Wilmington Savings Fund Society FSB increased its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 20.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,349 shares of the electric vehicle producer’s stock after buying an additional 3,989 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Tesla were worth $10,384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors also recently added to or reduced their stakes in TSLA. Chapman Financial Group LLC purchased a new position in shares of Tesla in the second quarter worth about $26,000. LGT Financial Advisors LLC bought a new stake in Tesla in the second quarter valued at approximately $29,000. Manning & Napier Advisors LLC purchased a new stake in shares of Tesla during the third quarter valued at approximately $29,000. CoreFirst Bank & Trust bought a new position in shares of Tesla in the second quarter worth approximately $30,000. Finally, ESL Trust Services LLC increased its stake in shares of Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after buying an additional 95 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Key Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: U.S. regulators gave Tesla a five‑week extension to respond to the NHTSA probe into Full Self‑Driving traffic violations, reducing immediate regulatory pressure and buying time ahead of earnings. Read More.
- Positive Sentiment: Data on owner loyalty and recent loyalty awards suggest strong repeat purchase behavior among Tesla drivers, supporting recurring vehicle demand and aftermarket revenue stability. Read More.
- Positive Sentiment: Tesla highlighted a new lithium refinery in Texas aimed at strengthening its U.S. battery supply chain, which can help margin and production resilience long term. Read More.
- Neutral Sentiment: Investors are trimming positions and booking profits ahead of the Jan. 28 Q4 earnings report, creating short‑term volatility but reflecting a defensive positioning rather than new fundamental news. Read More.
- Neutral Sentiment: Analysts remain split: several firms still bullish on Tesla’s AI/robotics/energy potential while others flag valuation and delivery risks — leaving little margin for error into earnings. Read More.
- Neutral Sentiment: Hyundai appointed a former Tesla humanoid‑robot lead as an adviser, highlighting industry talent movement in robotics — a sign of both sector interest and rising competition for talent. Read More.
- Negative Sentiment: Commentary that a Ford‑BYD battery tie‑up could make Tesla “a footnote” underscores fears of intensified competition on cost and scale that could pressure volumes and margins. Read More.
- Negative Sentiment: Robotaxi rivals are accelerating — WeRide reports >1,000 AVs and Waymo/NVIDIA remain strong competitors — raising doubts about Tesla’s robotaxi lead and timing for autonomous revenue. Read More.
- Negative Sentiment: Tesla’s decision to end one‑time Full Self‑Driving purchases and shift to subscription has prompted customer backlash, prompted sales by large holders (eg., ARK) and prompted commentary that Tesla’s perceived software edge may be fading — a near‑term reputational and revenue mix risk. Read More.
- Negative Sentiment: Analysts and commentators are flagging valuation and slowing deliveries (Q4 deliveries missed estimates), with some downgrades and low price targets that could amplify sell pressure if earnings disappoint. Read More.
Tesla Price Performance
Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same quarter in the previous year, the firm posted $0.72 EPS. The firm’s revenue was up 11.6% on a year-over-year basis. On average, sell-side analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.
Insider Buying and Selling
In other news, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 119,457 shares of company stock valued at $53,501,145. 19.90% of the stock is owned by insiders.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the stock. The Goldman Sachs Group boosted their price objective on shares of Tesla from $400.00 to $420.00 in a research report on Friday, January 2nd. President Capital lowered their price target on Tesla from $529.00 to $517.00 and set a “buy” rating for the company in a research report on Tuesday, January 6th. Canaccord Genuity Group lifted their price objective on Tesla from $482.00 to $551.00 and gave the stock a “buy” rating in a research report on Tuesday, December 23rd. Melius Research set a $520.00 price target on Tesla and gave the stock a “buy” rating in a research note on Monday, October 13th. Finally, HSBC reissued a “reduce” rating on shares of Tesla in a research report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat, Tesla presently has a consensus rating of “Hold” and an average target price of $410.20.
View Our Latest Analysis on Tesla
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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