Spartan Wealth Advisory Services LLC Takes $8.87 Million Position in Tesla, Inc. $TSLA

Spartan Wealth Advisory Services LLC bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 23,868 shares of the electric vehicle producer’s stock, valued at approximately $8,873,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Networth Advisors LLC bought a new stake in Tesla during the 4th quarter worth approximately $26,000. Davidson Capital Management Inc. boosted its holdings in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after purchasing an additional 27 shares during the period. Turning Point Benefit Group Inc. purchased a new position in shares of Tesla during the 3rd quarter valued at $30,000. Prism Advisors Inc. purchased a new position in shares of Tesla during the 4th quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX bought a new position in shares of Tesla in the third quarter worth $31,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $460 price target, citing rapid robotaxi expansion, better-than-expected deliveries, and upcoming Optimus milestones.
• Positive Sentiment: Analysts and investors continue to focus on Tesla’s robotaxi, Cybercab, and Optimus programs, which remain major long-term growth catalysts.
• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Tesla, signaling at least some improving expectations heading into the report.
• Neutral Sentiment: Wall Street expects a sizable earnings-driven stock move, with options pricing implying elevated volatility around the report.
• Neutral Sentiment: Recent coverage highlights that Tesla’s quarterly delivery strength has not yet translated into a sustained stock rebound, suggesting investors want more than just beat-and-raise narratives.
• Negative Sentiment: Broader AI and high-growth tech weakness is weighing on Tesla, as investors worry about stretched valuations and cooling enthusiasm for expensive megacap names.
• Negative Sentiment: Several reports point to skepticism around Tesla’s valuation, with commentary noting the stock could be vulnerable if earnings, margins, or guidance disappoint.
• Negative Sentiment: Competitive and regulatory headwinds remain in focus, including tougher EV competition in Europe, a denied NHTSA petition over a headlight recall issue, and ongoing scrutiny of Tesla’s autonomy claims.

Tesla Trading Down 2.6%

NASDAQ TSLA opened at $380.79 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The stock’s 50-day simple moving average is $409.41 and its two-hundred day simple moving average is $406.00. Tesla, Inc. has a twelve month low of $297.82 and a twelve month high of $498.83. The company has a market capitalization of $1.43 trillion, a price-to-earnings ratio of 349.35, a PEG ratio of 13.68 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 EPS. Research analysts forecast that Tesla, Inc. will post 1.34 EPS for the current fiscal year.

Insider Activity at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 32,015 shares of company stock valued at $12,383,640. 19.90% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on TSLA. Jefferies Financial Group set a $400.00 price objective on Tesla and gave the company a “hold” rating in a research note on Monday, July 13th. Glj Research reaffirmed a “sell” rating on shares of Tesla in a report on Friday, June 12th. Guggenheim assumed coverage on Tesla in a research report on Monday, June 29th. They set a “neutral” rating for the company. UBS Group upped their price objective on shares of Tesla from $364.00 to $442.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, The Goldman Sachs Group started coverage on shares of Tesla in a research note on Friday, June 5th. They issued a “buy” rating on the stock. Twenty-one analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and an average target price of $408.07.

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.