Pier 88 Investment Partners LLC Acquires Shares of 9,000 Tesla, Inc. $TSLA

Pier 88 Investment Partners LLC acquired a new position in Tesla, Inc. (NASDAQ:TSLA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,000 shares of the electric vehicle producer’s stock, valued at approximately $4,002,000.

Other hedge funds have also recently made changes to their positions in the company. Manning & Napier Advisors LLC bought a new stake in Tesla during the third quarter worth approximately $29,000. Westend Capital Management LLC purchased a new position in shares of Tesla in the 3rd quarter worth approximately $32,000. Chapman Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter valued at approximately $26,000. LGT Financial Advisors LLC purchased a new stake in Tesla during the 2nd quarter valued at $29,000. Finally, CoreFirst Bank & Trust bought a new stake in Tesla in the second quarter worth $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TSLA has been the topic of a number of analyst reports. Industrial Alliance Securities set a $300.00 price objective on shares of Tesla in a research report on Monday, October 13th. Melius Research set a $520.00 price target on shares of Tesla and gave the company a “buy” rating in a report on Monday, October 13th. CICC Research increased their price objective on shares of Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Piper Sandler restated an “overweight” rating and set a $500.00 target price on shares of Tesla in a research report on Thursday, January 8th. Finally, The Goldman Sachs Group upped their target price on Tesla from $400.00 to $420.00 in a research note on Friday, January 2nd. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and eight have issued a Sell rating to the stock. Based on data from MarketBeat, Tesla has an average rating of “Hold” and a consensus target price of $410.77.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bullish analyst and product catalysts — Wedbush reiterated an Outperform and a $600 target, highlighting improving delivery trends and Tesla’s “AI transformation”; Dan Ives says FSD adoption could surge above 50%, and multiple CEO updates point to progress on robotaxis and Optimus that could re‑rate the stock if confirmed. Wedbush Outperform Dan Ives on FSD Musk updates
• Positive Sentiment: Third‑party ecosystem tailwinds — Lemonade’s autonomous‑car insurance product and other partners may lower operating friction and boost the commercial case for FSD/robotaxi usage and monetization. Lemonade insurance
• Neutral Sentiment: Event risk and positioning — Mega‑cap earnings (including Tesla) and a Fed decision are tightening volatility expectations; traders expect a meaningful post‑earnings move, so short‑term swings may be driven more by guidance than by current revenues. Mega‑cap earnings piece
• Neutral Sentiment: Potential product catalyst timing — Markets are watching for an FSD Gen 3 reveal (rumored for February); confirmation would be a material upside catalyst but timing and rollout details remain uncertain. FSD Gen 3 rumor
• Negative Sentiment: Sales and market‑share pressure in Europe — Data show gasoline registrations fell while BEVs rose and BYD sharply increased European registrations; Tesla’s European volumes declined significantly in 2025, spotlighting competitive erosion. BYD surge / Europe sales
• Negative Sentiment: Brand‑value decline and investor caution — Brand Finance and other reports show a multi‑year drop in Tesla’s brand value; several analysts are cautious or on Hold ahead of Q4, citing delivery softness and margin pressure. Brand value drop Analyst caution
• Negative Sentiment: Earnings/operational risk — Street models expect lower Q4 EPS and revenue vs. year‑ago; media and analysts warn the quarter could look “ugly,” amplifying downside if guidance disappoints. Earnings preview
• Negative Sentiment: Execution and regulatory scrutiny around robotaxis — Austin rollout and unsupervised robotaxi availability have drawn scrutiny and practical limits, undercutting the near‑term revenue case for transport‑as‑a‑service. Robotaxi delays & scrutiny

Tesla Stock Down 1.0%

Shares of NASDAQ TSLA opened at $430.90 on Wednesday. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $498.83. The firm has a market capitalization of $1.43 trillion, a price-to-earnings ratio of 287.27, a PEG ratio of 7.40 and a beta of 1.83. The stock has a 50 day moving average price of $445.92 and a 200 day moving average price of $406.46. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07.

Insiders Place Their Bets

In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director directly owned 577,031 shares in the company, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is currently owned by company insiders.

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.