Vantage Point Financial LLC bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,867 shares of the electric vehicle producer’s stock, valued at approximately $785,000.
Other institutional investors also recently added to or reduced their stakes in the company. Chapman Financial Group LLC purchased a new stake in shares of Tesla in the 2nd quarter valued at approximately $26,000. Friedenthal Financial grew its stake in shares of Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after purchasing an additional 30 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in Tesla in the third quarter valued at $30,000. Texas Capital Bancshares Inc TX acquired a new stake in Tesla in the third quarter valued at $31,000. Finally, Harborfront Financial Group LLC purchased a new stake in Tesla during the 2nd quarter worth about $34,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Tesla Price Performance
Shares of NASDAQ:TSLA opened at $354.08 on Tuesday. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The stock has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 327.85, a PEG ratio of 17.88 and a beta of 1.84. The company has a 50-day simple moving average of $357.06 and a 200-day simple moving average of $382.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. BNP Paribas Exane lowered Tesla from a “hold” rating to an “underperform” rating in a research report on Friday, June 5th. Guggenheim began coverage on shares of Tesla in a research note on Monday, June 29th. They issued a “neutral” rating on the stock. HSBC reissued a “hold” rating on shares of Tesla in a report on Monday, June 15th. Truist Financial set a $370.00 target price on shares of Tesla and gave the company a “hold” rating in a report on Thursday, July 23rd. Finally, Jefferies Financial Group set a $400.00 target price on shares of Tesla and gave the company a “hold” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $401.74.
View Our Latest Report on TSLA
Tesla News Roundup
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: European FSD expansion: Tesla’s supervised Full Self-Driving system received a regulatory green light in Slovenia, potentially supporting wider European deployment and additional high-margin software revenue. Tesla also cited safety data showing 4.1 times fewer collisions than manually driven Teslas in five European markets. Tesla FSD Supervised Gets Regulatory Green Light in Slovenia
- Positive Sentiment: Robotaxi opportunity: Tesla has begun limited paid Cybercab rides in Austin. Goldman Sachs believes the purpose-built vehicle could have a cost advantage in robotaxis, while Cathie Wood and other Tesla bulls continue to view autonomy, Optimus and AI as major long-term growth opportunities. Cybercab Could Transform Tesla, But Regulatory Risks Loom
- Positive Sentiment: AI ecosystem narrative: Investor interest remains focused on Tesla’s integration of FSD, Grok and the Optimus humanoid robot, as well as its indirect exposure to SpaceX. Supporters argue these businesses could eventually justify Tesla’s premium valuation. Cathie Wood Has Stuck With Tesla Through Repeated Missed Robotaxi Deadlines
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.
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