Abbot Financial Management Inc. Sells 1,239 Shares of Tesla, Inc. $TSLA

Abbot Financial Management Inc. trimmed its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 40.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,805 shares of the electric vehicle producer’s stock after selling 1,239 shares during the period. Abbot Financial Management Inc.’s holdings in Tesla were worth $803,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Tesla during the second quarter valued at about $11,839,824,000. Vanguard Group Inc. increased its stake in shares of Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Amundi raised its position in shares of Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after purchasing an additional 3,422,270 shares during the period. Jennison Associates LLC lifted its stake in shares of Tesla by 38.3% during the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock valued at $4,851,747,000 after buying an additional 3,021,550 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after buying an additional 1,269,304 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Tesla Price Performance

TSLA opened at $409.38 on Wednesday. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $1.54 trillion, a P/E ratio of 379.06, a PEG ratio of 14.13 and a beta of 1.86. The stock has a 50-day moving average price of $437.53 and a 200-day moving average price of $420.08. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. During the same period last year, the firm posted $0.73 EPS. Tesla’s revenue for the quarter was down 3.1% compared to the same quarter last year. Equities analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla sued the California DMV to overturn a ruling that labeled its FSD/Autopilot marketing “false advertising,” a move that, if successful, would remove a regulatory overhang and reduce legal uncertainty for future sales and software rollout. Tesla sues California DMV to reverse ruling that company engaged in false advertising on FSD
• Positive Sentiment: Progress on Optimus and robotics remains a core bullish narrative — bullish pieces argue humanoid robotics could re‑rate Tesla away from pure EV multiples toward a higher‑growth AI/robotics valuation. Tesla’s Optimus Robot Could Reach Human-Level Proficiency in 2026 — Time to Buy?
• Positive Sentiment: At least one bank (Erste Group) has raised earnings estimates for Tesla, providing an analyst‑backed counterpoint to some of the negative sales headlines. Erste Group Bank Increases Earnings Estimates for Tesla
• Neutral Sentiment: Valuation debate: Tesla’s P/E sits near a multi‑year high, splitting analysts between “buy the AI story” and “too stretched,” meaning price moves will be sensitive to execution news. Tesla’s P/E Is Near a 5-Year High—Buy Signal or Panic Signal?
• Neutral Sentiment: Tesla is running a short, time‑limited Cybertruck promotion (Musk says a 10‑day deal) — could support near‑term demand but also signals pressure on pricing. Tesla Cybertruck Deal May Last Only 10 Days: Musk Says New Price Will Depend ‘On How Much Demand’ At $60K
• Negative Sentiment: European demand weakness: January EU registrations fell ~17% and BYD is gaining share rapidly — near‑term sales pressure in a key market and a clear competitive threat. Tesla’s Europe problem keeps getting worse. Here’s why
• Negative Sentiment: Legal/financial risk: a judge upheld a $243M jury verdict tied to an Autopilot crash, a ruling that could pressure earnings or increase insurance/legal exposure. Tesla loses crucial Autopilot ruling that could cost hundreds of millions
• Negative Sentiment: Other legal/headline risks: a U.S. judge refused to dismiss a hiring‑bias lawsuit alleging discrimination in hiring practices — adds to headline/legal noise even if prospects of plaintiff success are uncertain. Tesla must face lawsuit alleging anti-American bias in hiring, US judge rules
• Negative Sentiment: Market sentiment and compensation concerns: Reddit sentiment has soured YTD and commentators (e.g., Ross Gerber) are flagging the real cost of stock‑based compensation — both can amplify downside in a high‑PE name. TSLA Is Down 11% in 2026 and Reddit Is Losing Faith Fast Ross Gerber Highlights Meta’s ‘$23.6 Billion’ Share Buyback Cost, Warns TSLA Shareholders About Stock Compensation

Analyst Upgrades and Downgrades

Several research firms have issued reports on TSLA. Canaccord Genuity Group set a $520.00 target price on Tesla in a research report on Thursday, January 29th. China Renaissance increased their price objective on Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. Tigress Financial started coverage on Tesla in a report on Thursday, February 12th. They set a “buy” rating and a $550.00 target price for the company. BNP Paribas Exane upped their price target on Tesla from $307.00 to $313.00 in a research report on Monday, December 1st. Finally, Wedbush restated an “outperform” rating and issued a $600.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Eighteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $408.09.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief financial officer owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This represents a 16.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 119,457 shares of company stock valued at $53,501,145. Corporate insiders own 19.90% of the company’s stock.

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.