TD Waterhouse Canada Inc. Sells 16,418 Shares of Tesla, Inc. $TSLA

TD Waterhouse Canada Inc. lowered its position in Tesla, Inc. (NASDAQ:TSLA) by 15.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,806 shares of the electric vehicle producer’s stock after selling 16,418 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Tesla were worth $42,080,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Manning & Napier Advisors LLC bought a new position in Tesla during the third quarter worth about $29,000. Westend Capital Management LLC acquired a new stake in shares of Tesla in the third quarter valued at approximately $32,000. Chapman Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter worth approximately $26,000. LGT Financial Advisors LLC acquired a new position in shares of Tesla during the 2nd quarter worth approximately $29,000. Finally, CoreFirst Bank & Trust bought a new stake in Tesla in the 2nd quarter valued at $30,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat Q4 revenue and EPS expectations and showed growth in energy-storage revenue, which supports near-term cash flow and offsets auto weakness. Reuters: Tesla revenue beats estimates
• Positive Sentiment: Tesla disclosed a ~$2B investment in Elon Musk’s xAI and reiterated plans to expand robotaxi/Optimus initiatives — a narrative that could re-rate Tesla if the “physical AI” story delivers substantial recurring software or robot revenue. CNBC: Tesla to invest $2B in xAI
• Positive Sentiment: Late-session headlines that SpaceX is exploring a merger or tie‑up with Tesla buoyed sentiment and drove short-term buying interest tied to consolidation/speculation. Reuters: SpaceX said to consider merger with Tesla
• Neutral Sentiment: Analyst reactions are mixed — some firms raised targets (TD Cowen, Cantor Fitzgerald), others trimmed them or kept conservative ratings — adding dispersion to near-term price targets and investor guidance expectations. MarketScreener: TD Cowen raises target
• Neutral Sentiment: Tesla disclosed 1.1M active FSD subscriptions and emphasized robotaxi rollout — useful long-term optionality but uncertain timing and monetization scale. Benzinga: FSD subscriptions revealed
• Negative Sentiment: Tesla reported its first full-year revenue decline and falling vehicle deliveries, and profitability was pressured — fundamentals that justify caution for investors focused on the traditional auto business. FT: Tesla suffers first annual drop in revenue
• Negative Sentiment: Management guided capex to more than $20B for 2026 to fund robots, chips and factories — a major increase that raises cash‑burn and execution risk until those investments prove revenue-generating. Reuters: Tesla plans $20B capex
• Negative Sentiment: Ending Model S and Model X production and converting lines for Optimus is disruptive operationally and removes legacy revenue lines while new businesses scale — a near-term headwind with uncertain payback timing. CNBC: Tesla ending Model S and X production

Analyst Ratings Changes

Several equities analysts have commented on the stock. Bank of America upped their price objective on shares of Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Stifel Nicolaus set a $508.00 target price on shares of Tesla in a report on Thursday. Industrial Alliance Securities set a $300.00 price target on shares of Tesla in a report on Monday, October 13th. UBS Group boosted their price objective on Tesla from $307.00 to $352.00 and gave the stock a “sell” rating in a report on Thursday. Finally, Benchmark reaffirmed a “buy” rating on shares of Tesla in a research report on Thursday, October 23rd. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and eight have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Tesla presently has a consensus rating of “Hold” and an average price target of $410.86.

Insider Transactions at Tesla

In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director directly owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 119,457 shares of company stock valued at $53,501,145. 19.90% of the stock is owned by corporate insiders.

Tesla Stock Down 3.5%

Shares of TSLA opened at $416.56 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The firm’s 50 day moving average is $446.91 and its 200-day moving average is $406.71. The stock has a market capitalization of $1.39 trillion, a PE ratio of 385.70, a P/E/G ratio of 7.36 and a beta of 1.83.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.93% and a net margin of 4.00%.The business had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. During the same period in the previous year, the company posted $0.73 earnings per share. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. Equities research analysts forecast that Tesla, Inc. will post 2.56 EPS 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.