2,062 Tesla, Inc. $TSLA Shares Purchased by Parcion Private Wealth LLC

Parcion Private Wealth LLC grew its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 17.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,616 shares of the electric vehicle producer’s stock after buying an additional 2,062 shares during the period. Parcion Private Wealth LLC’s holdings in Tesla were worth $4,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the company. State Street Corp raised its stake in shares of Tesla by 2.4% in the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after acquiring an additional 2,761,298 shares during the period. Amundi grew its holdings in Tesla by 14.0% during the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock valued at $8,243,513,000 after purchasing an additional 2,727,141 shares during the last quarter. Legal & General Group Plc bought a new position in Tesla during the 2nd quarter valued at about $8,535,612,000. Bank of New York Mellon Corp bought a new position in Tesla during the 2nd quarter valued at about $6,083,630,000. Finally, Bamco Inc. NY raised its position in Tesla by 5.0% in the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after purchasing an additional 591,243 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s robotaxi business continues to generate optimism. The company added a Quiet Mode to Model Y robotaxis after driverless miles reportedly increased eightfold, potentially improving passenger comfort and supporting broader adoption. Tesla Adds Sleep-Friendly Robotaxi Feature After Driverless Miles Surge Eightfold
• Positive Sentiment: Analysts and financial commentators pointed to Cybercab, robotaxis, Optimus and AI as potential growth engines that could create new revenue streams beyond vehicle sales. Tesla’s European registrations also reached a record in September, with the Model Y and Model 3 ranking first and second. Tesla Could Be About to Unlock a Brand-New Revenue Stream
• Positive Sentiment: Tesla generated $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion, suggesting some capital discipline despite continued investment in AI, robotics and autonomy. Tesla’s Free Cash Flow Beat
• Neutral Sentiment: A possible Tesla-SpaceX merger remains a major source of speculative upside, but Bank of America warned that Chinese regulatory approval could be a significant obstacle, particularly because Tesla’s Shanghai operations could become linked to a U.S. defense contractor. Tesla-SpaceX Merger Could Face Regulatory Risk in China
• Negative Sentiment: A Seeking Alpha downgrade argued that Tesla’s valuation already discounts ambitious promises whose timelines continue to slip. Rising research and development spending for AI, Optimus and driverless vehicles is also pressuring operating profits. Tesla Paying Peak Multiples for Promises That Keep Slipping
• Negative Sentiment: Competition and execution concerns remain. Chinese rival XPeng promoted more commercially viable flying-car technology, Rivian is developing a competing autonomy strategy, and Tesla reportedly halted Cybertruck reservations and sales plans in Australia and New Zealand. Tesla Stock Falls as China Promotes Flying Cars

Analyst Ratings Changes

TSLA has been the topic of several research reports. HSBC restated a “reduce” rating and set a $157.00 price target on shares of Tesla in a research note on Monday, October 5th. Wall Street Zen lowered shares of Tesla from a “hold” rating to a “sell” rating in a research note on Saturday, October 24th. BMO Capital Markets assumed coverage on shares of Tesla in a report on Monday, August 17th. They set an “outperform” rating on the stock. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, October 22nd. Finally, The Goldman Sachs Group restated a “neutral” rating on shares of Tesla in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Tesla has an average rating of “Moderate Buy” and an average price target of $414.51.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the sale, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by insiders.

Tesla Trading Down 0.9%

Tesla stock opened at $399.81 on Friday. The stock has a 50-day moving average of $369.61 and a two-hundred day moving average of $385.81. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The stock has a market cap of $1.58 trillion, a PE ratio of 439.36, a price-to-earnings-growth ratio of 24.98 and a beta of 1.92.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same quarter last year, the company earned $0.50 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. On average, research analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

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.