TB Alternative Assets Ltd. Makes New $7.58 Million Investment in Tesla, Inc. $TSLA

TB Alternative Assets Ltd. acquired a new stake in Tesla, Inc. (NASDAQ:TSLA) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 21,360 shares of the electric vehicle producer’s stock, valued at approximately $7,579,000. Tesla makes up about 1.6% of TB Alternative Assets Ltd.’s holdings, making the stock its 15th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Corient Private Wealth LLC increased its holdings in Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after buying an additional 20,810,386 shares during the period. Legal & General Group Plc acquired a new stake in shares of Tesla during the 2nd quarter worth approximately $8,535,612,000. Bank of New York Mellon Corp bought a new position in Tesla in the second quarter valued at approximately $6,083,630,000. Deutsche Bank AG bought a new position in Tesla in the second quarter valued at approximately $4,039,090,000. Finally, Canada Pension Plan Investment Board acquired a new position in Tesla during the second quarter valued at approximately $3,144,509,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the transaction, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Tesla Trading Down 2.1%

Shares of TSLA stock traded down $7.72 during mid-day trading on Friday, reaching $354.72. 61,828,226 shares of the stock traded hands, compared to its average volume of 33,965,432. The company has a market cap of $1.40 trillion, a price-to-earnings ratio of 328.45, a price-to-earnings-growth ratio of 23.53 and a beta of 1.92. 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’s fifty day simple moving average is $359.98 and its two-hundred day simple moving average is $376.90. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA) last posted its earnings results on Thursday, July 23rd. 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 firm’s quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 earnings per share. On average, research analysts anticipate that Tesla, Inc. will post 0.69 EPS for the current fiscal year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla unveiled its redesigned Roadster with SpaceX-developed compressed-air thrusters that allowed the prototype to briefly hover and perform aerial maneuvers. The demonstration reinforced Tesla’s technology and branding appeal, although the vehicle is positioned as a high-priced, low-volume halo product. Tesla Unveils Flying Roadster
• Positive Sentiment: A U.S. appeals court blocked class-action lawsuits related to Tesla’s self-driving claims, potentially reducing near-term legal exposure. Separately, Slovakia approved Tesla’s self-driving technology, providing a regulatory foothold for its autonomy ambitions. Appeals Court Blocks Self-Driving Class Actions
• Neutral Sentiment: Speculation about a Tesla-SpaceX combination intensified after the Roadster’s SpaceX technology showcase. Prediction-market odds for a merger before March 2027 rose above 50%, but there is no announced transaction, making the potential catalyst highly speculative. Tesla-SpaceX Merger Odds Rise
• Negative Sentiment: The Roadster’s production is not expected until 2028, and key details such as final pricing, certification, and commercial practicality remain unclear. Analysts argued that the spectacle is unlikely to materially improve near-term revenue or earnings, particularly for a company valued at roughly $1.4 trillion. Roadster Hype Cannot Mask Margin and Cash Flow Concerns
• Negative Sentiment: Tesla Energy and Charging chief Mike Snyder reportedly left the company as CEO Elon Musk emphasizes AI, robotics, and autonomy. The leadership change raises questions about Tesla’s commitment to its energy business. Investors are also bracing for third-quarter earnings on October 21 amid expectations for pressure on margins, free cash flow, and earnings estimates. Tesla Energy Chief Reportedly Leaves

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. UBS Group reaffirmed a “buy” rating and issued a $391.00 target price (up from $385.00) on shares of Tesla in a report on Wednesday, October 7th. Glj Research restated a “sell” rating on shares of Tesla in a research report on Thursday. Roth Capital reaffirmed a “buy” rating and issued a $505.00 price objective on shares of Tesla in a research note on Thursday, July 23rd. TD Cowen reiterated a “buy” rating on shares of Tesla in a research report on Friday, August 14th. Finally, Wells Fargo & Company reissued a “buy” rating on shares of Tesla in a research note on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $412.33.

Tesla Profile

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.