73,957 Tesla, Inc. $TSLA Shares Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. grew its holdings in Tesla, Inc. (NASDAQ:TSLA) by 12.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 674,381 shares of the electric vehicle producer’s stock after buying an additional 73,957 shares during the quarter. Tesla accounts for about 0.6% of Rakuten Investment Management Inc.’s investment portfolio, making the stock its 17th biggest holding. Rakuten Investment Management Inc.’s holdings in Tesla were worth $237,949,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its holdings in Tesla by 2.4% in the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after acquiring an additional 2,761,298 shares during the period. Legal & General Group Plc acquired a new position in shares of Tesla during the 2nd quarter worth $8,535,612,000. Amundi grew its stake in shares of Tesla by 14.0% during the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after purchasing an additional 2,727,141 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Tesla in the 2nd quarter valued at about $6,083,630,000. Finally, Bamco Inc. NY increased its holdings in shares of Tesla by 5.0% in the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after purchasing an additional 591,243 shares in the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on TSLA. JPMorgan Chase & Co. boosted their price objective on shares of Tesla from $415.00 to $430.00 and gave the stock a “neutral” rating in a report on Thursday, October 22nd. Tigress Financial started coverage on shares of Tesla in a report on Thursday, October 22nd. They issued a “buy” rating for the company. CLSA reiterated an “underperform” rating on shares of Tesla in a research report on Monday, October 26th. Royal Bank Of Canada lowered Tesla from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft started coverage on Tesla in a report on Monday, October 26th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $414.51.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European registrations rebounded. October registrations rose sharply in several Northern European markets, including 248% year over year in Sweden and 131% in Norway, alongside gains in other European countries. The data may support hopes of a sales recovery. Tesla registrations surge across Northern Europe in October
• Positive Sentiment: Substantial electric-truck demand: a shipper alliance reportedly ordered 2,500 Tesla Semi trucks, a potentially meaningful commercial opportunity if deliveries and adoption follow through. Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight
• Neutral Sentiment: Robotaxi expansion: Tesla’s service is set to reach Fort Worth, extending its footprint. The longer-term stock impact depends on customer uptake, operating economics and regulatory progress. Robotaxi Service Hits Fort Worth
• Negative Sentiment: China sales data were mixed, with a concerning sequential trend. China-made EV sales increased 10.3% year over year in October, but wholesale sales fell from September to their second-lowest level of 2026, raising concerns about demand and competition in a key market. Tesla’s China Wholesale Sales Sink Sequentially in October
• Negative Sentiment: South Korean consumer group alleges Tesla misled customers about its automated-driving technology. The claim could bring reputational or regulatory risk; it is an allegation, not a reported finding. Tesla misled South Korean customers, consumer group alleges

Tesla Trading Down 1.3%

Shares of Tesla stock opened at $398.50 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The company has a market capitalization of $1.58 trillion, a P/E ratio of 437.92, a P/E/G ratio of 25.01 and a beta of 1.74. The business has a 50 day moving average price of $371.42 and a 200 day moving average price of $385.39.

Tesla (NASDAQ:TSLA) last announced its earnings results 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 return on equity of 3.03% and a net margin of 3.11%. Tesla’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.50 EPS. Sell-side analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

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.