Tesla, Inc. $TSLA Stock Bought by Park Avenue Securities LLC

Park Avenue Securities LLC raised its position in Tesla, Inc. (NASDAQ:TSLA) by 2.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 128,800 shares of the electric vehicle producer’s stock after buying an additional 3,616 shares during the period. Park Avenue Securities LLC’s holdings in Tesla were worth $45,699,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TSLA. Legal & General Group Plc acquired a new position in shares of Tesla in the second quarter worth about $8,535,612,000. Bank of New York Mellon Corp acquired a new stake in Tesla during the 2nd quarter valued at approximately $6,083,630,000. Deutsche Bank AG acquired a new stake in Tesla during the 2nd quarter valued at approximately $4,039,090,000. Canada Pension Plan Investment Board purchased a new stake in Tesla during the 2nd quarter worth approximately $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Tesla during the 2nd quarter worth approximately $2,995,584,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Barclays upgrade and SpaceX speculation: Barclays upgraded Tesla to Overweight from Equal Weight and raised its price target from $370 to $450. The analyst cited potential value from a Tesla-SpaceX transaction, as well as improving prospects for Tesla’s automotive, energy-storage and autonomous-driving businesses. Tesla and SpaceX have reportedly formed independent committees to evaluate a possible combination, but no deal has been agreed. Buy Tesla Stock, Says Analyst. Why It Can Surge 20%.
• Positive Sentiment: Autonomy momentum: Tesla’s Full Self-Driving (FSD) system received approval in Latvia, reportedly bringing the number of approving EU countries to 10. Separately, a partnership with Turo will promote FSD-equipped Tesla vehicles available through its rental marketplace, potentially increasing consumer adoption and subscription revenue. Cybercab activity also reportedly reached a record during Austin’s Formula One weekend. Tesla turns to Turo to boost adoption of Full Self-Driving
• Positive Sentiment: AI and robotics investment case: Analysts argued that Tesla’s reduced 2026 capital-spending forecast reflects timing rather than a retreat from AI. The company still has more than $45 billion in cash and investments to fund Full Self-Driving, Cybercab and Optimus development. Management also expects spending to rise in future years.
• Neutral Sentiment: Short-interest data appears inconsistent: One report described a large increase in October short interest but simultaneously listed total short interest at zero shares and a zero-day days-to-cover ratio. The figures should therefore be treated cautiously rather than as a reliable signal of short-covering demand.
• Negative Sentiment: Execution and valuation concerns: Tesla’s third-quarter revenue was essentially flat year over year, while operating income reportedly fell 56%. Critics also highlighted a P/E ratio above 400 and questioned whether the stock price already discounts successful autonomy, robotics and SpaceX-related outcomes.
• Negative Sentiment: Cybertruck weakness: Reports that Tesla canceled or delayed Cybertruck availability in two countries underscore concerns about the vehicle’s weaker-than-expected demand and limited international expansion. Tesla Cancels Cybertruck in Two Countries

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Tesla in a research report on Thursday. KeyCorp raised shares of Tesla to a “sector weight” rating in a research report on Monday, September 28th. JPMorgan Chase & Co. lifted their price target on shares of Tesla from $415.00 to $430.00 and gave the stock a “neutral” rating in a research note on Thursday, October 22nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a report on Thursday, October 22nd. Finally, Yorkville Ives began coverage on shares of Tesla in a research note on Wednesday, October 7th. They set an “outperform” rating and a $500.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $411.04.

Tesla Stock Up 5.2%

Shares of Tesla stock opened at $391.62 on Tuesday. The stock has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 430.36, a PEG ratio of 23.62 and a beta of 1.92. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. The business’s 50 day simple moving average is $363.77 and its 200-day simple moving average is $386.75.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The business had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. During the same quarter in the previous year, the firm posted $0.50 EPS. The business’s revenue for the quarter was down .2% compared to the same quarter last year. Equities research analysts forecast that Tesla, Inc. will post 0.71 earnings per share for the current year.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by corporate insiders.

Tesla Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.