2,757 Shares in Tesla, Inc. $TSLA Bought by Marble Wealth LLC

Marble Wealth LLC purchased a new position in Tesla, Inc. (NASDAQ:TSLA) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,757 shares of the electric vehicle producer’s stock, valued at approximately $1,240,000.

Other institutional investors also recently bought and sold shares of the company. Networth Advisors LLC bought a new position in Tesla in the 4th quarter valued at $26,000. Davidson Capital Management Inc. grew its position in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after acquiring an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. bought a new position in Tesla in the 3rd quarter valued at $30,000. Prism Advisors Inc. bought a new position in Tesla in the 4th quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX bought a new position in Tesla in the 3rd quarter valued at $31,000. 66.20% of the stock is currently owned by institutional investors.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s China-made EV sales rose 39.4% in May, extending six straight months of growth and signaling resilience despite intense competition from Chinese automakers. Reuters: Tesla’s Chinese-made EV sales rise 39.4% in May
• Positive Sentiment: Tesla also saw a sharp rebound in several European markets, including a major jump in France registrations and stronger Model Y demand, which supports hopes for a Q2 delivery beat. Reuters: Tesla May registrations jump in several European markets
• Positive Sentiment: Investor optimism improved after Elon Musk highlighted how small Tesla’s IPO valuation was relative to today’s market cap, reinforcing the company’s long-term growth narrative and helping the shares bounce. Yahoo Finance: Tesla’s IPO Was One of the Greatest Ever
• Positive Sentiment: Reports that Estonia cleared Tesla’s FSD driver-assistance system for use could modestly bolster confidence in Tesla’s autonomy roadmap and international acceptance of its software. Insider Monkey: Estonia clears Tesla’s FSD system for use
• Neutral Sentiment: Heavy trading around Tesla’s rumored ties to SpaceX, including speculation about a merger or IPO-related “Musk premium,” is driving volatility but remains highly speculative and not directly tied to Tesla’s fundamentals. Benzinga: What Happens To TSLA If It Merges With SpaceX?
• Neutral Sentiment: News that Tesla withdrew a termination notice on its graphite supply deal with Syrah Resources reduces supply-chain uncertainty, but the issue appears to be settling rather than creating a major new catalyst. Reuters: Tesla withdraws termination notice on graphite supply deal
• Negative Sentiment: Tesla faces rising competition in humanoid robotics and AI, with OpenAI and Nvidia both moving into areas that overlap with Tesla’s Optimus ambitions, raising concern about future growth optionality. Benzinga: Nvidia is taking on Tesla in the humanoid robot race
• Negative Sentiment: Articles warning that a potential SpaceX-Tesla combination could be value-destructive are adding pressure by suggesting the market may be overestimating the “Musk premium” embedded in TSLA. TipRanks: Potential SpaceX and Tesla merger blasted as value destroying
• Negative Sentiment: New concerns about Tesla’s robotaxi program and litigation risk, including scrutiny under Texas legislation and a China FSD lawsuit, could weigh on sentiment around autonomy monetization. Yahoo Finance: Tesla faces China FSD lawsuit

Tesla Trading Up 1.9%

Shares of NASDAQ TSLA opened at $423.74 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The stock has a market capitalization of $1.59 trillion, a P/E ratio of 388.75, a price-to-earnings-growth ratio of 16.42 and a beta of 1.80. Tesla, Inc. has a 1-year low of $273.21 and a 1-year high of $498.83. The business has a fifty day moving average price of $392.55 and a 200 day moving average price of $416.03.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.27 EPS. Equities research analysts expect that Tesla, Inc. will post 1.2 EPS for the current fiscal year.

Insider Transactions at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 57,482 shares of company stock valued at $21,508,331. 19.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

TSLA has been the topic of several research analyst reports. JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Tesla in a research report on Wednesday, April 22nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Royal Bank Of Canada reissued a “buy” rating on shares of Tesla in a research report on Monday, April 27th. DZ Bank raised Tesla from a “sell” rating to a “hold” rating and set a $385.00 price target on the stock in a research report on Friday, April 24th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Tesla in a research report on Monday. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Tesla currently has an average rating of “Hold” and a consensus target price of $395.20.

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.