T3 Companies LLC Sells 1,603,980 Shares of Tesla, Inc. $TSLA

T3 Companies LLC lowered its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 99.7% during the third quarter, Holdings Channel reports. The firm owned 4,520 shares of the electric vehicle producer’s stock after selling 1,603,980 shares during the period. Tesla accounts for about 1.6% of T3 Companies LLC’s portfolio, making the stock its 14th largest position. T3 Companies LLC’s holdings in Tesla were worth $1,604,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Security National Bank of Sioux City Iowa IA acquired a new position in Tesla during the second quarter worth $25,000. Friedenthal Financial raised its holdings in Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after buying an additional 30 shares in the last quarter. Harborfront Financial Group LLC bought a new position in Tesla during the second quarter valued at about $34,000. Lam Group Inc. acquired a new stake in shares of Tesla in the first quarter worth about $37,000. Finally, Montgomery Financial Services LLC acquired a new stake in shares of Tesla in the second quarter worth about $40,000. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Performance

TSLA traded down $2.36 during midday trading on Friday, reaching $372.22. The company’s stock had a trading volume of 34,679,783 shares, compared to its average volume of 36,818,196. The stock has a market cap of $1.47 trillion, a P/E ratio of 409.04, a PEG ratio of 23.78 and a beta of 1.92. The company has a fifty day simple moving average of $364.01 and a 200 day simple moving average of $377.22. The company has a current ratio of 1.74, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. During the same period in the previous year, the company earned $0.50 earnings per share. The company’s quarterly revenue was down .2% compared to the same quarter last year. Research analysts expect that Tesla, Inc. will post 0.71 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently issued reports on TSLA shares. Canaccord Genuity Group set a $442.00 price target on Tesla and gave the stock a “buy” rating in a research note on Thursday. CLSA raised Tesla from an “underperform” rating to a “hold” rating and raised their price objective for the company from $310.00 to $400.00 in a research note on Thursday. Cantor Fitzgerald restated an “overweight” rating and issued a $485.00 target price on shares of Tesla in a report on Monday. William Blair restated a “market perform” rating on shares of Tesla in a report on Thursday, July 2nd. Finally, Morgan Stanley upped their target price on Tesla from $400.00 to $410.00 and gave the stock an “equal weight” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, twenty have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Tesla presently has a consensus rating of “Hold” and a consensus target price of $408.61.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
• Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
• Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
• Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
• Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
• Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
• Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
• Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.