Tortoise Investment Management LLC Invests $636,000 in Tesla, Inc. $TSLA

Tortoise Investment Management LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 1,511 shares of the electric vehicle producer’s stock, valued at approximately $636,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp lifted its position in Tesla by 0.9% during the fourth quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock valued at $51,647,164,000 after buying an additional 1,080,085 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Tesla by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after acquiring an additional 375,946 shares in the last quarter. Norges Bank purchased a new position in shares of Tesla in the 4th quarter valued at $17,128,100,000. Amundi lifted its holdings in shares of 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 acquiring an additional 2,727,141 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its position in Tesla by 3,205.5% during the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after purchasing an additional 20,810,386 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Stock Up 5.5%

Shares of Tesla stock opened at $367.95 on Tuesday. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The company has a market capitalization of $1.45 trillion, a PE ratio of 340.70, a P/E/G ratio of 17.61 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The business has a 50-day moving average of $359.59 and a 200-day moving average of $384.52.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company’s revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 EPS. As a group, equities analysts forecast that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Anticipation is building for Tesla’s Cybercab event in Austin, where the company is expected to showcase a two-seat autonomous vehicle without a steering wheel or pedals. Investors are treating the event as a potential catalyst for Tesla’s robotaxi strategy and future revenue growth. Tesla Cybercab launch article
• Positive Sentiment: Reports that Tesla has begun production of its Optimus humanoid robot, along with updates involving artificial intelligence and Grok, reinforced the bull case that Tesla is becoming more than an electric-vehicle manufacturer. Optimus and Grok updates
• Positive Sentiment: Tesla’s potential expansion of solar production with SpaceX and a reported large Texas chip-making facility added to optimism around its energy, computing and AI infrastructure ambitions. Texas chip facility report
• Positive Sentiment: Higher crude oil prices and renewed geopolitical concerns revived the possibility that expensive gasoline could improve consumer interest in electric vehicles. Tesla also plans to raise prices on certain Cybertruck models, potentially supporting revenue per vehicle. Oil prices and Tesla shares
• Neutral Sentiment: Speculation that Tesla could resume accepting Bitcoin payments resurfaced after Bitcoin mining reportedly surpassed Elon Musk’s earlier clean-energy threshold. No policy change has been confirmed, so the near-term stock impact is uncertain. Tesla Bitcoin payments report
• Negative Sentiment: Investors remain concerned that Tesla’s roughly $25 billion 2026 capital budget, including spending on Optimus and robotaxis, could pressure cash flow if commercialization is delayed. Analysts also warn that autonomy may become a commodity, limiting Tesla’s eventual market share and valuation upside. Tesla investment risks
• Negative Sentiment: A failed reported Robotaxi ride and Tesla’s decision to discontinue Solar Roof sales highlight execution and product-adoption risks, although the company is shifting toward conventional solar panels and energy storage. Tesla Solar Roof decision

Analysts Set New Price Targets

Several analysts recently issued reports on TSLA shares. Sanford C. Bernstein upgraded Tesla from an “underperform” rating to an “outperform” rating in a report on Friday, June 5th. Citizens Jmp initiated coverage on Tesla in a research report on Thursday, July 9th. They issued a “market perform” rating for the company. Evercore upgraded Tesla from a “hold” rating to an “outperform” rating in a research note on Friday, June 5th. Phillip Securities dropped their target price on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft set a $420.00 price target on Tesla in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $401.74.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by corporate insiders.

Tesla Company 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.