Tesla, Inc. $TSLA Shares Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC lifted its stake in Tesla, Inc. (NASDAQ:TSLA) by 9.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 56,101 shares of the electric vehicle producer’s stock after purchasing an additional 5,045 shares during the quarter. Simplicity Wealth LLC’s holdings in Tesla were worth $19,905,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. State Street Corp lifted its position in Tesla by 2.4% in the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock worth $49,402,312,000 after buying an additional 2,761,298 shares during the last quarter. Legal & General Group Plc bought a new position in Tesla during the second quarter valued at $8,535,612,000. Amundi increased its position in Tesla by 14.0% during the first quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock valued at $8,243,513,000 after acquiring an additional 2,727,141 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Tesla during the second quarter valued at $6,083,630,000. Finally, Bamco Inc. NY raised its stake in shares of Tesla by 5.0% in the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after acquiring an additional 591,243 shares during the period. Institutional investors own 66.20% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on TSLA shares. Deutsche Bank Aktiengesellschaft set a $420.00 target price on shares of Tesla in a report on Monday, July 27th. UBS Group reiterated a “neutral” rating and set a $425.00 price target (up from $391.00) on shares of Tesla in a report on Thursday. CLSA upgraded shares of Tesla from an “underperform” rating to a “hold” rating and upped their price target for the company from $310.00 to $400.00 in a report on Thursday. Wells Fargo & Company reissued a “buy” rating on shares of Tesla in a research report on Thursday, October 1st. Finally, Tigress Financial started coverage on shares of Tesla in a research note on Thursday. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, twenty have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $408.61.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
• Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
• Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
• Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
• Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
• Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
• Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
• Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.

Insider Buying and Selling

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the sale, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by corporate insiders.

Tesla Stock Down 0.6%

NASDAQ:TSLA opened at $372.22 on Friday. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The company has a market cap of $1.47 trillion, a price-to-earnings ratio of 409.04, a price-to-earnings-growth ratio of 23.63 and a beta of 1.92. The stock has a fifty day simple moving average of $364.01 and a 200-day simple moving average of $377.22. The company has a current ratio of 1.74, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The firm had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The business’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.50 earnings per share. Analysts anticipate that Tesla, Inc. will post 0.71 EPS for the current year.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.