Concord Wealth Partners Decreases Stock Position in Tesla, Inc. $TSLA

Concord Wealth Partners cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 17.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,917 shares of the electric vehicle producer’s stock after selling 1,468 shares during the quarter. Concord Wealth Partners’ holdings in Tesla were worth $3,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MMA Asset Management LLC boosted its stake in shares of Tesla by 183.0% during the third quarter. MMA Asset Management LLC now owns 2,830 shares of the electric vehicle producer’s stock valued at $1,259,000 after purchasing an additional 1,830 shares during the period. Elyxium Wealth LLC raised its holdings in Tesla by 0.7% during the 3rd quarter. Elyxium Wealth LLC now owns 7,768 shares of the electric vehicle producer’s stock valued at $3,455,000 after buying an additional 56 shares during the last quarter. Pacific Wealth Strategies Group Inc. boosted its position in Tesla by 25.9% during the 3rd quarter. Pacific Wealth Strategies Group Inc. now owns 850 shares of the electric vehicle producer’s stock valued at $378,000 after buying an additional 175 shares during the period. Thompson Davis & CO. Inc. grew its holdings in Tesla by 13.7% in the 3rd quarter. Thompson Davis & CO. Inc. now owns 2,650 shares of the electric vehicle producer’s stock worth $1,179,000 after acquiring an additional 319 shares during the last quarter. Finally, Wellington Shields & Co. LLC increased its position in shares of Tesla by 20.1% in the third quarter. Wellington Shields & Co. LLC now owns 1,062 shares of the electric vehicle producer’s stock valued at $472,000 after acquiring an additional 178 shares during the period. Institutional investors own 66.20% of the company’s stock.

Insiders Place Their Bets

In related news, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the 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 owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 119,457 shares of company stock valued at $53,501,145. Insiders own 19.90% of the company’s stock.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is hiring to support Elon Musk’s expanded U.S. solar strategy, signaling capital allocation and execution toward scaling rooftop and cell production — a clear revenue diversification play beyond cars. Tesla executives say hiring is ramping up to support Musk’s expanded solar strategy
• Positive Sentiment: Tesla is scouting U.S. sites and pushing to expand solar cell manufacturing with a 100‑GW ambition tied to AI/data center power needs — a strategic commitment that could drive long-term revenue and vertical integration. Tesla Eyes US Solar Cell Expansion, Musk Targets 100-Gigawatt Power Push For AI Data Centers
• Positive Sentiment: Tesla launched a vehicle‑to‑grid pilot in Texas for Cybertruck owners to earn bill credits by sending power back to the grid — commercializing vehicle energy services and improving EV ownership economics. Tesla Lets Cybertruck Owners Earn Bill Credits by Powering the Grid
• Positive Sentiment: Reports show Tesla training AI systems in China and promoting its Optimus robotics/robotaxi initiatives — continued investment in “physical AI” supports the higher‑margin, optionality narrative that bulls cite. Tesla is training its AI technology in China, local media reports
• Neutral Sentiment: Market commentary frames today’s move as a tech‑sector rebound after a volatile week — momentum-driven buying can lift TSLA short-term even if fundamentals remain mixed. Tesla’s stock rallies to end a rough week
• Neutral Sentiment: High‑profile buys (ARK/Cathie Wood) and trademark filings (Roadster hype) add retail and thematic interest but are speculative near-term catalysts. Cathie Wood Doubles Down On Tesla With $14.5 Million Stock Purchase, Ark Invest Pounces On AMD Dip
• Negative Sentiment: Legal risk: a judge indicated Tesla/Musk likely can’t escape a ‘Blade Runner 2049’ lawsuit — ongoing litigation creates headline risk and potential costs. Tesla, Musk likely can’t escape ‘Blade Runner 2049’ lawsuit, judge says
• Negative Sentiment: Competitive pressure: Volkswagen overtook Tesla as Europe’s top EV seller in 2025 and BYD is expanding in key markets — market‑share erosion and intensifying competition could weigh on auto margins. Volkswagen overtook Tesla as Europe’s top EV seller in 2025
• Negative Sentiment: Valuation and sales concerns persist: recent selloffs were driven by a near‑400–plus P/E, mixed sales headlines, and analyst debate over the car business vs. “physical AI” optionality. That makes TSLA sensitive to sentiment shifts. BLBD vs. TSLA: Which Stock Is the Better Value Option?

Tesla Stock Performance

Tesla stock opened at $411.11 on Friday. The stock’s 50 day moving average is $446.45 and its 200 day moving average is $410.61. The company has a market capitalization of $1.54 trillion, a P/E ratio of 380.66, a PEG ratio of 13.30 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 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 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 earnings per share. On average, equities research analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TSLA has been the topic of several recent analyst reports. Benchmark reissued a “buy” rating on shares of Tesla in a research note on Thursday, October 23rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $500.00 price objective on shares of Tesla in a research report on Thursday, January 29th. TD Cowen upped their target price on Tesla from $509.00 to $519.00 and gave the company a “buy” rating in a report on Thursday, January 29th. CICC Research lifted their price target on shares of Tesla from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Finally, Wall Street Zen upgraded shares of Tesla from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat, Tesla currently has an average rating of “Hold” and a consensus target price of $403.92.

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.