Vise Technologies Inc. lifted its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 14.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 126,889 shares of the electric vehicle producer’s stock after purchasing an additional 15,574 shares during the quarter. Vise Technologies Inc.’s holdings in Tesla were worth $45,021,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legal & General Group Plc acquired a new position in Tesla in the second quarter valued at about $8,535,612,000. Bank of New York Mellon Corp acquired a new stake in shares of Tesla during the second quarter worth $6,083,630,000. Deutsche Bank AG bought a new position in Tesla in the 2nd quarter valued at about $4,039,090,000. Canada Pension Plan Investment Board acquired a new stake in Tesla in the second quarter valued at approximately $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Tesla in the second quarter valued at $2,995,584,000. 66.20% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on TSLA shares. Royal Bank Of Canada downgraded shares of Tesla from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 22nd. Tigress Financial assumed coverage on shares of Tesla in a research note on Thursday, October 22nd. They set a “buy” rating on the stock. Monness Crespi & Hardt initiated coverage on shares of Tesla in a research note on Monday, October 26th. They set a “buy” rating for the company. Oppenheimer began coverage on Tesla in a research note on Thursday, October 22nd. They issued an “outperform” rating on the stock. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a report on Monday, October 19th. One investment 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $414.51.
Read Our Latest Stock Analysis on Tesla
Insider Buying and Selling at Tesla
In other 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 transaction, the chief financial officer owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 Stock Down 0.9%
Tesla stock opened at $399.81 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.58 trillion, a P/E ratio of 439.36, a P/E/G ratio of 24.77 and a beta of 1.92. The business has a fifty day moving average of $369.61 and a two-hundred day moving average of $385.81. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. The firm had revenue of $28.05 billion during 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%. The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period last year, the business posted $0.50 earnings per share. On average, analysts forecast that Tesla, Inc. will post 0.67 earnings per share for the current fiscal year.
More Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla’s robotaxi business continues to generate optimism. The company added a Quiet Mode to Model Y robotaxis after driverless miles reportedly increased eightfold, potentially improving passenger comfort and supporting broader adoption. Tesla Adds Sleep-Friendly Robotaxi Feature After Driverless Miles Surge Eightfold
- Positive Sentiment: Analysts and financial commentators pointed to Cybercab, robotaxis, Optimus and AI as potential growth engines that could create new revenue streams beyond vehicle sales. Tesla’s European registrations also reached a record in September, with the Model Y and Model 3 ranking first and second. Tesla Could Be About to Unlock a Brand-New Revenue Stream
- Positive Sentiment: Tesla generated $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion, suggesting some capital discipline despite continued investment in AI, robotics and autonomy. Tesla’s Free Cash Flow Beat
- Neutral Sentiment: A possible Tesla-SpaceX merger remains a major source of speculative upside, but Bank of America warned that Chinese regulatory approval could be a significant obstacle, particularly because Tesla’s Shanghai operations could become linked to a U.S. defense contractor. Tesla-SpaceX Merger Could Face Regulatory Risk in China
- Negative Sentiment: A Seeking Alpha downgrade argued that Tesla’s valuation already discounts ambitious promises whose timelines continue to slip. Rising research and development spending for AI, Optimus and driverless vehicles is also pressuring operating profits. Tesla Paying Peak Multiples for Promises That Keep Slipping
- Negative Sentiment: Competition and execution concerns remain. Chinese rival XPeng promoted more commercially viable flying-car technology, Rivian is developing a competing autonomy strategy, and Tesla reportedly halted Cybertruck reservations and sales plans in Australia and New Zealand. Tesla Stock Falls as China Promotes Flying Cars
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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