Savvy Advisors Inc. Grows Stake in Tesla, Inc. $TSLA

Savvy Advisors Inc. grew its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 26.3% during the third quarter, HoldingsChannel reports. The firm owned 28,548 shares of the electric vehicle producer’s stock after buying an additional 5,951 shares during the period. Savvy Advisors Inc.’s holdings in Tesla were worth $12,696,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new stake in Tesla in the second quarter valued at approximately $11,839,824,000. Vanguard Group Inc. increased its stake in Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after buying an additional 4,502,976 shares during the period. Amundi boosted its position in Tesla by 20.4% in the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after buying an additional 3,422,270 shares during the last quarter. Jennison Associates LLC grew its stake in shares of Tesla by 38.3% during the third quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock valued at $4,851,747,000 after acquiring an additional 3,021,550 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Tesla by 2.0% in the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after acquiring an additional 1,269,304 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Chinese regulator steps to curb cutthroat EV price wars in China, which should reduce aggressive discounting and help stabilize Tesla’s China pricing and margins. Tesla Stock (TSLA) Rises as Chinese Watchdog Moves to Tame Cutthroat Price War
• Positive Sentiment: Tencent Cloud partnership to add WeChat-linked in-car features, OTA updates and China-specific services — improves local product experience and deepens ties with a major Chinese tech partner (and investor). Tencent, Tesla team up on WeChat-linked in-car features in China
• Positive Sentiment: Company appoints its Europe head to run global sales — centralizing sales leadership could improve go-to-market execution and inventory/pricing discipline across regions. Tesla names Europe executive to head global sales, Bloomberg News reports
• Positive Sentiment: Analyst attention on Tesla’s solar & energy TAM (Morgan Stanley coverage) highlights a large long-term growth opportunity beyond autos, supporting investor interest in non-vehicle revenue upside. Tesla (TSLA) draws fresh attention as Morgan Stanley highlights solar opportunity
• Neutral Sentiment: MarketBeat technical take: Tesla has staged a bounce from known support and momentum indicators look constructive, but valuation and a broken uptrend make any rally fragile — implies higher short-term volatility. Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile
• Negative Sentiment: Prominent investor Gary Black publicly rejects Elon Musk’s reported “discount-first” communications strategy — investor pushback on margin-dilutive tactics raises concern about pricing strategy and management messaging. Gary Black rejects Elon Musk-led Tesla’s discount-first communications strategy: ‘I don’t think…’
• Negative Sentiment: Executive turnover continues: VP Raj Jegannathan and other senior departures (AI/infosec and sales leadership moves) raise execution risk for ambitious AI/robotics initiatives (Optimus/robotaxi) and sales operations. Tesla VP Raj Jegannathan departs after 13 years with Elon Musk’s EV giant

Insider Buying and Selling

In related news, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares in the company, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 119,457 shares of company stock valued at $53,501,145. Insiders own 19.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. BNP Paribas Exane raised their price objective on Tesla from $307.00 to $313.00 in a research note on Monday, December 1st. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Tesla from $500.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Wedbush reiterated an “outperform” rating and set a $600.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Finally, William Blair reissued a “market perform” rating on shares of Tesla in a research report on Friday, January 2nd. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $403.92.

Tesla Trading Up 0.7%

Tesla stock opened at $428.26 on Thursday. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The firm’s 50-day moving average is $445.74 and its 200-day moving average is $413.37. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The company has a market cap of $1.61 trillion, a P/E ratio of 396.54, a PEG ratio of 14.24 and a beta of 1.86.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same quarter in the prior year, the business earned $0.73 earnings per share. Tesla’s quarterly revenue was down 3.1% on a year-over-year basis. On average, equities analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.

About Tesla

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.