Tesla, Inc. $TSLA Stock Position Trimmed by Pennsylvania Capital Management Inc. ADV

Posted by Francis Steltz on Aug 26th, 2026

Pennsylvania Capital Management Inc. ADV decreased its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 38.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,669 shares of the electric vehicle producer’s stock after selling 3,591 shares during the period. Tesla makes up approximately 0.6% of Pennsylvania Capital Management Inc. ADV’s holdings, making the stock its 19th biggest position. Pennsylvania Capital Management Inc. ADV’s holdings in Tesla were worth $2,384,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in TSLA. Chapman Financial Group LLC acquired a new stake in Tesla in the 2nd quarter valued at approximately $26,000. Friedenthal Financial grew its stake in shares of Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after purchasing an additional 30 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new position in shares of Tesla during the third quarter valued at $30,000. Texas Capital Bancshares Inc TX bought a new position in Tesla in the 3rd quarter valued at about $31,000. Finally, Sarver Vrooman Wealth Advisors bought a new position in Tesla in the 4th quarter valued at about $37,000. Institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.

Tesla Price Performance

NASDAQ TSLA opened at $350.25 on Wednesday. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The business’s fifty day moving average is $363.29 and its two-hundred day moving average is $386.16. The stock has a market capitalization of $1.38 trillion, a P/E ratio of 324.31, a P/E/G ratio of 17.62 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same quarter in the previous year, the firm earned $0.33 earnings per share. The business’s revenue was up 25.5% compared to the same quarter last year. On average, research analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on TSLA. Glj Research restated a “sell” rating on shares of Tesla in a research report on Tuesday, August 18th. HSBC reiterated a “hold” rating on shares of Tesla in a research note on Monday, June 15th. DZ Bank raised Tesla from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Citizens Jmp initiated coverage on Tesla in a research note on Thursday, July 9th. They issued a “market perform” rating on the stock. Finally, The Goldman Sachs Group began coverage on Tesla in a report on Friday, June 5th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, nineteen have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $401.74.

Get Our Latest Stock Report on TSLA

Tesla News Summary

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Nevada approved Tesla’s expansion of its Las Vegas robotaxi fleet from 10 vehicles to as many as 5,000. The authorization materially increases Tesla’s potential operating scale, although actual deployment and regulatory compliance remain key challenges. Nevada robotaxi fleet approval
Positive Sentiment: Tesla plans to launch Cybercabs in Austin on September 3 and expects to deploy 2,500 robotaxis during 2026. The event gives investors a near-term catalyst for evaluating Tesla’s autonomous-driving technology and commercialization plans. Tesla Cybercab Austin launch
Positive Sentiment: Heavy purchases of long-dated Tesla call options indicate that some traders are positioning for substantial future appreciation, reinforcing the bullish narrative around robotaxis, artificial intelligence and robotics. Options activity is not a guarantee of fundamental demand. Tesla call options activity
Neutral Sentiment: Tesla reportedly plans to open a Nevada Semi truck factory next month, adding a potential growth avenue beyond passenger EVs. Separately, SpaceX’s accelerated launch and orbital data-center plans could benefit Elon Musk’s broader ecosystem, but they do not directly change Tesla’s financial results. Tesla Semi factory plans
Negative Sentiment: Tesla raised prices on two Cybertruck trims by $5,000, with the base version near $75,000 and higher versions reportedly reaching $85,000. The increases may offset material and component inflation, but reports of sharply weaker sales raise concerns that higher prices could further limit demand. Cybertruck price increase
Negative Sentiment: Tesla faces a recall covering roughly 2.98 million vehicles in China over hidden door-handle safety concerns. A software remedy could contain costs, but the recall adds reputational and regulatory risk in a crucial market. Tesla China recall
Negative Sentiment: Tesla has stopped selling Solar Roof tiles and is shifting toward conventional panels, raising questions about execution in its energy business. Investors are also monitoring reports of another senior chip-engineering departure and competition from Chinese automakers developing in-house autonomous-driving chips.
Negative Sentiment: At roughly 324 times earnings, Tesla’s valuation leaves little room for disappointment. Skepticism over the timing of Cybercab and Optimus commercialization, along with comparisons showing Tesla underperforming other major technology stocks, continues to weigh on the risk-reward profile.

Tesla Company Profile

(Free Report)

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.