Tesla, Inc. $TSLA Stake Cut by Profund Advisors LLC

Posted by Stanley Muller on Nov 1st, 2026

Profund Advisors LLC lowered its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 2.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,884 shares of the electric vehicle producer’s stock after selling 3,596 shares during the period. Tesla comprises 1.5% of Profund Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Profund Advisors LLC’s holdings in Tesla were worth $53,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in TSLA. Legal & General Group Plc purchased a new position in shares of Tesla during the second quarter valued at approximately $8,535,612,000. Bank of New York Mellon Corp purchased a new position in Tesla during the 2nd quarter worth approximately $6,083,630,000. Deutsche Bank AG acquired a new stake in Tesla during the second quarter valued at $4,039,090,000. Canada Pension Plan Investment Board acquired a new stake in Tesla in the 2nd quarter worth approximately $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Tesla in the 2nd quarter worth $2,995,584,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Trading Down 0.9%

Shares of Tesla stock opened at $399.81 on Friday. The firm has a market cap of $1.58 trillion, a price-to-earnings ratio of 439.36, a PEG ratio of 24.77 and a beta of 1.92. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $369.61 and a 200-day moving average price of $385.81.

Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly 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 return on equity of 3.03% and a net margin of 3.11%. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same quarter last year, the company earned $0.50 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. Equities research analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TSLA. Piper Sandler reiterated an “overweight” rating and issued a $475.00 price objective (up from $450.00) on shares of Tesla in a research report on Thursday, October 22nd. UBS Group upgraded shares of Tesla from a “neutral” rating to a “buy” rating in a research report on Monday, October 26th. The Goldman Sachs Group restated a “neutral” rating on shares of Tesla in a report on Thursday, October 22nd. TD Cowen initiated coverage on shares of Tesla in a research note on Monday, October 26th. They set a “hold” rating on the stock. Finally, Roth Capital reissued a “buy” rating and set a $505.00 price objective on shares of Tesla in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Tesla has a consensus rating of “Moderate Buy” and an average target price of $414.51.

Get Our Latest Stock Report on TSLA

Tesla News Summary

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla’s robotaxi business continues to generate optimism. The company added a Quiet Mode to Model Y robotaxis after driverless miles reportedly increased eightfold, potentially improving passenger comfort and supporting broader adoption. Tesla Adds Sleep-Friendly Robotaxi Feature After Driverless Miles Surge Eightfold
Positive Sentiment: Analysts and financial commentators pointed to Cybercab, robotaxis, Optimus and AI as potential growth engines that could create new revenue streams beyond vehicle sales. Tesla’s European registrations also reached a record in September, with the Model Y and Model 3 ranking first and second. Tesla Could Be About to Unlock a Brand-New Revenue Stream
Positive Sentiment: Tesla generated $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion, suggesting some capital discipline despite continued investment in AI, robotics and autonomy. Tesla’s Free Cash Flow Beat
Neutral Sentiment: A possible Tesla-SpaceX merger remains a major source of speculative upside, but Bank of America warned that Chinese regulatory approval could be a significant obstacle, particularly because Tesla’s Shanghai operations could become linked to a U.S. defense contractor. Tesla-SpaceX Merger Could Face Regulatory Risk in China
Negative Sentiment: A Seeking Alpha downgrade argued that Tesla’s valuation already discounts ambitious promises whose timelines continue to slip. Rising research and development spending for AI, Optimus and driverless vehicles is also pressuring operating profits. Tesla Paying Peak Multiples for Promises That Keep Slipping
Negative Sentiment: Competition and execution concerns remain. Chinese rival XPeng promoted more commercially viable flying-car technology, Rivian is developing a competing autonomy strategy, and Tesla reportedly halted Cybertruck reservations and sales plans in Australia and New Zealand. Tesla Stock Falls as China Promotes Flying Cars

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were 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 approximately $9,353,296.36. The trade was a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 20.00% of the company’s stock.

About Tesla

(Free Report)

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.