Tesla, Inc. $TSLA Position Lessened by Journey Retirement Planning & Investment Management LLC

Journey Retirement Planning & Investment Management LLC cut its holdings in Tesla, Inc. (NASDAQ:TSLA) by 18.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 7,573 shares of the electric vehicle producer’s stock after selling 1,670 shares during the period. Tesla makes up 1.8% of Journey Retirement Planning & Investment Management LLC’s investment portfolio, making the stock its 10th largest position. Journey Retirement Planning & Investment Management LLC’s holdings in Tesla were worth $2,687,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in TSLA. Security National Bank of Sioux City Iowa IA purchased a new position in Tesla during the second quarter worth approximately $25,000. Friedenthal Financial boosted its holdings in Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after acquiring an additional 30 shares during the last quarter. Harborfront Financial Group LLC purchased a new position in shares of Tesla in the 2nd quarter worth about $34,000. Lam Group Inc. acquired a new stake in shares of Tesla in the first quarter worth $37,000. Finally, Montgomery Financial Services LLC purchased a new position in shares of Tesla in the 2nd quarter valued at $40,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European software rebrand may reduce regulatory friction: Tesla renamed “Full Self-Driving (Supervised)” to “Tesla Assisted Driving” in Europe after pressure from Germany’s transport ministry. Germany is advocating faster, Europe-wide approval, potentially expanding Tesla’s software subscriptions and strengthening the company’s autonomy narrative. EU approval is not yet guaranteed. Tesla renames Full Self-Driving to Tesla Assisted Driving in Europe
• Positive Sentiment: China-made vehicle sales improved: Tesla sold 95,366 Shanghai-made Model 3 and Model Y vehicles in September, up 5% year over year and marking an 11th consecutive month of growth. The result, together with signs of recovering European demand, supports hopes that Tesla’s global sales momentum is stabilizing. Tesla’s China-made EV sales quicken in September
• Positive Sentiment: AI and commercial-vehicle catalysts remain in focus: Analysts continue to describe Tesla as a “physical AI” investment, citing robotaxis, robotics, energy storage and the Cybercab. A 50-truck Tesla Semi order from IMC Logistics and planned Megacharger sites also provide incremental validation for Tesla’s expansion beyond passenger vehicles. Tesla Semi IMC deal
• Neutral Sentiment: Upcoming earnings are the next major test: Tesla’s third-quarter deliveries exceeded expectations at 486,532 vehicles, but investors will focus on automotive margins, profitability and the impact of heavy AI-related spending when earnings are released later this month. Tesla’s EV delivery beat
• Negative Sentiment: Valuation and earnings risks remain significant: Tesla trades at an exceptionally high earnings multiple, while analysts expect a double-digit third-quarter profit decline. Critics also point to rising capital expenditures, cash demands and continued pressure on automotive gross margins, leaving the stock vulnerable if AI initiatives do not generate results quickly. Tesla earnings preview

Tesla Stock Performance

Shares of NASDAQ:TSLA traded up $7.93 during trading on Friday, hitting $382.93. 27,914,555 shares of the company traded hands, compared to its average volume of 51,231,723. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The business’s fifty day moving average is $354.18 and its 200-day moving average is $377.19. The stock has a market capitalization of $1.51 trillion, a price-to-earnings ratio of 354.40, a PEG ratio of 20.56 and a beta of 1.92. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.33 EPS. As a group, equities analysts predict that Tesla, Inc. will post 0.83 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TSLA. JPMorgan Chase & Co. decreased their price target on Tesla from $445.00 to $415.00 and set a “neutral” rating for the company in a report on Monday, September 28th. Oppenheimer reaffirmed a “market perform” rating on shares of Tesla in a research note on Monday, September 21st. Citigroup reiterated a “market perform” rating on shares of Tesla in a report on Wednesday, September 16th. Morgan Stanley reissued a “reduce” rating on shares of Tesla in a research report on Monday, September 14th. Finally, Tigress Financial reiterated a “buy” rating and issued a $550.00 price target on shares of Tesla in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $412.19.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the transaction, the chief financial officer directly 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 filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company’s stock.

Tesla Company Profile

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.