Jupiter Topco LLC bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 466,647 shares of the electric vehicle producer’s stock, valued at approximately $196,158,000.
Other large investors also recently made changes to their positions in the company. Marks Group Wealth Management Inc grew its holdings in Tesla by 1.7% in the 4th quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock worth $680,000 after buying an additional 25 shares in the last quarter. Clear Trail Advisors LLC raised its stake in Tesla by 1.6% during the 1st quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock valued at $605,000 after acquiring an additional 25 shares in the last quarter. Peirce Capital Management LLC boosted its position in Tesla by 1.5% during the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock worth $697,000 after acquiring an additional 25 shares during the period. Brio Consultants LLC grew its stake in shares of Tesla by 4.7% in the fourth quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer’s stock worth $259,000 after purchasing an additional 26 shares in the last quarter. Finally, Community Bank & Trust Waco Texas increased its holdings in shares of Tesla by 1.7% during the fourth quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock valued at $711,000 after purchasing an additional 26 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on TSLA. Citizens Jmp started coverage on shares of Tesla in a research note on Thursday, July 9th. They set a “market perform” rating on the stock. The Goldman Sachs Group started coverage on shares of Tesla in a research note on Friday, June 5th. They set a “buy” rating on the stock. Erste Group Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating in a report on Friday, June 5th. Sanford C. Bernstein upgraded shares of Tesla from an “underperform” rating to an “outperform” rating in a research note on Friday, June 5th. Finally, Oppenheimer restated a “market perform” rating on shares of Tesla in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Tesla currently has a consensus rating of “Hold” and an average price target of $401.74.
Tesla Stock Performance
Shares of TSLA opened at $354.08 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The firm’s 50 day moving average is $358.22 and its 200-day moving average is $382.85. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The stock has a market capitalization of $1.40 trillion, a P/E ratio of 327.85, a P/E/G ratio of 17.88 and a beta of 1.84.
Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.33 earnings per share. Equities research analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current fiscal year.
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
- Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
- Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
- Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
- Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update
Tesla 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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