Tesla, Inc. $TSLA Shares Purchased by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management lifted its stake in Tesla, Inc. (NASDAQ:TSLA) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 286,898 shares of the electric vehicle producer’s stock after purchasing an additional 6,901 shares during the period. Tesla comprises about 2.6% of Gerber Kawasaki Wealth & Investment Management’s investment portfolio, making the stock its 9th largest position. Gerber Kawasaki Wealth & Investment Management’s holdings in Tesla were worth $101,794,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Torren Management LLC increased its holdings in Tesla by 924.5% during the 3rd quarter. Torren Management LLC now owns 502 shares of the electric vehicle producer’s stock worth $178,000 after purchasing an additional 453 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC raised its position in Tesla by 2.4% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 13,695 shares of the electric vehicle producer’s stock valued at $4,859,000 after purchasing an additional 315 shares in the last quarter. Signature Equity Partners LLC lifted its holdings in shares of Tesla by 1.9% in the 3rd quarter. Signature Equity Partners LLC now owns 8,135 shares of the electric vehicle producer’s stock worth $2,886,000 after buying an additional 155 shares during the period. Summit Wealth Group LLC Co. lifted its holdings in shares of Tesla by 4.2% in the 3rd quarter. Summit Wealth Group LLC Co. now owns 9,791 shares of the electric vehicle producer’s stock worth $3,474,000 after buying an additional 395 shares during the period. Finally, Kuhn & Co Investment Counsel grew its position in shares of Tesla by 4.1% during the 3rd quarter. Kuhn & Co Investment Counsel now owns 2,955 shares of the electric vehicle producer’s stock worth $1,048,000 after buying an additional 116 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Tesla Trading Up 1.0%

TSLA opened at $403.82 on Tuesday. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.60 trillion, a price-to-earnings ratio of 443.76, a PEG ratio of 25.04 and a beta of 1.92. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The stock has a fifty day moving average price of $370.43 and a 200-day moving average price of $385.59.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company had revenue of $28.05 billion for the quarter, compared to the consensus estimate of $28.06 billion. During the same quarter last year, the company earned $0.50 earnings per share. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. As a group, equities research analysts anticipate that Tesla, Inc. will post 0.67 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TSLA has been the topic of several research reports. Wall Street Zen lowered Tesla from a “hold” rating to a “sell” rating in a research note on Saturday, October 24th. Canaccord Genuity Group set a $442.00 target price on shares of Tesla and gave the stock a “buy” rating in a report on Thursday, October 22nd. JPMorgan Chase & Co. raised their target price on shares of Tesla from $415.00 to $430.00 and gave the company a “neutral” rating in a research report on Thursday, October 22nd. Needham & Company LLC restated a “hold” rating on shares of Tesla in a report on Thursday, October 22nd. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $485.00 price target on shares of Tesla in a research report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $414.51.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European registrations rebounded sharply. October registrations rose 248% year over year in Sweden, 131% in Norway, 34% in Denmark, 186.1% in Portugal and 94% in Italy. The data suggest Tesla’s sales decline in Europe may be stabilizing, although comparisons may benefit from a weak prior-year period. Tesla registrations surge across Northern Europe in October
• Positive Sentiment: Robotaxi expansion strengthened Tesla’s long-term growth narrative. Tesla’s Texas robotaxi fleet reportedly reached 1,244 vehicles, nearly matching Waymo, while planned expansion into additional cities and Nevada approvals could increase recurring, software-related revenue. Analysts also highlighted Tesla’s potential cost advantage over Waymo vehicles. Tesla’s 128% Robotaxi Surge Puts It Just 15 Cars Behind Waymo
• Positive Sentiment: Commercial vehicle demand provided another potential catalyst. A shipper alliance placed an order for 2,500 Tesla Semi trucks, potentially improving production scale and validating Tesla’s position in electric freight. Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight
• Neutral Sentiment: SpaceX merger speculation remained a major valuation wildcard. Analysts modeled potential reactions to an all-stock combination, while investor Gary Black warned that large, complex transactions can pressure the acquiring company’s shares. Any deal could add exposure to SpaceX’s growth but also create dilution, governance and execution risks. Analyst models potential market reaction to a SpaceX-Tesla all-stock merger
• Negative Sentiment: China competition continued to worsen. BYD, Xiaomi and XPeng reported strong October sales, while Tesla is relying more heavily on Shanghai exports. This raises concerns about pricing pressure, local market share and Tesla’s ability to sustain growth in its most important production hub. Tesla’s China Problem Gets Harder to Ignore
• Negative Sentiment: Valuation and market-share risks remain substantial. Investor Gary Black said Tesla’s U.S. EV share has fallen sharply and called for better marketing. With Tesla trading at an exceptionally high earnings multiple, further share losses or delays in autonomy monetization could weigh on the stock. Gary Black warns Tesla needs better marketing

Insider Activity at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the 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 completion of the sale, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 Company 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.