ICONIQ Capital LLC Sells 13,373 Shares of Tesla, Inc. $TSLA

ICONIQ Capital LLC decreased its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 91.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,203 shares of the electric vehicle producer’s stock after selling 13,373 shares during the period. ICONIQ Capital LLC’s holdings in Tesla were worth $535,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Gotham Asset Management LLC boosted its position in shares of Tesla by 34.3% during the third quarter. Gotham Asset Management LLC now owns 157,648 shares of the electric vehicle producer’s stock valued at $70,109,000 after purchasing an additional 40,298 shares in the last quarter. First Commonwealth Financial Corp PA purchased a new stake in Tesla in the third quarter worth $324,000. First Western Trust Bank raised its holdings in Tesla by 2.1% in the third quarter. First Western Trust Bank now owns 1,397 shares of the electric vehicle producer’s stock worth $621,000 after purchasing an additional 29 shares in the last quarter. Delos Wealth Advisors LLC lifted its position in Tesla by 75.0% during the third quarter. Delos Wealth Advisors LLC now owns 175 shares of the electric vehicle producer’s stock valued at $78,000 after buying an additional 75 shares during the period. Finally, Delta Global Management LP boosted its holdings in shares of Tesla by 211.2% during the 3rd quarter. Delta Global Management LP now owns 13,724 shares of the electric vehicle producer’s stock valued at $6,103,000 after buying an additional 9,314 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 87,995 shares of company stock worth $38,315,650 in the last three months. Insiders own 19.90% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China-made EV deliveries jumped sharply, signaling a possible demand rebound in Tesla’s largest growth market — a near-term tailwind for revenue and utilization at Giga Shanghai. Tesla’s China-Made EV Sales Just Nearly Doubled
• Positive Sentiment: The UK regulator granted Tesla Energy Ventures a licence to sell electricity to households and businesses in Great Britain — expanding a recurring‑revenue energy business that diversifies Tesla beyond vehicle sales. Tesla’s energy business wins approval to supply electricity in UK
• Positive Sentiment: FTC approval allows Tesla to convert its xAI investment into a small stake in SpaceX — a potential way to capture upside from a future SpaceX IPO and recycle capital toward core Tesla initiatives. Tesla Approved To Convert xAI Stakes Into SpaceX
• Neutral Sentiment: Elon Musk’s Macrohard AI initiative and Tesla’s increasing software focus could unlock high-margin services (robotaxi/agent revenue) but are unproven at scale and are already commanding more investor attention than monthly delivery data. Tesla Turns into A ‘Software-Killer’ With Macrohard
• Neutral Sentiment: Management says Optimus 3 will be released on an annual design cadence; robotics/Optimus progress is a medium‑term upside but execution timelines remain a major source of uncertainty. This Is Elon Musk’s Latest Optimus 3 Production Timeline
• Negative Sentiment: Rivian’s R2 launch and mass-market push create renewed competitive pressure in the midsize SUV segment — a near-term risk to Tesla’s Model Y pricing and volume if Rivian executes on a lower‑priced, high‑volume ramp. Rivian Is About to Challenge Tesla Where It Hurts Most
• Negative Sentiment: Analyst and safety concerns: third‑party FSD metrics and at least one firm’s negative coverage highlight deteriorating disengagement/safety data — a material regulatory and litigation risk that can depress multiples and slow robotaxi commercialization. Tesla’s FSD Safety Metrics ‘Sharply Deteriorating,’ Says Analyst
• Negative Sentiment: xAI leadership churn and reported layoffs raise governance and execution questions around Tesla’s broader AI strategy — investors may penalize near-term stock performance until the AI/robotics roadmap shows consistent progress. Musk ousts more xAI founders as AI coding effort falters, FT reports

Tesla Stock Down 1.0%

NASDAQ:TSLA opened at $391.20 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The firm has a market cap of $1.47 trillion, a P/E ratio of 362.22, a P/E/G ratio of 11.57 and a beta of 1.89. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. The firm has a 50-day simple moving average of $419.98 and a two-hundred day simple moving average of $426.02.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion for 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 business’s revenue was down 3.1% on a year-over-year basis. Analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TSLA has been the topic of a number of recent research reports. CICC Research upped their target price on shares of Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Truist Financial dropped their price objective on shares of Tesla from $439.00 to $438.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. DZ Bank restated a “sell” rating on shares of Tesla in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Tesla from $500.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Finally, Wedbush reissued an “outperform” rating and issued a $600.00 price target on shares of Tesla in a research report on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $406.84.

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.