Tesla, Inc. $TSLA Holdings Raised by Cullinan Associates Inc.

Cullinan Associates Inc. increased its stake in Tesla, Inc. (NASDAQ:TSLA) by 40.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,321 shares of the electric vehicle producer’s stock after buying an additional 1,521 shares during the quarter. Cullinan Associates Inc.’s holdings in Tesla were worth $1,888,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of Tesla in the 2nd quarter worth approximately $25,000. Harborfront Financial Group LLC bought a new position in shares of Tesla in the second quarter valued at approximately $34,000. Montgomery Financial Services LLC bought a new position in shares of Tesla in the second quarter valued at approximately $40,000. Timbuktu Capital Management LLC acquired a new position in shares of Tesla during the second quarter valued at approximately $42,000. Finally, Navigoe LLC acquired a new position in shares of Tesla during the second quarter valued at approximately $45,000. Institutional investors own 66.20% of the company’s stock.

Wall Street Analysts Forecast Growth

TSLA has been the subject of a number of research analyst reports. Royal Bank Of Canada downgraded Tesla from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 22nd. TD Cowen began coverage on Tesla in a research note on Monday, October 26th. They set a “hold” rating for the company. UBS Group upgraded Tesla from a “neutral” rating to a “buy” rating in a research report on Monday, October 26th. Jefferies Financial Group raised Tesla from a “hold” rating to a “buy” rating in a research note on Monday, October 26th. Finally, JPMorgan Chase & Co. upped their price objective on Tesla from $415.00 to $430.00 and gave the company a “neutral” rating in a report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $414.51.

Tesla Stock Performance

Shares of TSLA opened at $358.22 on Friday. The firm’s 50 day moving average is $372.14 and its 200-day moving average is $384.35. The stock has a market capitalization of $1.42 trillion, a P/E ratio of 393.65, a P/E/G ratio of 22.19 and a beta of 1.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The business had revenue of $28.05 billion for the quarter, compared to the consensus estimate of $28.06 billion. During the same period in the previous year, the firm earned $0.50 EPS. The business’s revenue for the quarter was down .2% on a year-over-year basis. Equities research analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value 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. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing 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. Company insiders own 20.00% of the company’s stock.

About Tesla

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.