Womack Financial LLC Makes New Investment in Tesla, Inc. $TSLA

Posted by on Sep 7th, 2026

Womack Financial LLC acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) in the second quarter, HoldingsChannel reports. The fund acquired 3,527 shares of the electric vehicle producer’s stock, valued at approximately $1,483,000. Tesla makes up about 1.0% of Womack Financial LLC’s investment portfolio, making the stock its 21st biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Marks Group Wealth Management Inc boosted its position in Tesla by 1.7% during the 4th 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 during the period. Clear Trail Advisors LLC boosted its holdings in shares of Tesla by 1.6% during the first 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 during the period. Peirce Capital Management LLC boosted its holdings in shares of Tesla by 1.5% during the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock valued at $697,000 after acquiring an additional 25 shares during the period. Brio Consultants LLC grew its position in shares of Tesla by 4.7% during the fourth quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer’s stock worth $259,000 after acquiring an additional 26 shares during the last quarter. Finally, Community Bank & Trust Waco Texas increased its holdings in shares of Tesla by 1.7% in the 4th quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock worth $711,000 after acquiring an additional 26 shares during the period. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Key Tesla News

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Evercore upgraded shares of Tesla from a “hold” rating to an “outperform” rating in a research report on Friday, June 5th. Piper Sandler cut their price target on Tesla from $500.00 to $450.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. BMO Capital Markets assumed coverage on Tesla in a research report on Monday, August 17th. They set an “outperform” rating for the company. DZ Bank raised Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, Glj Research reaffirmed a “sell” rating on shares of Tesla in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $401.74.

View Our Latest Research Report on Tesla

Tesla Price Performance

Shares of Tesla stock opened at $354.08 on Monday. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average price is $358.22 and its two-hundred day moving average price is $382.85. The stock has a market cap of $1.40 trillion, a PE ratio of 327.85, a price-to-earnings-growth 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. As a group, sell-side analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

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.

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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