Buffalo Business & Estate Services Ltd. Buys Shares of 1,766 Tesla, Inc. $TSLA

Buffalo Business & Estate Services Ltd. purchased a new stake in Tesla, Inc. (NASDAQ:TSLA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,766 shares of the electric vehicle producer’s stock, valued at approximately $794,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Chapman Financial Group LLC purchased a new stake in Tesla in the second quarter valued at approximately $26,000. Manning & Napier Advisors LLC purchased a new stake in Tesla in the third quarter valued at approximately $29,000. CoreFirst Bank & Trust purchased a new stake in Tesla in the second quarter valued at approximately $30,000. Turning Point Benefit Group Inc. purchased a new stake in Tesla in the third quarter valued at approximately $30,000. Finally, First Community Trust NA purchased a new stake in Tesla in the fourth quarter valued at approximately $31,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Canaccord Genuity Group reissued a “buy” rating and issued a $420.00 target price on shares of Tesla in a research report on Monday. TD Cowen boosted their price target on shares of Tesla from $509.00 to $519.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. DZ Bank reiterated a “sell” rating on shares of Tesla in a research note on Thursday, January 29th. Wells Fargo & Company cut their price target on shares of Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a research note on Thursday, January 29th. Finally, Glj Research reiterated a “sell” rating on shares of Tesla in a research note on Monday, March 30th. Nineteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have assigned a Sell rating to the stock. According to data from MarketBeat, Tesla presently has an average rating of “Hold” and an average target price of $402.61.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: NHTSA closed its probe into Tesla’s “Actually Smart Summon” feature, removing a regulatory overhang on vehicle safety and software. US regulator ends probe into Tesla’s ‘actually smart summon’ feature after software fixes
• Positive Sentiment: Tesla reported a sharp sales surge in South Korea (330% YoY in March), signaling pockets of regional strength that could help offset soft demand elsewhere. Tesla’s South Korean sales up more than 300% to 11,134 vehicles in March
• Positive Sentiment: Some sell‑side support remains — Canaccord reaffirmed a Buy and set a $420 target — giving bulls a base for rebounds if delivery trends improve. Canaccord reaffirms Buy on Tesla
• Neutral Sentiment: The approaching SpaceX IPO is creating a narrative risk: commentators (including Jim Cramer) suggest some investors may trim TSLA exposure to rotate into SpaceX, which could weigh on Tesla regardless of fundamentals. Cramer Flags New Trade: Sell Some Tesla, Wait for SpaceX IPO?
• Neutral Sentiment: Broader market dynamics (QQQ/AI leadership and macro flow) could help or hurt TSLA; a tech-led market rebound would likely support Tesla, while renewed risk‑off would accelerate outflows. 5 Reasons the Invesco QQQ ETF Could Be Headed for a Triple-Digit Rally
• Negative Sentiment: JPMorgan reiterated a bearish stance and warned TSLA could fall ~60%, citing record unsold inventory and weakening financial expectations — a high‑profile note that amplified selling pressure. JPMorgan warns Tesla stock may crash 60%
• Negative Sentiment: Analysts are cutting targets after Tesla missed Q1 delivery estimates; consensus revisions and lower targets are increasing downside risk into the company’s upcoming earnings. TSLA selloff deepens: Why analysts are slashing Tesla targets after delivery miss
• Negative Sentiment: ETF flows amplified the move: leveraged Tesla ETF TSLL plunged as traders sold exposure after the delivery miss, increasing intraday volatility and mechanical selling pressure. Tesla’s Dip Triggers TSLL Selloff—Why Are ETF Traders So Nervous?

Tesla Stock Down 2.2%

Tesla stock opened at $352.82 on Tuesday. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The stock’s fifty day simple moving average is $399.41 and its 200-day simple moving average is $427.11. 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 firm has a market capitalization of $1.32 trillion, a P/E ratio of 326.69, a P/E/G ratio of 10.69 and a beta of 1.91.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same period in the prior year, the firm earned $0.73 earnings per share. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. As a group, equities analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the sale, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 53,804 shares of company stock worth $20,865,598 over the last 90 days. Insiders own 19.90% of the company’s stock.

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.