Van Hulzen Asset Management LLC bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,256 shares of the electric vehicle producer’s stock, valued at approximately $13,146,000. Tesla makes up approximately 0.9% of Van Hulzen Asset Management LLC’s investment portfolio, making the stock its 28th biggest position.
Other large investors also recently made changes to their positions in the company. Chapman Financial Group LLC purchased a new stake in Tesla during the 2nd quarter worth $26,000. Friedenthal Financial boosted its position in shares of Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after buying an additional 30 shares during the period. Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla in the third quarter valued at about $30,000. Texas Capital Bancshares Inc TX acquired a new position in Tesla during the 3rd quarter worth approximately $31,000. Finally, Harborfront Financial Group LLC purchased a new position in Tesla in the 2nd quarter worth approximately $34,000. Institutional investors and hedge funds own 66.20% of the company’s stock.
Tesla News Summary
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
Analyst Ratings Changes
Get Our Latest Analysis on TSLA
Tesla Price Performance
Shares of TSLA opened at $354.08 on Monday. The firm has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 327.85, a price-to-earnings-growth ratio of 17.88 and a beta of 1.84. The stock’s fifty day moving average is $358.22 and its 200-day moving average is $382.85. Tesla, Inc. has a one year low of $297.38 and a one year 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 – Get Free Report) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. During the same period in the previous year, the business posted $0.33 EPS. The firm’s quarterly revenue was up 25.5% on a year-over-year basis. Equities analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.
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.
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