Atreides Management LP Lowers Stock Holdings in Tesla, Inc. $TSLA

Atreides Management LP reduced its holdings in Tesla, Inc. (NASDAQ:TSLA) by 35.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 206,562 shares of the electric vehicle producer’s stock after selling 115,335 shares during the quarter. Tesla makes up 1.8% of Atreides Management LP’s portfolio, making the stock its 18th biggest holding. Atreides Management LP’s holdings in Tesla were worth $91,862,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Chapman Financial Group LLC acquired a new position in shares of Tesla during the 2nd quarter valued at about $26,000. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla in the third quarter worth approximately $29,000. CoreFirst Bank & Trust purchased a new stake in Tesla in the second quarter valued at approximately $30,000. Texas Capital Bancshares Inc TX acquired a new position in Tesla during the third quarter worth approximately $31,000. Finally, ESL Trust Services LLC raised its stake in Tesla by 1,900.0% during the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after purchasing an additional 95 shares during the period. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla Stock Down 1.0%

Shares of Tesla stock opened at $391.20 on Friday. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The stock has a market cap of $1.47 trillion, a price-to-earnings ratio of 362.22, a price-to-earnings-growth ratio of 11.57 and a beta of 1.89. 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 company has a fifty day moving average price of $419.98 and a 200 day moving average price of $425.48.

Tesla (NASDAQ:TSLA) 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. The company had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm’s revenue was down 3.1% compared to the same quarter last year. During the same period last year, the company posted $0.73 earnings per share. Equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the completion of the transaction, the director owned 19,669 shares in the company, valued at $8,173,649.64. This represents a 56.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 87,995 shares of company stock worth $38,315,650. 19.90% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China-made EV deliveries jumped sharply, signaling a possible demand rebound in Tesla’s largest growth market — a near-term tailwind for revenue and utilization at Giga Shanghai. Tesla’s China-Made EV Sales Just Nearly Doubled
• Positive Sentiment: The UK regulator granted Tesla Energy Ventures a licence to sell electricity to households and businesses in Great Britain — expanding a recurring‑revenue energy business that diversifies Tesla beyond vehicle sales. Tesla’s energy business wins approval to supply electricity in UK
• Positive Sentiment: FTC approval allows Tesla to convert its xAI investment into a small stake in SpaceX — a potential way to capture upside from a future SpaceX IPO and recycle capital toward core Tesla initiatives. Tesla Approved To Convert xAI Stakes Into SpaceX
• Neutral Sentiment: Elon Musk’s Macrohard AI initiative and Tesla’s increasing software focus could unlock high-margin services (robotaxi/agent revenue) but are unproven at scale and are already commanding more investor attention than monthly delivery data. Tesla Turns into A ‘Software-Killer’ With Macrohard
• Neutral Sentiment: Management says Optimus 3 will be released on an annual design cadence; robotics/Optimus progress is a medium‑term upside but execution timelines remain a major source of uncertainty. This Is Elon Musk’s Latest Optimus 3 Production Timeline
• Negative Sentiment: Rivian’s R2 launch and mass-market push create renewed competitive pressure in the midsize SUV segment — a near-term risk to Tesla’s Model Y pricing and volume if Rivian executes on a lower‑priced, high‑volume ramp. Rivian Is About to Challenge Tesla Where It Hurts Most
• Negative Sentiment: Analyst and safety concerns: third‑party FSD metrics and at least one firm’s negative coverage highlight deteriorating disengagement/safety data — a material regulatory and litigation risk that can depress multiples and slow robotaxi commercialization. Tesla’s FSD Safety Metrics ‘Sharply Deteriorating,’ Says Analyst
• Negative Sentiment: xAI leadership churn and reported layoffs raise governance and execution questions around Tesla’s broader AI strategy — investors may penalize near-term stock performance until the AI/robotics roadmap shows consistent progress. Musk ousts more xAI founders as AI coding effort falters, FT reports

Wall Street Analyst Weigh In

TSLA has been the subject of several research reports. President Capital lowered their price objective on shares of Tesla from $517.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Truist Financial cut their target price on Tesla from $439.00 to $438.00 and set a “hold” rating on the stock in a research report on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $500.00 price target on shares of Tesla in a research report on Thursday, January 29th. Bank of America began coverage on Tesla in a research note on Wednesday, March 4th. They set a “buy” rating and a $460.00 price target for the company. Finally, William Blair restated a “market perform” rating on shares of Tesla in a report on Friday, January 2nd. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $406.84.

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.