Tesla, Inc. $TSLA Shares Sold by Encompass More Asset Management

Encompass More Asset Management lowered its stake in Tesla, Inc. (NASDAQ:TSLA) by 25.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 18,165 shares of the electric vehicle producer’s stock after selling 6,070 shares during the quarter. Tesla accounts for about 1.5% of Encompass More Asset Management’s portfolio, making the stock its 15th biggest holding. Encompass More Asset Management’s holdings in Tesla were worth $8,079,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Westend Capital Management LLC purchased a new stake in shares of Tesla during the third quarter worth about $32,000. Chapman Financial Group LLC acquired a new stake in Tesla in the 2nd quarter worth about $26,000. LGT Financial Advisors LLC purchased a new stake in Tesla during the 2nd quarter worth approximately $29,000. CoreFirst Bank & Trust acquired a new position in shares of Tesla during the second quarter valued at approximately $30,000. Finally, ESL Trust Services LLC lifted its position in shares of Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after acquiring an additional 95 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on the company. China Renaissance increased their price objective on Tesla from $349.00 to $380.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Roth Capital set a $505.00 target price on shares of Tesla and gave the company a “buy” rating in a research report on Thursday, October 23rd. HSBC restated a “reduce” rating on shares of Tesla in a research report on Monday, November 17th. President Capital increased their price objective on shares of Tesla from $373.00 to $529.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Baird R W raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $414.50.

Tesla Stock Performance

Tesla stock opened at $454.31 on Wednesday. The firm has a 50 day simple moving average of $445.45 and a 200-day simple moving average of $389.22. The stock has a market cap of $1.51 trillion, a price-to-earnings ratio of 302.87, a price-to-earnings-growth ratio of 11.61 and a beta of 1.87. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. The firm had revenue of $28.10 billion for the quarter, compared to analysts’ expectations of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 earnings per share. On average, analysts expect that Tesla, Inc. will post 2.56 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. This trade represents a 16.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. The trade was a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 19.90% of the company’s stock.

Key Stores Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Baird reiterated a Buy and a $548 price target, highlighting long-term robotaxi, Optimus and energy catalysts that support a premium valuation and give bulls a reason to hold through short-term delivery weakness. Analyst revises Tesla stock price target
• Positive Sentiment: Tesla’s Full Self-Driving fleet just neared 7 billion miles driven (2.5B in urban streets), reinforcing the company’s data advantage for autonomous/robotaxi ambitions — a key long-term narrative investors prize. Tesla FSD Approaches 7B Miles
• Neutral Sentiment: Robotaxi competition is intensifying (Waymo expanding in 2026), which raises both the opportunity and competitive risk for Tesla’s robo-taxi timeline — watch execution and regulatory progress. Tesla and Waymo: Robotaxi competition set to heat up in 2026
• Neutral Sentiment: Some investors and funds (e.g., Contrarius) still call Tesla undervalued, providing pockets of institutional support that can cushion downside if short-term results disappoint. Contrarius believes Tesla remains undervalued
• Negative Sentiment: Tesla unusually published a company-compiled consensus showing Q4 deliveries are expected to fall ~15% year-over-year (~422,850), signaling a near-term demand pullback and prompting investor concern ahead of the official delivery report. Tesla previews a drop in its upcoming Q4 deliveries in unusual move
• Negative Sentiment: Reuters and other outlets report Q4 deliveries seen falling as loss of tax credits, rising competition and weaker demand weigh on volumes — a concrete near‑term revenue risk. Tesla quarterly deliveries seen falling
• Negative Sentiment: Battery-supply/accounting shock: South Korea’s L&F cut the disclosed value of its Tesla deal from ~$2.9B to just $7,386, and reports point to weak Cybertruck demand — a signal of reduced future revenue for related suppliers and questions about product traction. L&F says value of battery deal with Tesla cut to $7,386
• Negative Sentiment: Product and quality concerns (Cybertruck slow sales, alleged returns, door safety probe reports) plus portfolio trimming by notable holders (e.g., Cathie Wood selling some TSLA) add selling pressure. Cathie Wood Is Selling Tesla Stock Yet Again

Tesla Company 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.