1,814 Tesla, Inc. $TSLA Shares Acquired by Peterson Wealth Services

Peterson Wealth Services boosted its holdings in Tesla, Inc. (NASDAQ:TSLA) by 4.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,154 shares of the electric vehicle producer’s stock after buying an additional 1,814 shares during the period. Tesla makes up about 3.4% of Peterson Wealth Services’ investment portfolio, making the stock its 6th biggest position. Peterson Wealth Services’ holdings in Tesla were worth $16,021,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of Tesla during the second quarter worth $25,000. Harborfront Financial Group LLC bought a new stake in Tesla in the second quarter valued at about $34,000. Montgomery Financial Services LLC acquired a new position in Tesla in the second quarter valued at about $40,000. Lam Group Inc. acquired a new position in Tesla in the first quarter valued at about $37,000. Finally, Timbuktu Capital Management LLC acquired a new position in Tesla in the second quarter valued at about $42,000. 66.20% of the stock is owned by institutional investors.

Tesla Stock Performance

Shares of Tesla stock opened at $391.62 on Tuesday. The company has a market capitalization of $1.55 trillion, a PE ratio of 430.36, a PEG ratio of 23.62 and a beta of 1.92. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. The stock’s fifty day simple moving average is $363.77 and its 200 day simple moving average is $386.75.

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

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Barclays upgrade and SpaceX speculation: Barclays upgraded Tesla to Overweight from Equal Weight and raised its price target from $370 to $450. The analyst cited potential value from a Tesla-SpaceX transaction, as well as improving prospects for Tesla’s automotive, energy-storage and autonomous-driving businesses. Tesla and SpaceX have reportedly formed independent committees to evaluate a possible combination, but no deal has been agreed. Buy Tesla Stock, Says Analyst. Why It Can Surge 20%.
• Positive Sentiment: Autonomy momentum: Tesla’s Full Self-Driving (FSD) system received approval in Latvia, reportedly bringing the number of approving EU countries to 10. Separately, a partnership with Turo will promote FSD-equipped Tesla vehicles available through its rental marketplace, potentially increasing consumer adoption and subscription revenue. Cybercab activity also reportedly reached a record during Austin’s Formula One weekend. Tesla turns to Turo to boost adoption of Full Self-Driving
• Positive Sentiment: AI and robotics investment case: Analysts argued that Tesla’s reduced 2026 capital-spending forecast reflects timing rather than a retreat from AI. The company still has more than $45 billion in cash and investments to fund Full Self-Driving, Cybercab and Optimus development. Management also expects spending to rise in future years.
• Neutral Sentiment: Short-interest data appears inconsistent: One report described a large increase in October short interest but simultaneously listed total short interest at zero shares and a zero-day days-to-cover ratio. The figures should therefore be treated cautiously rather than as a reliable signal of short-covering demand.
• Negative Sentiment: Execution and valuation concerns: Tesla’s third-quarter revenue was essentially flat year over year, while operating income reportedly fell 56%. Critics also highlighted a P/E ratio above 400 and questioned whether the stock price already discounts successful autonomy, robotics and SpaceX-related outcomes.
• Negative Sentiment: Cybertruck weakness: Reports that Tesla canceled or delayed Cybertruck availability in two countries underscore concerns about the vehicle’s weaker-than-expected demand and limited international expansion. Tesla Cancels Cybertruck in Two Countries

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Monday, October 19th. Citigroup reaffirmed a “neutral” rating on shares of Tesla in a research note on Wednesday, October 21st. William Blair reiterated a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. HSBC reissued a “reduce” rating and set a $157.00 price objective on shares of Tesla in a research note on Monday, October 5th. Finally, Monness Crespi & Hardt assumed coverage on shares of Tesla in a report on Monday. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $411.04.

About Tesla

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.