Tesla, Inc. $TSLA Stock Position Lowered by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. reduced its position in Tesla, Inc. (NASDAQ:TSLA) by 65.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,931 shares of the electric vehicle producer’s stock after selling 3,725 shares during the period. Goelzer Investment Management Inc.’s holdings in Tesla were worth $685,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TSLA. Bamco Inc. NY increased its position in Tesla by 5.0% during the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after buying an additional 591,243 shares in the last quarter. One Plus One Wealth Management LLC purchased a new stake in shares of Tesla in the second quarter valued at $1,009,000. Bessemer Group Inc. lifted its position in shares of Tesla by 23.6% in the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock valued at $20,908,000 after acquiring an additional 10,747 shares in the last quarter. H&H International Investment LLC purchased a new stake in shares of Tesla in the first quarter valued at $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in shares of Tesla by 12.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock valued at $15,470,000 after acquiring an additional 4,806 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla Price Performance

Tesla stock opened at $354.72 on Friday. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The firm has a 50 day moving average price of $359.98 and a 200 day moving average price of $376.90. The company has a market cap of $1.40 trillion, a price-to-earnings ratio of 328.45, a PEG ratio of 23.03 and a beta of 1.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate 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 return on equity of 3.82% and a net margin of 3.67%. The business’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period last year, the company posted $0.33 EPS. Sell-side analysts predict that Tesla, Inc. will post 0.71 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on TSLA shares. Citigroup reiterated a “market perform” rating on shares of Tesla in a research report on Wednesday, September 16th. Mizuho set a $450.00 target price on shares of Tesla and gave the company an “outperform” rating in a report on Thursday, July 23rd. Piper Sandler assumed coverage on shares of Tesla in a report on Monday, September 14th. They issued an “overweight” rating on the stock. Truist Financial set a $370.00 price target on shares of Tesla and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Finally, UBS Group reiterated a “buy” rating and set a $391.00 price target (up from $385.00) on shares of Tesla in a report on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $412.33.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla unveiled its redesigned Roadster with SpaceX-developed compressed-air thrusters that allowed the prototype to briefly hover and perform aerial maneuvers. The demonstration reinforced Tesla’s technology and branding appeal, although the vehicle is positioned as a high-priced, low-volume halo product. Tesla Unveils Flying Roadster
• Positive Sentiment: A U.S. appeals court blocked class-action lawsuits related to Tesla’s self-driving claims, potentially reducing near-term legal exposure. Separately, Slovakia approved Tesla’s self-driving technology, providing a regulatory foothold for its autonomy ambitions. Appeals Court Blocks Self-Driving Class Actions
• Neutral Sentiment: Speculation about a Tesla-SpaceX combination intensified after the Roadster’s SpaceX technology showcase. Prediction-market odds for a merger before March 2027 rose above 50%, but there is no announced transaction, making the potential catalyst highly speculative. Tesla-SpaceX Merger Odds Rise
• Negative Sentiment: The Roadster’s production is not expected until 2028, and key details such as final pricing, certification, and commercial practicality remain unclear. Analysts argued that the spectacle is unlikely to materially improve near-term revenue or earnings, particularly for a company valued at roughly $1.4 trillion. Roadster Hype Cannot Mask Margin and Cash Flow Concerns
• Negative Sentiment: Tesla Energy and Charging chief Mike Snyder reportedly left the company as CEO Elon Musk emphasizes AI, robotics, and autonomy. The leadership change raises questions about Tesla’s commitment to its energy business. Investors are also bracing for third-quarter earnings on October 21 amid expectations for pressure on margins, free cash flow, and earnings estimates. Tesla Energy Chief Reportedly Leaves

Insider Buying and Selling at Tesla

In other 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 transaction of $938,498.78. Following the completion of the sale, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by company insiders.

Tesla Company 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.