Westwood Wealth Management increased its holdings in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 78.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,703 shares of the electric vehicle producer’s stock after purchasing an additional 6,460 shares during the quarter. Tesla accounts for about 2.4% of Westwood Wealth Management’s holdings, making the stock its 11th largest holding. Westwood Wealth Management’s holdings in Tesla were worth $6,539,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position 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 during the period. Geode Capital Management LLC boosted its holdings 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 worth $20,480,477,000 after buying an additional 1,269,304 shares during the last quarter. Norges Bank purchased a new stake in Tesla during the 2nd quarter worth approximately $11,839,824,000. Legal & General Group Plc raised its holdings in shares of Tesla by 5.9% during the second quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock valued at $6,424,705,000 after acquiring an additional 1,134,678 shares during the last quarter. Finally, Amundi lifted its position in shares of Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after acquiring an additional 3,422,270 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.
Tesla Stock Down 0.4%
Tesla stock opened at $447.20 on Wednesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. The firm has a 50 day moving average price of $443.95 and a 200 day moving average price of $397.34. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. The company has a market capitalization of $1.49 trillion, a PE ratio of 298.13, a price-to-earnings-growth ratio of 7.46 and a beta of 1.83.
Wall Street Analysts Forecast Growth
TSLA has been the subject of several recent research reports. Melius Research set a $520.00 price objective on Tesla and gave the company a “buy” rating in a research note on Monday, October 13th. Robert W. Baird raised shares of Tesla from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $320.00 to $548.00 in a research note on Friday, September 19th. Wells Fargo & Company restated an “underweight” rating and set a $130.00 target price (up from $120.00) on shares of Tesla in a report on Monday. Baird R W upgraded Tesla from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 19th. Finally, Wall Street Zen upgraded Tesla from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat.com, Tesla presently has an average rating of “Hold” and a consensus target price of $408.54.
Read Our Latest Stock Report on Tesla
Insiders Place Their Bets
In related news, Director Kimbal Musk sold 56,820 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. The trade was a 3.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 119,457 shares of company stock worth $53,501,145 in the last ninety days. 19.90% of the stock is owned by corporate insiders.
Tesla News Summary
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Wedbush analyst Dan Ives says Tesla could capture about 80% of the robotaxi market in 2026, reinforcing a bullish narrative for Tesla’s long-term autonomous-mobility potential. Dan Ives Predicts Tesla Will Own ’80’ Of Robotaxi Market — Says TSLA In His Top 5 List For 2026
- Positive Sentiment: Tesla expanded its “Supercharger for Business” program, a move that can deepen charging network adoption and support fleet/customer partnerships — a steady, strategic revenue/earnings tailwind if uptake grows. Tesla Expands Its ‘Supercharger for Business’ Program
- Positive Sentiment: Tesla launched a 7?seater Model Y in the U.S. and targeted a lower?price long?range Model Y in Europe — product tweaks intended to defend volume and market share. Tesla Releases 7-Seater Model Y In US As Improved China Sales Provide Boost To Elon Musk’s TSLA Amid Delivery Shortfall
- Neutral Sentiment: Elon Musk said Tesla will stop selling Full Self?Driving as a one?time purchase after Feb. 14 and offer it only via monthly subscription — a shift that could hurt near?term upfront revenue but increase recurring revenue if take?rates improve. Elon Musk says Tesla’s Full Self-Driving will become subscription-only
- Neutral Sentiment: Tesla agreed to mediation in the U.S. EEOC racism lawsuit — this may reduce legal uncertainty but outcomes (and any settlement size) remain unknown. Tesla agrees mediation that could resolve US agency’s racism lawsuit
- Negative Sentiment: Analysts and reporters warn Nvidia’s advances in AI hardware/stack pose a competitive threat to Tesla’s “physical AI” and robotaxi timeline, increasing execution risk for Tesla’s autonomy play. Nvidia Just Delivered Very Bad News for Tesla Stock Investors
- Negative Sentiment: Multiple reports highlight falling production/deliveries and sliding China sales in 2025, pressuring margins and growth expectations — a near?term fundamental headwind for revenues. Tesla: One Of Many Headaches For Elon Musk In 2026 As Deliveries Fall
- Negative Sentiment: Cybertruck sales fell well short of targets and analysts are again questioning Tesla’s lofty valuation — an overhang given the stock’s premium multiple and little room for earnings misses. Tesla’s Cybertruck is falling far short of Elon Musk’s ambitious sales targets
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.
Further Reading
- Five stocks we like better than Tesla
- This $15 Stock Could Go Down as the #1 Stock of 2026
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Punch these codes into your ordinary brokerage account
- The Crash Has Already Started (Most Just Don’t See It Yet)
- Bitcoin grabs headlines, but smart money likes this token
Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
