Richard P Slaughter Associates Inc Sells 1,101 Shares of Tesla, Inc. $TSLA

Richard P Slaughter Associates Inc decreased its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 15.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,943 shares of the electric vehicle producer’s stock after selling 1,101 shares during the quarter. Richard P Slaughter Associates Inc’s holdings in Tesla were worth $2,643,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in TSLA. Chesley Taft & Associates LLC lifted its position in shares of Tesla by 0.8% in the 3rd quarter. Chesley Taft & Associates LLC now owns 3,118 shares of the electric vehicle producer’s stock worth $1,387,000 after acquiring an additional 25 shares during the period. Holos Integrated Wealth LLC raised its stake in shares of Tesla by 10.8% in the second quarter. Holos Integrated Wealth LLC now owns 309 shares of the electric vehicle producer’s stock valued at $102,000 after purchasing an additional 30 shares in the last quarter. Dominguez Wealth Management Solutions Inc. lifted its position in Tesla by 4.5% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 704 shares of the electric vehicle producer’s stock worth $313,000 after purchasing an additional 30 shares during the period. First Merchants Corp boosted its stake in Tesla by 1.3% during the second quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer’s stock worth $767,000 after buying an additional 31 shares in the last quarter. Finally, Kaye Capital Management boosted its stake in Tesla by 3.1% during the second quarter. Kaye Capital Management now owns 1,047 shares of the electric vehicle producer’s stock worth $333,000 after buying an additional 31 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TSLA shares. Barclays reaffirmed a “neutral” rating and set a $350.00 price objective on shares of Tesla in a report on Monday, December 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a $500.00 price target on shares of Tesla in a research report on Thursday, October 23rd. Wall Street Zen raised Tesla from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Baird R W raised Tesla from a “hold” rating to a “strong-buy” rating in a report on Friday, September 19th. Finally, Cowen restated a “buy” rating on shares of Tesla 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 given a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat.com, Tesla currently has a consensus rating of “Hold” and an average price target of $404.14.

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The transaction 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 the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 19.90% of the stock is owned by corporate insiders.

Tesla Trading Down 0.4%

TSLA stock opened at $481.20 on Friday. The business has a fifty day moving average price of $439.98 and a 200 day moving average price of $380.55. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $495.28. The stock has a market capitalization of $1.60 trillion, a price-to-earnings ratio of 320.80, a P/E/G ratio of 12.08 and a beta of 1.87.

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

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Analysts are lifting targets and reiterating bullish views, providing near‑term support for the rally — Deutsche Bank bumped its target to $500 and other firms (Mizuho, CICC, Truist) have issued bullish notes. Article
• Positive Sentiment: Tesla committed ~$1.2B to battery cell production in Germany (8 GWh target from 2027), a strategic capex that supports localization, margin improvement and long‑term EV supply. Article
• Positive Sentiment: Robotaxi and Cybercab testing appears to be accelerating (production‑ready units seen in streets), keeping momentum behind Tesla’s high‑value autonomy thesis that investors are pricing in. Article
• Positive Sentiment: Tesla avoided a potential ~€11M fine in Italy over range claims, removing a modest legal overhang. Article
• Neutral Sentiment: The Delaware Supreme Court reinstated Musk’s 2018 pay package, ending a years‑long legal dispute and removing uncertainty — but the scale of the award (now valued far higher) raises governance and dilution debates. Article
• Neutral Sentiment: Large institutional repositioning: ARK/active managers have trimmed holdings recently (profit‑taking), which can amplify intraday volatility but doesn’t necessarily change the structural bull case. Article
• Negative Sentiment: Regulatory and safety pressure persists: California actions on Autopilot/FSD marketing, a proposed federal/state focus on autonomy rules, and consumer safety complaints (e.g., door‑handle issues) keep legal/regulatory risk elevated. Article
• Negative Sentiment: Core EV metrics remain mixed: U.S. vehicle sales have softened and operating expenses have risen as Tesla spends on autonomy/robotics — analysts warn near‑term margins and volumes could pressure sentiment if growth stalls. Article

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.