Yousif Capital Management LLC Sells 2,113 Shares of Tesla, Inc. $TSLA

Yousif Capital Management LLC reduced its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 0.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 277,971 shares of the electric vehicle producer’s stock after selling 2,113 shares during the period. Tesla makes up 1.1% of Yousif Capital Management LLC’s holdings, making the stock its 13th biggest holding. Yousif Capital Management LLC’s holdings in Tesla were worth $98,627,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MLP3 LLC purchased a new stake in shares of Tesla during the third quarter worth about $240,000. NovaPoint Capital LLC lifted its stake in shares of Tesla by 11.3% in the third quarter. NovaPoint Capital LLC now owns 4,001 shares of the electric vehicle producer’s stock worth $1,419,000 after acquiring an additional 405 shares in the last quarter. Boomfish Wealth Group LLC boosted its holdings in Tesla by 13.8% in the third quarter. Boomfish Wealth Group LLC now owns 9,230 shares of the electric vehicle producer’s stock valued at $3,275,000 after purchasing an additional 1,118 shares during the last quarter. MBL Wealth LLC boosted its holdings in Tesla by 6.6% in the third quarter. MBL Wealth LLC now owns 14,103 shares of the electric vehicle producer’s stock valued at $5,004,000 after purchasing an additional 870 shares during the last quarter. Finally, Compass Wealth Management LLC acquired a new stake in Tesla during the 3rd quarter valued at approximately $60,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
• Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
• Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
• Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
• Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
• Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
• Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
• Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.

Tesla Stock Down 0.6%

NASDAQ TSLA traded down $2.36 on Friday, hitting $372.22. 34,679,783 shares of the stock traded hands, compared to its average volume of 36,818,196. The stock has a 50-day moving average of $364.01 and a 200 day moving average of $377.22. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The company has a market capitalization of $1.47 trillion, a P/E ratio of 409.04, a price-to-earnings-growth ratio of 23.78 and a beta of 1.92. The company has a current ratio of 1.74, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. During the same quarter last year, the firm earned $0.50 EPS. The business’s revenue was down .2% on a year-over-year basis. As a group, analysts expect that Tesla, Inc. will post 0.71 earnings per share for the current fiscal year.

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on TSLA. Wells Fargo & Company restated a “buy” rating on shares of Tesla in a report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft set a $420.00 price target on shares of Tesla in a research report on Monday, July 27th. Citizens Jmp assumed coverage on shares of Tesla in a research note on Thursday, July 9th. They issued a “market perform” rating for the company. Citigroup reaffirmed a “neutral” rating on shares of Tesla in a report on Wednesday. Finally, BNP Paribas Exane raised shares of Tesla from an “underperform” rating to a “neutral” rating and upped their price target for the company from $266.00 to $420.00 in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, twenty have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Tesla has a consensus rating of “Hold” and an average target price of $408.61.

Tesla Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.