Portus Wealth Advisors LLC Makes New Investment in Tesla, Inc. $TSLA

Portus Wealth Advisors LLC purchased a new position in shares of Tesla, Inc. (NASDAQ:TSLA) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,101 shares of the electric vehicle producer’s stock, valued at approximately $1,379,000. Tesla comprises 1.4% of Portus Wealth Advisors LLC’s investment portfolio, making the stock its 20th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Narwhal Capital Management increased its holdings in shares of Tesla by 32.8% during the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock valued at $4,232,000 after acquiring an additional 2,350 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in Tesla by 29.6% in the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock worth $14,487,000 after purchasing an additional 7,446 shares during the last quarter. Norges Bank bought a new stake in Tesla during the second quarter worth approximately $11,839,824,000. China Universal Asset Management Co. Ltd. grew its holdings in Tesla by 8.8% during the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock valued at $21,571,000 after purchasing an additional 3,935 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its holdings in Tesla by 26.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock valued at $8,019,000 after purchasing an additional 3,724 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 87,995 shares of company stock valued at $38,315,650. 19.90% of the stock is owned by corporate insiders.

Tesla Stock Up 0.9%

Shares of TSLA opened at $399.27 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The company has a 50-day simple moving average of $418.18 and a 200-day simple moving average of $426.83. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83. The firm has a market capitalization of $1.50 trillion, a P/E ratio of 369.69, a P/E/G ratio of 11.70 and a beta of 1.89.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 earnings per share. On average, equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TSLA shares. UBS Group boosted their price objective on shares of Tesla from $307.00 to $352.00 and gave the stock a “sell” rating in a research note on Thursday, January 29th. BNP Paribas Exane dropped their target price on shares of Tesla from $313.00 to $280.00 and set an “underperform” rating on the stock in a report on Monday, March 2nd. Bank of America began coverage on shares of Tesla in a research report on Wednesday, March 4th. They set a “buy” rating and a $460.00 target price for the company. TD Cowen upped their price target on shares of Tesla from $509.00 to $519.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, Glj Research reaffirmed a “sell” rating on shares of Tesla in a research report on Thursday, March 12th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $406.84.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla confirmed a $4.3 billion supply/build deal with LG Energy Solution to build an LFP prismatic cell factory in Lansing, Michigan to supply Megapack energy-storage systems — a major step toward U.S. battery sourcing and securing capacity for the energy business. US government confirms Tesla and LG Energy Solution’s $4.3 billion battery deal
• Positive Sentiment: Elon Musk says Tesla’s “Terafab” AI-chip project will launch imminently — investors view a domestic AI-chip supply as critical to scaling Autonomy/robotaxi economics and reducing GPU costs. Elon Musk Says Tesla’s ‘Terafab’ AI Chip Project Launches In 7 Days
• Positive Sentiment: Street support is mixed but constructive headlines arrived today (e.g., Bank of America initiating a Buy) citing expanding robotaxi operations as an upside catalyst. BofA initiates buy on Tesla (TSLA) as robotaxi operations expand across multiple markets
• Neutral Sentiment: Strong China retail data (big year-over-year gains reported earlier) underpins demand expectations abroad but contrasts with soft U.S. sales — signals remain mixed by region. Tesla (TSLA) Growth in China Signals Strong Global Demand, EV Sales Surge 91%
• Neutral Sentiment: Tesla continues to tease product rollouts (Roadster unveiling pushed later in April) and big-capex plans for chips — these keep sentiment positive on potential upside but increase execution and cash-intensity risk. Elon Musk pours cold water on April 1 Tesla Roadster unveiling — but says it’ll ‘probably’ happen later that month
• Negative Sentiment: Competitive pressure on autonomy intensified after Nvidia’s DRIVE partnerships with major OEMs and Uber — that dynamic threatens Tesla’s robotaxi moat and could cap valuation if Tesla can’t monetize autonomy faster. Tesla (TSLA) Stock Slides as Nvidia DRIVE Secures Major Partnerships with Uber, BYD and Hyundai
• Negative Sentiment: Demand and execution concerns remain: commentary about weak U.S. deliveries and prediction-market indicators suggesting Q1 delivery risk could add downward pressure if numbers disappoint. Tesla Stock’s Bear Market Just Got A Dangerous New Twist: Q1 Deliveries Could Deepen The Damage
• Negative Sentiment: Legal and governance distractions tied to Elon Musk (recent court developments around his Twitter/X litigation and SEC-related settlement talk reports) create headline risk that can amplify volatility in TSLA. Elon Musk’s lawyers sidestepped SEC team in Twitter case settlement talks

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.