100,786 Shares in Tesla, Inc. $TSLA Purchased by Prospect Hill Management LLC

Posted by Stanley Muller on Aug 29th, 2026

Prospect Hill Management LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 100,786 shares of the electric vehicle producer’s stock, valued at approximately $42,391,000. Tesla comprises approximately 16.5% of Prospect Hill Management LLC’s investment portfolio, making the stock its 2nd biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Marks Group Wealth Management Inc lifted its holdings in shares of Tesla by 1.7% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock valued at $680,000 after purchasing an additional 25 shares in the last quarter. Clear Trail Advisors LLC grew its holdings in Tesla by 1.6% during the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock worth $605,000 after buying an additional 25 shares in the last quarter. Peirce Capital Management LLC raised its position in Tesla by 1.5% in the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock valued at $697,000 after buying an additional 25 shares during the last quarter. Brio Consultants LLC raised its position in Tesla by 4.7% in the 4th quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer’s stock valued at $259,000 after buying an additional 26 shares during the last quarter. Finally, Community Bank & Trust Waco Texas lifted its stake in Tesla by 1.7% during the 4th quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock valued at $711,000 after acquiring an additional 26 shares in the last quarter. 66.20% of the stock is owned by institutional investors.

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $348.75 on Friday. The company has a market capitalization of $1.38 trillion, a P/E ratio of 322.92, a price-to-earnings-growth ratio of 17.91 and a beta of 1.83. The company’s 50-day moving average is $360.33 and its 200 day moving average is $385.15. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business’s quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter last year, the business posted $0.33 EPS. On average, equities research analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla is expanding its robotaxi operation beyond Austin and Miami, with longer service hours and a larger unsupervised fleet. State regulators have also approved permits for Tesla to operate robotaxis, supporting the company’s strategy to monetize autonomous driving. Tesla robotaxi expansion
Positive Sentiment: Tesla is preparing an August Cybercab rollout beginning with employee rides, while Cybercab production has reportedly started. Investors view the vehicle and robotaxi network as potential long-term revenue opportunities not yet fully reflected in the stock. Cybercab rollout
Positive Sentiment: Optimus humanoid robot production has reportedly begun at Tesla’s Fremont facility, and the company is installing additional robotics manufacturing lines. The development strengthens the long-term artificial-intelligence and automation narrative, although meaningful financial benefits may take time. Optimus production
Positive Sentiment: Commercial truckmaker Einride expects to receive approximately 75 Tesla Semi trucks in 2026, with the remainder of its 500-truck order scheduled for 2027. The timeline provides evidence of commercial demand, though deliveries will be spread over several years. Einride Tesla Semi order
Neutral Sentiment: Tesla announced a September 24 Semi event that could provide updates on autonomous trucking and production plans, making it a potential catalyst but offering no immediate earnings impact. Tesla Semi event
Negative Sentiment: Tesla is voluntarily recalling about 3 million vehicles in China over door handles that may fail after severe crashes and inadequate driver-attention monitoring. The recall adds regulatory, cost and reputational risks to the company’s autonomy push. Tesla China recall
Negative Sentiment: Criticism intensified after a vehicle using Tesla’s latest FSD software reportedly nearly drove into a train, renewing concerns about system reliability and the gap between supervised assistance and fully autonomous driving. Tesla FSD incident
Negative Sentiment: Analysts and investors continue to question Tesla’s valuation because weak margins and traditional EV risks are not easily reconciled with a price-to-earnings ratio above 300. Toyota’s rising electrified-vehicle volume and broader EV competition further challenge Tesla’s automotive leadership.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on TSLA. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, July 21st. Mizuho set a $450.00 price target on shares of Tesla and gave the company an “outperform” rating in a research report on Thursday, July 23rd. William Blair restated a “market perform” rating on shares of Tesla in a report on Thursday, July 2nd. Oppenheimer reiterated a “market perform” rating on shares of Tesla in a research note on Thursday, July 23rd. Finally, HSBC reissued a “hold” rating on shares of Tesla in a research report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $401.74.

Check Out Our Latest Research Report on TSLA

Tesla 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.