Secure Asset Management LLC Sells 1,121 Shares of Tesla, Inc. $TSLA

Secure Asset Management LLC trimmed its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 5.5% during the third quarter, HoldingsChannel.com reports. The firm owned 19,405 shares of the electric vehicle producer’s stock after selling 1,121 shares during the quarter. Tesla makes up 1.5% of Secure Asset Management LLC’s portfolio, making the stock its 13th largest position. Secure Asset Management LLC’s holdings in Tesla were worth $8,916,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Tesla in the second quarter worth about $11,839,824,000. Kingstone Capital Partners Texas LLC increased its holdings in Tesla by 581,880.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer’s stock worth $2,044,683,000 after acquiring an additional 6,435,598 shares during the period. Vanguard Group Inc. boosted its holdings in Tesla by 1.8% in the 2nd 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 during the period. Amundi grew its position in shares of Tesla by 29.4% during the 1st quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer’s stock valued at $4,482,789,000 after purchasing an additional 3,814,610 shares in the last quarter. Finally, Caxton Associates LLP bought a new position in shares of Tesla in the first quarter worth $469,339,000. Institutional investors own 66.20% of the company’s stock.

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

Insider Activity

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

Tesla Price Performance

Shares of Tesla stock opened at $481.20 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $495.28. The company has a fifty day moving average of $439.98 and a 200-day moving average of $380.80. The stock has a market capitalization of $1.60 trillion, a price-to-earnings ratio of 320.80, a price-to-earnings-growth ratio of 12.03 and a beta of 1.87.

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Roth Capital set a $505.00 price objective on Tesla and gave the company a “buy” rating in a research note on Thursday, October 23rd. China Renaissance boosted their price objective on Tesla from $349.00 to $380.00 and gave the stock a “hold” rating in a report on Friday, October 24th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $500.00 target price on shares of Tesla in a research note on Thursday, October 23rd. Dbs Bank raised shares of Tesla to a “hold” rating in a research note on Wednesday, November 5th. Finally, President Capital raised their price objective on shares of Tesla from $373.00 to $529.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla currently has an average rating of “Hold” and a consensus price target of $404.14.

Tesla Company 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.