Elevation Wealth Partners LLC Lowers Stock Holdings in Tesla, Inc. $TSLA

Elevation Wealth Partners LLC lowered its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 12.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,749 shares of the electric vehicle producer’s stock after selling 1,058 shares during the period. Tesla accounts for about 1.2% of Elevation Wealth Partners LLC’s holdings, making the stock its 19th biggest position. Elevation Wealth Partners LLC’s holdings in Tesla were worth $3,446,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of Tesla in the second quarter worth $11,839,824,000. Kingstone Capital Partners Texas LLC increased its stake in Tesla by 581,880.5% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer’s stock worth $2,044,683,000 after acquiring an additional 6,435,598 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of 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 in the last quarter. Amundi boosted its position in shares of Tesla by 29.4% during the 1st quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer’s stock valued at $4,482,789,000 after acquiring an additional 3,814,610 shares during the last quarter. Finally, Caxton Associates LLP bought a new stake in shares of Tesla during the 1st quarter valued at about $469,339,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla Price Performance

Shares of Tesla stock opened at $485.56 on Wednesday. The business has a 50 day moving average of $442.16 and a 200 day moving average of $383.92. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83. The company has a market cap of $1.61 trillion, a PE ratio of 323.71, a P/E/G ratio of 12.35 and a beta of 1.87. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. During the same period in the previous year, the firm earned $0.72 EPS. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. As a group, equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year.

Analyst Upgrades and Downgrades

TSLA has been the topic of a number of recent analyst reports. Piper Sandler reaffirmed an “overweight” rating and issued a $500.00 target price on shares of Tesla in a research note on Tuesday, December 9th. Industrial Alliance Securities set a $300.00 price objective on shares of Tesla in a research report on Monday, October 13th. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research report on Monday. China Renaissance raised their price target on Tesla from $349.00 to $380.00 and gave the company a “hold” rating in a research report on Friday, October 24th. Finally, Wedbush reiterated an “outperform” rating and issued a $600.00 price objective on shares of Tesla in a report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $414.50.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Autonomy/FSD progress: drivers and rivals praised Tesla’s latest Full Self‑Driving (Supervised) update (v14.2.2), supporting the company’s longer‑term robotaxi/AI narrative that’s lifting valuation expectations. Tesla’s New FSD Software Earns Solid Praise from Drivers and Competitors
• Positive Sentiment: Technical breakout toward $500: the stock recently printed fresh highs and is trading around a key psychological level; analysts argue that a sustained close above $500 would flip resistance into support and likely attract more momentum buyers. Tesla Is Knocking on $500 Again—Here’s What It Means For January
• Positive Sentiment: Analyst upgrades/price‑target lifts: Canaccord bumped its price target to $551 with a Buy rating and several other brokers (Deutsche Bank, Wedbush, Mizuho) have reiterated bullish targets — reinforcing buy‑side conviction into year‑end. Canaccord Adjusts Price Target on Tesla to $551 From $482
• Positive Sentiment: Legal win for CEO boosts sentiment: the Delaware Supreme Court reinstated Elon Musk’s 2018 compensation package, which earlier sparked rallies and reinforced CEO alignment with equity holders. That ruling helped lift sentiment into recent trading sessions. Stock Market Today: Tesla Shares Jump After Court Reinstates Elon Musk Pay Deal
• Neutral Sentiment: Mixed analyst signals: some firms raised price targets but flagged autonomy‑driven volatility or kept cautious ratings — expect continued headline‑driven swings rather than a steady trend. Truist Flags Autonomous Driving Volatility Despite Higher Tesla Price Target
• Neutral Sentiment: Social/market buzz: chatter on Cybertruck pricing, robotaxi timelines and heavy options activity is keeping TSLA in focus — fuels momentum but increases short‑term noise. Tesla Stock Opinions on Cybertruck Pricing and Robotaxi Developments
• Neutral Sentiment: Options and trading flows are elevated: heightened options interest can amplify intraday moves; monitor volume/put‑call skew if you trade volatility. Tesla’s Options Frenzy: What You Need to Know
• Negative Sentiment: Delivery and demand risk: a five‑star analyst warns Tesla may miss Q4 delivery targets and Canaccord also trimmed Q4 delivery estimates — near‑term delivery misses would be a clear negative catalyst. Five‑Star Analyst Says Tesla Likely to Miss Q4 Delivery Targets
• Negative Sentiment: Sales slowdown in key markets: reports show November European sales fell and BYD is gaining share — sustained share losses could pressure margins and growth expectations. Elon Musk‑Led Tesla’s European Decline Continues With November Sales Down Almost 12%
• Negative Sentiment: Regulatory/safety scrutiny: new reporting says Musk was warned years ago about electric door‑handle risks; regulators are now probing door failures — any recall or enforcement action would be costly and damaging to sentiment. Musk warned years ago about Tesla door handle safety risks: report
• Negative Sentiment: Bearish warnings and notable selling: at least one analyst reiterates a deep downside scenario (large implied drop), and ARK/Cathie Wood have trimmed TSLA exposure — these headlines can amplify downside if delivery or regulatory issues emerge. ‘Sell’ TSLA Stock Now? Analyst Predicts 50% Plunge in 2026

Insider Activity

In related news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.