Tesla, Inc. $TSLA Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Cuts Stake

VIRGINIA RETIREMENT SYSTEMS ET Al trimmed its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 13.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 333,468 shares of the electric vehicle producer’s stock after selling 51,192 shares during the period. Tesla accounts for approximately 0.7% of VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings, making the stock its 18th biggest position. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Tesla were worth $118,318,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Security National Bank of Sioux City Iowa IA acquired a new position in shares of Tesla during the second quarter worth approximately $25,000. Harborfront Financial Group LLC acquired a new stake in Tesla in the 2nd quarter valued at approximately $34,000. Montgomery Financial Services LLC bought a new stake in Tesla during the 2nd quarter valued at $40,000. Timbuktu Capital Management LLC bought a new stake in Tesla during the 2nd quarter valued at $42,000. Finally, Navigoe LLC acquired a new position in Tesla during the 2nd quarter worth $45,000. Institutional investors own 66.20% of the company’s stock.

Tesla Trading Down 0.9%

Shares of Tesla stock opened at $399.81 on Friday. The business has a fifty day simple moving average of $369.61 and a 200-day simple moving average of $385.81. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The firm has a market cap of $1.58 trillion, a price-to-earnings ratio of 439.36, a price-to-earnings-growth ratio of 24.98 and a beta of 1.92. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09.

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, beating analysts’ consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The company had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same period in the prior year, the company earned $0.50 EPS. Tesla’s revenue was down .2% on a year-over-year basis. On average, equities analysts forecast that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value 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. This represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 20.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. CLSA reissued an “underperform” rating on shares of Tesla in a research note on Monday. Truist Financial set a $370.00 price objective on shares of Tesla and gave the company a “hold” rating in a research note on Thursday, July 23rd. Wells Fargo & Company reaffirmed a “buy” rating on shares of Tesla in a report on Thursday, October 1st. Wall Street Zen lowered shares of Tesla from a “hold” rating to a “sell” rating in a research report on Saturday, October 24th. Finally, UBS Group raised shares of Tesla from a “neutral” rating to a “buy” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $414.51.

Key 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

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.