Primoris Wealth Advisors LLC Has $2.04 Million Stake in Tesla, Inc. $TSLA

Primoris Wealth Advisors LLC lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 759.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,527 shares of the electric vehicle producer’s stock after purchasing an additional 4,000 shares during the period. Tesla accounts for 1.2% of Primoris Wealth Advisors LLC’s holdings, making the stock its 27th biggest position. Primoris Wealth Advisors LLC’s holdings in Tesla were worth $2,036,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Networth Advisors LLC purchased a new stake in Tesla in the 4th quarter valued at $26,000. Davidson Capital Management Inc. raised its position in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after buying an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new stake in Tesla in the 3rd quarter valued at $30,000. Manning & Napier Advisors LLC purchased a new stake in Tesla in the 3rd quarter valued at $29,000. Finally, Prism Advisors Inc. purchased a new stake in Tesla in the 4th quarter valued at $30,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 80,213 shares of company stock valued at $30,851,105. 19.90% of the stock is currently owned by insiders.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: UK and several European markets showed strong recovery in April, with UK sales jumping ~62% and registrations rising in Sweden, France and Denmark — supportive for near‑term revenue outside the U.S. Tesla sales in UK continue recovery, jump 62% in April
• Positive Sentiment: New brand‑loyalty rankings place Tesla at the top in the U.S., reinforcing customer retention and aftermarket/service revenue potential. Tesla Brand Recovery? New Survey Shows EV Giant Top Rating For US Loyalty – Palihapitiya Says ‘Once You Drive A Tesla…’
• Positive Sentiment: Company continues to expand robotaxi/Cybercab operations (Texas rollouts cited) — a long‑term, higher‑margin revenue path if regulatory and technical hurdles are cleared. Elon Musk’s Robotaxi Plans Take Shape With Dallas, Houston Rollout, But Tesla Is Still Far Behind Waymo
• Neutral Sentiment: Regulators in the EU are reviewing Tesla’s supervised FSD approval; an explainer outlines the approval path and outstanding steps — progress helps the story but does not guarantee broad commercial rollout. Explainer: Tesla’s road to Full Self-Driving approval in Europe
• Neutral Sentiment: Market commentary notes Tesla hit a “symbolic” self‑driving milestone (a numeric safety threshold), but real‑world mapping, edge‑case and regulatory work remain — milestone supports narrative more than immediate revenue. Tesla just hit a ‘symbolic’ self-driving milestone. Real-world success will be tougher.
• Negative Sentiment: Investigative reporting finds nearly 20% of delivered Cybertrucks went to Elon Musk’s other companies, raising questions about genuine consumer demand and future fleet economics for the vehicle. Hiltzik: How many Cybertrucks has Tesla sold to the public? Fewer than you might think
• Negative Sentiment: EU regulators have expressed skepticism about FSD safety claims even as RDW seeks EU approval — growing regulatory scrutiny could delay commercial scale‑up and add compliance risk. Exclusive: Tesla faces EU skepticism over automated-driving tech, records show
• Negative Sentiment: Director Kathleen Wilson‑Thompson sold 26,409 shares under a 10b5‑1 plan (disclosed); while pre‑arranged plans limit interpretability, insider selling can weigh on sentiment. Insider Selling: Tesla (NASDAQ:TSLA) Director Sells 26,409 Shares of Stock
• Negative Sentiment: Coverage highlights rising regulatory and competitive roadblocks to the driverless/robotaxi thesis and cautions on heavy AI/robotics spending that pressures near‑term margins and cash flow. Tesla Stock (TSLA) Drags as Driverless Ambitions Face More Roadblocks

Tesla Trading Up 0.4%

Shares of Tesla stock opened at $392.38 on Tuesday. The stock has a fifty day moving average price of $383.09 and a 200-day moving average price of $419.10. Tesla, Inc. has a 1 year low of $271.00 and a 1 year high of $498.83. The firm has a market cap of $1.47 trillion, a PE ratio of 359.98, a P/E/G ratio of 14.87 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter last year, the firm posted $0.27 EPS. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. Equities research analysts anticipate that Tesla, Inc. will post 1.25 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Glj Research reissued a “sell” rating on shares of Tesla in a research report on Tuesday, April 21st. TD Cowen reissued a “buy” rating and issued a $490.00 price target on shares of Tesla in a research report on Thursday, April 23rd. UBS Group reissued a “neutral” rating and issued a $364.00 price target (up from $352.00) on shares of Tesla in a research report on Thursday, April 23rd. HSBC started coverage on Tesla in a research report on Monday, April 27th. They set a “buy” rating for the company. Finally, China Renaissance decreased their target price on Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Nineteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, Tesla has a consensus rating of “Hold” and an average price target of $398.42.

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.