Prossimo Advisors LLC Sells 2,803 Shares of Tesla, Inc. $TSLA

Prossimo Advisors LLC reduced its stake in Tesla, Inc. (NASDAQ:TSLA) by 81.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 624 shares of the electric vehicle producer’s stock after selling 2,803 shares during the period. Tesla makes up 2.0% of Prossimo Advisors LLC’s portfolio, making the stock its 19th largest holding. Prossimo Advisors LLC’s holdings in Tesla were worth $278,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Elevate Capital Advisors LLC grew its position in shares of Tesla by 14.5% during the third quarter. Elevate Capital Advisors LLC now owns 969 shares of the electric vehicle producer’s stock valued at $431,000 after purchasing an additional 123 shares in the last quarter. Impact Capital Partners LLC grew its holdings in shares of Tesla by 4.0% in the third quarter. Impact Capital Partners LLC now owns 6,016 shares of the electric vehicle producer’s stock valued at $2,675,000 after purchasing an additional 233 shares in the last quarter. Octavia Wealth Advisors LLC increased its position in Tesla by 18.0% in the third quarter. Octavia Wealth Advisors LLC now owns 8,932 shares of the electric vehicle producer’s stock worth $3,972,000 after purchasing an additional 1,362 shares during the last quarter. Procyon Advisors LLC raised its stake in Tesla by 35.2% during the third quarter. Procyon Advisors LLC now owns 13,642 shares of the electric vehicle producer’s stock valued at $6,067,000 after purchasing an additional 3,549 shares in the last quarter. Finally, Roberts Financial LLC bought a new position in Tesla during the third quarter valued at $356,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. The Goldman Sachs Group boosted their target price on shares of Tesla from $400.00 to $420.00 in a report on Friday, January 2nd. New Street Research boosted their price objective on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. BNP Paribas Exane initiated coverage on Tesla in a research report on Thursday, October 16th. They set an “underperform” rating and a $307.00 price objective on the stock. UBS Group reiterated a “sell” rating and issued a $307.00 target price (up previously from $247.00) on shares of Tesla in a report on Wednesday. Finally, JPMorgan Chase & Co. reissued a “sell” rating on shares of Tesla in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $410.20.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. This trade represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 119,457 shares of company stock valued at $53,501,145 in the last ninety days. Corporate insiders own 19.90% of the company’s stock.

Tesla Trading Down 0.2%

Shares of TSLA opened at $437.50 on Friday. The firm has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 291.67, a PEG ratio of 7.27 and a beta of 1.83. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83. The company has a 50-day moving average of $443.51 and a 200 day moving average of $399.43.

Tesla (NASDAQ:TSLA) last issued its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same period last year, the company posted $0.72 earnings per share. The company’s quarterly revenue was up 11.6% compared to the same quarter last year. On average, research analysts expect that Tesla, Inc. will post 2.56 EPS for the current year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: U.S. regulators gave Tesla a five‑week extension to respond to the NHTSA probe into Full Self‑Driving traffic violations, reducing immediate regulatory pressure and buying time ahead of earnings. Read More.
• Positive Sentiment: Data on owner loyalty and recent loyalty awards suggest strong repeat purchase behavior among Tesla drivers, supporting recurring vehicle demand and aftermarket revenue stability. Read More.
• Positive Sentiment: Tesla highlighted a new lithium refinery in Texas aimed at strengthening its U.S. battery supply chain, which can help margin and production resilience long term. Read More.
• Neutral Sentiment: Investors are trimming positions and booking profits ahead of the Jan. 28 Q4 earnings report, creating short‑term volatility but reflecting a defensive positioning rather than new fundamental news. Read More.
• Neutral Sentiment: Analysts remain split: several firms still bullish on Tesla’s AI/robotics/energy potential while others flag valuation and delivery risks — leaving little margin for error into earnings. Read More.
• Neutral Sentiment: Hyundai appointed a former Tesla humanoid‑robot lead as an adviser, highlighting industry talent movement in robotics — a sign of both sector interest and rising competition for talent. Read More.
• Negative Sentiment: Commentary that a Ford‑BYD battery tie‑up could make Tesla “a footnote” underscores fears of intensified competition on cost and scale that could pressure volumes and margins. Read More.
• Negative Sentiment: Robotaxi rivals are accelerating — WeRide reports >1,000 AVs and Waymo/NVIDIA remain strong competitors — raising doubts about Tesla’s robotaxi lead and timing for autonomous revenue. Read More.
• Negative Sentiment: Tesla’s decision to end one‑time Full Self‑Driving purchases and shift to subscription has prompted customer backlash, prompted sales by large holders (eg., ARK) and prompted commentary that Tesla’s perceived software edge may be fading — a near‑term reputational and revenue mix risk. Read More.
• Negative Sentiment: Analysts and commentators are flagging valuation and slowing deliveries (Q4 deliveries missed estimates), with some downgrades and low price targets that could amplify sell pressure if earnings disappoint. Read More.

About Tesla

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.