BCS Wealth Management raised its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 106.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,562 shares of the electric vehicle producer’s stock after purchasing an additional 1,834 shares during the period. BCS Wealth Management’s holdings in Tesla were worth $1,602,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in TSLA. Networth Advisors LLC purchased a new position in Tesla during the fourth quarter worth about $26,000. Turning Point Benefit Group Inc. purchased a new position in Tesla in the third quarter valued at about $30,000. Manning & Napier Advisors LLC purchased a new position in Tesla in the third quarter valued at about $29,000. Prism Advisors Inc. purchased a new position in Tesla in the fourth quarter valued at about $30,000. Finally, Texas Capital Bancshares Inc TX bought a new stake in shares of Tesla in the third quarter valued at approximately $31,000. 66.20% of the stock is owned by institutional investors.
Key Headlines Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: UBS upgraded TSLA to Neutral from Sell, reframing the risk/reward and prompting short‑term buying interest as investors reprice exposure to Tesla’s long‑term “physical AI” opportunity. CNBC: Tesla shares climb more than 6% after analyst upgrade, software updates
- Positive Sentiment: Elon Musk announced a tape‑out milestone for Tesla’s AI5 chip (with AI6 teased), a meaningful technical step that supports Tesla’s autonomy/robotics roadmap and lifted investor sentiment on the company’s semiconductor and AI capabilities. Yahoo Finance: Tesla Tapes Out AI5 Self-Driving Chip
- Positive Sentiment: Tesla rolled out software updates (Spring Update) and new FSD engagement features like “FSD streaks” and insurance incentives tied to Safety Score v3.0 — moves that can increase FSD usage, recurring revenue and user stickiness if adoption rises. Benzinga: Tesla Launches FSD Streaks
- Positive Sentiment: Dutch regulators approved Tesla’s FSD Supervised program in Europe — a regulatory foothold that supports FSD commercialization outside the U.S. if adoption follows. Barchart: Tesla Just Scored an FSD Win in Europe
- Neutral Sentiment: TD Cowen trimmed its price target (from $519 to $490) but kept a Buy rating — a signal that analysts still see upside but expect slower near‑term progress; this tempers enthusiasm versus a clean upgrade. MarketScreener: TD Cowen adjusts price target on Tesla
- Neutral Sentiment: Notable buyers (e.g., Cathie Wood/ARK) have increased exposure, which can amplify momentum flows but also concentrates retail-driven volatility. Barchart: Cathie Wood Just Bought Nearly 80,000 Shares of Tesla
- Negative Sentiment: Investors still face near‑term risks: the April 22 earnings call should clarify Terafab capex, margin headwinds and delivery/mix trends — any disappointment could reverse gains. Blockonomi: 3 Critical Issues Investors Must Watch on April 22
- Negative Sentiment: Rivalry in robotics and autonomy is heating up (Unitree, BYD and others), increasing competitive risk to Tesla’s Optimus/robotaxi ambitions and potentially pressuring timelines and margins. Financial Post: Tesla’s Chinese robot rival ramps up global push
- Negative Sentiment: Operational/safety headlines persist: reports of another near‑miss under supervised FSD remind investors that adoption and regulatory/legal risk remain unresolved. TipRanks: Near-miss for FSD supervised
Insider Activity
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the stock. President Capital lowered their price target on shares of Tesla from $500.00 to $424.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Wells Fargo & Company decreased their target price on shares of Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a report on Thursday, January 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a report on Tuesday, January 27th. Zacks Research lowered shares of Tesla from a “hold” rating to a “strong sell” rating in a report on Monday, March 30th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $510.00 price target on shares of Tesla in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and nine have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $398.61.
View Our Latest Stock Report on Tesla
Tesla Trading Up 7.6%
Shares of TSLA opened at $391.95 on Thursday. The stock has a market capitalization of $1.47 trillion, a P/E ratio of 362.92, a PEG ratio of 11.32 and a beta of 1.91. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The firm has a fifty day simple moving average of $390.09 and a two-hundred day simple moving average of $423.42. Tesla, Inc. has a twelve month low of $222.79 and a twelve month high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. During the same quarter in the previous year, the company earned $0.73 earnings per share. Tesla’s quarterly revenue was down 3.1% on a year-over-year basis. On average, research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year.
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.
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