Roberts Glore & Co. Inc. IL Invests $605,000 in Tesla, Inc. $TSLA

Roberts Glore & Co. Inc. IL bought a new stake in Tesla, Inc. (NASDAQ:TSLA) in the second quarter, HoldingsChannel reports. The firm bought 1,439 shares of the electric vehicle producer’s stock, valued at approximately $605,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock valued at $35,509,000 after buying an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after acquiring an additional 931 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after acquiring an additional 3,558 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after purchasing an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC boosted its stake in Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after purchasing an additional 851 shares in the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla Stock Performance

TSLA stock opened at $354.08 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The company has a market cap of $1.40 trillion, a P/E ratio of 327.85, a price-to-earnings-growth ratio of 17.88 and a beta of 1.84. The stock’s fifty day moving average price is $357.06 and its 200-day moving average price is $382.45.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm’s revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.33 EPS. On average, equities analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on TSLA shares. BMO Capital Markets began coverage on shares of Tesla in a research note on Monday, August 17th. They set an “outperform” rating for the company. HSBC reiterated a “hold” rating on shares of Tesla in a report on Monday, June 15th. BNP Paribas Exane cut Tesla from a “hold” rating to an “underperform” rating in a research report on Friday, June 5th. BTIG Research cut Tesla to a “neutral” rating in a research note on Friday, June 5th. Finally, Glj Research reaffirmed a “sell” rating on shares of Tesla in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $401.74.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European FSD expansion: Tesla’s supervised Full Self-Driving system received a regulatory green light in Slovenia, potentially supporting wider European deployment and additional high-margin software revenue. Tesla also cited safety data showing 4.1 times fewer collisions than manually driven Teslas in five European markets. Tesla FSD Supervised Gets Regulatory Green Light in Slovenia
• Positive Sentiment: Robotaxi opportunity: Tesla has begun limited paid Cybercab rides in Austin. Goldman Sachs believes the purpose-built vehicle could have a cost advantage in robotaxis, while Cathie Wood and other Tesla bulls continue to view autonomy, Optimus and AI as major long-term growth opportunities. Cybercab Could Transform Tesla, But Regulatory Risks Loom
• Positive Sentiment: AI ecosystem narrative: Investor interest remains focused on Tesla’s integration of FSD, Grok and the Optimus humanoid robot, as well as its indirect exposure to SpaceX. Supporters argue these businesses could eventually justify Tesla’s premium valuation. Cathie Wood Has Stuck With Tesla Through Repeated Missed Robotaxi Deadlines

Tesla Company 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.