Legacy Wealth Management LLC MS purchased a new position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,907 shares of the electric vehicle producer’s stock, valued at approximately $858,000.
Other institutional investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in Tesla during the 2nd quarter worth approximately $11,839,824,000. Holocene Advisors LP grew its stake in shares of Tesla by 132.2% in the third quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer’s stock worth $2,738,141,000 after acquiring an additional 3,505,000 shares in the last quarter. Amundi grew its stake in shares of Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after acquiring an additional 3,422,270 shares in the last quarter. Jennison Associates LLC increased its position in shares of Tesla by 38.3% during the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $4,851,747,000 after acquiring an additional 3,021,550 shares during the period. Finally, Capital World Investors raised its stake in shares of Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock valued at $19,583,547,000 after acquiring an additional 2,403,019 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.
Tesla Trading Down 3.2%
Shares of Tesla stock opened at $380.24 on Friday. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The company has a fifty day simple moving average of $416.30 and a 200-day simple moving average of $426.27. The stock has a market cap of $1.43 trillion, a price-to-earnings ratio of 352.07, a PEG ratio of 11.61 and a beta of 1.89. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83.
Analysts Set New Price Targets
TSLA has been the subject of a number of recent research reports. The Goldman Sachs Group reiterated a “neutral” rating and issued a $405.00 target price on shares of Tesla in a report on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a research report on Tuesday, January 27th. Morgan Stanley set a $415.00 price objective on Tesla and gave the company an “equal weight” rating in a research note on Thursday, January 29th. New Street Research boosted their price objective on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Truist Financial cut their target price on shares of Tesla from $439.00 to $438.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $406.84.
Get Our Latest Analysis on TSLA
Tesla News Roundup
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla’s new Class 8 Semi is getting strong early reviews from truckers for range (~500 miles), fast charging and a centered driving position — a positive commercial‑vehicle validation that could expand revenue beyond consumer EVs. Tesla Finally Has Its First Semi-Truck and It’s Already a Hit With Truckers
- Positive Sentiment: Elon Musk reiterated plans around in‑house AI chips (AI5/AI6) and Tesla’s Terafab chip project with a target tape‑out window, and Samsung is slated to manufacture Tesla chips — this supports Tesla’s self‑driving and Optimus plans and reduces some supplier risk. Tesla targets December 2026 for next-generation AI6 chip tape-out
- Positive Sentiment: Tesla and LG Energy confirmed a $4.3B U.S. battery plant for Megapack/energy storage — strengthens domestic supply for high‑margin energy products and supports revenue diversification. Tesla, LG Bet on U.S. Batteries With $4.3 Billion Plant
- Neutral Sentiment: Operational bright spots: Model Y remains a top global seller, and Tesla’s multiple chip and fab announcements keep a long‑term optionality narrative intact — but these are longer‑dated drivers. Tesla Model Y Emerges As World’s Best-Selling Car
- Negative Sentiment: The biggest near‑term negative: U.S. safety regulators (NHTSA) escalated the FSD probe to an engineering analysis covering millions of vehicles — this raises recall/enforcement risk and hits the core autonomy narrative that supports TSLA’s valuation. US auto safety regulator intensifies probe in Tesla vehicles with FSD
- Negative Sentiment: Analyst/investor concerns: UBS cut Q1 delivery estimates and reiterated skepticism about the robotaxi upside; some analysts warn the probe could lead to a costly recall — increasing downside risk if delivery momentum disappoints. UBS cuts Tesla Q1 delivery estimate and questions robotaxi upside
- Negative Sentiment: Legal and safety headlines (lawsuit from a Cybertruck crash survivor, recurring criticism that FSD may not perform reliably) add reputational and potential liability pressure that can amplify selling during risk‑off sessions. Survivor of deadly Cybertruck crash in the Bay Area is suing Tesla
Insiders Place Their Bets
In other news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction dated 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 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 Securities & Exchange Commission, which is accessible through this link. Also, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 87,995 shares of company stock valued at $38,315,650. 19.90% of the stock is currently owned by insiders.
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.
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