12,699 Shares in Tesla, Inc. $TSLA Acquired by Jericho Financial LLP

Jericho Financial LLP acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,699 shares of the electric vehicle producer’s stock, valued at approximately $5,341,000. Tesla accounts for approximately 2.8% of Jericho Financial LLP’s portfolio, making the stock its 18th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TSLA. Marks Group Wealth Management Inc increased its position in shares of Tesla by 1.7% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock worth $680,000 after purchasing an additional 25 shares during the period. Clear Trail Advisors LLC lifted its position in Tesla by 1.6% during the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock worth $605,000 after purchasing an additional 25 shares during the period. Peirce Capital Management LLC lifted its position in Tesla by 1.5% during the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock worth $697,000 after purchasing an additional 25 shares during the period. Brio Consultants LLC grew its stake in Tesla by 4.7% during the fourth quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer’s stock worth $259,000 after buying an additional 26 shares in the last quarter. Finally, Community Bank & Trust Waco Texas increased its holdings in Tesla by 1.7% in the 4th quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock valued at $711,000 after buying an additional 26 shares during the period. 66.20% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

Tesla Stock Down 5.9%

Shares of NASDAQ:TSLA opened at $354.08 on Friday. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The company has a market capitalization of $1.40 trillion, a PE ratio of 327.85, a price-to-earnings-growth ratio of 17.88 and a beta of 1.84. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. The company has a fifty day moving average of $358.22 and a 200-day moving average of $383.10.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company’s revenue was up 25.5% compared to the same quarter last year. During the same period last year, the business earned $0.33 EPS. On average, equities analysts predict that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Monday, June 8th. The stock was 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 approximately $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, July 23rd. Guggenheim initiated coverage on shares of Tesla in a research report on Monday, June 29th. They set a “neutral” rating on the stock. Sanford C. Bernstein raised shares of Tesla from an “underperform” rating to an “outperform” rating in a research note on Friday, June 5th. Glj Research restated a “sell” rating on shares of Tesla in a research report on Friday. Finally, BNP Paribas Exane cut Tesla from a “hold” rating to an “underperform” rating in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Tesla currently has an average rating of “Hold” and an average price target of $401.74.

About Tesla

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.