Hohimer Wealth Management LLC Acquires 3,838 Shares of Tesla, Inc. $TSLA

Hohimer Wealth Management LLC increased its stake in Tesla, Inc. (NASDAQ:TSLA) by 39.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,553 shares of the electric vehicle producer’s stock after purchasing an additional 3,838 shares during the quarter. Tesla makes up approximately 0.8% of Hohimer Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position. Hohimer Wealth Management LLC’s holdings in Tesla were worth $6,027,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of TSLA. Narwhal Capital Management grew its stake in Tesla by 32.8% during the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock valued at $4,232,000 after acquiring an additional 2,350 shares in the last quarter. Norges Bank bought a new position in shares of Tesla during the 2nd quarter valued at about $11,839,824,000. Police & Firemen s Retirement System of New Jersey boosted its holdings in shares of Tesla by 5.6% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer’s stock valued at $135,688,000 after purchasing an additional 22,607 shares during the last quarter. China Universal Asset Management Co. Ltd. grew its position in shares of Tesla by 8.8% during the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock valued at $21,571,000 after purchasing an additional 3,935 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its holdings in shares of Tesla by 26.0% in the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock worth $8,019,000 after purchasing an additional 3,724 shares during the last quarter. Institutional investors own 66.20% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on TSLA. CICC Research increased their price target on Tesla from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Wells Fargo & Company lowered their target price on Tesla from $130.00 to $125.00 and set an “underweight” rating for the company in a research report on Thursday, January 29th. Canaccord Genuity Group set a $520.00 price target on shares of Tesla in a research report on Thursday, January 29th. Dbs Bank raised shares of Tesla to a “hold” rating in a research note on Wednesday, November 5th. Finally, Stifel Nicolaus set a $508.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $408.09.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reports a pickup in demand after cutting the Cybertruck price, which could help near-term retail sales — though CEO Musk says the reduced price is time-limited. Tesla Seeing Strong Demand For Cheaper Cybertruck, But Musk’s 10-Day Deadline Remains In Place
• Positive Sentiment: Tesla booked a large Megapack engagement to power a 400MW AI data‑center in Brazil — a meaningful commercial-battery win that supports non‑auto revenue growth. Tesla’s Megapack Will Power 400MW AI Data Center in Brazil
• Neutral Sentiment: German labor dispute at the Berlin plant saw a settlement with IG Metall, removing an immediate industrial‑relations overhang in Europe. German union says settlement reached in dispute with Tesla
• Neutral Sentiment: Broad tech weakness after Nvidia’s report and a Nasdaq selloff is pressuring high‑multiple names including Tesla; some commentary notes limited direct read‑through to Tesla’s robot business but market risk‑off matters. Tesla Stock Falls. What Nvidia’s Earnings Mean for the EV Maker’s Robots.
• Negative Sentiment: Multiple reports highlight stalled robotaxi progress in California — Tesla logged zero test miles for its robotaxi program and has not advanced permit work despite public timelines, raising doubts on the “robotaxi lifeline” many investors expect. Musk touts California robotaxis but Tesla does nothing to get permits
• Negative Sentiment: Safety and regulatory headlines intensified: a Fortune piece cites Tesla data showing robotaxis perform worse than human drivers by several multiples, and Tesla is battling the California DMV over FSD advertising — both raise regulatory, legal and reputation risk. By Tesla’s own math, it reveals that its robotaxis are 4x worse at driving than humans Tesla pushes back against California’s regulators
• Negative Sentiment: Competition in China is heating up: BYD overtook Tesla in 2025 and is offering aggressive financing in China — this pressures volumes and pricing in Tesla’s largest market. BYD Takes On Tesla In Chinese Market With Daily Financing As Low As $4.20
• Negative Sentiment: Ongoing legal and labor risks: a hiring‑discrimination suit is moving forward, and recent high‑profile autopilot liability verdicts keep legal exposure front‑and‑center for investors. Tesla lawsuit alleging US hiring discrimination moves forward Ross Gerber Warns Tesla’s ‘Mad Max’ FSD Mode Is ‘Basically Unsafe’

Insider Buying and Selling

In related news, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction 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 completion of the transaction, the director owned 577,031 shares in the company, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. This trade represents a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 119,457 shares of company stock valued at $53,501,145. Insiders own 19.90% of the company’s stock.

Tesla Price Performance

Tesla stock opened at $408.58 on Friday. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The firm has a 50-day moving average price of $435.03 and a 200-day moving average price of $419.99. The firm has a market capitalization of $1.53 trillion, a PE ratio of 378.31, a price-to-earnings-growth ratio of 14.75 and a beta of 1.86.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same period in the prior year, the company posted $0.73 EPS. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. As a group, equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.

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.