Perpetual Ltd Grows Position in Tesla, Inc. $TSLA

Perpetual Ltd lifted its position in Tesla, Inc. (NASDAQ:TSLA) by 57.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,387 shares of the electric vehicle producer’s stock after acquiring an additional 2,682 shares during the period. Perpetual Ltd’s holdings in Tesla were worth $3,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of TSLA. Chapman Financial Group LLC purchased a new position in shares of Tesla during the second quarter worth $26,000. LGT Financial Advisors LLC purchased a new stake in shares of Tesla in the second quarter worth about $29,000. CoreFirst Bank & Trust acquired a new stake in Tesla during the second quarter worth about $30,000. ESL Trust Services LLC lifted its holdings in Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after acquiring an additional 95 shares during the period. Finally, Delos Wealth Advisors LLC purchased a new stake in Tesla in the 2nd quarter worth approximately $32,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Stock Down 0.4%

NASDAQ TSLA opened at $481.20 on Friday. The business has a fifty day moving average price of $439.98 and a 200 day moving average price of $380.80. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. The company has a market cap of $1.60 trillion, a P/E ratio of 320.80, a P/E/G ratio of 12.03 and a beta of 1.87. Tesla, Inc. has a one year low of $214.25 and a one year high of $495.28.

Tesla (NASDAQ:TSLA) last announced its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. The company had revenue of $28.10 billion for the quarter, compared to analysts’ expectations of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.72 EPS. Research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on TSLA shares. Melius Research set a $520.00 price target on shares of Tesla and gave the company a “buy” rating in a research report on Monday, October 13th. TD Cowen upped their price target on Tesla from $374.00 to $509.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Wall Street Zen raised Tesla from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Roth Capital set a $505.00 target price on Tesla and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Finally, Benchmark reiterated a “buy” rating on shares of Tesla in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the stock. According to MarketBeat.com, Tesla has an average rating of “Hold” and an average target price of $404.14.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Analysts are lifting targets and reiterating bullish views, providing near?term support for the rally — Deutsche Bank bumped its target to $500 and other firms (Mizuho, CICC, Truist) have issued bullish notes. Article
• Positive Sentiment: Tesla committed ~$1.2B to battery cell production in Germany (8 GWh target from 2027), a strategic capex that supports localization, margin improvement and long?term EV supply. Article
• Positive Sentiment: Robotaxi and Cybercab testing appears to be accelerating (production?ready units seen in streets), keeping momentum behind Tesla’s high?value autonomy thesis that investors are pricing in. Article
• Positive Sentiment: Tesla avoided a potential ~€11M fine in Italy over range claims, removing a modest legal overhang. Article
• Neutral Sentiment: The Delaware Supreme Court reinstated Musk’s 2018 pay package, ending a years?long legal dispute and removing uncertainty — but the scale of the award (now valued far higher) raises governance and dilution debates. Article
• Neutral Sentiment: Large institutional repositioning: ARK/active managers have trimmed holdings recently (profit?taking), which can amplify intraday volatility but doesn’t necessarily change the structural bull case. Article
• Negative Sentiment: Regulatory and safety pressure persists: California actions on Autopilot/FSD marketing, a proposed federal/state focus on autonomy rules, and consumer safety complaints (e.g., door?handle issues) keep legal/regulatory risk elevated. Article
• Negative Sentiment: Core EV metrics remain mixed: U.S. vehicle sales have softened and operating expenses have risen as Tesla spends on autonomy/robotics — analysts warn near?term margins and volumes could pressure sentiment if growth stalls. Article

Insider Activity

In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 19.90% of the stock is currently owned by corporate insiders.

About Tesla

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.