Tesla, Inc. $TSLA Stock Holdings Lifted by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. increased its position in Tesla, Inc. (NASDAQ:TSLA) by 6.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 22,435 shares of the electric vehicle producer’s stock after buying an additional 1,297 shares during the quarter. Tesla makes up about 0.8% of Pinnacle Wealth Planning Services Inc.’s investment portfolio, making the stock its 22nd largest position. Pinnacle Wealth Planning Services Inc.’s holdings in Tesla were worth $7,960,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Bamco Inc. NY boosted 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 worth $5,267,911,000 after purchasing an additional 591,243 shares during the period. One Plus One Wealth Management LLC purchased a new stake in Tesla during the 2nd quarter valued at approximately $1,009,000. Bessemer Group Inc. raised its position in shares of Tesla by 23.6% during the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock valued at $20,908,000 after buying an additional 10,747 shares during the last quarter. H&H International Investment LLC bought a new stake in shares of Tesla during the first quarter valued at approximately $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Tesla by 12.4% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock worth $15,470,000 after buying an additional 4,806 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares in the company, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of research reports. Stifel Nicolaus set a $475.00 target price on shares of Tesla in a research report on Thursday, October 22nd. DZ Bank raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. BNP Paribas Exane upgraded shares of Tesla from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $266.00 to $420.00 in a report on Thursday, October 22nd. Morgan Stanley upgraded shares of Tesla from a “reduce” rating to an “overweight” rating in a research note on Monday. Finally, Wall Street Zen downgraded shares of Tesla from a “hold” rating to a “sell” rating in a report on Saturday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $414.51.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Barclays upgraded Tesla to Overweight with a $450 price target, arguing that the company’s potential extends beyond a SpaceX merger. Analysts cited electric vehicles, energy storage and Full Self-Driving subscriptions as independent growth drivers. Why Tesla’s Upside Is About More Than a SpaceX Merger
• Positive Sentiment: Optimism around robotaxis continued after Elon Musk said Tesla plans to expand service to Miami and Tampa beaches. ARK Invest also reaffirmed its highly bullish long-term price target, assigning most of Tesla’s projected future value to robotaxis. Elon Musk Says Tesla Robotaxi Expansion
• Positive Sentiment: Tesla’s battery-storage business is showing demand strength, with Megapack systems reportedly nearing a sellout through 2027. A growing battery-passport market could also benefit Tesla’s energy and compliance-related offerings. Tesla Is Nearing a Sellout of Megapack Systems
• Neutral Sentiment: Speculation about a Tesla-SpaceX merger remains a major market driver, but no transaction terms or agreement have been announced. Such a deal could provide strategic benefits while also creating dilution, governance and valuation concerns for Tesla shareholders. Elon Musk Says Merging SpaceX and Tesla Would Be a Good Idea
• Negative Sentiment: Recent positive free cash flow appears driven largely by lower-than-expected capital spending—$4.73 billion versus roughly $7.77 billion expected—rather than improved operations. Operating income reportedly fell 56% to $718 million, underscoring pressure on profitability while Tesla invests heavily in AI, robotaxis and Optimus. Tesla’s Free Cash Flow Just Turned Positive
• Negative Sentiment: Execution and regulatory concerns also weighed on sentiment: 80 Tesla drivers in South Korea reportedly face criminal referrals for unauthorized FSD activation, while commentary questioned the Roadster’s performance and the company’s ability to defend its autonomy lead against Waymo and Chinese rivals. Tesla’s extremely high earnings multiple leaves little room for disappointment. 80 Tesla Drivers Face Criminal Charges in South Korea

Tesla Stock Performance

NASDAQ:TSLA opened at $404.22 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The stock’s 50 day simple moving average is $367.47 and its two-hundred day simple moving average is $386.26. The company has a market cap of $1.60 trillion, a price-to-earnings ratio of 444.20, a PEG ratio of 23.62 and a beta of 1.92.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. The business had revenue of $28.05 billion for the quarter, compared to analysts’ expectations of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company’s revenue for the quarter was down .2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.50 EPS. As a group, equities analysts anticipate that Tesla, Inc. will post 0.70 earnings per share for the current fiscal year.

About Tesla

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.