Dynamic Advisor Solutions LLC reduced its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 8.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 77,875 shares of the electric vehicle producer’s stock after selling 7,602 shares during the period. Tesla accounts for 0.9% of Dynamic Advisor Solutions LLC’s investment portfolio, making the stock its 19th largest holding. Dynamic Advisor Solutions LLC’s holdings in Tesla were worth $32,754,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of TSLA. Norges Bank bought a new position in Tesla during the fourth quarter valued at $17,128,100,000. Corient Private Wealth LLC increased its stake in Tesla by 3,205.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after acquiring an additional 20,810,386 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after purchasing an additional 7,450,766 shares during the last quarter. Cardano Risk Management B.V. increased its position in shares of Tesla by 882.8% during the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock valued at $3,688,630,000 after purchasing an additional 7,367,507 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in Tesla by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after buying an additional 6,538,720 shares during the period. 66.20% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other news, CFO Vaibhav Taneja sold 3,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company’s stock.
Key Stories Impacting Tesla
- Positive Sentiment: Megapack demand is accelerating. SpaceX purchased $295 million of Tesla Megapacks in the second quarter and $329 million year to date to support AI data centers in Memphis. The sales provide evidence of growing demand for Tesla’s energy-storage business and a potential commercial relationship with SpaceX. SpaceX ramps up Tesla Megapack purchases in Q2
- Positive Sentiment: China sales remain a bright spot. Tesla’s China-made vehicle sales increased 37.8% year over year in July, marking the ninth consecutive month of growth. The performance could help ease concerns about demand in one of Tesla’s most important markets. Tesla’s July China-made EV sales rise
- Positive Sentiment: Long-term bulls continue to support the stock. ARK Invest’s Cathie Wood reportedly bought another $14.3 million of Tesla shares, while bullish commentary continues to focus on autonomy, robotics, AI, and energy storage as future growth drivers. Cathie Wood’s ARK Invest Tesla position
- Neutral Sentiment: Technical analysts see rebound potential. One forecast identifies support near current levels and a possible move toward $386.61, but this remains a technical scenario rather than a change in Tesla’s underlying fundamentals. Tesla price forecast
- Negative Sentiment: Profitability remains the central concern. Tesla’s latest quarter included an earnings miss, sharply lower operating income, and negative free cash flow despite record deliveries and revenue growth. With the shares trading at an exceptionally high earnings multiple, investors require substantial future success from autonomy and robotics to justify the valuation.
- Negative Sentiment: Autonomous-driving competition is intensifying. Uber is investing aggressively in robotaxis, while Amazon’s Zoox received approval to deploy up to 2,500 purpose-built driverless vehicles annually. A study examining how accident data could be used to train robotaxis also renewed safety concerns surrounding Tesla’s autonomous-driving ambitions. Uber robotaxi competition
- Negative Sentiment: Bearish sentiment remains visible. Investor Michael Burry is maintaining short positions in Tesla and warning of a potential broader market sell-off, adding pressure to an already volatile stock. Michael Burry’s Tesla short position
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on TSLA shares. TD Cowen restated a “buy” rating and issued a $460.00 target price (down from $490.00) on shares of Tesla in a report on Thursday, July 23rd. Sanford C. Bernstein upgraded Tesla from an “underperform” rating to an “outperform” rating in a research report on Friday, June 5th. Barclays increased their price target on Tesla from $360.00 to $370.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Guggenheim initiated coverage on Tesla in a research report on Monday, June 29th. They issued a “neutral” rating on the stock. Finally, Wedbush reiterated an “outperform” rating and set a $600.00 target price on shares of Tesla in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $401.74.
View Our Latest Report on Tesla
Tesla Trading Down 1.8%
Shares of NASDAQ TSLA opened at $321.55 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $383.35 and a two-hundred day simple moving average of $395.05. The firm has a market cap of $1.27 trillion, a PE ratio of 297.73, a price-to-earnings-growth ratio of 16.24 and a beta of 1.83. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.33 EPS. Analysts expect that Tesla, Inc. will post 0.89 earnings per share for the current fiscal year.
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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