PFG Private Wealth Management LLC decreased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 93.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 473 shares of the electric vehicle producer’s stock after selling 7,056 shares during the period. PFG Private Wealth Management LLC’s holdings in Tesla were worth $213,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also modified their holdings of the business. Chapman Financial Group LLC purchased a new position in Tesla in the second quarter worth $26,000. Manning & Napier Advisors LLC acquired a new stake in Tesla in the third quarter valued at $29,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla during the 2nd quarter worth $30,000. Turning Point Benefit Group Inc. acquired a new position in shares of Tesla during the 3rd quarter worth $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in shares of Tesla in the 3rd quarter valued at about $31,000. 66.20% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Elon Musk said a broader release of FSD 14.3 is expected by the week’s end — a near‑term product catalyst that supports Tesla’s autonomy narrative and upside to future software revenue. Musk: FSD 14.3 broader release
- Positive Sentiment: European sales data show a sharp rebound — French registrations more than tripled in March and Nordic markets also surged, signaling improving continental demand after last year’s market share loss. This underpins delivery optimism and regional recovery expectations. France registrations triple
- Positive Sentiment: CEO Musk flagged a “big” investment in Japan to expand service and Supercharger capacity — a tangible infrastructure spending plan that can improve ownership economics and sales prospects in a key market. Musk: Japan investment
- Neutral Sentiment: Market focus on Q1 deliveries — consensus expects ~365–366k units but several outlets flag a likely sequential dip; the delivery print (due early Thursday) is the imminent event risk that will drive volatility either way. Q1 deliveries likely dip
- Neutral Sentiment: Analysts are re‑rating and adjusting models: Canaccord nudged delivery estimates but cut its price target, reflecting mixed analyst views that keep upside/downside balanced ahead of the print. Canaccord cuts PT
- Negative Sentiment: Zacks Research downgraded TSLA to “Strong Sell” and trimmed EPS forecasts — a formal sell rating and lowered estimates that can pressure sentiment and trigger further analyst negativity. Zacks downgrades to Strong Sell
- Negative Sentiment: Competition is heating: Nio reported a 136% YoY surge in March deliveries, highlighting regional share challenges that could cap Tesla’s growth expectations in China and Europe. Nio delivery surge
- Negative Sentiment: Elon Musk announced the end of Model S and X production — removes higher‑margin lines and underscores Tesla’s shift toward new product priorities (robotaxis/Optimus), which some investors view as near‑term margin risk. Model S/X production ends
- Negative Sentiment: Several outlets flag margin and growth risks — lingering worries about profitability, high valuation and potential delivery softness keep downside risk if the upcoming delivery report disappoints. Margin & valuation concerns
Insider Activity at Tesla
Wall Street Analysts Forecast Growth
TSLA has been the subject of several recent analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Tesla from $500.00 to $480.00 and set a “buy” rating for the company in a report on Friday, January 30th. Morgan Stanley set a $415.00 price target on shares of Tesla and gave the company an “equal weight” rating in a research report on Thursday, January 29th. Zacks Research lowered Tesla from a “hold” rating to a “strong sell” rating in a research note on Monday. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Tesla in a research note on Thursday, March 26th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus target price of $403.98.
Check Out Our Latest Stock Analysis on Tesla
Tesla Stock Performance
NASDAQ:TSLA opened at $381.26 on Thursday. 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 market capitalization of $1.43 trillion, a P/E ratio of 353.02, a price-to-earnings-growth ratio of 11.00 and a beta of 1.91. The firm has a 50-day moving average price of $404.61 and a two-hundred day moving average price of $428.32. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last announced 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. The company had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.73 earnings per share. As a group, research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal 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.
See Also
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