Tesla, Inc. $TSLA Shares Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 8.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,716 shares of the electric vehicle producer’s stock after acquiring an additional 1,678 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Tesla were worth $7,705,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. State Street Corp lifted its stake in shares of Tesla by 2.4% during the 2nd quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after buying an additional 2,761,298 shares in the last quarter. Amundi boosted its holdings in shares of Tesla by 14.0% in the first 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 period. Corient Private Wealth LLC raised its stake in shares of Tesla by 3,205.5% during the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after purchasing an additional 20,810,386 shares during the period. Legal & General Group Plc purchased a new stake in Tesla during the 2nd quarter worth about $8,535,612,000. Finally, Invesco Ltd. grew its holdings in Tesla by 14.0% during the 4th quarter. Invesco Ltd. now owns 16,980,122 shares of the electric vehicle producer’s stock valued at $7,636,301,000 after buying an additional 2,082,813 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Performance

NASDAQ:TSLA traded down $7.88 during trading hours on Thursday, reaching $369.93. 13,878,765 shares of the stock were exchanged, compared to its average volume of 51,274,574. The stock has a market capitalization of $1.46 trillion, a P/E ratio of 342.85, a P/E/G ratio of 20.34 and a beta of 1.92. The firm has a 50 day simple moving average of $352.86 and a 200-day simple moving average of $377.14. 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.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share 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 analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla’s revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.33 EPS. As a group, sell-side analysts forecast that Tesla, Inc. will post 0.83 earnings per share for the current fiscal year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla delivered 486,532 vehicles in the third quarter, exceeding expectations by roughly 25,000 units. The beat is supporting the stock ahead of the company’s October 21 earnings report, although investors will focus on automotive margins and free cash flow. Tesla’s EV Delivery Beat Is In, So What Happens Now?
• Positive Sentiment: Analysts remain focused on Tesla’s higher-margin opportunities beyond vehicles, including robotaxis, software, robotics and energy storage. Dan Ives sees more than 30% potential upside, while UBS called the setup “tactically favorable” and raised its price target to $391. TSLA Stock Heads For Weekly Win
• Positive Sentiment: Tesla and SpaceX reportedly plan to build and operate a Texas “Terafab” AI-chip complex, potentially improving supply control for autonomy and robotics. Tesla also arranged $30 billion in new credit facilities and loans, giving it greater funding capacity for expansion. Why Tesla Is Up After Unveiling Terafab
• Positive Sentiment: Germany’s transport minister backed faster European approval of Tesla’s supervised Full Self-Driving system, while Lemonade expanded insurance support for Tesla vehicles using FSD v14 Lite. Both developments could aid adoption if regulatory approval progresses. Musk Welcomes German Backing
• Neutral Sentiment: Tesla secured an order for 50 Tesla Semi trucks from IMC Logistics, providing validation for its commercial-vehicle strategy, though the order is unlikely to materially affect near-term financial results. Tesla Semi Lands 50-Truck Order
• Negative Sentiment: Investors remain concerned that Tesla is spending heavily on AI while relying on vehicle sales to fund the investment. The company’s extremely high valuation—about 345 times earnings—leaves little room for weaker margins or another earnings miss.
• Negative Sentiment: Reports say Tesla pressured European regulators to accelerate FSD reviews and reduce testing burdens. The scrutiny raises safety, liability and execution risks, while delays could undermine the robotaxi investment case. Tesla Pressured European Regulators
• Negative Sentiment: Tesla’s limited updates on the Optimus humanoid robot are making some investors uneasy, and its earlier sale of most Bitcoin holdings means it missed much of the subsequent cryptocurrency appreciation.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Robert W. Baird set a $475.00 price target on shares of Tesla in a research note on Monday, July 27th. Truist Financial set a $370.00 target price on Tesla and gave the company a “hold” rating in a research note on Thursday, July 23rd. DZ Bank raised Tesla from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Canaccord Genuity Group set a $410.00 price objective on Tesla and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, Citigroup reaffirmed a “market perform” rating on shares of Tesla in a research note on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $412.19.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value 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 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 this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.

Tesla Company Profile

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.