Tesla, Inc. $TSLA Shares Sold by Garde Capital Inc.

Garde Capital Inc. trimmed its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 15.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 12,856 shares of the electric vehicle producer’s stock after selling 2,383 shares during the period. Garde Capital Inc.’s holdings in Tesla were worth $4,561,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TSLA. Security National Bank of Sioux City Iowa IA purchased a new position in Tesla in the 2nd quarter worth approximately $25,000. Harborfront Financial Group LLC bought a new position in shares of Tesla in the 2nd quarter worth $34,000. Montgomery Financial Services LLC purchased a new stake in shares of Tesla during the 2nd quarter valued at $40,000. Timbuktu Capital Management LLC purchased a new stake in shares of Tesla during the 2nd quarter valued at $42,000. Finally, Navigoe LLC bought a new stake in shares of Tesla during the 2nd quarter worth $45,000. 66.20% of the stock is currently owned by institutional investors.

Tesla Price Performance

TSLA stock opened at $403.82 on Tuesday. The firm has a market cap of $1.60 trillion, a P/E ratio of 443.76, a P/E/G ratio of 25.04 and a beta of 1.92. The firm’s fifty day moving average is $370.43 and its 200 day moving average is $385.59. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same period in the previous year, the firm posted $0.50 earnings per share. The firm’s revenue for the quarter was down .2% on a year-over-year basis. Research analysts predict that Tesla, Inc. will post 0.67 earnings per share for the current year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European registrations rebounded sharply. October registrations rose 248% year over year in Sweden, 131% in Norway, 34% in Denmark, 186.1% in Portugal and 94% in Italy. The data suggest Tesla’s sales decline in Europe may be stabilizing, although comparisons may benefit from a weak prior-year period. Tesla registrations surge across Northern Europe in October
• Positive Sentiment: Robotaxi expansion strengthened Tesla’s long-term growth narrative. Tesla’s Texas robotaxi fleet reportedly reached 1,244 vehicles, nearly matching Waymo, while planned expansion into additional cities and Nevada approvals could increase recurring, software-related revenue. Analysts also highlighted Tesla’s potential cost advantage over Waymo vehicles. Tesla’s 128% Robotaxi Surge Puts It Just 15 Cars Behind Waymo
• Positive Sentiment: Commercial vehicle demand provided another potential catalyst. A shipper alliance placed an order for 2,500 Tesla Semi trucks, potentially improving production scale and validating Tesla’s position in electric freight. Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight
• Neutral Sentiment: SpaceX merger speculation remained a major valuation wildcard. Analysts modeled potential reactions to an all-stock combination, while investor Gary Black warned that large, complex transactions can pressure the acquiring company’s shares. Any deal could add exposure to SpaceX’s growth but also create dilution, governance and execution risks. Analyst models potential market reaction to a SpaceX-Tesla all-stock merger
• Negative Sentiment: China competition continued to worsen. BYD, Xiaomi and XPeng reported strong October sales, while Tesla is relying more heavily on Shanghai exports. This raises concerns about pricing pressure, local market share and Tesla’s ability to sustain growth in its most important production hub. Tesla’s China Problem Gets Harder to Ignore
• Negative Sentiment: Valuation and market-share risks remain substantial. Investor Gary Black said Tesla’s U.S. EV share has fallen sharply and called for better marketing. With Tesla trading at an exceptionally high earnings multiple, further share losses or delays in autonomy monetization could weigh on the stock. Gary Black warns Tesla needs better marketing

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. DZ Bank upgraded shares of Tesla from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Citigroup reiterated a “neutral” rating on shares of Tesla in a report on Wednesday, October 21st. Glj Research reiterated a “sell” rating on shares of Tesla in a research report on Thursday, October 22nd. The Goldman Sachs Group reissued a “neutral” rating on shares of Tesla in a report on Thursday, October 22nd. Finally, Wells Fargo & Company restated a “buy” rating on shares of Tesla in a research report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Tesla presently has an average rating of “Moderate Buy” and an average price target of $414.51.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares in the company, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 20.00% of the company’s stock.

About Tesla

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.