Veratis Advisors Inc. Purchases Shares of 2,435 Tesla, Inc. $TSLA

Veratis Advisors Inc. purchased a new position in Tesla, Inc. (NASDAQ:TSLA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,435 shares of the electric vehicle producer’s stock, valued at approximately $1,024,000. Tesla comprises about 0.7% of Veratis Advisors Inc.’s portfolio, making the stock its 18th largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Marks Group Wealth Management Inc grew its stake in shares of Tesla by 1.7% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock worth $680,000 after purchasing an additional 25 shares during the last quarter. Clear Trail Advisors LLC raised its position in Tesla by 1.6% during the 1st quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock valued at $605,000 after purchasing an additional 25 shares during the last quarter. Peirce Capital Management LLC lifted its holdings in Tesla by 1.5% in the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock worth $697,000 after buying an additional 25 shares during the period. Brio Consultants LLC grew its position in shares of Tesla by 4.7% in the 4th quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer’s stock worth $259,000 after buying an additional 26 shares during the last quarter. Finally, Community Bank & Trust Waco Texas increased its stake in shares of Tesla by 1.7% during the fourth quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock valued at $711,000 after buying an additional 26 shares during the period. 66.20% of the stock is owned by institutional investors.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $354.08 on Monday. The company has a 50 day simple moving average of $358.22 and a two-hundred day simple moving average of $382.85. The company has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 327.85, a P/E/G ratio of 17.88 and a beta of 1.84. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company’s revenue was up 25.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.33 earnings per share. Analysts expect that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TSLA shares. TD Cowen reaffirmed a “buy” rating on shares of Tesla in a research note on Friday, August 14th. Royal Bank Of Canada restated an “outperform” rating and issued a $500.00 price objective on shares of Tesla in a report on Tuesday, July 28th. Robert W. Baird set a $475.00 target price on shares of Tesla in a research report on Monday, July 27th. Sanford C. Bernstein upgraded shares of Tesla from an “underperform” rating to an “outperform” rating in a research report on Friday, June 5th. Finally, Evercore upgraded shares of Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Tesla currently has a consensus rating of “Hold” and a consensus target price of $401.74.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

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.