Pier 88 Investment Partners LLC Takes Position in Tesla, Inc. $TSLA

Pier 88 Investment Partners LLC acquired a new position in Tesla, Inc. (NASDAQ:TSLA) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 9,000 shares of the electric vehicle producer’s stock, valued at approximately $4,002,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CFS Investment Advisory Services LLC boosted its holdings in shares of Tesla by 16.9% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 5,260 shares of the electric vehicle producer’s stock valued at $2,281,000 after acquiring an additional 761 shares during the last quarter. Poinciana Advisors Group LLC lifted its position in Tesla by 4.4% during the third quarter. Poinciana Advisors Group LLC now owns 826 shares of the electric vehicle producer’s stock valued at $368,000 after purchasing an additional 35 shares during the period. National Wealth Management Group LLC boosted its holdings in Tesla by 10.9% in the third quarter. National Wealth Management Group LLC now owns 9,371 shares of the electric vehicle producer’s stock worth $4,167,000 after purchasing an additional 924 shares during the last quarter. BG Investment Services Inc. grew its position in Tesla by 28.5% in the 3rd quarter. BG Investment Services Inc. now owns 3,399 shares of the electric vehicle producer’s stock worth $1,511,000 after purchasing an additional 754 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its stake in Tesla by 1.8% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 374,975 shares of the electric vehicle producer’s stock valued at $166,803,000 after buying an additional 6,552 shares during the last quarter. Institutional investors own 66.20% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bullish analyst and product catalysts — Wedbush reiterated an Outperform and a $600 target, highlighting improving delivery trends and Tesla’s “AI transformation”; Dan Ives says FSD adoption could surge above 50%, and multiple CEO updates point to progress on robotaxis and Optimus that could re‑rate the stock if confirmed. Wedbush Outperform Dan Ives on FSD Musk updates
• Positive Sentiment: Third‑party ecosystem tailwinds — Lemonade’s autonomous‑car insurance product and other partners may lower operating friction and boost the commercial case for FSD/robotaxi usage and monetization. Lemonade insurance
• Neutral Sentiment: Event risk and positioning — Mega‑cap earnings (including Tesla) and a Fed decision are tightening volatility expectations; traders expect a meaningful post‑earnings move, so short‑term swings may be driven more by guidance than by current revenues. Mega‑cap earnings piece
• Neutral Sentiment: Potential product catalyst timing — Markets are watching for an FSD Gen 3 reveal (rumored for February); confirmation would be a material upside catalyst but timing and rollout details remain uncertain. FSD Gen 3 rumor
• Negative Sentiment: Sales and market‑share pressure in Europe — Data show gasoline registrations fell while BEVs rose and BYD sharply increased European registrations; Tesla’s European volumes declined significantly in 2025, spotlighting competitive erosion. BYD surge / Europe sales
• Negative Sentiment: Brand‑value decline and investor caution — Brand Finance and other reports show a multi‑year drop in Tesla’s brand value; several analysts are cautious or on Hold ahead of Q4, citing delivery softness and margin pressure. Brand value drop Analyst caution
• Negative Sentiment: Earnings/operational risk — Street models expect lower Q4 EPS and revenue vs. year‑ago; media and analysts warn the quarter could look “ugly,” amplifying downside if guidance disappoints. Earnings preview
• Negative Sentiment: Execution and regulatory scrutiny around robotaxis — Austin rollout and unsupervised robotaxi availability have drawn scrutiny and practical limits, undercutting the near‑term revenue case for transport‑as‑a‑service. Robotaxi delays & scrutiny

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 119,457 shares of company stock worth $53,501,145. Insiders own 19.90% of the company’s stock.

Tesla Stock Down 1.0%

Shares of TSLA opened at $430.90 on Wednesday. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The business’s 50 day moving average is $445.92 and its 200 day moving average is $406.46. The company has a market capitalization of $1.43 trillion, a PE ratio of 287.27, a price-to-earnings-growth ratio of 7.40 and a beta of 1.83.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TSLA. Cantor Fitzgerald set a $510.00 price target on Tesla and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. reissued a “sell” rating on shares of Tesla in a report on Monday, January 5th. UBS Group reiterated a “sell” rating and set a $307.00 price target (up previously from $247.00) on shares of Tesla in a research note on Wednesday, January 14th. Canaccord Genuity Group upped their price objective on Tesla from $482.00 to $551.00 and gave the stock a “buy” rating in a research note on Tuesday, December 23rd. Finally, The Goldman Sachs Group boosted their price target on Tesla from $400.00 to $420.00 in a report on Friday, January 2nd. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and eight have assigned a Sell rating to the company. According to data from MarketBeat, Tesla presently has an average rating of “Hold” and a consensus target price of $410.77.

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.