Tesla, Inc. $TSLA Stock Holdings Lowered by CrossGen Wealth LLC

Posted by George Bondi on Aug 26th, 2026

CrossGen Wealth LLC cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 80.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 358 shares of the electric vehicle producer’s stock after selling 1,500 shares during the quarter. CrossGen Wealth LLC’s holdings in Tesla were worth $151,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TSLA. Nilsine Partners LLC grew its position in Tesla by 2.7% during the 2nd quarter. Nilsine Partners LLC now owns 15,302 shares of the electric vehicle producer’s stock worth $6,436,000 after purchasing an additional 408 shares in the last quarter. Naples Global Advisors LLC grew its stake in shares of Tesla by 11.7% in the 2nd quarter. Naples Global Advisors LLC now owns 5,606 shares of the electric vehicle producer’s stock valued at $2,358,000 after buying an additional 587 shares in the last quarter. Total Clarity Wealth Management Inc. increased its stake in shares of Tesla by 32.3% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 5,297 shares of the electric vehicle producer’s stock worth $2,228,000 after purchasing an additional 1,292 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Tesla by 28.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 16,538 shares of the electric vehicle producer’s stock valued at $6,956,000 after purchasing an additional 3,630 shares during the last quarter. Finally, Malaga Cove Capital LLC increased its position in Tesla by 0.3% during the second quarter. Malaga Cove Capital LLC now owns 13,562 shares of the electric vehicle producer’s stock worth $5,704,000 after buying an additional 46 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TSLA shares. Roth Capital restated a “buy” rating and issued a $505.00 target price on shares of Tesla in a report on Thursday, July 23rd. Erste Group Bank raised shares of Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. Truist Financial set a $370.00 price objective on shares of Tesla and gave the stock a “hold” rating in a research note on Thursday, July 23rd. William Blair reiterated a “market perform” rating on shares of Tesla in a research note on Thursday, July 2nd. Finally, Phillip Securities dropped their target price on shares of Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $401.74.

Check Out Our Latest Report on Tesla

Tesla Trading Up 0.4%

Shares of TSLA stock opened at $350.25 on Wednesday. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The firm’s fifty day simple moving average is $363.29 and its 200 day simple moving average is $386.16. The firm has a market capitalization of $1.38 trillion, a P/E ratio of 324.31, a price-to-earnings-growth ratio of 17.62 and a beta of 1.83. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period last year, the company earned $0.33 earnings per share. As a group, sell-side analysts predict that Tesla, Inc. will post 0.88 EPS for the current year.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Nevada approved Tesla’s expansion of its Las Vegas robotaxi fleet from 10 vehicles to as many as 5,000. The authorization materially increases Tesla’s potential operating scale, although actual deployment and regulatory compliance remain key challenges. Nevada robotaxi fleet approval
Positive Sentiment: Tesla plans to launch Cybercabs in Austin on September 3 and expects to deploy 2,500 robotaxis during 2026. The event gives investors a near-term catalyst for evaluating Tesla’s autonomous-driving technology and commercialization plans. Tesla Cybercab Austin launch
Positive Sentiment: Heavy purchases of long-dated Tesla call options indicate that some traders are positioning for substantial future appreciation, reinforcing the bullish narrative around robotaxis, artificial intelligence and robotics. Options activity is not a guarantee of fundamental demand. Tesla call options activity
Neutral Sentiment: Tesla reportedly plans to open a Nevada Semi truck factory next month, adding a potential growth avenue beyond passenger EVs. Separately, SpaceX’s accelerated launch and orbital data-center plans could benefit Elon Musk’s broader ecosystem, but they do not directly change Tesla’s financial results. Tesla Semi factory plans
Negative Sentiment: Tesla raised prices on two Cybertruck trims by $5,000, with the base version near $75,000 and higher versions reportedly reaching $85,000. The increases may offset material and component inflation, but reports of sharply weaker sales raise concerns that higher prices could further limit demand. Cybertruck price increase
Negative Sentiment: Tesla faces a recall covering roughly 2.98 million vehicles in China over hidden door-handle safety concerns. A software remedy could contain costs, but the recall adds reputational and regulatory risk in a crucial market. Tesla China recall
Negative Sentiment: Tesla has stopped selling Solar Roof tiles and is shifting toward conventional panels, raising questions about execution in its energy business. Investors are also monitoring reports of another senior chip-engineering departure and competition from Chinese automakers developing in-house autonomous-driving chips.
Negative Sentiment: At roughly 324 times earnings, Tesla’s valuation leaves little room for disappointment. Skepticism over the timing of Cybercab and Optimus commercialization, along with comparisons showing Tesla underperforming other major technology stocks, continues to weigh on the risk-reward profile.

Tesla Company Profile

(Free Report)

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.