Tesla, Inc. $TSLA Stake Boosted by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 93.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,826 shares of the electric vehicle producer’s stock after purchasing an additional 4,747 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Tesla were worth $4,370,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. PKO Investment Management Joint Stock Co grew its stake in Tesla by 5.0% during the 3rd quarter. PKO Investment Management Joint Stock Co now owns 55,550 shares of the electric vehicle producer’s stock worth $24,704,000 after buying an additional 2,650 shares during the last quarter. Pinion Investment Advisors LLC lifted its stake in Tesla by 0.6% in the third quarter. Pinion Investment Advisors LLC now owns 14,324 shares of the electric vehicle producer’s stock valued at $6,213,000 after buying an additional 87 shares during the last quarter. Nordea Investment Management AB boosted its holdings in shares of Tesla by 2.4% during the third quarter. Nordea Investment Management AB now owns 1,399,001 shares of the electric vehicle producer’s stock valued at $615,630,000 after acquiring an additional 32,381 shares during the period. Allen Capital Group LLC grew its position in shares of Tesla by 8.8% during the third quarter. Allen Capital Group LLC now owns 6,529 shares of the electric vehicle producer’s stock worth $2,904,000 after acquiring an additional 527 shares during the last quarter. Finally, New Republic Capital LLC increased its holdings in shares of Tesla by 15.7% in the 3rd quarter. New Republic Capital LLC now owns 3,765 shares of the electric vehicle producer’s stock worth $1,674,000 after acquiring an additional 511 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Transactions at Tesla

In related news, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction that occurred on 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 sale, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 119,457 shares of company stock valued at $53,501,145 in the last quarter. Insiders own 19.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on TSLA shares. Benchmark restated a “buy” rating on shares of Tesla in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price objective on Tesla from $470.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Robert W. Baird raised Tesla from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $320.00 to $548.00 in a research note on Friday, September 19th. Wells Fargo & Company reissued an “underweight” rating and issued a $130.00 price target (up previously from $120.00) on shares of Tesla in a research note on Monday. Finally, Wedbush reissued an “outperform” rating and set a $600.00 price target on shares of Tesla in a report on Monday, December 15th. 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 MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $410.20.

Tesla Stock Down 1.8%

TSLA opened at $439.20 on Thursday. 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 company has a market capitalization of $1.46 trillion, a PE ratio of 292.80, a P/E/G ratio of 7.43 and a beta of 1.83. The stock’s fifty day moving average is $443.50 and its 200-day moving average is $397.63. Tesla, Inc. has a one year low of $214.25 and a one year high of $498.83.

Tesla (NASDAQ:TSLA) last released its earnings results 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. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same period in the previous year, the company earned $0.72 earnings per share. Tesla’s revenue was up 11.6% compared to the same quarter last year. On average, equities analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Subscription shift could lift recurring revenue and margin stability over time — investors who focus on predictable, high‑margin software revenue view the $99/month FSD model as a path to steadier cash flow. Musk says Tesla is moving Full Self-Driving to a monthly subscription
• Positive Sentiment: Tesla moved into mediation with the EEOC over a racial‑harassment lawsuit — resolving or narrowing the legal overhang could remove uncertainty for investors. Tesla agrees mediation that could resolve US agency’s racism lawsuit
• Positive Sentiment: Product and network progress: Tesla rolled out a 7‑seater Model Y in the U.S., showed improved China sales and is expanding service/Supercharger initiatives in Europe—operational moves that support sales and aftersales revenue. Tesla Releases 7-Seater Model Y In US As Improved China Sales Provide Boost
• Neutral Sentiment: Earnings calendar risk: TSLA heads into upcoming Q4 results with a narrow margin for error—analysts are split and a slightly weak print or guidance could amplify volatility. Tesla’s Earnings Loom With Almost No Room for Error
• Neutral Sentiment: Analyst divergence: some firms (Piper/New Street) remain constructive while others (Wells Fargo) are very bearish — this creates headline risk but also keeps trading volume elevated around catalysts. Analyst views on Tesla
• Negative Sentiment: India rollout weak and inventory discounts: early Model Y shipments to India are moving slowly and Tesla is discounting to clear excess units — a sign of demand softness in a new market. Tesla Sees a Slow Start in India, Offers Discounts
• Negative Sentiment: FSD move risks backlash, lower lifetime take rates and regulatory scrutiny—critics warn removing the one‑time purchase may depress perceived product value and adoption, especially with ongoing safety probes. Why Elon Musk’s Latest Move May Backfire
• Negative Sentiment: Competitive and execution risks: pieces of coverage highlight intensifying competition (including advances by Nvidia and rivals) and slowing deliveries—factors that pressure margins and justify cautious valuations. Nvidia Just Delivered Very Bad News for Tesla Stock Investors

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.