Canvas Wealth Advisors LLC increased its holdings in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 4.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 43,094 shares of the electric vehicle producer’s stock after buying an additional 1,915 shares during the period. Tesla comprises approximately 3.3% of Canvas Wealth Advisors LLC’s holdings, making the stock its 10th biggest position. Canvas Wealth Advisors LLC’s holdings in Tesla were worth $19,380,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of TSLA. Optivise Advisory Services LLC lifted its holdings in Tesla by 17.5% in the fourth quarter. Optivise Advisory Services LLC now owns 3,719 shares of the electric vehicle producer’s stock worth $1,672,000 after acquiring an additional 555 shares during the last quarter. Client 1ST Advisory Group LLC acquired a new stake in shares of Tesla during the 4th quarter worth approximately $1,069,000. Foster Group Inc. lifted its stake in Tesla by 4.2% in the fourth quarter. Foster Group Inc. now owns 7,358 shares of the electric vehicle producer’s stock valued at $3,309,000 after buying an additional 295 shares during the last quarter. Fiduciary Financial Group LLC boosted its holdings in shares of Tesla by 6.7% during the fourth quarter. Fiduciary Financial Group LLC now owns 2,207 shares of the electric vehicle producer’s stock valued at $993,000 after acquiring an additional 139 shares during the period. Finally, Curated Wealth Partners LLC grew its position in shares of Tesla by 4.8% during the fourth quarter. Curated Wealth Partners LLC now owns 1,207 shares of the electric vehicle producer’s stock worth $543,000 after acquiring an additional 55 shares during the last quarter. Institutional investors own 66.20% of the company’s stock.
Insider Transactions at Tesla
In related news, Director Kathleen Wilson-Thompson sold 25,731 shares of Tesla stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total value of $10,692,774.36. Following the transaction, the director directly owned 19,669 shares in the company, valued at $8,173,649.64. The trade was a 56.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction 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 sale, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 87,995 shares of company stock valued at $38,315,650 in the last three months. 19.90% of the stock is currently owned by corporate insiders.
Tesla Stock Performance
Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.73 earnings per share. Equities research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year.
Analysts Set New Price Targets
TSLA has been the topic of a number of recent analyst reports. Phillip Securities cut their price target on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a report on Monday, February 2nd. CICC Research increased their price target on Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. DZ Bank reaffirmed a “sell” rating on shares of Tesla in a research note on Thursday, January 29th. New Street Research increased their price objective on shares of Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Finally, Tigress Financial started coverage on Tesla in a research report on Thursday, February 12th. They issued a “buy” rating and a $550.00 target price for the company. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $406.84.
Check Out Our Latest Stock Analysis on TSLA
More Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Wedbush analyst Daniel Ives reiterates a bullish view on Tesla and calls the Terafab chip push “an emerging AI powerhouse,” supporting upside thesis for Tesla’s AI/robotics roadmap and the stock’s re-rating. Daniel Ives Doubles Down on Tesla Stock, Calls TeraFab Push an ‘Emerging AI Powerhouse’
- Positive Sentiment: Elon Musk’s Terafab plan — a reported multi‑billion-dollar chip venture with SpaceX to build advanced fabs in Texas — bolsters Tesla’s vertical integration for AI chips, addressing a key supply bottleneck for Optimus, FSD and future data-center ambitions. Execution risk remains, but market reaction is positive. Tesla (TSLA) Unveils $20B Terafab Chip Manufacturing Venture to Challenge TSMC
- Positive Sentiment: European registrations reversed a year-plus decline in February (nearly +12% YoY), easing concerns about demand in a key market and supporting near-term sales momentum. Investors view this as a tangible recovery signal for vehicle volumes. European car sales rise modestly in February, Tesla reverses year-long skid
- Positive Sentiment: Positive Semi/battery headlines — including “million‑mile” battery claims tied to the Semi and celebrity praise after test drives — are supporting the product pipeline narrative and could improve long‑term revenue mix if commercial adoption scales. “Million-Mile Battery”: Tesla Stock (NASDAQ:TSLA) Jumps With New Semi Battery Claims Tesla Semi Gets Jay Leno Talking — And He Says This Could Be A Game‑Changer
- Neutral Sentiment: Reports that Tesla is vertically integrating semiconductor production (beyond Terafab coverage) show strategic alignment with autonomy/robotics goals — positive strategically but high capex and execution timelines keep near‑term impact uncertain. Tesla (TSLA) Accelerates Its Autonomous Driving Roadmap By Vertically Integrating Its Semiconductor Production
- Neutral Sentiment: Robotics/robot policy visibility at the White House increases public awareness of the space but the showcased humanoid wasn’t Tesla’s Optimus — a reminder that government attention can help the sector but doesn’t guarantee Tesla leadership. First Humanoid Robot Appears At White House With Melania Trump — And No, It Wasn’t Elon Musk’s Optimus
- Negative Sentiment: Intensifying competition in Europe — BYD’s sales surge (triple‑digit growth) and market share gains — remains a material threat to Tesla’s pricing and volume recovery in the region. That competitive pressure is a key risk to margins and growth expectations. Tesla’s Global Sales Crisis Deepens As BYD Surges 162% In Europe
- Negative Sentiment: Legal and reputational noise around Elon Musk (judge recusal request, political headlines, and offers like paying TSA) keeps regulatory/PR risk elevated — this can affect investor sentiment and invites short‑term volatility. Elon Musk asks judge to recuse herself in Tesla shareholder case, saying she hearted post about him losing a lawsuit White House Rejects Elon Musk Offer to Cover TSA Pay During DHS Shutdown
- Negative Sentiment: Regulatory scrutiny and uncertainty around the robotaxi/self‑driving timeline remain significant — any adverse findings or slower‑than‑expected progress could materially impair the high multiple investors assign to Tesla’s non‑auto growth opportunities. Is Tesla’s Robotaxi Future at Risk? (Hint: Yes, but It’s Complicated)
About Tesla
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.
Further Reading
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