L & S Advisors Inc Sells 13,754 Shares of Tesla, Inc. $TSLA

L & S Advisors Inc lowered its position in Tesla, Inc. (NASDAQ:TSLA) by 93.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,043 shares of the electric vehicle producer’s stock after selling 13,754 shares during the period. L & S Advisors Inc’s holdings in Tesla were worth $464,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. NewEdge Wealth LLC grew its stake in Tesla by 6.4% in the third quarter. NewEdge Wealth LLC now owns 57,527 shares of the electric vehicle producer’s stock valued at $26,581,000 after acquiring an additional 3,462 shares during the period. Signet Financial Management LLC lifted its holdings in shares of Tesla by 17.4% during the 3rd quarter. Signet Financial Management LLC now owns 1,911 shares of the electric vehicle producer’s stock valued at $850,000 after purchasing an additional 283 shares in the last quarter. Alberta Investment Management Corp grew its position in shares of Tesla by 3.0% in the 3rd quarter. Alberta Investment Management Corp now owns 34,200 shares of the electric vehicle producer’s stock valued at $15,209,000 after purchasing an additional 1,000 shares during the period. CenterBook Partners LP bought a new stake in Tesla during the 3rd quarter worth approximately $353,000. Finally, MJP Associates Inc. ADV raised its holdings in Tesla by 5.0% during the 3rd quarter. MJP Associates Inc. ADV now owns 6,694 shares of the electric vehicle producer’s stock worth $2,977,000 after buying an additional 320 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 119,457 shares of company stock worth $53,501,145 over the last 90 days. Company insiders own 19.90% of the company’s stock.

Analysts Set New Price Targets

TSLA has been the subject of several research analyst reports. Cantor Fitzgerald reiterated an “overweight” rating and issued a $510.00 price target on shares of Tesla in a report on Thursday, January 29th. Truist Financial reduced their target price on shares of Tesla from $439.00 to $438.00 and set a “hold” rating for the company in a research note on Thursday, January 29th. TD Cowen increased their target price on Tesla from $509.00 to $519.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Barclays reissued a “neutral” rating on shares of Tesla in a research note on Wednesday. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Tesla in a research report on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $408.09.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Viking Global’s Andreas Halvorsen boosted his Tesla stake by ~89,913 shares, signaling confidence from an institutional buyer. Viking Global Boosts Tesla Stake
• Positive Sentiment: Tesla won an FCC waiver to enable wireless charging for its Cybercab and is rolling out more affordable Cybertruck trims and lower Cyberbeast pricing — moves that could support demand for new product lines. FCC Waiver for Cybercab Tesla Cuts Cyberbeast Price (Reuters)
• Neutral Sentiment: Market commentary frames falling deliveries as a real near-term risk but argues the market may already be pricing a pivot to robotics/autonomy (Optimus, Cybercab), making sales weakness partly irrelevant for longer-term valuation. MarketBeat: Falling Sales—Wrong Story?
• Neutral Sentiment: Barclays reiterated a “Neutral” rating on TSLA, keeping sell‑side sentiment mixed and signaling no clear near-term analyst conviction. Barclays Reiterates Neutral
• Negative Sentiment: Prominent critics and analysts voiced concerns: Ross Gerber suggested Tesla should sell its EV business to Rivian and said the TSLA brand has turned “negative,” and some investors warn new Cybertruck trims may not materially lift volumes. These comments amplify sentiment risk and could pressure the multiple. Ross Gerber Says Sell EV Business Gary Black on Cybertruck Demand
• Negative Sentiment: Regulatory and market headwinds: New York’s governor pulled a proposal to expand robotaxi operations outside NYC, and reports show Tesla losing ground in China to competitors like Xiaomi — both limit near-term autonomy and China growth upside. Robotaxi Expansion Halted Tesla Falters in China

Tesla Stock Up 0.1%

TSLA stock opened at $411.71 on Friday. The company has a market cap of $1.54 trillion, a price-to-earnings ratio of 381.21, a P/E/G ratio of 14.48 and a beta of 1.86. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The business has a 50 day moving average price of $441.59 and a two-hundred day moving average price of $416.81. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. During the same period last year, the business earned $0.73 earnings per share. The firm’s revenue was down 3.1% on a year-over-year basis. Analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Tesla Profile

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.