Greenup Street Wealth Management LLC Sells 5,268 Shares of Tesla, Inc. $TSLA

Greenup Street Wealth Management LLC lowered its position in Tesla, Inc. (NASDAQ:TSLA) by 30.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,946 shares of the electric vehicle producer’s stock after selling 5,268 shares during the period. Tesla accounts for about 0.6% of Greenup Street Wealth Management LLC’s investment portfolio, making the stock its 27th largest holding. Greenup Street Wealth Management LLC’s holdings in Tesla were worth $4,441,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. PFS Partners LLC increased its position in Tesla by 4.2% during the 4th quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer’s stock valued at $265,000 after buying an additional 24 shares in the last quarter. Boltwood Capital Management boosted its holdings in shares of Tesla by 1.2% during the 4th quarter. Boltwood Capital Management now owns 2,120 shares of the electric vehicle producer’s stock valued at $953,000 after acquiring an additional 25 shares during the last quarter. Woodmont Investment Counsel LLC boosted its holdings in Tesla by 1.2% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer’s stock worth $955,000 after purchasing an additional 25 shares during the last quarter. Aspect Partners LLC boosted its stake in shares of Tesla by 12.5% in the 4th quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer’s stock worth $101,000 after buying an additional 25 shares during the last quarter. Finally, Human Investing LLC boosted its position in Tesla by 4.5% in the fourth quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer’s stock worth $260,000 after purchasing an additional 25 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla Trading Down 0.1%

TSLA stock opened at $375.12 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a 1-year low of $288.77 and a 1-year high of $498.83. The business has a 50 day simple moving average of $405.86 and a two-hundred day simple moving average of $413.41. The company has a market capitalization of $1.41 trillion, a price-to-earnings ratio of 344.15, a PEG ratio of 15.01 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter last year, the business posted $0.27 earnings per share. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. Research analysts anticipate that Tesla, Inc. will post 1.19 EPS for the current fiscal year.

Insiders Place Their Bets

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on 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 owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 57,824 shares of company stock worth $21,657,588. 19.90% of the stock is currently owned by insiders.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla announced a major energy partnership with Sunrun and Renew Home to aggregate more than 16 gigawatts of flexible residential power capacity, positioning Tesla’s battery and software ecosystem as a potential solution for AI data-center power needs. Tesla (TSLA) Lands 16 Gigawatt U.S. Power Plant Deal And 25 Gigawatt Hour Europe Pact
• Positive Sentiment: The Trump administration proposed easing federal AV rules by allowing vehicles designed for automated driving to skip brake pedals, which could help Tesla’s robotaxi and FSD ambitions if adopted. Trump admin proposes axing brake pedal requirement for AVs in a boost for Tesla
• Positive Sentiment: Reports also said Giga Berlin is preparing to raise weekly output to 7,500 vehicles in October, signaling improving demand and production momentum in Europe. TSLA Stock Dips — Tesla Gears Up To Ramp European Production To 7,500 Vehicles Per Week Amid FSD Push
• Neutral Sentiment: Several commentary pieces argued that Tesla’s energy division and robotics strategy could become important long-term growth engines, but these views are speculative and do not change near-term fundamentals. Down 14%, Is Tesla a Good Buy Now?
• Neutral Sentiment: JPMorgan reiterated a neutral stance, underscoring that some analysts remain cautious even with Tesla’s autonomy and energy optionality. Tesla: JP Morgan Gives a Neutral Rating
• Negative Sentiment: Tesla is facing a wrongful-death lawsuit tied to a fatal Texas crash involving Autopilot/FSD, and the NTSB has opened a probe, increasing legal and reputational risk around its driver-assistance systems. Tesla sued over fatal Texas crash linked to Autopilot
• Negative Sentiment: Tesla has also been hit by broader skepticism over its valuation and execution, with one analysis arguing the stock would need an unrealistically high return on assets to justify its price. Tesla Stock Data

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on TSLA shares. BTIG Research cut shares of Tesla to a “neutral” rating in a research note on Friday, June 5th. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a research report on Wednesday, June 10th. The Goldman Sachs Group started coverage on shares of Tesla in a research note on Friday, June 5th. They issued a “buy” rating for the company. Tigress Financial started coverage on shares of Tesla in a research note on Monday, April 27th. They set a “buy” rating on the stock. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a report on Thursday, April 23rd. Twenty-one analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $403.07.

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.