Gamco Investors INC. ET AL Purchases 16,155 Shares of Tesla, Inc. $TSLA

Gamco Investors INC. ET AL lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 49.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,731 shares of the electric vehicle producer’s stock after acquiring an additional 16,155 shares during the period. Gamco Investors INC. ET AL’s holdings in Tesla were worth $21,915,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Crestwood Advisors Group LLC raised its position in Tesla by 34.7% in the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock valued at $8,799,000 after purchasing an additional 5,039 shares during the last quarter. Calamos Wealth Management LLC increased its position in Tesla by 5.9% in the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock valued at $18,846,000 after acquiring an additional 2,341 shares during the period. China Universal Asset Management Co. Ltd. increased its position in Tesla by 8.8% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock valued at $21,571,000 after acquiring an additional 3,935 shares during the period. Ashton Thomas Private Wealth LLC increased its position in Tesla by 26.0% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock valued at $8,019,000 after acquiring an additional 3,724 shares during the period. Finally, Nations Financial Group Inc. IA ADV increased its position in Tesla by 20.0% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer’s stock valued at $7,367,000 after acquiring an additional 2,765 shares during the period. Institutional investors own 66.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. UBS Group upped their price target on shares of Tesla from $352.00 to $364.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Robert W. Baird decreased their price target on shares of Tesla from $538.00 to $522.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. DZ Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price target for the company in a research report on Friday, April 24th. Finally, Wedbush restated an “outperform” rating and issued a $600.00 price target on shares of Tesla in a research report on Tuesday, April 21st. Nineteen research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, Tesla has an average rating of “Hold” and an average target price of $395.20.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the sale, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 83,213 shares of company stock valued at $32,201,105. 19.90% of the stock is currently owned by corporate insiders.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla raised Model Y prices in the U.S. for the first time since 2024, which could signal improving pricing power and help support margins if demand holds up. Article Title
• Positive Sentiment: Elon Musk continues to promote Tesla’s autonomy push, saying unsupervised self-driving and robotaxi service could become more widespread later this year, reinforcing the long-term bull case tied to software and AI. Article Title
• Positive Sentiment: XPeng’s robotaxi launch was viewed by some analysts as indirect validation of Tesla’s self-driving strategy, keeping attention on Tesla’s lead in autonomous vehicle development. Article Title
• Neutral Sentiment: Tesla’s $250 million battery expansion in Germany supports its European growth strategy, but the added capital spending also raises the bar for near-term payoff. Article Title
• Negative Sentiment: A court setback for Musk’s OpenAI-related lawsuit adds another headline risk around the CEO’s broader distraction and litigation overhang. Article Title
• Negative Sentiment: Multiple reports said Tesla stock weakened after the Model Y price hike and a separate lawsuit over Full Self-Driving promises succeeded, suggesting investors remain skeptical of Tesla’s near-term fundamentals and autonomy claims. Article Title
• Negative Sentiment: Several articles pointed to mounting scrutiny over robotaxi safety, reported crashes, and growing legal/regulatory pressure, which could weigh on confidence in Tesla’s autonomy timeline. Article Title
• Negative Sentiment: Hedge fund filings showed notable reductions in Tesla holdings by some managers, and one report warned that a potential SpaceX IPO could pull retail attention and capital away from TSLA. Article Title

Tesla Trading Down 2.9%

TSLA opened at $409.99 on Tuesday. Tesla, Inc. has a twelve month low of $273.21 and a twelve month high of $498.83. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average of $386.50 and a 200-day moving average of $417.68. The stock has a market cap of $1.54 trillion, a PE ratio of 376.14, a price-to-earnings-growth ratio of 16.67 and a beta of 1.79.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period in the prior year, the company posted $0.27 earnings per share. Tesla’s revenue for the quarter was up 15.8% compared to the same quarter last year. On average, sell-side analysts predict that Tesla, Inc. will post 1.2 EPS for the current year.

Tesla Profile

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.