Tortoise Investment Management LLC Acquires Shares of 1,511 Tesla, Inc. $TSLA

Tortoise Investment Management LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,511 shares of the electric vehicle producer’s stock, valued at approximately $636,000.

Other hedge funds also recently made changes to their positions in the company. Crestwood Advisors Group LLC boosted its position in shares of Tesla by 34.7% in the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after buying an additional 5,039 shares in the last quarter. Wealthquest Corp purchased a new position in Tesla during the 4th quarter valued at about $1,035,000. Private Capital Advisors Inc. increased its holdings in Tesla by 139.3% during the 4th quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock valued at $9,593,000 after acquiring an additional 12,417 shares in the last quarter. Knights of Columbus Asset Advisors LLC lifted its holdings in shares of Tesla by 34.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock valued at $28,998,000 after purchasing an additional 16,652 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co increased its stake in shares of Tesla by 3.0% during the 4th quarter. Varma Mutual Pension Insurance Co now owns 404,023 shares of the electric vehicle producer’s stock worth $181,697,000 after purchasing an additional 11,900 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Anticipation is building for Tesla’s Cybercab event in Austin, where the company is expected to showcase a two-seat autonomous vehicle without a steering wheel or pedals. Investors are treating the event as a potential catalyst for Tesla’s robotaxi strategy and future revenue growth. Tesla Cybercab launch article
• Positive Sentiment: Reports that Tesla has begun production of its Optimus humanoid robot, along with updates involving artificial intelligence and Grok, reinforced the bull case that Tesla is becoming more than an electric-vehicle manufacturer. Optimus and Grok updates
• Positive Sentiment: Tesla’s potential expansion of solar production with SpaceX and a reported large Texas chip-making facility added to optimism around its energy, computing and AI infrastructure ambitions. Texas chip facility report
• Positive Sentiment: Higher crude oil prices and renewed geopolitical concerns revived the possibility that expensive gasoline could improve consumer interest in electric vehicles. Tesla also plans to raise prices on certain Cybertruck models, potentially supporting revenue per vehicle. Oil prices and Tesla shares
• Neutral Sentiment: Speculation that Tesla could resume accepting Bitcoin payments resurfaced after Bitcoin mining reportedly surpassed Elon Musk’s earlier clean-energy threshold. No policy change has been confirmed, so the near-term stock impact is uncertain. Tesla Bitcoin payments report
• Negative Sentiment: Investors remain concerned that Tesla’s roughly $25 billion 2026 capital budget, including spending on Optimus and robotaxis, could pressure cash flow if commercialization is delayed. Analysts also warn that autonomy may become a commodity, limiting Tesla’s eventual market share and valuation upside. Tesla investment risks
• Negative Sentiment: A failed reported Robotaxi ride and Tesla’s decision to discontinue Solar Roof sales highlight execution and product-adoption risks, although the company is shifting toward conventional solar panels and energy storage. Tesla Solar Roof decision

Analyst Ratings Changes

A number of equities research analysts have commented on TSLA shares. Canaccord Genuity Group set a $410.00 target price on Tesla and gave the company a “buy” rating in a report on Thursday, July 23rd. Cantor Fitzgerald reiterated an “overweight” rating and set a $485.00 price objective (down from $510.00) on shares of Tesla in a research report on Thursday, July 23rd. Citizens Jmp initiated coverage on shares of Tesla in a research note on Thursday, July 9th. They issued a “market perform” rating for the company. Glj Research restated a “sell” rating on shares of Tesla in a report on Tuesday, August 18th. Finally, Guggenheim began coverage on shares of Tesla in a research note on Monday, June 29th. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $401.74.

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $367.95 on Tuesday. The company has a market cap of $1.45 trillion, a P/E ratio of 340.70, a P/E/G ratio of 17.61 and a beta of 1.83. The business has a fifty day simple moving average of $359.59 and a 200-day simple moving average of $384.52. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. During the same quarter last year, the company posted $0.33 earnings per share. The business’s quarterly revenue was up 25.5% compared to the same quarter last year. Equities research analysts forecast that Tesla, Inc. will post 0.88 EPS for the current year.

About Tesla

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.