Tesla, Inc. $TSLA Shares Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC raised its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 142.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,081 shares of the electric vehicle producer’s stock after purchasing an additional 11,202 shares during the quarter. Proficio Capital Partners LLC’s holdings in Tesla were worth $8,025,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Chapman Financial Group LLC bought a new position in Tesla during the second quarter valued at about $26,000. Friedenthal Financial raised its position in Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after acquiring an additional 30 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in Tesla in the 3rd quarter valued at about $30,000. Texas Capital Bancshares Inc TX bought a new position in shares of Tesla during the 3rd quarter valued at about $31,000. Finally, Harborfront Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter valued at about $34,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Cybercab rollout offers a potential new growth catalyst. The company has added 45 vehicles to its Austin fleet, and CEO Elon Musk says its redesigned manufacturing process could produce Cybercabs more than five times faster. Successful scaling could improve robotaxi economics and support Tesla’s AI ambitions. 45 Tesla Cybercabs are now roaming Austin
• Positive Sentiment: Slovenia’s approval of Tesla’s supervised Full Self-Driving system could support broader European authorization, potentially expanding software revenue and paving the way for a future Cybercab launch in Europe. Tesla FSD approval in Slovenia
• Neutral Sentiment: Analysts remain divided on whether Tesla can compete with Waymo and other autonomous-driving providers. Early Cybercab fares have varied substantially versus Uber, leaving the business model, safety performance and profitability unproven. Goldman Sachs maintained a Neutral rating with a $360 price target. Tesla Cybercab growth-driver analysis
• Neutral Sentiment: Tesla CFO Vaibhav Taneja sold 2,606 shares to cover tax withholding from vested equity awards. Because the transaction was tax-related, it is less concerning than a discretionary sale, though it may add modest sentiment pressure. Tesla CFO share sale
• Negative Sentiment: A House Democrat urged federal regulators to act after reports identified 43 videos apparently showing drivers asleep or disengaged while using Autopilot or Full Self-Driving. Additional scrutiny could delay deployments and increase Tesla’s legal and regulatory risks. Federal action urged over sleeping Tesla drivers
• Negative Sentiment: China remains a significant weakness. Tesla is offering discounts as domestic demand softens, which may support deliveries but further pressure already-thin automotive margins. Growing exports from Chinese manufacturers also threaten Tesla’s global pricing power. Tesla China discounts and margins
• Negative Sentiment: Questions surrounding Cybercab safety, self-certification and operating reliability—including criticism from Austin firefighters—are undermining confidence in Tesla’s aggressive robotaxi timeline. With the stock trading at a very high earnings multiple, setbacks to autonomy could trigger further downside.

Analysts Set New Price Targets

A number of research firms recently commented on TSLA. TD Cowen reiterated a “buy” rating on shares of Tesla in a report on Friday, August 14th. Canaccord Genuity Group set a $410.00 price target on shares of Tesla and gave the stock a “buy” rating in a research report on Thursday, July 23rd. HSBC reaffirmed a “hold” rating on shares of Tesla in a report on Monday, June 15th. Citigroup reiterated a “market perform” rating on shares of Tesla in a research report on Monday, August 24th. Finally, Barclays lifted their target price on Tesla from $360.00 to $370.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $401.74.

Tesla Stock Down 1.2%

TSLA stock opened at $363.56 on Friday. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The company’s 50 day simple moving average is $354.27 and its 200-day simple moving average is $381.50. 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 firm has a market capitalization of $1.44 trillion, a P/E ratio of 336.63, a P/E/G ratio of 18.57 and a beta of 1.84.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. During the same quarter last year, the company posted $0.33 EPS. The firm’s revenue was up 25.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction 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 sale, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

Tesla Profile

Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.