Tesla, Inc. $TSLA Stock Bought by ProShare Advisors LLC

ProShare Advisors LLC lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 7.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,283,055 shares of the electric vehicle producer’s stock after acquiring an additional 159,722 shares during the quarter. Tesla makes up 1.2% of ProShare Advisors LLC’s investment portfolio, making the stock its 12th largest position. ProShare Advisors LLC’s holdings in Tesla were worth $810,051,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in TSLA. State Street Corp increased its stake in shares of Tesla by 2.4% in the 2nd quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock worth $49,402,312,000 after acquiring an additional 2,761,298 shares in the last quarter. Legal & General Group Plc purchased a new stake in shares of Tesla in the second quarter valued at approximately $8,535,612,000. Amundi grew its holdings in Tesla by 14.0% in the first quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after purchasing an additional 2,727,141 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Tesla in the second quarter worth $6,083,630,000. Finally, Bamco Inc. NY grew its stake in Tesla by 5.0% in the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after acquiring an additional 591,243 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TSLA has been the subject of a number of research reports. Morgan Stanley raised shares of Tesla from a “reduce” rating to an “overweight” rating in a report on Monday, October 26th. Monness Crespi & Hardt initiated coverage on shares of Tesla in a research note on Monday, October 26th. They set a “buy” rating for the company. UBS Group upgraded shares of Tesla from a “neutral” rating to a “buy” rating in a research report on Monday, October 26th. HSBC reiterated a “reduce” rating and set a $157.00 price objective on shares of Tesla in a research note on Monday, October 5th. Finally, DZ Bank upgraded shares of Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Tesla presently has a consensus rating of “Moderate Buy” and an average price target of $414.51.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 20.00% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s robotaxi business continues to generate optimism. The company added a Quiet Mode to Model Y robotaxis after driverless miles reportedly increased eightfold, potentially improving passenger comfort and supporting broader adoption. Tesla Adds Sleep-Friendly Robotaxi Feature After Driverless Miles Surge Eightfold
• Positive Sentiment: Analysts and financial commentators pointed to Cybercab, robotaxis, Optimus and AI as potential growth engines that could create new revenue streams beyond vehicle sales. Tesla’s European registrations also reached a record in September, with the Model Y and Model 3 ranking first and second. Tesla Could Be About to Unlock a Brand-New Revenue Stream
• Positive Sentiment: Tesla generated $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion, suggesting some capital discipline despite continued investment in AI, robotics and autonomy. Tesla’s Free Cash Flow Beat
• Neutral Sentiment: A possible Tesla-SpaceX merger remains a major source of speculative upside, but Bank of America warned that Chinese regulatory approval could be a significant obstacle, particularly because Tesla’s Shanghai operations could become linked to a U.S. defense contractor. Tesla-SpaceX Merger Could Face Regulatory Risk in China
• Negative Sentiment: A Seeking Alpha downgrade argued that Tesla’s valuation already discounts ambitious promises whose timelines continue to slip. Rising research and development spending for AI, Optimus and driverless vehicles is also pressuring operating profits. Tesla Paying Peak Multiples for Promises That Keep Slipping
• Negative Sentiment: Competition and execution concerns remain. Chinese rival XPeng promoted more commercially viable flying-car technology, Rivian is developing a competing autonomy strategy, and Tesla reportedly halted Cybertruck reservations and sales plans in Australia and New Zealand. Tesla Stock Falls as China Promotes Flying Cars

Tesla Stock Performance

NASDAQ TSLA opened at $399.81 on Friday. The company has a market cap of $1.58 trillion, a P/E ratio of 439.36, a P/E/G ratio of 24.77 and a beta of 1.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The business’s 50 day moving average price is $369.61 and its 200-day moving average price is $385.81.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The firm had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. During the same quarter in the previous year, the business earned $0.50 EPS. Tesla’s revenue for the quarter was down .2% compared to the same quarter last year. Sell-side analysts predict that Tesla, Inc. will post 0.67 earnings per share for the current year.

Tesla Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.