Nippon Life Global Investors Americas Inc. Acquires Shares of 67,770 Tesla, Inc. $TSLA

Nippon Life Global Investors Americas Inc. bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 67,770 shares of the electric vehicle producer’s stock, valued at approximately $28,504,000.

A number of other institutional investors have also recently modified their holdings of the business. Turning Point Benefit Group Inc. purchased a new position in Tesla during the third quarter worth approximately $30,000. Texas Capital Bancshares Inc TX acquired a new stake in Tesla in the third quarter valued at approximately $31,000. Friedenthal Financial increased its position in shares of Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after buying an additional 30 shares in the last quarter. Chapman Financial Group LLC acquired a new position in shares of Tesla during the 2nd quarter worth approximately $26,000. Finally, Sarver Vrooman Wealth Advisors acquired a new position in shares of Tesla during the 4th quarter worth approximately $37,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 Ratings Changes

A number of equities research analysts recently issued reports on the stock. Citigroup reissued a “market perform” rating on shares of Tesla in a research note on Monday, August 24th. BTIG Research downgraded shares of Tesla to a “neutral” rating in a report on Friday, June 5th. Citizens Jmp initiated coverage on shares of Tesla in a research report on Thursday, July 9th. They issued a “market perform” rating on the stock. Oppenheimer reissued a “market perform” rating on shares of Tesla in a research note on Thursday, July 23rd. Finally, Canaccord Genuity Group set a $410.00 price target on shares of Tesla and gave the company a “buy” rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $401.74.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is expanding its robotaxi operation beyond Austin and Miami, with longer service hours and a larger unsupervised fleet. State regulators have also approved permits for Tesla to operate robotaxis, supporting the company’s strategy to monetize autonomous driving. Tesla robotaxi expansion
• Positive Sentiment: Tesla is preparing an August Cybercab rollout beginning with employee rides, while Cybercab production has reportedly started. Investors view the vehicle and robotaxi network as potential long-term revenue opportunities not yet fully reflected in the stock. Cybercab rollout
• Positive Sentiment: Optimus humanoid robot production has reportedly begun at Tesla’s Fremont facility, and the company is installing additional robotics manufacturing lines. The development strengthens the long-term artificial-intelligence and automation narrative, although meaningful financial benefits may take time. Optimus production
• Positive Sentiment: Commercial truckmaker Einride expects to receive approximately 75 Tesla Semi trucks in 2026, with the remainder of its 500-truck order scheduled for 2027. The timeline provides evidence of commercial demand, though deliveries will be spread over several years. Einride Tesla Semi order
• Neutral Sentiment: Tesla announced a September 24 Semi event that could provide updates on autonomous trucking and production plans, making it a potential catalyst but offering no immediate earnings impact. Tesla Semi event
• Negative Sentiment: Tesla is voluntarily recalling about 3 million vehicles in China over door handles that may fail after severe crashes and inadequate driver-attention monitoring. The recall adds regulatory, cost and reputational risks to the company’s autonomy push. Tesla China recall
• Negative Sentiment: Criticism intensified after a vehicle using Tesla’s latest FSD software reportedly nearly drove into a train, renewing concerns about system reliability and the gap between supervised assistance and fully autonomous driving. Tesla FSD incident
• Negative Sentiment: Analysts and investors continue to question Tesla’s valuation because weak margins and traditional EV risks are not easily reconciled with a price-to-earnings ratio above 300. Toyota’s rising electrified-vehicle volume and broader EV competition further challenge Tesla’s automotive leadership.

Tesla Stock Down 1.7%

TSLA stock opened at $348.75 on Friday. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The firm has a market cap of $1.38 trillion, a PE ratio of 322.92, a PEG ratio of 17.61 and a beta of 1.83. The firm’s 50 day moving average price is $360.33 and its 200-day moving average price is $385.15. 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) last issued its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue was up 25.5% on a year-over-year basis. On average, equities research analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.

About Tesla

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.