Weiss Asset Management LP Raises Position in Tesla, Inc. $TSLA

Weiss Asset Management LP lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 41.8% during the first quarter, HoldingsChannel reports. The fund owned 129,508 shares of the electric vehicle producer’s stock after acquiring an additional 38,162 shares during the quarter. Tesla comprises 0.8% of Weiss Asset Management LP’s holdings, making the stock its 17th biggest position. Weiss Asset Management LP’s holdings in Tesla were worth $48,145,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Crestwood Advisors Group LLC raised its holdings in Tesla by 34.7% during the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after purchasing an additional 5,039 shares during the last quarter. Calamos Wealth Management LLC grew its holdings in Tesla by 5.9% in the fourth quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock valued at $18,846,000 after purchasing an additional 2,341 shares during the last quarter. Private Capital Advisors Inc. increased its position in shares of Tesla by 139.3% in the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock valued at $9,593,000 after buying an additional 12,417 shares in the last quarter. Wealthquest Corp acquired a new position in shares of Tesla during the 4th quarter worth $1,035,000. Finally, Knights of Columbus Asset Advisors LLC raised its stake in shares of Tesla by 34.8% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock worth $28,998,000 after buying an additional 16,652 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Record quarterly revenue and deliveries show Tesla is still growing its top line. Tesla Just Delivered Record Sales—So Why Did the Stock Sell Off?
• Positive Sentiment: Some investors remain bullish on the long term, with ARK/Cathie Wood buying the dip after the post-earnings slump. Cathie Wood’s Ark Bought the Dip in Tesla Stock
• Neutral Sentiment: Tesla continued to promote robotaxi and Optimus progress, but the market appears to want tangible revenue and execution milestones before rewarding those ambitions. Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
• Negative Sentiment: Q2 earnings missed expectations, and Tesla reported negative free cash flow as spending surged. Tesla’s once-bullish tone on robotaxis shifts
• Negative Sentiment: Management’s large 2026 capex plan and AI spending push are spooking investors over margins and cash burn. Tesla sees a $200 billion wipeout as investors pan Musk’s plan to spend ‘as fast as we can’
• Negative Sentiment: Analysts have been lowering price targets following the report, reflecting near-term profitability concerns. Tesla Stock Plunges as Analysts Slash Price Targets after Q2 Earnings Miss

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,015 shares of company stock worth $12,383,640 in the last three months. Insiders own 19.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on TSLA shares. Barclays increased their price objective on shares of Tesla from $360.00 to $370.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 14th. Evercore raised shares of Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. Tigress Financial started coverage on shares of Tesla in a research report on Monday, April 27th. They issued a “buy” rating on the stock. Morgan Stanley dropped their price objective on shares of Tesla from $417.00 to $400.00 and set an “equal weight” rating for the company in a research note on Thursday. Finally, Citizens Jmp assumed coverage on Tesla in a research report on Thursday, July 9th. They set a “market perform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twenty have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Tesla has an average rating of “Hold” and an average price target of $404.95.

Tesla Trading Down 2.1%

Shares of TSLA stock opened at $313.03 on Friday. The company has a market capitalization of $1.18 trillion, a price-to-earnings ratio of 289.85, a PEG ratio of 10.51 and a beta of 1.80. The company has a current ratio of 1.94, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $400.74 and a 200 day moving average price of $402.53. Tesla, Inc. has a twelve month low of $297.82 and a twelve month high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.33 earnings per share. Research analysts forecast that Tesla, Inc. will post 1.33 earnings per share for the current fiscal year.

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.