Tesla, Inc. $TSLA Shares Sold by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC lowered its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 16.9% during the third quarter, HoldingsChannel reports. The fund owned 8,520 shares of the electric vehicle producer’s stock after selling 1,735 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Tesla were worth $3,023,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Global Assets Advisory LLC raised its stake in shares of Tesla by 8.0% in the 3rd quarter. Global Assets Advisory LLC now owns 15,141 shares of the electric vehicle producer’s stock valued at $5,743,000 after buying an additional 1,121 shares in the last quarter. Summit Global Investments raised its stake in shares of Tesla by 16.1% in the third quarter. Summit Global Investments now owns 52,231 shares of the electric vehicle producer’s stock valued at $18,532,000 after acquiring an additional 7,250 shares during the last quarter. Opinicus Capital Inc. raised its stake in shares of Tesla by 4.3% in the third quarter. Opinicus Capital Inc. now owns 2,616 shares of the electric vehicle producer’s stock valued at $928,000 after acquiring an additional 109 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its holdings in shares of Tesla by 6.6% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 2,390 shares of the electric vehicle producer’s stock worth $848,000 after acquiring an additional 149 shares in the last quarter. Finally, Greatmark Investment Partners Inc. grew its position in Tesla by 56.4% during the 3rd quarter. Greatmark Investment Partners Inc. now owns 1,040 shares of the electric vehicle producer’s stock worth $369,000 after acquiring an additional 375 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Key Tesla News

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

Wall Street Analysts Forecast Growth

TSLA has been the subject of a number of research reports. Tigress Financial began coverage on Tesla in a research note on Thursday, October 22nd. They issued a “buy” rating for the company. Oppenheimer started coverage on Tesla in a research note on Thursday, October 22nd. They set an “outperform” rating for the company. Citigroup reiterated a “neutral” rating on shares of Tesla in a report on Wednesday, October 21st. Barclays upgraded shares of Tesla from an “outperform” rating to an “overweight” rating and lifted their price objective for the company from $370.00 to $450.00 in a report on Monday, October 26th. Finally, Glj Research reaffirmed a “sell” rating on shares of Tesla in a research report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Tesla presently has a consensus rating of “Moderate Buy” and a consensus target price of $414.51.

Tesla Stock Performance

TSLA opened at $399.81 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. The business has a fifty day simple moving average of $369.61 and a 200 day simple moving average of $385.81. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The company has a market capitalization of $1.58 trillion, a PE ratio of 439.36, a price-to-earnings-growth ratio of 24.77 and a beta of 1.92.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same quarter in the previous year, the firm posted $0.50 EPS. The business’s revenue for the quarter was down .2% compared to the same quarter last year. Research analysts expect that Tesla, Inc. will post 0.67 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated 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 owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through 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 corporate 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.