Laurel Wealth Advisors LLC reduced its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 99.7% in the 3rd quarter, Holdings Channel reports. The fund owned 1,194 shares of the electric vehicle producer’s stock after selling 377,984 shares during the period. Laurel Wealth Advisors LLC’s holdings in Tesla were worth $531,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also bought and sold shares of the stock. Accent Capital Management LLC grew its stake in shares of Tesla by 1.2% during the 3rd quarter. Accent Capital Management LLC now owns 10,996 shares of the electric vehicle producer’s stock worth $4,890,000 after purchasing an additional 132 shares during the period. River Wealth Advisors LLC lifted its stake in shares of Tesla by 15.3% in the 3rd quarter. River Wealth Advisors LLC now owns 1,574 shares of the electric vehicle producer’s stock valued at $700,000 after purchasing an additional 209 shares during the period. Bedell Frazier Investment Counselling LLC boosted its holdings in Tesla by 935.1% during the third quarter. Bedell Frazier Investment Counselling LLC now owns 18,072 shares of the electric vehicle producer’s stock worth $8,037,000 after buying an additional 16,326 shares in the last quarter. Holderness Investments Co. grew its position in Tesla by 19.0% during the third quarter. Holderness Investments Co. now owns 1,795 shares of the electric vehicle producer’s stock valued at $798,000 after buying an additional 286 shares during the period. Finally, Patrick M Sweeney & Associates Inc. increased its holdings in Tesla by 2.5% in the third quarter. Patrick M Sweeney & Associates Inc. now owns 1,847 shares of the electric vehicle producer’s stock valued at $821,000 after buying an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Insider Buying and Selling at Tesla
In related news, Director Kathleen Wilson-Thompson sold 25,731 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the transaction, the director directly owned 19,669 shares in the company, valued at approximately $8,173,649.64. The trade was a 56.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the 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 completion of the sale, the director owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 145,188 shares of company stock valued at $64,193,919. Corporate insiders own 19.90% of the company’s stock.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on TSLA
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla shows stabilization in Europe — official registration data and market reports say Tesla gained share in France and Norway in February (Model Y regained top position), suggesting European demand is recovering after recent weakness. Tesla gains market in France, Norway in February
- Positive Sentiment: Autonomy progress — Tesla reported 8.4 billion FSD miles driven, moving closer to Musk’s 10B milestone; that metric supports the company’s robotaxi narrative and long-term upside if regulators and safety metrics cooperate. Tesla Hits 8.4B FSD Miles
- Positive Sentiment: AI/robotics thematic tailwind — coverage highlighting Tesla’s Optimus robot and AI-driven autonomy reinforces investor enthusiasm for growth beyond vehicles, a structural bullish argument for TSLA’s valuation. 5 Stocks Racing Ahead as AI Supercharges Robotics
- Neutral Sentiment: Industry shake-up context — BYD reported a sharp month-on-month sales drop in February, underscoring volatility in the EV market; implications for Tesla are mixed (less competition short-term vs. broader demand weakness). BYD Sales Collapse. What About Tesla?
- Negative Sentiment: Regulatory and legal pressure on autonomy — Tesla faces escalated disputes with California regulators, new federal lawsuits and trademark fights tied to robotaxis, while rivals (e.g., Waymo) tout large autonomous-mile milestones, increasing execution and regulatory risk for Tesla’s robotaxi timeline. Tesla Robotaxi Legal Battles Sharpen Questions On Growth And Execution
- Negative Sentiment: Product pricing risk — Tesla raised the Cybertruck dual‑motor AWD price materially days after launch, which could dampen demand momentum for that high‑profile model. Will Tesla’s Cybertruck AWD Price Hike Sustain Demand?
- Negative Sentiment: Macro/geopolitical drag — recent U.S.–Iran hostilities and an associated market selloff knocked tech names (including Tesla) lower; oil-price moves and higher risk aversion are reducing one tailwind investors had expected for EV valuations. Tesla Stock Falls: No Longer Getting a Boost from Oil-Price Spikes
Tesla Stock Performance
Shares of NASDAQ:TSLA opened at $403.32 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The firm has a market capitalization of $1.51 trillion, a PE ratio of 373.44, a P/E/G ratio of 14.33 and a beta of 1.86. The business’s 50 day moving average price is $431.75 and its 200-day moving average price is $422.03.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the prior year, the company earned $0.73 EPS. The firm’s revenue was down 3.1% compared to the same quarter last year. As a group, equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.
Tesla Company 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.
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