Tesla, Inc. $TSLA Stock: Parcion Private Wealth LLC Boosts Position

Parcion Private Wealth LLC grew its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 17.8% during the third quarter, Holdings Channel reports. The firm owned 13,616 shares of the electric vehicle producer’s stock after acquiring an additional 2,062 shares during the period. Parcion Private Wealth LLC’s holdings in Tesla were worth $4,831,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of the company. State Street Corp boosted its position in Tesla by 2.4% in the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after buying an additional 2,761,298 shares during the last quarter. Amundi raised its position in Tesla by 14.0% during the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after buying an additional 2,727,141 shares during the last quarter. Legal & General Group Plc purchased a new position in Tesla during the 2nd quarter worth approximately $8,535,612,000. Bank of New York Mellon Corp acquired a new stake in Tesla during the 2nd quarter valued at approximately $6,083,630,000. Finally, Bamco Inc. NY lifted its stake in Tesla by 5.0% during the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after acquiring an additional 591,243 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla Stock Down 0.9%

TSLA stock opened at $399.81 on Friday. The firm has a market cap of $1.58 trillion, a PE ratio of 439.36, a P/E/G ratio of 24.98 and a beta of 1.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. The firm’s fifty day moving average is $369.61 and its 200 day moving average is $385.81. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83.

Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same quarter in the prior year, the firm posted $0.50 earnings per share. The company’s revenue was down .2% compared to the same quarter last year. On average, research analysts forecast that Tesla, Inc. will post 0.67 EPS for the current year.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by company insiders.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla’s robotaxi business continues to generate optimism. The company added a Quiet Mode to Model Y robotaxis after driverless miles reportedly increased eightfold, potentially improving passenger comfort and supporting broader adoption. Tesla Adds Sleep-Friendly Robotaxi Feature After Driverless Miles Surge Eightfold
  • Positive Sentiment: Analysts and financial commentators pointed to Cybercab, robotaxis, Optimus and AI as potential growth engines that could create new revenue streams beyond vehicle sales. Tesla’s European registrations also reached a record in September, with the Model Y and Model 3 ranking first and second. Tesla Could Be About to Unlock a Brand-New Revenue Stream
  • Positive Sentiment: Tesla generated $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion, suggesting some capital discipline despite continued investment in AI, robotics and autonomy. Tesla’s Free Cash Flow Beat
  • Neutral Sentiment: A possible Tesla-SpaceX merger remains a major source of speculative upside, but Bank of America warned that Chinese regulatory approval could be a significant obstacle, particularly because Tesla’s Shanghai operations could become linked to a U.S. defense contractor. Tesla-SpaceX Merger Could Face Regulatory Risk in China
  • Negative Sentiment: A Seeking Alpha downgrade argued that Tesla’s valuation already discounts ambitious promises whose timelines continue to slip. Rising research and development spending for AI, Optimus and driverless vehicles is also pressuring operating profits. Tesla Paying Peak Multiples for Promises That Keep Slipping
  • Negative Sentiment: Competition and execution concerns remain. Chinese rival XPeng promoted more commercially viable flying-car technology, Rivian is developing a competing autonomy strategy, and Tesla reportedly halted Cybertruck reservations and sales plans in Australia and New Zealand. Tesla Stock Falls as China Promotes Flying Cars

Analyst Upgrades and Downgrades

Several research firms have recently commented on TSLA. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a report on Monday, October 19th. BNP Paribas Exane raised shares of Tesla from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $266.00 to $420.00 in a report on Thursday, October 22nd. Stifel Nicolaus set a $475.00 target price on shares of Tesla in a research report on Thursday, October 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $475.00 price target (up from $450.00) on shares of Tesla in a report on Thursday, October 22nd. Finally, Tigress Financial began coverage on Tesla in a research report on Thursday, October 22nd. They set a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $414.51.

Read Our Latest Research Report on Tesla

About Tesla

(Free Report)

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.

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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