Legacy Wealth Asset Management LLC Lowers Holdings in Tesla, Inc. $TSLA

Legacy Wealth Asset Management LLC lowered its position in Tesla, Inc. (NASDAQ:TSLA) by 60.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,206 shares of the electric vehicle producer’s stock after selling 1,864 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Tesla were worth $542,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of TSLA. Chapman Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter worth $26,000. Manning & Napier Advisors LLC bought a new stake in shares of Tesla in the third quarter valued at about $29,000. CoreFirst Bank & Trust purchased a new stake in Tesla in the second quarter worth about $30,000. Turning Point Benefit Group Inc. purchased a new stake in Tesla in the third quarter worth about $30,000. Finally, Texas Capital Bancshares Inc TX bought a new position in Tesla during the 3rd quarter worth about $31,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla Trading Up 0.6%

Shares of TSLA stock opened at $383.03 on Wednesday. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83. The company has a market cap of $1.44 trillion, a price-to-earnings ratio of 354.66, a PEG ratio of 11.26 and a beta of 1.89. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The stock has a 50 day simple moving average of $412.11 and a 200-day simple moving average of $428.36.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for 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%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 EPS. On average, equities research analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Insider Activity

In other news, Director James R. Murdoch sold 60,000 shares of the business’s 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 sale, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 87,995 shares of company stock worth $38,315,650 over the last 90 days. 19.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on TSLA shares. Piper Sandler restated an “overweight” rating on shares of Tesla in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Tesla from $500.00 to $480.00 and set a “buy” rating on the stock in a report on Friday, January 30th. DZ Bank reissued a “sell” rating on shares of Tesla in a research note on Thursday, January 29th. Canaccord Genuity Group set a $520.00 target price on Tesla in a research report on Thursday, January 29th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $405.00 price target on shares of Tesla in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $406.84.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: February European registrations reversed a year‑long slide, giving evidence that Tesla’s sales momentum in the region may be stabilizing — a tangible recovery that investors view as supportive for delivery growth and near‑term revenue. Article Title
• Positive Sentiment: Musk’s Terafab announcement (joint Tesla/SpaceX chip fabs in Texas) is being interpreted as a strategic move to secure advanced AI/autonomy chips and reduce supply risk — a long‑term positive for Tesla’s ambitions in autonomy, Optimus and in‑vehicle AI capacity. Article Title
• Positive Sentiment: Product progress: reports of Full‑Self Driving v14.3 and ongoing software updates keep the robotaxi/autonomy story alive — a key growth narrative that underpins much of TSLA’s valuation premium. Article Title
• Neutral Sentiment: Short‑interest data published today appears erroneous (reports show 0 shares / NaN increase), so there’s no clear signal of a fresh short squeeze or meaningful change in borrow pressure. (market data entry)
• Negative Sentiment: Regulatory risk: the NHTSA has escalated probes into Tesla’s FSD capability in challenging visibility conditions — additional engineering analysis raises recall/liability risk and lengthens the timeline for commercial autonomy. Article Title
• Negative Sentiment: Competitive pressure: Amazon’s Zoox expansion into San Francisco and Las Vegas and a rapid BYD sales surge in Europe highlight intensifying competition in robotaxi and European EV markets, which could constrain Tesla’s share gains and margin recovery. Article Title Article Title
• Negative Sentiment: Valuation/capex concern: analysts and some investors worry Terafab’s huge cost will pressure margins and force higher capex, testing the market’s patience for growth spending at Tesla’s premium valuation. Article Title
• Negative Sentiment: Investor caution/structural concerns: high‑profile warnings (e.g., Gary Black on a potential Tesla‑SpaceX tie-up diluting TSLA value) and mixed analyst calls keep some investors cautious despite positive headlines. Article Title

Tesla 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.