- Neutral Sentiment: Goldman Sachs reiterated a Neutral rating amid a California regulatory review — indicates limited near‑term fundamental downgrade risk but also less upside from that shop. Goldman Reiterates Neutral on Tesla
- Neutral Sentiment: Patent filing suggests potential Starlink dish integration in vehicle roofs — interesting product/ARPU upside but speculative and longer‑dated. New Patent Signals Tesla Could Integrate Starlink Dish
- Negative Sentiment: Demand concerns: coverage highlights that Tesla is on track for a second straight year of declining EV sales and faces stiff competition from BYD and lower-cost rivals — a fundamental risk if deliveries miss expectations. Should You Buy Tesla Stock Before Jan. 2?
- Negative Sentiment: Investor caution and structural questions: commentary about a potential loss of an “Elon Musk premium” after a SpaceX IPO and calls from some outlets to sell into the rally add volatility risk and could cap further near‑term gains. Will Tesla Stock Lose Its ‘Elon Musk Premium’ After the SpaceX IPO?
Insider Buying and Selling
Tesla Stock Up 1.6%
Shares of NASDAQ TSLA opened at $488.73 on Tuesday. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83. The stock’s fifty day moving average is $441.03 and its 200 day moving average is $382.58. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. The stock has a market capitalization of $1.63 trillion, a P/E ratio of 325.82, a PEG ratio of 12.02 and a beta of 1.87.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The firm had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share. Sell-side analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Tesla from $115.00 to $150.00 in a report on Friday, October 3rd. Glj Research restated a “sell” rating on shares of Tesla in a research note on Wednesday, October 22nd. Evercore ISI upped their price objective on Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Canaccord Genuity Group dropped their target price on Tesla from $490.00 to $482.00 and set a “buy” rating for the company in a report on Thursday, October 23rd. Finally, DZ Bank restated a “sell” rating on shares of Tesla in a research note on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $404.14.
Get Our Latest Stock Analysis on TSLA
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.
Featured Articles
- Five stocks we like better than Tesla
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- The Last Gold Bull Market
Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
