Envestnet Portfolio Solutions Inc. Raises Stock Holdings in Tesla, Inc. $TSLA

Posted by Francis Steltz on Sep 23rd, 2026

Envestnet Portfolio Solutions Inc. grew its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 7.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 99,244 shares of the electric vehicle producer’s stock after acquiring an additional 6,544 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Tesla were worth $41,742,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TSLA. State Street Corp raised its stake in Tesla by 2.4% during the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after purchasing an additional 2,761,298 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Tesla by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after buying an additional 375,946 shares in the last quarter. Norges Bank bought a new stake in shares of Tesla in the 4th quarter worth about $17,128,100,000. Corient Private Wealth LLC increased its holdings in shares of Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after buying an additional 20,810,386 shares during the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of Tesla during the 2nd quarter valued at about $8,535,612,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

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 transaction of $938,498.78. Following the completion of the sale, the chief financial officer directly 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TSLA shares. Erste Group Bank upgraded Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. TD Cowen restated a “buy” rating on shares of Tesla in a research report on Friday, August 14th. Mizuho set a $450.00 price objective on Tesla and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $485.00 target price (down from $510.00) on shares of Tesla in a report on Thursday, July 23rd. Finally, Evercore raised Tesla from a “hold” rating to an “outperform” rating in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, Tesla has an average rating of “Hold” and an average price target of $412.25.

Read Our Latest Research Report on Tesla

Tesla News Summary

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Fitch assigned Tesla its first BBB investment-grade rating, potentially lowering borrowing costs and broadening access to debt markets as the company considers roughly $25 billion in spending on AI, autonomy and infrastructure. Tesla Rises as BBB Rating Meets a $25 Billion Buildout
Positive Sentiment: Tesla Semi was selected as the primary supplier for a reported 2,500-truck electric fleet order, strengthening the commercial-vehicle growth story and offering a potential source of future revenue beyond passenger cars. Tesla Semi Wins Primary Spot in Record 2,500-Truck Electric Fleet Order
Positive Sentiment: Investors are anticipating the October 1 Roadster reveal, while Tesla expanded Grok in its vehicles so the assistant can handle tasks such as accessing emails, documents and ordering food. These features reinforce the company’s software and AI ambitions. Tesla Roadster Reveal
Positive Sentiment: Billionaire investors Stanley Druckenmiller and Ron Baron reportedly view Tesla’s Full Self-Driving and autonomy opportunity as a major part of the investment case, helping sustain enthusiasm for long-term AI-related growth. Investors’ Tesla FSD Thesis
Neutral Sentiment: Tesla registered a local entity in Vietnam, signaling possible entry into a fast-growing EV market. However, domestic leader VinFast reportedly holds a strong local advantage in market share, charging and service infrastructure. Tesla Makes a Move in Vietnam
Negative Sentiment: Elon Musk acknowledged that Tesla has still found no automaker willing to license FSD, limiting near-term evidence that autonomy can become a high-margin licensing business. Tesla Has Zero FSD Licensing Takers
Negative Sentiment: Analysts and commentators continue to flag weak Cybertruck performance, lower delivery expectations and competition from new EV makers. At roughly 352 times earnings, Tesla’s valuation leaves limited room for delays or disappointing execution.

Tesla Trading Up 0.3%

Tesla stock traded up $1.22 during midday trading on Wednesday, reaching $380.12. The stock had a trading volume of 33,406,048 shares, compared to its average volume of 52,297,203. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The firm has a market cap of $1.50 trillion, a price-to-earnings ratio of 351.97, a price-to-earnings-growth ratio of 18.95 and a beta of 1.84. The company has a fifty day moving average of $348.44 and a 200 day moving average of $379.28.

Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm’s quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.33 EPS. On average, analysts anticipate that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Tesla Company Profile

(Free Report)

Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.