Tesla, Inc. $TSLA is East Coast Asset Management LLC.’s 2nd Largest Position

East Coast Asset Management LLC. increased its position in Tesla, Inc. (NASDAQ:TSLA) by 22.4% in the first quarter, HoldingsChannel reports. The firm owned 99,862 shares of the electric vehicle producer’s stock after acquiring an additional 18,267 shares during the period. Tesla accounts for about 12.2% of East Coast Asset Management LLC.’s investment portfolio, making the stock its 2nd biggest holding. East Coast Asset Management LLC.’s holdings in Tesla were worth $37,124,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in TSLA. PFS Partners LLC boosted its position in shares of Tesla by 4.2% in the fourth quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer’s stock worth $265,000 after buying an additional 24 shares during the period. Woodmont Investment Counsel LLC raised its position in Tesla by 1.2% during the fourth quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer’s stock valued at $955,000 after buying an additional 25 shares during the period. Aspect Partners LLC lifted its stake in Tesla by 12.5% in the 4th quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer’s stock worth $101,000 after acquiring an additional 25 shares in the last quarter. Human Investing LLC boosted its position in Tesla by 4.5% during the 4th quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer’s stock worth $260,000 after acquiring an additional 25 shares during the period. Finally, SilverOak Wealth Management LLC grew its stake in Tesla by 2.3% during the 4th quarter. SilverOak Wealth Management LLC now owns 1,117 shares of the electric vehicle producer’s stock valued at $502,000 after acquiring an additional 25 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 dated 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 in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 32,015 shares of company stock valued at $12,383,640 over the last quarter. 19.90% of the stock is currently owned by corporate insiders.

Tesla Price Performance

NASDAQ TSLA opened at $309.23 on Tuesday. 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 stock has a market capitalization of $1.22 trillion, a PE ratio of 286.33, a price-to-earnings-growth ratio of 10.80 and a beta of 1.80. The company has a 50 day moving average price of $398.72 and a two-hundred day moving average price of $401.32. Tesla, Inc. has a 12-month low of $297.82 and a 12-month high of $498.83.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.33 EPS. As a group, equities analysts predict that Tesla, Inc. will post 1.33 earnings per share for the current fiscal year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: AI infrastructure win: CEO Elon Musk said Micron has provided Tesla with a “very significant allocation” of memory chips on reasonable terms and plans to expand capacity for the automaker. Reliable access to memory could support Tesla’s AI, robotaxi and data-center ambitions, although the financial payoff remains uncertain. Elon Musk Just Revealed a Quiet Win for Tesla’s AI Ambitions
• Positive Sentiment: UK 5G patent case revived: Tesla won an appeal allowing its lawsuit against InterDigital and a licensing platform to proceed, potentially improving its position in securing technology licenses for connected vehicles in Britain. The ruling is strategically favorable but does not provide an immediate earnings benefit. Tesla wins bid to revive UK lawsuit for 5G patents licence
• Neutral Sentiment: AI and tech-stock rotation: Investors have been selling leading technology shares despite strong revenue results, reflecting skepticism about heavy AI investment and elevated valuations. This broader risk-off rotation is adding volatility to TSLA, even as analysts debate whether its AI spending will ultimately produce sufficient returns. Investors Have Been Giving Tech Stocks a Hard Time Lately, Despite Strong Earnings
• Negative Sentiment: Weak Q2 profitability remains the central issue: Tesla reported approximately $400 million in operating profit, well below the roughly $1.7 billion expected, while EPS missed consensus. Higher capital expenditures, tighter margins and reduced confidence in near-term robotaxi contributions have led to continued post-earnings selling. Tesla Stock Just Erased a Year of Gains. Nothing Seems to Help.
• Negative Sentiment: Valuation and execution concerns: Commentary from several analysts argues that Tesla’s valuation still assumes successful future AI, robotics and autonomous-driving businesses, while electric vehicles remain its primary, lower-margin business. Downgrades and bearish forecasts have intensified as the stock trades at a very high earnings multiple. Tesla Is Still Overvalued After Its Post-Earnings Drop
• Negative Sentiment: Competitive pressure is rising: Ford and General Motors have recently received more favorable profit and cash-flow assessments, making Tesla’s weaker earnings outlook stand out within the auto industry. Technical analysts also identify additional downside risk if recent support levels fail. Forget Tesla: These 2 Earnings Reports Reveal Where the Auto Market Is Heading

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of research analyst reports. UBS Group set a $460.00 price target on shares of Tesla in a research report on Thursday. Oppenheimer reaffirmed a “market perform” rating on shares of Tesla in a research report on Thursday. Mizuho set a $450.00 price objective on shares of Tesla and gave the company an “outperform” rating in a research note on Thursday. Jefferies Financial Group set a $400.00 target price on shares of Tesla and gave the company a “hold” rating in a research note on Monday, July 13th. Finally, Evercore upgraded shares of Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $402.24.

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.