HighTower Advisors LLC boosted its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 2.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 931,959 shares of the electric vehicle producer’s stock after buying an additional 19,627 shares during the quarter. HighTower Advisors LLC’s holdings in Tesla were worth $419,120,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of TSLA. Crestwood Advisors Group LLC increased its position in Tesla by 34.7% in the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after buying an additional 5,039 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Tesla by 29.6% during the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock worth $14,487,000 after acquiring an additional 7,446 shares during the period. Calamos Wealth Management LLC increased its holdings in Tesla by 5.9% in the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock worth $18,846,000 after acquiring an additional 2,341 shares during the last quarter. China Universal Asset Management Co. Ltd. increased its holdings in Tesla by 8.8% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock worth $21,571,000 after acquiring an additional 3,935 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC raised its stake in Tesla by 26.0% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock valued at $8,019,000 after acquiring an additional 3,724 shares during the period. 66.20% of the stock is currently owned by institutional investors.
Tesla Stock Performance
NASDAQ:TSLA opened at $409.99 on Tuesday. The stock has a market cap of $1.54 trillion, a P/E ratio of 376.14, a PEG ratio of 16.67 and a beta of 1.79. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The business’s 50-day moving average price is $386.50 and its two-hundred day moving average price is $417.68. Tesla, Inc. has a twelve month low of $273.21 and a twelve month high of $498.83.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the stock. Truist Financial cut their target price on shares of Tesla from $438.00 to $400.00 and set a “hold” rating for the company in a research report on Thursday, April 2nd. Glj Research restated a “sell” rating on shares of Tesla in a research note on Tuesday, April 21st. Zacks Research raised shares of Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. reissued a “sell” rating on shares of Tesla in a report on Wednesday, April 22nd. Finally, Wells Fargo & Company dropped their target price on Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a research report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, Tesla currently has an average rating of “Hold” and an average price target of $395.20.
Read Our Latest Report on TSLA
Key Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla raised Model Y prices in the U.S. for the first time since 2024, which could signal improving pricing power and help support margins if demand holds up. Article Title
- Positive Sentiment: Elon Musk continues to promote Tesla’s autonomy push, saying unsupervised self-driving and robotaxi service could become more widespread later this year, reinforcing the long-term bull case tied to software and AI. Article Title
- Positive Sentiment: XPeng’s robotaxi launch was viewed by some analysts as indirect validation of Tesla’s self-driving strategy, keeping attention on Tesla’s lead in autonomous vehicle development. Article Title
- Neutral Sentiment: Tesla’s $250 million battery expansion in Germany supports its European growth strategy, but the added capital spending also raises the bar for near-term payoff. Article Title
- Negative Sentiment: A court setback for Musk’s OpenAI-related lawsuit adds another headline risk around the CEO’s broader distraction and litigation overhang. Article Title
- Negative Sentiment: Multiple reports said Tesla stock weakened after the Model Y price hike and a separate lawsuit over Full Self-Driving promises succeeded, suggesting investors remain skeptical of Tesla’s near-term fundamentals and autonomy claims. Article Title
- Negative Sentiment: Several articles pointed to mounting scrutiny over robotaxi safety, reported crashes, and growing legal/regulatory pressure, which could weigh on confidence in Tesla’s autonomy timeline. Article Title
- Negative Sentiment: Hedge fund filings showed notable reductions in Tesla holdings by some managers, and one report warned that a potential SpaceX IPO could pull retail attention and capital away from TSLA. Article Title
Insiders Place Their Bets
In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 83,213 shares of company stock worth $32,201,105 in the last three months. Insiders own 19.90% of the company’s stock.
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.
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