Oppenheimer & Co. Inc. Purchases 17,481 Shares of Tesla, Inc. $TSLA

Posted by George Bondi on Oct 27th, 2026

Oppenheimer & Co. Inc. lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 10.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 178,338 shares of the electric vehicle producer’s stock after buying an additional 17,481 shares during the period. Tesla comprises 0.7% of Oppenheimer & Co. Inc.’s investment portfolio, making the stock its 21st largest position. Oppenheimer & Co. Inc.’s holdings in Tesla were worth $63,276,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. State Street Corp raised its stake in shares of Tesla by 2.4% during the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock worth $49,402,312,000 after acquiring an additional 2,761,298 shares in the last quarter. Amundi lifted its holdings in shares of Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after acquiring an additional 2,727,141 shares during the last quarter. Legal & General Group Plc bought a new stake in shares of Tesla in the 2nd quarter worth approximately $8,535,612,000. Bank of New York Mellon Corp purchased a new stake in shares of Tesla in the 2nd quarter valued at $6,083,630,000. Finally, Bamco Inc. NY boosted its position in Tesla by 5.0% during the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after buying an additional 591,243 shares during the period. Institutional investors own 66.20% of the company’s stock.

Tesla Trading Up 5.2%

TSLA opened at $391.62 on Tuesday. The business has a 50 day simple moving average of $363.77 and a two-hundred day simple moving average of $386.75. The firm has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 430.36, a PEG ratio of 23.62 and a beta of 1.92. 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, Inc. has a one year low of $297.38 and a one year high of $498.83.

Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings data 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. The business had revenue of $28.05 billion during the quarter, compared to analysts’ expectations of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The business’s revenue was down .2% on a year-over-year basis. During the same quarter last year, the business posted $0.50 EPS. Analysts predict that Tesla, Inc. will post 0.71 EPS for the current year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Barclays upgrade and SpaceX speculation: Barclays upgraded Tesla to Overweight from Equal Weight and raised its price target from $370 to $450. The analyst cited potential value from a Tesla-SpaceX transaction, as well as improving prospects for Tesla’s automotive, energy-storage and autonomous-driving businesses. Tesla and SpaceX have reportedly formed independent committees to evaluate a possible combination, but no deal has been agreed. Buy Tesla Stock, Says Analyst. Why It Can Surge 20%.
Positive Sentiment: Autonomy momentum: Tesla’s Full Self-Driving (FSD) system received approval in Latvia, reportedly bringing the number of approving EU countries to 10. Separately, a partnership with Turo will promote FSD-equipped Tesla vehicles available through its rental marketplace, potentially increasing consumer adoption and subscription revenue. Cybercab activity also reportedly reached a record during Austin’s Formula One weekend. Tesla turns to Turo to boost adoption of Full Self-Driving
Positive Sentiment: AI and robotics investment case: Analysts argued that Tesla’s reduced 2026 capital-spending forecast reflects timing rather than a retreat from AI. The company still has more than $45 billion in cash and investments to fund Full Self-Driving, Cybercab and Optimus development. Management also expects spending to rise in future years.
Neutral Sentiment: Short-interest data appears inconsistent: One report described a large increase in October short interest but simultaneously listed total short interest at zero shares and a zero-day days-to-cover ratio. The figures should therefore be treated cautiously rather than as a reliable signal of short-covering demand.
Negative Sentiment: Execution and valuation concerns: Tesla’s third-quarter revenue was essentially flat year over year, while operating income reportedly fell 56%. Critics also highlighted a P/E ratio above 400 and questioned whether the stock price already discounts successful autonomy, robotics and SpaceX-related outcomes.
Negative Sentiment: Cybertruck weakness: Reports that Tesla canceled or delayed Cybertruck availability in two countries underscore concerns about the vehicle’s weaker-than-expected demand and limited international expansion. Tesla Cancels Cybertruck in Two Countries

Analyst Ratings Changes

A number of analysts have recently weighed in on TSLA shares. UBS Group raised Tesla from a “neutral” rating to a “buy” rating in a research note on Monday. Glj Research reaffirmed a “sell” rating on shares of Tesla in a research note on Thursday, October 22nd. William Blair reaffirmed a “market perform” rating on shares of Tesla in a research note on Thursday, July 2nd. KeyCorp upgraded shares of Tesla to a “sector weight” rating in a report on Monday, September 28th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Tesla in a research report on Monday. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $411.04.

Get Our Latest Research Report on Tesla

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company’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 transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by corporate insiders.

Tesla Company Profile

(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.