Leo Wealth LLC acquired a new position in Tesla, Inc. (NASDAQ:TSLA – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,895 shares of the electric vehicle producer’s stock, valued at approximately $1,382,000.
A number of other hedge funds have also bought and sold shares of the business. Bamco Inc. NY lifted its stake in Tesla by 5.0% during the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after acquiring an additional 591,243 shares during the period. One Plus One Wealth Management LLC bought a new stake in shares of Tesla in the second quarter worth $1,009,000. Bessemer Group Inc. increased its position in Tesla by 23.6% during the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock valued at $20,908,000 after acquiring an additional 10,747 shares during the last quarter. H&H International Investment LLC bought a new position in Tesla in the first quarter valued at about $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Tesla by 12.4% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock valued at $15,470,000 after acquiring an additional 4,806 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Barclays upgrade and SpaceX speculation: Barclays upgraded Tesla to Overweight from Equal Weight and raised its price target from $370 to $450. The analyst cited potential value from a Tesla-SpaceX transaction, as well as improving prospects for Tesla’s automotive, energy-storage and autonomous-driving businesses. Tesla and SpaceX have reportedly formed independent committees to evaluate a possible combination, but no deal has been agreed. Buy Tesla Stock, Says Analyst. Why It Can Surge 20%.
- Positive Sentiment: Autonomy momentum: Tesla’s Full Self-Driving (FSD) system received approval in Latvia, reportedly bringing the number of approving EU countries to 10. Separately, a partnership with Turo will promote FSD-equipped Tesla vehicles available through its rental marketplace, potentially increasing consumer adoption and subscription revenue. Cybercab activity also reportedly reached a record during Austin’s Formula One weekend. Tesla turns to Turo to boost adoption of Full Self-Driving
- Positive Sentiment: AI and robotics investment case: Analysts argued that Tesla’s reduced 2026 capital-spending forecast reflects timing rather than a retreat from AI. The company still has more than $45 billion in cash and investments to fund Full Self-Driving, Cybercab and Optimus development. Management also expects spending to rise in future years.
- Neutral Sentiment: Short-interest data appears inconsistent: One report described a large increase in October short interest but simultaneously listed total short interest at zero shares and a zero-day days-to-cover ratio. The figures should therefore be treated cautiously rather than as a reliable signal of short-covering demand.
- Negative Sentiment: Execution and valuation concerns: Tesla’s third-quarter revenue was essentially flat year over year, while operating income reportedly fell 56%. Critics also highlighted a P/E ratio above 400 and questioned whether the stock price already discounts successful autonomy, robotics and SpaceX-related outcomes.
- Negative Sentiment: Cybertruck weakness: Reports that Tesla canceled or delayed Cybertruck availability in two countries underscore concerns about the vehicle’s weaker-than-expected demand and limited international expansion. Tesla Cancels Cybertruck in Two Countries
Tesla Stock Up 5.2%
Shares of TSLA stock opened at $391.62 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The company’s fifty day moving average price is $363.77 and its 200-day moving average price is $386.75. The company has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 430.36, a PEG ratio of 23.62 and a beta of 1.92.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The company had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same quarter in the prior year, the firm posted $0.50 EPS. Tesla’s quarterly revenue was down .2% compared to the same quarter last year. Sell-side analysts expect that Tesla, Inc. will post 0.71 EPS for the current fiscal year.
Insider Activity at Tesla
In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several brokerages have issued reports on TSLA. Guggenheim assumed coverage on Tesla in a research report on Monday, June 29th. They issued a “neutral” rating on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Tesla in a report on Monday. They set a “buy” rating for the company. Jefferies Financial Group raised shares of Tesla from a “hold” rating to a “buy” rating in a research report on Monday. Citizens Jmp assumed coverage on Tesla in a research report on Thursday, July 9th. They set a “market perform” rating on the stock. Finally, JPMorgan Chase & Co. boosted their price target on Tesla from $415.00 to $430.00 and gave the company a “neutral” rating in a report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $411.04.
Read Our Latest Report on TSLA
Tesla Profile
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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