Northwestern Mutual Wealth Management Co. Acquires Shares of 331,830 Tesla, Inc. $TSLA

Northwestern Mutual Wealth Management Co. acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA) in the second quarter, HoldingsChannel.com reports. The fund acquired 331,830 shares of the electric vehicle producer’s stock, valued at approximately $139,568,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Crestwood Advisors Group LLC boosted its position in shares of Tesla by 34.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after purchasing an additional 5,039 shares in the last quarter. Wealthquest Corp acquired a new position in Tesla during the fourth quarter worth about $1,035,000. Private Capital Advisors Inc. grew its position in Tesla by 139.3% during the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock worth $9,593,000 after buying an additional 12,417 shares during the period. Knights of Columbus Asset Advisors LLC increased its holdings in Tesla by 34.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock valued at $28,998,000 after buying an additional 16,652 shares in the last quarter. Finally, Canada Post Corp Registered Pension Plan lifted its position in shares of Tesla by 26.6% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 70,955 shares of the electric vehicle producer’s stock valued at $31,910,000 after acquiring an additional 14,900 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Analyst Upgrades and Downgrades

TSLA has been the topic of a number of research reports. BMO Capital Markets began coverage on Tesla in a report on Monday, August 17th. They issued an “outperform” rating on the stock. Citizens Jmp started coverage on Tesla in a report on Thursday, July 9th. They set a “market perform” rating for the company. Mizuho set a $450.00 target price on Tesla and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. DZ Bank raised Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $401.74.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated 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 completion of the sale, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 insiders.

Tesla Price Performance

TSLA stock opened at $354.08 on Friday. The stock’s 50 day moving average price is $358.22 and its 200 day moving average price is $383.10. The firm has a market cap of $1.40 trillion, a P/E ratio of 327.85, a PEG ratio of 19.00 and a beta of 1.84. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. During the same period in the previous year, the business posted $0.33 EPS. The business’s quarterly revenue was up 25.5% on a year-over-year basis. On average, sell-side analysts expect that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

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.