Tesla, Inc. $TSLA Shares Sold by Legacy Financial Advisors Inc.

Legacy Financial Advisors Inc. lowered its holdings in Tesla, Inc. (NASDAQ:TSLA) by 8.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,790 shares of the electric vehicle producer’s stock after selling 1,425 shares during the period. Tesla accounts for 1.0% of Legacy Financial Advisors Inc.’s investment portfolio, making the stock its 19th biggest position. Legacy Financial Advisors Inc.’s holdings in Tesla were worth $7,022,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of TSLA. Norges Bank purchased a new position in shares of Tesla in the 2nd quarter worth $11,839,824,000. Vanguard Group Inc. increased its stake in Tesla by 1.8% during the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after acquiring an additional 4,502,976 shares during the last quarter. Amundi grew its holdings in shares of Tesla by 20.4% during the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after purchasing an additional 3,422,270 shares during the period. Jennison Associates LLC grew its stake in Tesla by 38.3% during the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $4,851,747,000 after buying an additional 3,021,550 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock valued at $20,480,477,000 after acquiring an additional 1,269,304 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Erste Group raised earnings estimates for Tesla, citing stronger margin or model mix expectations that support near‑term profit forecasts. This analyst upgrade is providing some offset to the negative headlines. Erste Group Bank Increases Earnings Estimates for Tesla
• Positive Sentiment: Wolfe Research reiterated a bullish structural thesis for Tesla’s robotaxi opportunity, modeling as much as a $250 billion revenue stream by 2035 — a reminder of why many investors still price in very large future optionality. One Analyst Thinks Tesla’s Robotaxi Revenue Could Soar to $250 Billion by 2035
• Positive Sentiment: Regulatory relief: Tesla removed the “Autopilot” marketing term and avoided a 30‑day California DMV license suspension — lowering near‑term regulatory risk around vehicle sales in a key U.S. market. Tesla Drops ‘Autopilot’ Term, Avoids 30-Day California License Suspension
• Neutral Sentiment: Insider filing: Rep. Gilbert Ray Cisneros Jr. disclosed an acquisition of TSLA shares — a small governance/ownership data point that has limited immediate market impact. Tesla (NASDAQ:TSLA) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.
• Negative Sentiment: Operational safety concerns: Reports of five new collisions involving Tesla robotaxis in Austin have prompted mixed analyst reactions and renewed scrutiny over Full Self‑Driving (FSD) reliability; that uncertainty is pressuring the stock given how much value is tied to robotaxi success. Mixed Analyst Sentiment on Tesla (TSLA) Post 5 New Collisions in the “Robotaxi” Fleet
• Negative Sentiment: Investor concern: Prominent investors including Ross Gerber say FSD performance “doesn’t seem to be improving” and suggested possible hardware changes — comments that raise the prospect of added costs or delays. Ross Gerber Says ‘Things Don’t Seem To Be Improving’ Amid Robotaxi Crashes
• Negative Sentiment: Competitive risk: Mukesh Ambani’s Jio unveiled low‑cost AI hardware (smart glasses, robots) aimed at spaces that overlap with Tesla’s Optimus/AI ambitions — a sign of growing global competition in robotics and AI hardware. India’s Richest Man, Mukesh Ambani, Is Taking On Elon Musk’s Tesla
• Negative Sentiment: Market share risk from rivals: Uber’s CEO said Uber expects to handle more AV trips than any rival this decade — a direct competitive comment that undercuts assumptions about Tesla dominating autonomous ride‑hailing. Uber’s CEO Just Delivered Disappointing News for Tesla Stock Investors
• Negative Sentiment: Legal/financial hit: A federal judge ruled Tesla still must pay $243 million related to a 2019 fatal Autopilot crash — a tangible liability that raises both direct costs and reputational risk. Tesla still has to pay $243 million over fatal Autopilot crash, judge rules
• Negative Sentiment: Analyst skepticism: GLJ Research reiterated a “Sell” rating on TSLA, reflecting a camp of analysts who see valuation and execution risks — contributing to downward pressure. Tesla’s (TSLA) “Sell” Rating Reiterated at Glj Research

Analysts Set New Price Targets

Several brokerages recently issued reports on TSLA. TD Cowen increased their price target on Tesla from $509.00 to $519.00 and gave the company a “buy” rating in a report on Thursday, January 29th. New Street Research raised their price target on shares of Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Canaccord Genuity Group set a $520.00 price objective on shares of Tesla in a report on Thursday, January 29th. Tigress Financial started coverage on Tesla in a research note on Thursday, February 12th. They set a “buy” rating and a $550.00 target price for the company. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $405.00 price target on shares of Tesla in a research note on Thursday, January 29th. Eighteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $408.09.

Insider Buying and Selling at Tesla

In related news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the transaction, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 119,457 shares of company stock valued at $53,501,145 in the last ninety days. Company insiders own 19.90% of the company’s stock.

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $411.82 on Monday. The company has a market cap of $1.55 trillion, a PE ratio of 381.31, a P/E/G ratio of 14.50 and a beta of 1.86. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. The firm has a 50-day simple moving average of $440.65 and a 200 day simple moving average of $418.98. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 EPS. On average, sell-side analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year.

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.