Lighthouse Financial LLC boosted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 180.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,897 shares of the electric vehicle producer’s stock after buying an additional 3,149 shares during the quarter. Lighthouse Financial LLC’s holdings in Tesla were worth $1,738,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Bamco Inc. NY raised its stake in shares of Tesla by 5.0% during 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 buying an additional 591,243 shares during the last quarter. One Plus One Wealth Management LLC acquired a new position in shares of Tesla in the 2nd quarter valued at about $1,009,000. Bessemer Group Inc. boosted its stake in shares of Tesla by 23.6% in the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock worth $20,908,000 after buying an additional 10,747 shares during the last quarter. H&H International Investment LLC purchased a new stake in shares of Tesla in the first quarter worth about $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in Tesla by 12.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock worth $15,470,000 after acquiring an additional 4,806 shares during the period. 66.20% of the stock is currently owned by institutional investors and hedge funds.
Tesla Trading Down 0.6%
TSLA stock opened at $372.22 on Friday. The company’s 50-day simple moving average is $364.01 and its 200-day simple moving average is $377.22. The company has a quick ratio of 1.55, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The firm has a market cap of $1.47 trillion, a P/E ratio of 409.04, a PEG ratio of 23.63 and a beta of 1.92.
Tesla (NASDAQ:TSLA – Get Free Report) last posted 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. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The firm had revenue of $28.05 billion for the quarter, compared to analysts’ expectations of $28.06 billion. During the same period last year, the firm earned $0.50 EPS. The company’s quarterly revenue was down .2% on a year-over-year basis. As a group, equities analysts forecast that Tesla, Inc. will post 0.71 EPS for the current fiscal year.
Analysts Set New Price Targets
Several brokerages recently weighed in on TSLA. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research report on Monday, October 19th. Citigroup reissued a “neutral” rating on shares of Tesla in a report on Wednesday. Tigress Financial started coverage on Tesla in a research report on Thursday. They issued a “buy” rating on the stock. Mizuho raised their price objective on shares of Tesla from $450.00 to $460.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $475.00 price objective (up from $450.00) on shares of Tesla in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, twenty have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $408.61.
View Our Latest Stock Analysis on TSLA
Tesla News Summary
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
- Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
- Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
- Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
- Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
- Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
- Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
- Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
- Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.
Insiders Place Their Bets
In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares in the company, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 19.90% of the company’s stock.
About Tesla
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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