Westbourne Investments Inc. Makes New Investment in Tesla, Inc. $TSLA

Westbourne Investments Inc. acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,700 shares of the electric vehicle producer’s stock, valued at approximately $776,000.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Tesla during the 2nd quarter worth about $11,839,824,000. Vanguard Group Inc. raised its position in Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Amundi lifted its stake in Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after purchasing an additional 3,422,270 shares during the period. Jennison Associates LLC boosted its holdings in Tesla by 38.3% during the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock valued at $4,851,747,000 after purchasing an additional 3,021,550 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of 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 valued at $20,480,477,000 after purchasing an additional 1,269,304 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on TSLA. DZ Bank reiterated a “sell” rating on shares of Tesla in a research note on Thursday, January 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $510.00 price target on shares of Tesla in a report on Thursday, January 29th. China Renaissance upped their price objective on shares of Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Phillip Securities cut their target price on shares of Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a research note on Monday, February 2nd. Finally, Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $403.92.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported Q4 profits despite a 61% decline year-over-year and beat expectations on revenue and EPS, with automotive revenue and margins holding up better than feared — supports valuation and investor confidence. I Predicted Tesla Would Be Unprofitable. I Was Dead Wrong.
• Positive Sentiment: Tencent Cloud partnership to integrate WeChat-linked in-car features and smart destination services in China could boost in-market UX and recurring software monetization opportunities in Tesla’s largest EV market. Tencent, Tesla team up on WeChat-linked in-car features in China
• Positive Sentiment: Pricing for the Semi reportedly set at ~$260k (Standard) and ~$300k (Long-Range), undercutting rivals — a competitive, revenue-accretive commercial product launch that could accelerate fleet orders and margin mix. Tesla To Charge $300,000 For Long-Range Semi…
• Positive Sentiment: Tesla could be eligible for up to ~$165M in California clean-truck incentives for the Semi — a meaningful offset to capex and a sales catalyst for fleet customers. Tesla Could Land $165 Million in California Incentives for Its Electric Semi
• Positive Sentiment: Executives announced active hiring toward Elon Musk’s 100 GW U.S. solar manufacturing target and laid out a timeline — concreteness on solar/energy expansion supports long-term upside beyond cars. Tesla (TSLA) Stock Gains 4% on Solar Manufacturing Expansion
• Neutral Sentiment: Institutional flows are mixed: Fisher Asset Management modestly increased its stake while Morningstar trimmed ~23k shares — signals of portfolio rebalancing rather than a clear directional vote. Fisher Asset Management Boosts Tesla Stake… Morningstar Investment Management Cuts Tesla Stake…
• Negative Sentiment: Senior departures continue: VP Raj Jegannathan (IT/AI-infra/sales leader) left after 13 years — recurring leadership churn raises execution risk for software/AI and sales initiatives. Tesla exec Raj Jegannathan leaves automaker after 13 years
• Negative Sentiment: Broader exec turnover at Tesla/xAI and a filing against a union member for secretly recording a works council meeting in Germany add labor, regulatory and cultural risk that could weigh on near-term operational continuity. More Tesla, xAI Execs Resign—Why Leaders Keep Ditching Elon Musk Tesla files complaint against union member…

Tesla Trading Up 1.9%

TSLA stock opened at $425.21 on Wednesday. The business has a fifty day moving average of $446.11 and a 200-day moving average of $413.26. The company has a market cap of $1.60 trillion, a P/E ratio of 393.71, a PEG ratio of 13.98 and a beta of 1.86. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. During the same period in the previous year, the business posted $0.73 EPS. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. As a group, equities research analysts expect that Tesla, Inc. will post 2.56 EPS for the current year.

Insider Activity

In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was 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 trade represents a 16.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 119,457 shares of company stock valued at $53,501,145 in the last 90 days. 19.90% of the stock is 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.