Tesla, Inc. $TSLA Stock: Privium Fund Management B.V. Decreases Position

Privium Fund Management B.V. lowered its holdings in Tesla, Inc. (NASDAQ:TSLA) by 1.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 225,000 shares of the electric vehicle producer’s stock after selling 3,000 shares during the quarter. Tesla comprises approximately 15.2% of Privium Fund Management B.V.’s portfolio, making the stock its largest holding. Privium Fund Management B.V.’s holdings in Tesla were worth $79,832,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in TSLA. Legal & General Group Plc purchased a new position in Tesla in the second quarter valued at about $8,535,612,000. Bank of New York Mellon Corp acquired a new position in shares of Tesla during the second quarter worth about $6,083,630,000. Deutsche Bank AG purchased a new stake in shares of Tesla in the second quarter worth about $4,039,090,000. Canada Pension Plan Investment Board purchased a new stake in shares of Tesla in the second quarter worth about $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Tesla in the second quarter valued at about $2,995,584,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred 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 completion of the transaction, the chief financial officer owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on TSLA shares. Truist Financial set a $370.00 price target on Tesla and gave the stock a “hold” rating in a research report on Thursday, July 23rd. KeyCorp raised shares of Tesla to a “sector weight” rating in a research report on Monday, September 28th. Piper Sandler restated an “overweight” rating and issued a $475.00 target price (up from $450.00) on shares of Tesla in a research note on Thursday, October 22nd. Tigress Financial initiated coverage on shares of Tesla in a report on Thursday, October 22nd. They set a “buy” rating for the company. Finally, Yorkville Ives initiated coverage on shares of Tesla in a research note on Wednesday, October 7th. They set an “outperform” rating and a $500.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Tesla presently has a consensus rating of “Moderate Buy” and an average price target of $414.51.

Tesla Stock Up 4.2%

Shares of TSLA traded up $14.53 during midday trading on Friday, hitting $358.22. The company had a trading volume of 36,597,110 shares, compared to its average volume of 36,353,072. The stock has a market cap of $1.42 trillion, a price-to-earnings ratio of 393.65, a PEG ratio of 25.01 and a beta of 1.74. The company’s 50 day moving average price is $372.14 and its 200 day moving average price is $384.35. 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, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLA) last posted 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. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period last year, the firm earned $0.50 earnings per share. On average, equities research analysts predict that Tesla, Inc. will post 0.67 EPS for the current year.

About Tesla

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.