Mirador Capital Partners LP increased its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 105.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,023 shares of the electric vehicle producer’s stock after purchasing an additional 6,178 shares during the quarter. Mirador Capital Partners LP’s holdings in Tesla were worth $5,057,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of TSLA. Brighton Jones LLC boosted its position in shares of Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after acquiring an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Tesla by 21.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after purchasing an additional 931 shares in the last quarter. Bison Wealth LLC lifted its stake in Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after purchasing an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock valued at $3,855,000 after purchasing an additional 1,011 shares in the last quarter. Finally, AGP Franklin LLC increased its stake in shares of Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock valued at $1,544,000 after purchasing an additional 851 shares during the last quarter. 66.20% of the stock is owned by institutional investors.
Tesla Price Performance
Tesla stock opened at $321.55 on Thursday. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $1.27 trillion, a PE ratio of 297.73, a P/E/G ratio of 16.24 and a beta of 1.83. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The stock has a 50-day moving average price of $383.35 and a two-hundred day moving average price of $395.05.
Insider Buying and Selling
In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on TSLA. Royal Bank Of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Tesla in a research report on Tuesday, July 28th. Oppenheimer reissued a “market perform” rating on shares of Tesla in a research note on Thursday, July 23rd. Zacks Research raised shares of Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $485.00 price target (down from $510.00) on shares of Tesla in a report on Thursday, July 23rd. Finally, Piper Sandler lowered their price objective on shares of Tesla from $500.00 to $450.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $401.74.
Check Out Our Latest Analysis on Tesla
Tesla News Summary
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Megapack demand is accelerating. SpaceX purchased $295 million of Tesla Megapacks in the second quarter and $329 million year to date to support AI data centers in Memphis. The sales provide evidence of growing demand for Tesla’s energy-storage business and a potential commercial relationship with SpaceX. SpaceX ramps up Tesla Megapack purchases in Q2
- Positive Sentiment: China sales remain a bright spot. Tesla’s China-made vehicle sales increased 37.8% year over year in July, marking the ninth consecutive month of growth. The performance could help ease concerns about demand in one of Tesla’s most important markets. Tesla’s July China-made EV sales rise
- Positive Sentiment: Long-term bulls continue to support the stock. ARK Invest’s Cathie Wood reportedly bought another $14.3 million of Tesla shares, while bullish commentary continues to focus on autonomy, robotics, AI, and energy storage as future growth drivers. Cathie Wood’s ARK Invest Tesla position
- Neutral Sentiment: Technical analysts see rebound potential. One forecast identifies support near current levels and a possible move toward $386.61, but this remains a technical scenario rather than a change in Tesla’s underlying fundamentals. Tesla price forecast
- Negative Sentiment: Profitability remains the central concern. Tesla’s latest quarter included an earnings miss, sharply lower operating income, and negative free cash flow despite record deliveries and revenue growth. With the shares trading at an exceptionally high earnings multiple, investors require substantial future success from autonomy and robotics to justify the valuation.
- Negative Sentiment: Autonomous-driving competition is intensifying. Uber is investing aggressively in robotaxis, while Amazon’s Zoox received approval to deploy up to 2,500 purpose-built driverless vehicles annually. A study examining how accident data could be used to train robotaxis also renewed safety concerns surrounding Tesla’s autonomous-driving ambitions. Uber robotaxi competition
- Negative Sentiment: Bearish sentiment remains visible. Investor Michael Burry is maintaining short positions in Tesla and warning of a potential broader market sell-off, adding pressure to an already volatile stock. Michael Burry’s Tesla short position
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.
Further Reading
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- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth
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