Strategic Planning Group LLC increased its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 8.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 36,227 shares of the electric vehicle producer’s stock after buying an additional 2,719 shares during the quarter. Tesla accounts for about 1.3% of Strategic Planning Group LLC’s portfolio, making the stock its 26th biggest holding. Strategic Planning Group LLC’s holdings in Tesla were worth $12,854,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of TSLA. Peirce Capital Management LLC lifted its position in shares of Tesla by 1.5% in the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock worth $697,000 after purchasing an additional 25 shares in the last quarter. Retirement Planning Group LLC NY increased its stake in Tesla by 3.8% in the 1st quarter. Retirement Planning Group LLC NY now owns 713 shares of the electric vehicle producer’s stock valued at $265,000 after buying an additional 26 shares during the last quarter. Phillip James Consulting Co. increased its stake in Tesla by 8.7% in the 1st quarter. Phillip James Consulting Co. now owns 326 shares of the electric vehicle producer’s stock valued at $121,000 after buying an additional 26 shares during the last quarter. Cadence Wealth Management LLC lifted its position in Tesla by 4.7% during the 1st quarter. Cadence Wealth Management LLC now owns 580 shares of the electric vehicle producer’s stock worth $216,000 after buying an additional 26 shares in the last quarter. Finally, Crumly & Associates Inc. lifted its position in Tesla by 0.6% during the 2nd quarter. Crumly & Associates Inc. now owns 4,698 shares of the electric vehicle producer’s stock worth $1,976,000 after buying an additional 26 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.
Tesla Stock Performance
Shares of TSLA traded down $2.36 during trading hours on Friday, hitting $372.22. The company had a trading volume of 34,679,783 shares, compared to its average volume of 36,818,196. The firm has a market cap of $1.47 trillion, a price-to-earnings ratio of 409.04, a PEG ratio of 23.78 and a beta of 1.92. The business has a fifty day moving average of $364.01 and a 200-day moving average of $377.22. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.74 and a debt-to-equity ratio of 0.09.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. The company had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the company earned $0.50 earnings per share. Equities analysts anticipate that Tesla, Inc. will post 0.71 EPS for the current fiscal year.
Insider Activity
In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the sale, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company’s stock.
Analyst Ratings Changes
TSLA has been the subject of several recent analyst reports. UBS Group reissued a “neutral” rating and issued a $425.00 price objective (up from $391.00) on shares of Tesla in a report on Thursday. Oppenheimer assumed coverage on shares of Tesla in a research report on Thursday. They set an “outperform” rating on the stock. Yorkville Ives initiated coverage on shares of Tesla in a research note on Wednesday, October 7th. They issued an “outperform” rating and a $500.00 price target for the company. DZ Bank raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Wells Fargo & Company restated a “buy” rating on shares of Tesla in a research note on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, twenty have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Tesla presently has an average rating of “Hold” and a consensus target price of $408.61.
Check Out Our Latest Analysis on TSLA
Tesla News Summary
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
- Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
- Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
- Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
- Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
- Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
- Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
- Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
- Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.
About Tesla
Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.
Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.
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