Kovitz Investment Group Partners LLC Sells 80,269 Shares of Tesla, Inc. $TSLA

Kovitz Investment Group Partners LLC lessened its position in Tesla, Inc. (NASDAQ:TSLA) by 51.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 77,140 shares of the electric vehicle producer’s stock after selling 80,269 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Tesla were worth $34,692,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Networth Advisors LLC bought a new stake in shares of Tesla in the 4th quarter worth approximately $26,000. Davidson Capital Management Inc. raised its holdings in shares of Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after acquiring an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in Tesla in the third quarter worth $30,000. Prism Advisors Inc. bought a new stake in Tesla in the fourth quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in Tesla during the 3rd quarter valued at $31,000. 66.20% of the stock is owned by institutional investors.

Tesla Trading Up 1.0%

NASDAQ:TSLA opened at $400.49 on Friday. Tesla, Inc. has a one year low of $288.77 and a one year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The company’s 50-day simple moving average is $402.19 and its 200 day simple moving average is $415.36. The firm has a market capitalization of $1.50 trillion, a P/E ratio of 367.42, a PEG ratio of 15.84 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter last year, the firm earned $0.27 earnings per share. The business’s revenue for the quarter was up 15.8% on a year-over-year basis. As a group, analysts forecast that Tesla, Inc. will post 1.19 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a legal 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. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 57,824 shares of company stock valued at $21,657,588. 19.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TSLA. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a research report on Friday, April 24th. Citigroup reiterated a “neutral” rating on shares of Tesla in a research report on Tuesday. Roth Mkm restated a “buy” rating on shares of Tesla in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft began coverage on Tesla in a research report on Friday, June 5th. They set a “buy” rating on the stock. Finally, Wedbush reissued an “outperform” rating and issued a $600.00 target price on shares of Tesla in a research report on Tuesday, April 21st. Twenty-one research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, Tesla presently has a consensus rating of “Hold” and an average price target of $404.37.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: A Texas Department of Transportation executive publicly backed Tesla’s robotaxi/Cybercab effort, adding credibility to Elon Musk’s autonomous-driving push and supporting the long-term bull case. Elon Musk’s Robotaxi Goals Get A Boost As Texas DOT Official Hails Tesla Cybercab
• Positive Sentiment: BofA’s analysis of Waymo and Tesla safety data suggested serious incidents are very rare, which could help ease investor concerns about Tesla’s autonomous-driving progress. Your Tesla Drives Better Than You Do—and That’s Good News for the Stock
• Positive Sentiment: Elon Musk teased more FSD improvements, including better parking behavior and conversational Grok integration, reinforcing the view that Tesla keeps adding software features that could support future monetization. Elon Musk Says Tesla FSD Will Remember ‘Parking Preferences’ At Home, Office And School Drop-Off In Upcoming Releases
• Positive Sentiment: Oppenheimer’s higher capex estimate points to Tesla spending heavily on “Physical AI” investments, which bulls view as fuel for robotaxi, Optimus, and broader AI growth. Tesla (TSLA) Stock: Oppenheimer Projects $29.4B Capex — 25% Above Wall Street Consensus
• Neutral Sentiment: Analysts and commentary highlighted Tesla’s AI, robotaxi, and Optimus strategy as the key driver of the stock’s long-term valuation, but these pieces were largely thematic rather than a near-term catalyst. Tesla’s $25 Billion Capex Plan Is No Longer About Cars. Here’s Why Tesla Could Be the Most Undervalued AI and Robotics Stock of 2026.
• Negative Sentiment: Sweden’s transport authority reportedly urged the EU to reject Tesla’s supervised self-driving rollout unless the company removes the ability to exceed speed limits, adding another regulatory obstacle for FSD adoption in Europe. Exclusive: Sweden may oppose Tesla’s supervised self-driving tech in Europe over speeding concerns
• Negative Sentiment: U.S. lawmakers also criticized Tesla’s FSD safety data as misleading, which may increase scrutiny around the company’s autonomy claims and slow sentiment around robotaxi approval. TSLA Stock Falls – Senator Raises Concerns Over Tesla’s ‘Misleading’ FSD Safety Data

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.