VeraBank N.A. Makes New $545,000 Investment in Tesla, Inc. $TSLA

VeraBank N.A. acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,226 shares of the electric vehicle producer’s stock, valued at approximately $545,000.

Several other hedge funds have also recently bought and sold shares of the stock. Norges Bank acquired a new position in Tesla in the 2nd quarter worth $11,839,824,000. Vanguard Group Inc. lifted its holdings in shares of Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Amundi boosted its position in shares of Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after buying an additional 3,422,270 shares during the period. Jennison Associates LLC grew its holdings in shares of Tesla by 38.3% during the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $4,851,747,000 after buying an additional 3,021,550 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock valued at $20,480,477,000 after buying an additional 1,269,304 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Barclays reaffirmed a “neutral” rating on shares of Tesla in a research note on Wednesday. Piper Sandler reaffirmed an “overweight” rating on shares of Tesla in a research report on Thursday, January 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, January 27th. Canaccord Genuity Group set a $520.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Finally, Bank of America lifted their target price on Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Eighteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $408.09.

Tesla Trading Up 0.2%

Tesla stock opened at $411.46 on Thursday. The stock has a 50-day simple moving average of $442.29 and a 200 day simple moving average of $416.85. The stock has a market capitalization of $1.54 trillion, a P/E ratio of 380.99, a PEG ratio of 14.45 and a beta of 1.86. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. During the same period last year, the firm posted $0.73 earnings per share. The business’s revenue was down 3.1% on a year-over-year basis. Analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.

Insiders Place Their Bets

In other Tesla news, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction on 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 transaction, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the transaction, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 119,457 shares of company stock valued at $53,501,145 over the last ninety days. 19.90% of the stock is currently owned by company insiders.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla won an FCC waiver to use UWB-based wireless charging for its Cybercab, clearing a regulatory hurdle for a differentiated charging feature that supports the robotaxi/Cybercab rollout and could strengthen the Cybercab ecosystem. Elon Musk’s Tesla Wins FCC Waiver To Enable Wireless Charging For Cybercab
• Positive Sentiment: First production Cybercab vehicles are rolling off the Texas line and Musk has confirmed a consumer Cybercab price target (sub-$30k by 2027), reinforcing the company’s roadmap from robotaxi proof-of-concept toward a mass-market product and a new revenue stream. Tesla says the first Cybercab just rolled off the production line at Gigafactory Texas
• Positive Sentiment: California DMV will not suspend Tesla’s sales after the company removed “Autopilot” from marketing — this removes an acute regulatory risk that could have temporarily halted sales in a major U.S. state. Tesla avoids suspension by California regulator after corrective marketing
• Neutral Sentiment: Tesla is expanding its Grok AI chatbot rollout across the UK and Europe (software/service potential), but the product faces regulatory scrutiny in Europe — an execution/reputation story that could boost monetization if cleared but also draw regulatory costs. Tesla adding Grok AI chatbot to its cars in the UK, Europe amid regulatory probes
• Neutral Sentiment: Analyst positioning and fund moves are mixed: Barclays reaffirmed a neutral rating while some hedge funds boosted stakes (and others trimmed), leaving near-term sentiment fragmented. Analysts remain split on valuation vs. the robotics/AI pivot. Barclays gives a neutral rating
• Negative Sentiment: Safety and robotaxi incidents: reports of multiple crashes in Tesla’s Austin robotaxi program and public criticism (including calls for hardware changes) are raising doubts about the vision-only FSD approach and could slow regulatory approvals and fleet expansion. Tesla Reveals First Production Cybercab — Elon Musk Confirms $30,000 Price
• Negative Sentiment: Sales and delivery weakness: continuing month-over-month delivery declines, warnings from market commentators and technical/price-target downside scenarios have kept pressure on valuation (high P/E, lofty expectations for AI/robotics must justify the premium). Tesla’s Sales Say Sell, But The Chart Says Buy

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.