Roberts Glore & Co. Inc. IL Takes $605,000 Position in Tesla, Inc. $TSLA

Roberts Glore & Co. Inc. IL bought a new stake in Tesla, Inc. (NASDAQ:TSLA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,439 shares of the electric vehicle producer’s stock, valued at approximately $605,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Chapman Financial Group LLC bought a new position in Tesla in the second quarter valued at $26,000. Friedenthal Financial increased its position in shares of Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after purchasing an additional 30 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of Tesla during the 3rd quarter valued at about $30,000. Texas Capital Bancshares Inc TX bought a new stake in Tesla in the 3rd quarter worth approximately $31,000. Finally, Harborfront Financial Group LLC purchased a new stake in Tesla in the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $354.08 on Tuesday. The stock’s 50-day moving average is $357.06 and its 200 day moving average is $382.45. The company has a market cap of $1.40 trillion, a PE ratio of 327.85, a P/E/G ratio of 17.88 and a beta of 1.84. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. During the same quarter last year, the business posted $0.33 EPS. The company’s quarterly revenue was up 25.5% compared to the same quarter last year. Sell-side analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European FSD expansion: Tesla’s supervised Full Self-Driving system received a regulatory green light in Slovenia, potentially supporting wider European deployment and additional high-margin software revenue. Tesla also cited safety data showing 4.1 times fewer collisions than manually driven Teslas in five European markets. Tesla FSD Supervised Gets Regulatory Green Light in Slovenia
• Positive Sentiment: Robotaxi opportunity: Tesla has begun limited paid Cybercab rides in Austin. Goldman Sachs believes the purpose-built vehicle could have a cost advantage in robotaxis, while Cathie Wood and other Tesla bulls continue to view autonomy, Optimus and AI as major long-term growth opportunities. Cybercab Could Transform Tesla, But Regulatory Risks Loom
• Positive Sentiment: AI ecosystem narrative: Investor interest remains focused on Tesla’s integration of FSD, Grok and the Optimus humanoid robot, as well as its indirect exposure to SpaceX. Supporters argue these businesses could eventually justify Tesla’s premium valuation. Cathie Wood Has Stuck With Tesla Through Repeated Missed Robotaxi Deadlines

Analyst Upgrades and Downgrades

TSLA has been the topic of several research reports. BNP Paribas Exane downgraded shares of Tesla from a “hold” rating to an “underperform” rating in a research note on Friday, June 5th. TD Cowen reaffirmed a “buy” rating on shares of Tesla in a report on Friday, August 14th. Piper Sandler reduced their price objective on Tesla from $500.00 to $450.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Guggenheim began coverage on Tesla in a report on Monday, June 29th. They issued a “neutral” rating on the stock. Finally, Citizens Jmp started coverage on Tesla in a research note on Thursday, July 9th. They issued a “market perform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $401.74.

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.