Surience Private Wealth LLC Cuts Position in Tesla, Inc. $TSLA

Surience Private Wealth LLC decreased its position in Tesla, Inc. (NASDAQ:TSLA) by 52.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,563 shares of the electric vehicle producer’s stock after selling 5,018 shares during the quarter. Tesla accounts for 1.9% of Surience Private Wealth LLC’s portfolio, making the stock its 15th biggest holding. Surience Private Wealth LLC’s holdings in Tesla were worth $2,029,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Chesley Taft & Associates LLC lifted its position in Tesla by 0.8% during the third quarter. Chesley Taft & Associates LLC now owns 3,118 shares of the electric vehicle producer’s stock valued at $1,387,000 after purchasing an additional 25 shares during the last quarter. Holos Integrated Wealth LLC raised its position in shares of Tesla by 10.8% during the 2nd quarter. Holos Integrated Wealth LLC now owns 309 shares of the electric vehicle producer’s stock valued at $102,000 after buying an additional 30 shares in the last quarter. Dominguez Wealth Management Solutions Inc. lifted its holdings in shares of Tesla by 4.5% in the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 704 shares of the electric vehicle producer’s stock valued at $313,000 after acquiring an additional 30 shares during the last quarter. First Merchants Corp grew its position in Tesla by 1.3% in the second quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer’s stock worth $767,000 after acquiring an additional 31 shares in the last quarter. Finally, Kaye Capital Management increased its stake in Tesla by 3.1% during the second quarter. Kaye Capital Management now owns 1,047 shares of the electric vehicle producer’s stock worth $333,000 after acquiring an additional 31 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 19.90% of the stock is currently owned by insiders.

Tesla Trading Down 0.4%

NASDAQ TSLA opened at $481.20 on Friday. The stock has a market cap of $1.60 trillion, a PE ratio of 320.80, a PEG ratio of 12.03 and a beta of 1.87. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $495.28. The company’s 50-day moving average price is $439.98 and its 200-day moving average price is $380.80. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. The company had revenue of $28.10 billion during the quarter, compared to analysts’ expectations of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.72 EPS. Equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year.

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of recent research reports. President Capital lifted their target price on Tesla from $373.00 to $529.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Barclays restated a “neutral” rating and issued a $350.00 price target on shares of Tesla in a research report on Monday, December 1st. Wall Street Zen upgraded shares of Tesla from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Melius assumed coverage on shares of Tesla in a report on Monday, October 13th. They issued a “buy” rating and a $520.00 target price for the company. Finally, JPMorgan Chase & Co. upped their price target on shares of Tesla from $115.00 to $150.00 in a report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $404.14.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Analysts are lifting targets and reiterating bullish views, providing near?term support for the rally — Deutsche Bank bumped its target to $500 and other firms (Mizuho, CICC, Truist) have issued bullish notes. Article
• Positive Sentiment: Tesla committed ~$1.2B to battery cell production in Germany (8 GWh target from 2027), a strategic capex that supports localization, margin improvement and long?term EV supply. Article
• Positive Sentiment: Robotaxi and Cybercab testing appears to be accelerating (production?ready units seen in streets), keeping momentum behind Tesla’s high?value autonomy thesis that investors are pricing in. Article
• Positive Sentiment: Tesla avoided a potential ~€11M fine in Italy over range claims, removing a modest legal overhang. Article
• Neutral Sentiment: The Delaware Supreme Court reinstated Musk’s 2018 pay package, ending a years?long legal dispute and removing uncertainty — but the scale of the award (now valued far higher) raises governance and dilution debates. Article
• Neutral Sentiment: Large institutional repositioning: ARK/active managers have trimmed holdings recently (profit?taking), which can amplify intraday volatility but doesn’t necessarily change the structural bull case. Article
• Negative Sentiment: Regulatory and safety pressure persists: California actions on Autopilot/FSD marketing, a proposed federal/state focus on autonomy rules, and consumer safety complaints (e.g., door?handle issues) keep legal/regulatory risk elevated. Article
• Negative Sentiment: Core EV metrics remain mixed: U.S. vehicle sales have softened and operating expenses have risen as Tesla spends on autonomy/robotics — analysts warn near?term margins and volumes could pressure sentiment if growth stalls. Article

Tesla Profile

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.