North Star Asset Management Inc. boosted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 73.2% during the third quarter, Holdings Channel reports. The institutional investor owned 3,310 shares of the electric vehicle producer’s stock after acquiring an additional 1,399 shares during the quarter. North Star Asset Management Inc.’s holdings in Tesla were worth $1,472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also modified their holdings of the company. Norges Bank bought a new stake in shares of Tesla during the second quarter valued at approximately $11,839,824,000. Vanguard Group Inc. raised its position in shares of Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after acquiring an additional 4,502,976 shares during the period. Amundi boosted its position in shares of Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after purchasing an additional 3,422,270 shares in the last quarter. Jennison Associates LLC grew its stake in Tesla by 38.3% in the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock valued at $4,851,747,000 after acquiring an additional 3,021,550 shares during the period. Finally, Geode Capital Management LLC increased its stake in Tesla by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after purchasing an additional 1,269,304 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the company. Royal Bank Of Canada restated an “outperform” rating and issued a $500.00 price target on shares of Tesla in a report on Thursday, January 29th. Benchmark reaffirmed a “buy” rating on shares of Tesla in a report on Wednesday, February 11th. CICC Research upped their price objective on shares of Tesla from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Evercore increased their target price on Tesla from $235.00 to $300.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $405.00 price objective on shares of Tesla in a report on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat, Tesla currently has an average rating of “Hold” and an average target price of $408.09.
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Grok AI expands internationally — Tesla has begun rolling out its Grok AI assistant to drivers in Australia and New Zealand, which supports the company’s strategy to grow software, in‑car services and recurring revenue streams. Tesla (TSLA) Rolls Out Its Grok AI Assistant to Australia and New Zealand Drivers
- Positive Sentiment: Market is still rewarding the AI/robotics narrative — coverage notes skepticism about Optimus but the stock has risen as investors price Tesla more like an AI/robotics platform than a legacy automaker, supporting upside if execution tests out. The Tesla Robot Opportunity Is a ‘Delusion.’ The Stock Rises Anyway.
- Neutral Sentiment: Valuation vs. narrative — analysts highlight Tesla’s P/E near multi‑year highs as the market prices long‑term robotics/AI growth; that makes the stock highly sensitive to any execution misses. Tesla’s P/E Is Near a 5-Year High—Buy Signal or Panic Signal?
- Negative Sentiment: Autopilot legal hit could be costly — a judge upheld a ~$243M jury verdict tied to an Autopilot‑related crash, a decision that signals larger liability and reputational headwinds for Tesla’s safety claims and FSD business economics. Tesla loses crucial Autopilot ruling that could cost hundreds of millions
- Negative Sentiment: Regulatory fight continues — Tesla has sued the California DMV to overturn a false‑advertising finding about FSD/Autopilot; ongoing regulatory scrutiny raises the risk of restrictions or required changes to marketing and product rollouts. Tesla vs California DMV not over yet — sues to reverse FSD false advertising ruling
- Negative Sentiment: Europe sales slipping — January EU registrations fell sharply (≈17% YoY) while rivals like BYD are gaining share, pressuring revenue and margins in a key market. Tesla’s Europe problem keeps getting worse. Here’s why
- Negative Sentiment: Execution & cost risk from pivot to robots — Tesla is repurposing Fremont production for Optimus and signaling >$20B capex for Robotaxi/AI infrastructure while winding down some premium vehicle lines; this increases near‑term cash burn and execution risk if robot revenues take time to materialize. Tesla Refocuses On AI And Robotics As Legal Risks Mount
- Negative Sentiment: Labor/hiring legal exposure — a U.S. judge allowed a discrimination lawsuit alleging preference for non‑U.S. workers to proceed, adding another potential legal and reputational headwind. Tesla must face lawsuit alleging anti‑American bias in hiring, US judge rules
Tesla Stock Performance
Shares of TSLA stock opened at $417.26 on Thursday. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The company has a market cap of $1.57 trillion, a price-to-earnings ratio of 386.35, a price-to-earnings-growth ratio of 14.47 and a beta of 1.86. The firm has a 50 day moving average of $436.53 and a 200-day moving average of $420.06.
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the previous year, the company posted $0.73 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. On average, equities analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year.
Insiders Place Their Bets
In related news, Director Kimbal Musk sold 56,820 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was 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 approximately $627,145,215.90. The trade was a 3.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 119,457 shares of company stock valued at $53,501,145. Insiders own 19.90% of the company’s stock.
Tesla 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.
Read More
- Five stocks we like better than Tesla
- MAJOR BUY ALERT: Mar-a-Lago/Trump/Elon
- REVEALED: Something Big Happening Behind White House Doors
- ALERT: Drop these 5 stocks before the market opens tomorrow!
- Elon Musk: This Could Turn $100 into $100,000
- Read this or regret it forever
Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
