Greenleaf Trust cut its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 3.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 49,418 shares of the electric vehicle producer’s stock after selling 1,572 shares during the quarter. Greenleaf Trust’s holdings in Tesla were worth $17,534,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Bamco Inc. NY increased its position in shares of Tesla by 5.0% in 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 purchasing an additional 591,243 shares during the last quarter. One Plus One Wealth Management LLC purchased a new position in Tesla during the 2nd quarter worth $1,009,000. Bessemer Group Inc. increased its position in Tesla by 23.6% in the 1st 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 period. H&H International Investment LLC purchased a new stake in shares of Tesla during the first quarter worth approximately $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of Tesla by 12.4% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock worth $15,470,000 after acquiring an additional 4,806 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.
Insider Buying and Selling at Tesla
In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm’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 sale, the chief financial officer owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the company. BNP Paribas Exane raised Tesla from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $266.00 to $420.00 in a report on Thursday, October 22nd. Deutsche Bank Aktiengesellschaft began coverage on Tesla in a research note on Monday, October 26th. They set a “buy” rating on the stock. Royal Bank Of Canada downgraded Tesla from an “outperform” rating to a “sector perform” rating in a report on Thursday, October 22nd. Tigress Financial initiated coverage on shares of Tesla in a research report on Thursday, October 22nd. They issued a “buy” rating on the stock. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $414.51.
Get Our Latest Stock Analysis on Tesla
Key Stories Impacting Tesla
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
Tesla Price Performance
Shares of TSLA stock opened at $399.81 on Monday. The firm has a fifty day moving average of $369.61 and a two-hundred day moving average of $385.81. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The firm has a market cap of $1.58 trillion, a P/E ratio of 439.36, a P/E/G ratio of 24.77 and a beta of 1.74. 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 (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, beating analysts’ consensus estimates of $0.46 by $0.02. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The business’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 EPS. As a group, research analysts anticipate that Tesla, Inc. will post 0.67 earnings per share for the current fiscal year.
Tesla Company 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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