Pursue Wealth Partners LLC Has $2.95 Million Holdings in Tesla, Inc. $TSLA

Pursue Wealth Partners LLC trimmed its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 19.0% during the third quarter, Holdings Channel.com reports. The fund owned 6,633 shares of the electric vehicle producer’s stock after selling 1,558 shares during the quarter. Tesla accounts for about 1.6% of Pursue Wealth Partners LLC’s holdings, making the stock its 17th biggest position. Pursue Wealth Partners LLC’s holdings in Tesla were worth $2,950,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Chapman Financial Group LLC acquired a new stake in Tesla during the second quarter worth approximately $26,000. LGT Financial Advisors LLC bought a new stake in shares of Tesla during the 2nd quarter valued at $29,000. Manning & Napier Advisors LLC bought a new position in shares of Tesla in the third quarter worth $29,000. CoreFirst Bank & Trust acquired a new position in Tesla in the second quarter valued at about $30,000. Finally, ESL Trust Services LLC grew its stake in Tesla by 1,900.0% during the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after buying an additional 95 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Technical/analyst support — Tesla has bounced off key support around the low-$390s and momentum indicators are turning bullish; several firms have reiterated buy ratings with price targets north of $500, which is supporting the rally. Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile
• Positive Sentiment: Fresh buy-side support — New coverage/price-targets (Tigress Financial set a $550 target) give upside narrative that can attract momentum-focused flows. Tigress $550 Price Target Coverage
• Positive Sentiment: Regulatory relief in China — reports that a Chinese watchdog is moving to curb destructive price competition have been cited as a near-term tailwind for Tesla’s pricing and margins in China. Tesla Stock Rises as Chinese Watchdog Moves to Tame Cutthroat Price War
• Neutral Sentiment: Market context — some commentary explains why TSLA can rise even while Big Tech sells off (rotation and idiosyncratic drivers), which helps explain today’s divergence. Why Tesla stock is climbing even as Big Tech sells off
• Neutral Sentiment: Robotics competition note — a congresswoman disclosed a stake in Apptronik (a Tesla humanoid/robotics rival); this highlights competition in Tesla’s broader robotics/“physical AI” story but is not an immediate earnings driver. Congresswoman With Stake In Musk’s xAI Adds Position In Tesla’s Robot Rival Apptronik
• Negative Sentiment: U.S. and China deliveries under pressure — U.S. registrations are estimated down ~17% in January, and separate reports show China deliveries plunged (one report cites a ~45% drop), weighing on near-term revenue growth. Tesla’s January Sales Drop 17%, But Its Market Share May Have Risen
• Negative Sentiment: Competitive pressure in China — Xiaomi’s new YU7 outsold the Model Y in January, a sign of intensifying local competition that could pressure Tesla’s share and pricing in its biggest market. Tesla Rival Xiaomi’s YU7 SUV Overtakes Model Y China Sales In January
• Negative Sentiment: Institutional trimming and investor fatigue — ARK and Primecap reported notable Tesla share reductions, and analysts/commentary note some long-term holders and experienced employees are stepping away, reinforcing valuation and execution concerns. ARK Investment Management Cuts Tesla Stake

Tesla Stock Performance

Shares of TSLA stock opened at $417.44 on Friday. The firm has a market capitalization of $1.57 trillion, a price-to-earnings ratio of 386.52, a PEG ratio of 14.13 and a beta of 1.86. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The business’s 50-day moving average price is $444.24 and its 200-day moving average price is $414.68. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the prior year, the firm posted $0.73 earnings per share. The firm’s revenue was down 3.1% compared to the same quarter last year. Equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer owned 13,757 shares of the company’s stock, valued at $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was 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. This represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 119,457 shares of company stock worth $53,501,145. Company insiders own 19.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TSLA. UBS Group upped their price target on shares of Tesla from $307.00 to $352.00 and gave the stock a “sell” rating in a report on Thursday, January 29th. Stifel Nicolaus set a $508.00 target price on Tesla in a research note on Thursday, January 29th. HSBC reiterated a “reduce” rating on shares of Tesla in a research note on Monday, November 17th. CICC Research upped their price objective on Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, Roth Mkm set a $505.00 target price on Tesla and gave the company a “buy” rating in a research report on Thursday, October 23rd. Eighteen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $408.09.

Tesla Company 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.