Rice Partnership LLC lessened its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 20.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,013 shares of the electric vehicle producer’s stock after selling 1,569 shares during the period. Rice Partnership LLC’s holdings in Tesla were worth $2,674,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of TSLA. Vanguard Group Inc. increased its position in shares of Tesla by 0.4% during the third quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer’s stock worth $112,241,237,000 after acquiring an additional 995,623 shares in the last quarter. Geode Capital Management LLC boosted its stake in 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 worth $20,480,477,000 after purchasing an additional 1,269,304 shares during the period. Norges Bank bought a new position in Tesla during the 2nd quarter worth about $11,839,824,000. Legal & General Group Plc raised its stake in shares of Tesla by 5.9% in the 2nd quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock valued at $6,424,705,000 after purchasing an additional 1,134,678 shares during the period. Finally, Amundi lifted its holdings in shares of Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after purchasing an additional 3,422,270 shares in the last quarter. 66.20% of the stock is owned by institutional investors.
Tesla News Roundup
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Progress on Optimus robotics and factory repurposing could materially expand Tesla’s TAM and margin profile if realized; bullish articles argue this is a multi‑year upside driver. Tesla’s Optimus Robot Could Reach Human-Level Proficiency in 2026 — Time to Buy?
- Positive Sentiment: Some analysts and models remain constructive (median 1‑yr targets around $500) and at least one regional bank raised EPS estimates — a reminder there is still upside if execution on software/robotics improves. Erste Group Bank Increases Earnings Estimates for Tesla
- Neutral Sentiment: Tesla dropped the “Autopilot” term to avoid a California license suspension — a tactical move that removes one near‑term regulatory risk but leaves broader FSD scrutiny unresolved. Tesla Drops ‘Autopilot’ Term, Avoids 30-Day California License Suspension
- Negative Sentiment: European vehicle registrations plunged (~17% YoY in January) — a 13th straight monthly decline — hitting TESLA demand where BYD and other competitors are aggressively growing share. Tesla’s Europe problem keeps getting worse. Here’s why
- Negative Sentiment: China’s BYD is extending its EU momentum (massive share gains), increasing competitive pressure on price and volume for Model Y and other segments. Tesla Sales Fall 17% In Europe As New Car Registrations Decline Nearly 4%—BYD Continues Momentum With 165% Surge
- Negative Sentiment: Legal and liability hits: a federal judge upheld a $243M jury verdict tied to an Autopilot‑related fatal crash, keeping meaningful litigation risk and potential cash outflows on the table. Tesla loses crucial Autopilot ruling that could cost hundreds of millions
- Negative Sentiment: Regulatory pressure on marketing/claims for FSD continues — California DMV labeled Tesla a false advertiser and Tesla has sued to reverse the ruling; ongoing regulatory uncertainty weighs on investor confidence for the FSD/autonomy thesis. Tesla sues California DMV to reverse ruling that company engaged in false advertising on FSD
- Negative Sentiment: Product/price pressure: Cybertruck pricing moves and broader EV price declines reflect softer demand and margin risk in the near term. Tesla Cybertruck Deal May Last Only 10 Days: Musk Says New Price Will Depend ‘On How Much Demand’ At $60K
- Negative Sentiment: FSD/robotaxi incidents and data issues continue to attract negative headlines and investor skepticism about short‑term autonomy execution. Tesla Stock (NASDAQ:TSLA) Plunges With FSD Data Issues
Insider Buying and Selling at Tesla
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the company. New Street Research lifted their target price on Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. TD Cowen lifted their price objective on shares of Tesla from $509.00 to $519.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Phillip Securities reduced their target price on shares of Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a report on Monday, February 2nd. JPMorgan Chase & Co. decreased their target price on shares of Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research report on Friday, January 30th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $510.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat, Tesla currently has a consensus rating of “Hold” and a consensus target price of $408.09.
Get Our Latest Analysis on TSLA
Tesla Stock Down 2.9%
Shares of TSLA opened at $399.83 on Tuesday. The company has a 50-day simple moving average of $439.14 and a 200-day simple moving average of $419.52. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The firm has a market capitalization of $1.50 trillion, a P/E ratio of 370.21, a P/E/G ratio of 14.50 and a beta of 1.86. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The company had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the firm earned $0.73 EPS. On average, equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share 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.
Featured Stories
- Five stocks we like better than Tesla
- Elon Musk already made me a “wealthy man”
- Elon’s Secret AI Partner?
- Silver $500? The “Deficit Math” says it’s possible.
- Elon Musk: This Could Turn $100 into $100,000
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
