Tesla, Inc. $TSLA Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc lowered its position in Tesla, Inc. (NASDAQ:TSLA) by 12.8% in the second quarter, HoldingsChannel reports. The firm owned 52,780 shares of the electric vehicle producer’s stock after selling 7,724 shares during the period. Prospera Financial Services Inc’s holdings in Tesla were worth $22,200,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSLA. Chapman Financial Group LLC acquired a new position in Tesla in the 2nd quarter valued at about $26,000. Davidson Capital Management Inc. increased its holdings in shares of Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after buying an additional 27 shares during the last quarter. Friedenthal Financial raised its position in shares of Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after buying an additional 30 shares during the period. Turning Point Benefit Group Inc. acquired a new position in Tesla in the third quarter valued at approximately $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in Tesla in the third quarter valued at approximately $31,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by corporate insiders.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reportedly plans to unveil its redesigned next-generation Roadster as early as August, potentially including a brief “flying” demonstration. The long-delayed launch is reviving enthusiasm around Tesla’s product pipeline and helped drive the latest move higher. Tesla to unveil redesigned Roadster
• Positive Sentiment: Tesla’s nearly three-year Swedish labor dispute is ending after the company bought out striking mechanics, removing a persistent operational and reputational overhang, although there was no union agreement. Tesla ends Swedish strike
• Positive Sentiment: TD Cowen reiterated its Buy rating and maintained a $460 price target. Analysts and commentators also point to Tesla’s premium positioning in China, record Shanghai exports and potential growth in robotaxis, Optimus and energy storage. TD Cowen reiterates Buy rating
• Positive Sentiment: Tesla is considering a $10.1 billion Texas solar manufacturing facility and broader domestic solar capacity, potentially strengthening its energy-business strategy and exposure to rising electricity demand. Tesla reveals Texas solar plans
• Neutral Sentiment: Average U.S. EV transaction prices rose 1.6% year over year to $56,126 in July as automakers reduced discounts. Higher pricing could support Tesla’s revenue, but weaker incentives may also pressure industry demand. EV prices are rising again
• Negative Sentiment: Critics continue to argue that Tesla’s valuation—roughly 317 times earnings—assumes strong execution despite margin compression, delayed products and competition from China and Waymo. Recent commentary also highlights the risk that energy investments may require substantial capital before producing returns.
• Negative Sentiment: Reports highlighting Elon Musk’s estimated $158.3 billion compensation package, equivalent to about 2.5 million times median employee pay, could intensify shareholder concerns about governance and pay practices. Tesla owners also face a deadline to claim payments from a California idle-fees settlement, creating a limited legal and reputational overhang. Elon Musk compensation report

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TSLA. The Goldman Sachs Group assumed coverage on Tesla in a research note on Friday, June 5th. They set a “buy” rating for the company. Citigroup began coverage on Tesla in a report on Thursday, July 9th. They set a “market perform” rating for the company. Wells Fargo & Company reissued an “underweight” rating and set a $130.00 price objective (up from $125.00) on shares of Tesla in a research report on Tuesday, July 14th. Barclays boosted their price objective on shares of Tesla from $360.00 to $370.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Finally, President Capital increased their target price on shares of Tesla from $424.00 to $428.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $401.74.

Tesla Trading Up 0.7%

Shares of NASDAQ TSLA opened at $342.27 on Friday. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The stock has a fifty day simple moving average of $370.77 and a 200-day simple moving average of $390.17. The stock has a market capitalization of $1.35 trillion, a PE ratio of 316.92, a PEG ratio of 17.28 and a beta of 1.83.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. During the same quarter in the prior year, the firm posted $0.33 EPS. Tesla’s quarterly revenue was up 25.5% compared to the same quarter last year. On average, equities analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current year.

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.