Spire Wealth Management Sells 2,842 Shares of Tesla, Inc. $TSLA

Spire Wealth Management decreased its position in Tesla, Inc. (NASDAQ:TSLA) by 13.1% during the third quarter, Holdings Channel.com reports. The fund owned 18,891 shares of the electric vehicle producer’s stock after selling 2,842 shares during the quarter. Spire Wealth Management’s holdings in Tesla were worth $8,401,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Westend Capital Management LLC purchased a new stake in Tesla in the 3rd quarter worth approximately $32,000. Chapman Financial Group LLC bought a new position in shares of Tesla during the second quarter valued at approximately $26,000. LGT Financial Advisors LLC bought a new position in shares of Tesla during the second quarter valued at approximately $29,000. CoreFirst Bank & Trust purchased a new stake in Tesla in the second quarter worth $30,000. Finally, ESL Trust Services LLC boosted its holdings in Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after acquiring an additional 95 shares in the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TSLA has been the subject of several research analyst reports. Canaccord Genuity Group raised their target price on shares of Tesla from $482.00 to $551.00 and gave the stock a “buy” rating in a research report on Tuesday, December 23rd. Cowen restated a “buy” rating on shares of Tesla in a report on Monday, November 17th. Morgan Stanley set a $425.00 price objective on Tesla and gave the company an “equal weight” rating in a research report on Sunday, December 7th. Evercore ISI increased their target price on Tesla from $235.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Finally, Glj Research restated a “sell” rating and issued a $25.28 target price (up previously from $19.05) on shares of Tesla in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $408.54.

Insider Activity

In other Tesla news, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 119,457 shares of company stock worth $53,501,145 over the last three months. 19.90% of the stock is currently owned by corporate insiders.

Tesla Stock Performance

Shares of TSLA opened at $445.01 on Friday. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07. The stock has a market cap of $1.48 trillion, a P/E ratio of 296.67, a P/E/G ratio of 7.01 and a beta of 1.83. The business’s 50 day moving average price is $444.28 and its 200-day moving average price is $394.74. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83.

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

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Early rollout of the promised FSD “reasoning” upgrade gives the autonomy thesis credibility and supports upside for TSLA if wider software adoption follows. The ‘Reasoning’ Upgrade Tesla (TSLA) Promised Is Already Partly Here
• Positive Sentiment: Elon Musk’s public explanation for a sizable Nvidia hardware spend helped reframe Tesla as an AI/autonomy play rather than just an automaker, boosting investor confidence in the robo-taxi/AI optionality. Tesla Stock (NASDAQ:TSLA) Gains as Elon Musk Explains Nvidia Buy
• Positive Sentiment: Analyst and media narratives linking Tesla to broader AI/autonomy upside (Cybercab timelines, FSD progress) have traders pricing more optionality into TSLA and boosting short-term momentum. Tesla stock surges nearly 2% today: here’s why analysts see more upside
• Positive Sentiment: China deliveries showed healthy growth in December (best month ever claims), helping offset broader delivery concerns and supporting revenue momentum in Tesla’s largest market. Tesla China Sales Rise 13.2% In December To Clock Best Month Ever
• Neutral Sentiment: High options activity and volatility ahead of Tesla’s late-January earnings suggest traders are positioning for a big post-earnings move, which can amplify intraday swings. Tesla stock: what’s driving the spike in January options volume?
• Neutral Sentiment: Commentators (e.g., Jim Cramer) describe Tesla as an “enigma” — reflecting mixed sentiment that can sustain volatility but not necessarily a directional catalyst by itself. Jim Cramer Calls Tesla an “Enigma”
• Negative Sentiment: Q4/2025 delivery declines and repeated misses remain a concrete headwind to the core auto growth story, keeping some investors skeptical about near-term revenue and margin expansion. Tesla Stock (TSLA) Opinions on Q4 2025 Delivery Decline
• Negative Sentiment: Rising competition in autonomy from Nvidia and others is prompting skepticism about Tesla’s FSD monopoly and valuation premium; several pieces highlight this risk and pressuring analyst views. Tesla Adds Nvidia To Its Enemy List
• Negative Sentiment: Wall Street pushback—analyst downgrades/reiterated sells (e.g., UBS, Truist PT cut) and high-profile bearish takes—adds selling pressure and keeps the valuation debate alive. UBS Sticks With Sell on Tesla (TSLA) as AI Optimism Runs Ahead of Fundamentals
• Negative Sentiment: Recent insider selling (a director sale disclosed) and headline legal/exec controversies (Musk vs OpenAI dispute) can weigh on sentiment during volatile stretches. Insider Selling: Tesla (NASDAQ:TSLA) Director Sells $26,724,000.00 in Stock

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.