Meeder Asset Management Inc. Acquires Shares of 2,718 Tesla, Inc. $TSLA

Meeder Asset Management Inc. bought a new position in Tesla, Inc. (NASDAQ:TSLA) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,718 shares of the electric vehicle producer’s stock, valued at approximately $1,143,000.

A number of other hedge funds have also modified their holdings of TSLA. Crestwood Advisors Group LLC grew its position in Tesla by 34.7% in the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after acquiring an additional 5,039 shares in the last quarter. Wealthquest Corp bought a new position in Tesla during the fourth quarter valued at about $1,035,000. Private Capital Advisors Inc. lifted its position in shares of Tesla by 139.3% in the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock worth $9,593,000 after buying an additional 12,417 shares during the last quarter. Knights of Columbus Asset Advisors LLC increased its holdings in shares of Tesla by 34.8% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock valued at $28,998,000 after acquiring an additional 16,652 shares during the last quarter. Finally, Varma Mutual Pension Insurance Co raised its stake in shares of Tesla by 3.0% in the 4th quarter. Varma Mutual Pension Insurance Co now owns 404,023 shares of the electric vehicle producer’s stock valued at $181,697,000 after acquiring an additional 11,900 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on TSLA. Citizens Jmp initiated coverage on shares of Tesla in a research report on Thursday, July 9th. They issued a “market perform” rating on the stock. BMO Capital Markets assumed coverage on shares of Tesla in a research note on Monday, August 17th. They issued an “outperform” rating on the stock. Piper Sandler dropped their target price on shares of Tesla from $500.00 to $450.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Morgan Stanley decreased their price target on shares of Tesla from $417.00 to $400.00 and set an “equal weight” rating for the company in a report on Thursday, July 23rd. Finally, Robert W. Baird set a $475.00 price target on Tesla in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $401.74.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Anticipation is building for Tesla’s Cybercab event in Austin, where the company is expected to showcase a two-seat autonomous vehicle without a steering wheel or pedals. Investors are treating the event as a potential catalyst for Tesla’s robotaxi strategy and future revenue growth. Tesla Cybercab launch article
• Positive Sentiment: Reports that Tesla has begun production of its Optimus humanoid robot, along with updates involving artificial intelligence and Grok, reinforced the bull case that Tesla is becoming more than an electric-vehicle manufacturer. Optimus and Grok updates
• Positive Sentiment: Tesla’s potential expansion of solar production with SpaceX and a reported large Texas chip-making facility added to optimism around its energy, computing and AI infrastructure ambitions. Texas chip facility report
• Positive Sentiment: Higher crude oil prices and renewed geopolitical concerns revived the possibility that expensive gasoline could improve consumer interest in electric vehicles. Tesla also plans to raise prices on certain Cybertruck models, potentially supporting revenue per vehicle. Oil prices and Tesla shares
• Neutral Sentiment: Speculation that Tesla could resume accepting Bitcoin payments resurfaced after Bitcoin mining reportedly surpassed Elon Musk’s earlier clean-energy threshold. No policy change has been confirmed, so the near-term stock impact is uncertain. Tesla Bitcoin payments report
• Negative Sentiment: Investors remain concerned that Tesla’s roughly $25 billion 2026 capital budget, including spending on Optimus and robotaxis, could pressure cash flow if commercialization is delayed. Analysts also warn that autonomy may become a commodity, limiting Tesla’s eventual market share and valuation upside. Tesla investment risks
• Negative Sentiment: A failed reported Robotaxi ride and Tesla’s decision to discontinue Solar Roof sales highlight execution and product-adoption risks, although the company is shifting toward conventional solar panels and energy storage. Tesla Solar Roof decision

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares in the company, valued at $8,864,085.80. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a 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. Insiders own 19.90% of the company’s stock.

Tesla Stock Performance

NASDAQ TSLA opened at $367.95 on Tuesday. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. 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 cap of $1.45 trillion, a P/E ratio of 340.70, a PEG ratio of 17.61 and a beta of 1.83. The company’s 50-day simple moving average is $359.59 and its 200 day simple moving average is $384.52.

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 analysts’ consensus estimates of $0.50 by ($0.17). The business had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 EPS. As a group, research analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Tesla Company 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.