Westfield Capital Management Co. LP Trims Stock Holdings in Tesla, Inc. $TSLA

Westfield Capital Management Co. LP lessened its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 7.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 404,220 shares of the electric vehicle producer’s stock after selling 34,193 shares during the quarter. Tesla accounts for 0.8% of Westfield Capital Management Co. LP’s portfolio, making the stock its 28th largest position. Westfield Capital Management Co. LP’s holdings in Tesla were worth $179,765,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in Tesla during the 2nd quarter valued at $11,839,824,000. Vanguard Group Inc. raised its stake in shares of Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Amundi lifted its position in shares of 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 last quarter. Jennison Associates LLC grew its stake in Tesla by 38.3% in the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $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 Tesla by 2.0% in the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after purchasing an additional 1,269,304 shares in the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Grok AI assistant expands to Australia and New Zealand — incremental revenue/engagement opportunity for Tesla’s software ecosystem. Read More.
• Positive Sentiment: Cybercab spotted testing on Chicago highways and Elon Musk targets April production with a $30K price point — signals hardware progress and potential new low‑cost product line. Read More.
• Neutral Sentiment: Tesla sued California’s DMV to reverse a ruling tied to FSD advertising — investors may view this as defensive (protects sales) but it highlights ongoing regulatory exposure and uncertainty. Read More.
• Neutral Sentiment: Broader tech insider/net‑selling trends (Magnificent Seven) and macro sentiment may pressure high‑growth names like TSLA even if company‑specific news is mixed. Read More.
• Negative Sentiment: Reuters reports Elon Musk is touting California robotaxis while Tesla has not applied for the necessary permits — undermines credibility on autonomy timelines and raises execution risk. Read More.
• Negative Sentiment: Regulatory and safety pressure intensifies after a large Autopilot liability verdict; prominent investors warn FSD modes may be unsafe — continued legal exposure and reputational hit for autonomy. Read More.
• Negative Sentiment: U.S. judge allows a hiring‑discrimination lawsuit to proceed — adds to a growing list of legal/regulatory cases investors must watch. Read More.
• Negative Sentiment: EU registrations fell sharply in January and deliveries/data point to softer demand in some markets — near‑term revenue risk for EV sales. Read More.
• Negative Sentiment: Chinese rival Xpeng expands humanoid robot production (Guangzhou) targeting large‑scale output — intensifying competition in robotics/AI hardware. Read More.
• Negative Sentiment: Valuation stretch — Tesla’s P/E remains elevated near multi‑year highs, leaving little margin for execution misses as the company pivots toward Optimus/robotaxis. Read More.

Tesla Trading Up 1.9%

Shares of NASDAQ:TSLA opened at $417.26 on Thursday. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The company’s 50-day moving average price is $436.53 and its 200 day moving average price is $420.06. The company has a market cap of $1.57 trillion, a PE ratio of 386.35, a P/E/G ratio of 14.47 and a beta of 1.86. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. Tesla’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.73 EPS. Sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have commented on TSLA. Mizuho set a $540.00 target price on Tesla and gave the stock an “outperform” rating in a report on Thursday, January 29th. China Renaissance raised their price objective on Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Barclays reaffirmed a “neutral” rating on shares of Tesla in a report on Wednesday, February 18th. CICC Research increased their target price on shares of Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Finally, Dbs Bank raised shares of Tesla to a “hold” rating in a report on Wednesday, November 5th. Eighteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $408.09.

Insider Activity at Tesla

In related news, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% 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 worth $53,501,145 in the last three months. 19.90% of the stock is owned by company insiders.

About Tesla

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.