NovaPoint Capital LLC Invests $1.21 Million in Tesla, Inc. $TSLA

NovaPoint Capital LLC purchased a new position in Tesla, Inc. (NASDAQ:TSLA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,729 shares of the electric vehicle producer’s stock, valued at approximately $1,213,000.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Geode Capital Management LLC boosted its stake in Tesla by 2.0% during the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after buying an additional 1,269,304 shares during the last quarter. Norges Bank purchased a new stake in Tesla in the 2nd quarter valued at $11,839,824,000. Legal & General Group Plc raised its holdings in shares of Tesla by 5.9% during the 2nd quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock worth $6,424,705,000 after acquiring an additional 1,134,678 shares during the period. Finally, Amundi grew its holdings in shares of Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after purchasing an additional 3,422,270 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Tesla Price Performance

TSLA opened at $459.64 on Tuesday. The stock’s 50-day moving average price is $445.22 and its 200 day moving average price is $388.31. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The firm has a market cap of $1.53 trillion, a price-to-earnings ratio of 306.43, a PEG ratio of 12.01 and a beta of 1.87. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The company had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same period in the prior year, the firm earned $0.72 earnings per share. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, sell-side analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the sale, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction dated 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 completion of the transaction, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. The trade was a 3.92% decrease in their position. The SEC filing for this sale provides additional information. 19.90% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of Tesla from $115.00 to $150.00 in a research note on Friday, October 3rd. Wedbush reiterated an “outperform” rating and issued a $600.00 price objective on shares of Tesla in a report on Monday, December 15th. Roth Capital set a $505.00 target price on Tesla and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a research note on Thursday, October 30th. Finally, Stifel Nicolaus raised their price objective on Tesla from $483.00 to $508.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $414.50.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla remains culturally strong with high brand appeal among young buyers in South Korea, supporting demand in that market. Tesla Becomes the Most Popular Imported Car Brand in South Korea among Young People
• Positive Sentiment: Analysts and media continue to highlight Tesla’s long-term upside from AI and robotaxi ambitions (an investor theme for 2026), which underpins much of the stock’s valuation despite near-term softness. The 5 AI stocks Dan Ives thinks will define 2026
• Neutral Sentiment: Bill Ackman’s SPARC proposal for a SpaceX IPO — which could hypothetically benefit Tesla shareholders — surfaced as a strategic idea but is speculative and not an immediate catalyst for TSLA. Bill Ackman Has a Bold Idea for a SpaceX IPO That Would Reward Tesla Stockholders
• Neutral Sentiment: Elon Musk signaling a change in Tesla’s mission wording (from “sustainable” toward “amazing”) is mostly corporate messaging — noteworthy for branding but not an immediate financial driver. Musk Ready To Rewrite Tesla Mission Statement? CEO Says ‘Amazing’ Is More Joyful Than ‘Sustainable’
• Negative Sentiment: Regulatory pressure: a new investigation and safety scrutiny over door mechanisms (and reports of possible door-handle bans in China) are prompting concern about recalls/regulatory costs and are weighing on investor sentiment. As Tesla Faces a New Investigation Over Door Safety, How Should You Play TSLA Stock Heading into 2026?
• Negative Sentiment: Demand worries: Gene Munster warned Q4 deliveries could be materially weaker than expected, which raises short-term revenue and margin risk. Tesla Q4 Deliveries Face Steep Slump, Gene Munster Warns; Adds Real Value Now Lies In Physical AI
• Negative Sentiment: Supplier and contract hits: South Korea’s L&F drastically cut the expected value of its Tesla battery-material deal, and a Cybertruck-related flop hurt a supplier — both signal supply-chain and product-demand stress. South Korea’s L&F says value of battery material supply deal with Tesla cut to $7,386
• Negative Sentiment: Market context: profit-taking in tech (including Tesla) and broader risk-off into year-end amplified selling pressure today. Stock market today: Dow, S&P 500, Nasdaq slide as Nvidia, Tesla fall to start 2025’s final week
• Negative Sentiment: Analyst caution and bearish pieces (downgrades, bear-case writeups) are increasing scrutiny on valuation and near-term execution risks. Tesla: It’s Not Time For Bears To Give Up, The Big Short Of 2026 (Downgrade)

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.