5,657 Shares in Tesla, Inc. $TSLA Acquired by Prospect Financial Services LLC

Prospect Financial Services LLC purchased a new stake in shares of Tesla, Inc. (NASDAQ:TSLAFree Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 5,657 shares of the electric vehicle producer’s stock, valued at approximately $2,379,000. Tesla makes up approximately 1.2% of Prospect Financial Services LLC’s investment portfolio, making the stock its 21st biggest position.

Several other hedge funds also recently modified their holdings of the company. Focus Partners Advisor Solutions LLC bought a new stake in shares of Tesla in the 2nd quarter worth $28,366,000. State of Wyoming acquired a new stake in shares of Tesla in the second quarter valued at $1,979,000. ABN AMRO Bank N.V. bought a new position in Tesla during the second quarter valued at about $6,094,000. S&CO Inc. acquired a new position in Tesla during the second quarter worth about $3,020,000. Finally, Kelleher Financial Advisors bought a new stake in Tesla in the second quarter worth about $1,291,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TSLA. Glj Research reissued a “sell” rating on shares of Tesla in a report on Tuesday, August 18th. Mizuho set a $450.00 price objective on shares of Tesla and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Erste Group Bank raised shares of Tesla from a “sell” rating to a “hold” rating in a research note on Friday, June 5th. Morgan Stanley reduced their target price on shares of Tesla from $417.00 to $400.00 and set an “equal weight” rating for the company in a report on Thursday, July 23rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, nineteen have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Tesla presently has a consensus rating of “Hold” and an average target price of $401.74.

Read Our Latest Stock Analysis on Tesla

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla is expanding its robotaxi operation beyond Austin and Miami, with longer service hours and a larger unsupervised fleet. State regulators have also approved permits for Tesla to operate robotaxis, supporting the company’s strategy to monetize autonomous driving. Tesla robotaxi expansion
  • Positive Sentiment: Tesla is preparing an August Cybercab rollout beginning with employee rides, while Cybercab production has reportedly started. Investors view the vehicle and robotaxi network as potential long-term revenue opportunities not yet fully reflected in the stock. Cybercab rollout
  • Positive Sentiment: Optimus humanoid robot production has reportedly begun at Tesla’s Fremont facility, and the company is installing additional robotics manufacturing lines. The development strengthens the long-term artificial-intelligence and automation narrative, although meaningful financial benefits may take time. Optimus production
  • Positive Sentiment: Commercial truckmaker Einride expects to receive approximately 75 Tesla Semi trucks in 2026, with the remainder of its 500-truck order scheduled for 2027. The timeline provides evidence of commercial demand, though deliveries will be spread over several years. Einride Tesla Semi order
  • Neutral Sentiment: Tesla announced a September 24 Semi event that could provide updates on autonomous trucking and production plans, making it a potential catalyst but offering no immediate earnings impact. Tesla Semi event
  • Negative Sentiment: Tesla is voluntarily recalling about 3 million vehicles in China over door handles that may fail after severe crashes and inadequate driver-attention monitoring. The recall adds regulatory, cost and reputational risks to the company’s autonomy push. Tesla China recall
  • Negative Sentiment: Criticism intensified after a vehicle using Tesla’s latest FSD software reportedly nearly drove into a train, renewing concerns about system reliability and the gap between supervised assistance and fully autonomous driving. Tesla FSD incident
  • Negative Sentiment: Analysts and investors continue to question Tesla’s valuation because weak margins and traditional EV risks are not easily reconciled with a price-to-earnings ratio above 300. Toyota’s rising electrified-vehicle volume and broader EV competition further challenge Tesla’s automotive leadership.

Tesla Price Performance

TSLA stock opened at $348.75 on Friday. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The firm has a 50-day moving average of $360.33 and a two-hundred day moving average of $385.15. The firm has a market capitalization of $1.38 trillion, a PE ratio of 322.92, a P/E/G ratio of 17.91 and a beta of 1.83. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLAGet Free Report) last released its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. During the same period last year, the business earned $0.33 earnings per share. The business’s revenue was up 25.5% on a year-over-year basis. On average, analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current year.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla 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 transaction, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.

Tesla Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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