Tesla, Inc. $TSLA is QRG Capital Management Inc.’s 10th Largest Position

QRG Capital Management Inc. boosted its position in Tesla, Inc. (NASDAQ:TSLA) by 8.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 487,632 shares of the electric vehicle producer’s stock after buying an additional 36,916 shares during the period. Tesla makes up approximately 1.7% of QRG Capital Management Inc.’s investment portfolio, making the stock its 10th largest holding. QRG Capital Management Inc.’s holdings in Tesla were worth $205,098,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after acquiring an additional 6,538,720 shares during the last quarter. State Street Corp raised its holdings in shares of Tesla by 0.9% during the fourth quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock worth $51,647,164,000 after purchasing an additional 1,080,085 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Tesla by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after purchasing an additional 375,946 shares during the last quarter. Norges Bank acquired a new position in Tesla during the fourth quarter valued at $17,128,100,000. Finally, Amundi boosted its holdings in Tesla by 14.0% in the first quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock valued at $8,243,513,000 after purchasing an additional 2,727,141 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Stock Up 0.7%

Shares of Tesla stock opened at $342.27 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.94 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 company has a market capitalization of $1.35 trillion, a P/E ratio of 316.92, a P/E/G ratio of 17.16 and a beta of 1.83. The company has a 50 day moving average of $370.77 and a 200 day moving average of $390.17.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The firm had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.33 earnings per share. As a group, research analysts forecast that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reportedly plans to unveil its redesigned next-generation Roadster as early as August, potentially including a brief “flying” demonstration. The long-delayed launch is reviving enthusiasm around Tesla’s product pipeline and helped drive the latest move higher. Tesla to unveil redesigned Roadster
• Positive Sentiment: Tesla’s nearly three-year Swedish labor dispute is ending after the company bought out striking mechanics, removing a persistent operational and reputational overhang, although there was no union agreement. Tesla ends Swedish strike
• Positive Sentiment: TD Cowen reiterated its Buy rating and maintained a $460 price target. Analysts and commentators also point to Tesla’s premium positioning in China, record Shanghai exports and potential growth in robotaxis, Optimus and energy storage. TD Cowen reiterates Buy rating
• Positive Sentiment: Tesla is considering a $10.1 billion Texas solar manufacturing facility and broader domestic solar capacity, potentially strengthening its energy-business strategy and exposure to rising electricity demand. Tesla reveals Texas solar plans
• Neutral Sentiment: Average U.S. EV transaction prices rose 1.6% year over year to $56,126 in July as automakers reduced discounts. Higher pricing could support Tesla’s revenue, but weaker incentives may also pressure industry demand. EV prices are rising again
• Negative Sentiment: Critics continue to argue that Tesla’s valuation—roughly 317 times earnings—assumes strong execution despite margin compression, delayed products and competition from China and Waymo. Recent commentary also highlights the risk that energy investments may require substantial capital before producing returns.
• Negative Sentiment: Reports highlighting Elon Musk’s estimated $158.3 billion compensation package, equivalent to about 2.5 million times median employee pay, could intensify shareholder concerns about governance and pay practices. Tesla owners also face a deadline to claim payments from a California idle-fees settlement, creating a limited legal and reputational overhang. Elon Musk compensation report

Wall Street Analyst Weigh In

Several brokerages have weighed in on TSLA. Piper Sandler cut their price target on Tesla from $500.00 to $450.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Wedbush reissued an “outperform” rating and issued a $600.00 price objective on shares of Tesla in a report on Tuesday, April 21st. Guggenheim started coverage on Tesla in a report on Monday, June 29th. They set a “neutral” rating on the stock. Glj Research reaffirmed a “sell” rating on shares of Tesla in a report on Tuesday, July 21st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Tesla has an average rating of “Hold” and an average price target of $401.74.

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.