William Blair Investment Management LLC Makes New Investment in Tesla, Inc. $TSLA

William Blair Investment Management LLC bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 7,108 shares of the electric vehicle producer’s stock, valued at approximately $2,990,000.

Several other hedge funds have also recently modified their holdings of the business. Norges Bank purchased a new position in shares of Tesla in the 4th quarter valued at $17,128,100,000. Corient Private Wealth LLC lifted its stake in shares of 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 last quarter. Bank of New York Mellon Corp bought a new stake in Tesla during the second quarter valued at about $6,083,630,000. Deutsche Bank AG purchased a new position in Tesla in the second quarter valued at about $4,039,090,000. Finally, Bank of America Corp DE grew its stake in Tesla by 56.0% in the fourth quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after purchasing an additional 7,450,766 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction was disclosed in a document filed 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. Insiders own 19.90% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

Tesla Stock Performance

Shares of Tesla stock opened at $354.08 on Friday. The company has a 50 day moving average price of $358.22 and a 200 day moving average price of $383.10. The firm has a market capitalization of $1.40 trillion, a P/E ratio of 327.85, a PEG ratio of 19.00 and a beta of 1.84. The company has a quick ratio of 1.55, a current ratio of 1.94 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 released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. During the same period in the prior year, the firm posted $0.33 EPS. The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. Sell-side analysts expect that Tesla, Inc. will post 0.88 EPS for the current year.

Analyst Ratings Changes

TSLA has been the subject of several analyst reports. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, July 23rd. BTIG Research downgraded shares of Tesla to a “neutral” rating in a research report on Friday, June 5th. Piper Sandler reduced their price objective on shares of Tesla from $500.00 to $450.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. HSBC restated a “hold” rating on shares of Tesla in a research note on Monday, June 15th. Finally, The Goldman Sachs Group began coverage on shares of Tesla in a report on Friday, June 5th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $401.74.

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.