Founders Financial Securities LLC cut its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 15.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,944 shares of the electric vehicle producer’s stock after selling 2,450 shares during the period. Founders Financial Securities LLC’s holdings in Tesla were worth $4,593,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the stock. Financial Solutions Advisory Group Inc. increased its holdings in Tesla by 43.0% in the 3rd quarter. Financial Solutions Advisory Group Inc. now owns 1,037 shares of the electric vehicle producer’s stock worth $368,000 after acquiring an additional 312 shares in the last quarter. United Asset Strategies Inc. increased its holdings in Tesla by 0.5% in the 3rd quarter. United Asset Strategies Inc. now owns 13,510 shares of the electric vehicle producer’s stock valued at $4,794,000 after purchasing an additional 62 shares during the last quarter. Interchange Capital Partners LLC increased its stake in Tesla by 2.8% during the 3rd quarter. Interchange Capital Partners LLC now owns 14,932 shares of the electric vehicle producer’s stock worth $5,303,000 after buying an additional 407 shares during the period. Elwood & Goetz Wealth Advisory Group LLC boosted its stake in shares of Tesla by 4.1% in the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 2,451 shares of the electric vehicle producer’s stock valued at $870,000 after buying an additional 97 shares during the period. Finally, China Universal Asset Management Co. Ltd. grew its stake in shares of Tesla by 16.5% during the third quarter. China Universal Asset Management Co. Ltd. now owns 78,389 shares of the electric vehicle producer’s stock worth $27,659,000 after purchasing an additional 11,106 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
TSLA has been the topic of a number of research reports. Stifel Nicolaus set a $475.00 price target on Tesla in a research note on Thursday, October 22nd. CLSA reissued an “underperform” rating on shares of Tesla in a report on Monday. KeyCorp upgraded shares of Tesla to a “sector weight” rating in a research report on Monday, September 28th. UBS Group raised shares of Tesla from a “neutral” rating to a “buy” rating in a report on Monday. Finally, TD Cowen began coverage on shares of Tesla in a research report on Monday. They issued a “hold” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $414.51.
Get Our Latest Stock Analysis on Tesla
Trending Headlines about 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.
Tesla Trading Down 0.2%
Shares of Tesla stock opened at $403.30 on Friday. The stock has a market cap of $1.59 trillion, a PE ratio of 443.19, a price-to-earnings-growth ratio of 25.04 and a beta of 1.92. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The company has a 50-day moving average of $368.51 and a two-hundred day moving average of $386.05.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The firm had revenue of $28.05 billion for the quarter, compared to analysts’ expectations of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The firm’s revenue was down .2% on a year-over-year basis. During the same period in the prior year, the company earned $0.50 EPS. On average, research analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current fiscal year.
Insider Transactions at Tesla
In other Tesla 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 sale, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 20.00% of the company’s stock.
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.
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