Tesla, Inc. $TSLA Stake Lifted by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. lifted its stake in Tesla, Inc. (NASDAQ:TSLA) by 16.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 78,389 shares of the electric vehicle producer’s stock after acquiring an additional 11,106 shares during the period. Tesla accounts for approximately 1.4% of China Universal Asset Management Co. Ltd.’s portfolio, making the stock its 14th biggest position. China Universal Asset Management Co. Ltd.’s holdings in Tesla were worth $27,659,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSLA. State Street Corp boosted its stake in Tesla by 2.4% in the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after acquiring an additional 2,761,298 shares in the last quarter. Amundi grew its holdings in shares of Tesla by 14.0% during the first quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after purchasing an additional 2,727,141 shares during the last quarter. Legal & General Group Plc acquired a new stake in shares of Tesla during the second quarter worth about $8,535,612,000. Bank of New York Mellon Corp acquired a new stake in shares of Tesla during the second quarter worth about $6,083,630,000. Finally, Bamco Inc. NY lifted its holdings in shares of Tesla by 5.0% in the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after purchasing an additional 591,243 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Stock Performance

NASDAQ:TSLA opened at $403.30 on Friday. The firm’s fifty day moving average price is $368.51 and its 200 day moving average price is $386.05. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. The firm has a market cap of $1.59 trillion, a price-to-earnings ratio of 553.73, a price-to-earnings-growth ratio of 25.04 and a beta of 1.92.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The company had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same quarter in the prior year, the firm earned $0.50 EPS. Tesla’s quarterly revenue was down .2% on a year-over-year basis. On average, sell-side analysts expect that Tesla, Inc. will post 0.67 EPS for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Improved cash generation: Tesla generated approximately $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion. However, the improvement was partly driven by lower-than-expected capital expenditures rather than stronger operating profitability. Tesla’s Free Cash Flow Beat
• Positive Sentiment: Autonomy developments: A South Korean court dismissed a lawsuit from 88 owners seeking refunds over delayed FSD features, removing a potential legal and financial liability. Robotaxi expansion plans and rising FSD adoption also support the long-term growth narrative. South Korea FSD lawsuit
• Positive Sentiment: Analyst and investor support: Barclays upgraded TSLA to Overweight with a $450 target, citing potential strength in vehicles, energy storage and FSD subscriptions. ETFs also reportedly purchased $40.7 million of Tesla shares on October 27. Barclays Tesla upgrade
• Positive Sentiment: European demand: Tesla recorded a reported 66,035 European registrations in September, with the Model Y and Model 3 ranking first and second, helping offset weakness in China. Tesla European registrations
• Neutral Sentiment: SpaceX merger speculation: Elon Musk called a Tesla-SpaceX combination a good idea but acknowledged that winning shareholder approval would be difficult. No transaction has been announced, leaving the speculation a potential catalyst but also a source of volatility. Musk discusses Tesla-SpaceX merger
• Negative Sentiment: Profitability concerns: Tesla’s EV deliveries and earnings have weakened, while operating income reportedly fell 56%. More than 70% of revenue still comes from passenger EVs, making the company vulnerable to pricing pressure and slowing demand. Tesla EV business concerns
• Negative Sentiment: Market and execution risks: Alphabet’s disappointing results pressured technology stocks broadly, while reports of inefficient Robotaxi routing in Houston raised questions about autonomous-service reliability. Rising interest rates also pose a threat to TSLA’s very high valuation multiple.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research report on Monday, October 19th. Oppenheimer began coverage on Tesla in a research note on Thursday, October 22nd. They set an “outperform” rating on the stock. Canaccord Genuity Group set a $442.00 price target on Tesla and gave the stock a “buy” rating in a research report on Thursday, October 22nd. UBS Group upgraded Tesla from a “neutral” rating to a “buy” rating in a research note on Monday. Finally, Barclays raised Tesla from an “outperform” rating to an “overweight” rating and increased their price objective for the company from $370.00 to $450.00 in a report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Tesla has a consensus rating of “Moderate Buy” and a consensus price target of $414.51.

Tesla Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.