Wealthfront Advisers LLC Invests $176.24 Million in Tesla, Inc. $TSLA

Wealthfront Advisers LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA) in the 2nd quarter, Holdings Channel reports. The fund purchased 419,025 shares of the electric vehicle producer’s stock, valued at approximately $176,242,000. Tesla makes up 0.3% of Wealthfront Advisers LLC’s holdings, making the stock its 27th biggest position.

A number of other institutional investors have also recently modified their holdings of TSLA. State Street Corp lifted its holdings in Tesla by 0.9% in the fourth quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock valued at $51,647,164,000 after acquiring an additional 1,080,085 shares during the period. Geode Capital Management LLC grew its stake in shares of Tesla by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after purchasing an additional 375,946 shares during the period. Norges Bank purchased a new position in shares of Tesla in the 4th quarter valued at about $17,128,100,000. Amundi lifted its stake in shares of Tesla by 14.0% in the first quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock valued at $8,243,513,000 after purchasing an additional 2,727,141 shares during the period. Finally, Corient Private Wealth LLC lifted its stake in shares of Tesla by 3,205.5% in the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after purchasing an additional 20,810,386 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Erste Group Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. Stifel Nicolaus set a $491.00 price target on Tesla and gave the stock a “buy” rating in a research note on Monday, August 3rd. Morgan Stanley lowered their price target on Tesla from $417.00 to $400.00 and set an “equal weight” rating on the stock in a report on Thursday, July 23rd. Guggenheim began coverage on Tesla in a research note on Monday, June 29th. They issued a “neutral” rating for the company. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Tesla presently has a consensus rating of “Hold” and a consensus target price of $401.74.

Tesla News Summary

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

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Tesla Stock Up 5.5%

Shares of NASDAQ TSLA opened at $367.95 on Tuesday. The firm’s 50-day moving average is $359.59 and its two-hundred day moving average is $384.52. The company has a market capitalization of $1.45 trillion, a PE ratio of 340.70, a price-to-earnings-growth ratio of 17.61 and a beta of 1.83. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates 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 period last year, the business earned $0.33 earnings per share. The company’s revenue for the quarter was up 25.5% on a year-over-year basis. Equities analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current fiscal 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.