Tesla, Inc. $TSLA Holdings Lifted by Peterson Wealth Services

Peterson Wealth Services grew its stake in Tesla, Inc. (NASDAQ:TSLA) by 4.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 45,154 shares of the electric vehicle producer’s stock after buying an additional 1,814 shares during the quarter. Tesla accounts for 3.4% of Peterson Wealth Services’ holdings, making the stock its 6th biggest position. Peterson Wealth Services’ holdings in Tesla were worth $16,021,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in TSLA. State Street Corp lifted its position in Tesla by 2.4% in 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 acquiring an additional 2,761,298 shares in the last quarter. Amundi increased its holdings in Tesla by 14.0% during the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after purchasing an additional 2,727,141 shares in the last quarter. Legal & General Group Plc bought a new position in Tesla during the 2nd quarter worth about $8,535,612,000. Bank of New York Mellon Corp acquired a new stake in shares of Tesla in the 2nd quarter valued at about $6,083,630,000. Finally, Bamco Inc. NY raised its stake in shares of Tesla by 5.0% in the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after purchasing an additional 591,243 shares during the period. Institutional investors own 66.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Tesla in a report on Monday. They issued a “buy” rating on the stock. Jefferies Financial Group upgraded Tesla from a “hold” rating to a “buy” rating in a report on Monday. DZ Bank upgraded Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Robert W. Baird set a $475.00 target price on Tesla in a research report on Monday, July 27th. Finally, BNP Paribas Exane upgraded Tesla from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $266.00 to $420.00 in a research note on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $411.04.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla 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 sale, the chief financial officer owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 20.00% of the company’s stock.

Key Tesla News

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

Tesla Stock Up 5.2%

Tesla stock opened at $391.62 on Tuesday. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The company has a fifty day simple moving average of $363.77 and a 200 day simple moving average of $386.75. The company has a market cap of $1.55 trillion, a P/E ratio of 430.36, a price-to-earnings-growth ratio of 23.62 and a beta of 1.92.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The firm had revenue of $28.05 billion for the quarter, compared to analysts’ expectations of $28.06 billion. During the same period in the previous year, the firm posted $0.50 EPS. The company’s revenue for the quarter was down .2% on a year-over-year basis. Research analysts anticipate that Tesla, Inc. will post 0.71 earnings per share for the current fiscal year.

About Tesla

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.