CX Institutional Lowers Stock Position in Tesla, Inc. $TSLA

02 Oct 2026, 19:07 by Doug Wharley · The Cerbat Gem

CX Institutional decreased its holdings in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 7.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 73,668 shares of the electric vehicle producer’s stock after selling 5,782 shares during the quarter. CX Institutional’s holdings in Tesla were worth $26,138,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in TSLA. GoalVest Advisory LLC boosted its holdings in shares of Tesla by 206.5% in the 3rd quarter. GoalVest Advisory LLC now owns 44,506 shares of the electric vehicle producer’s stock worth $15,791,000 after acquiring an additional 29,985 shares in the last quarter. Global Wealth Strategies & Associates raised its position in Tesla by 45.2% in the 3rd quarter. Global Wealth Strategies & Associates now owns 3,092 shares of the electric vehicle producer’s stock valued at $1,097,000 after purchasing an additional 962 shares during the last quarter. Versant Capital Management Inc raised its position in Tesla by 0.5% in the 3rd quarter. Versant Capital Management Inc now owns 10,510 shares of the electric vehicle producer’s stock valued at $3,729,000 after purchasing an additional 50 shares during the last quarter. First Financial Bank Trust Division boosted its stake in Tesla by 4.4% in the third quarter. First Financial Bank Trust Division now owns 1,762 shares of the electric vehicle producer’s stock worth $625,000 after purchasing an additional 75 shares in the last quarter. Finally, Burkett Financial Services LLC grew its holdings in shares of Tesla by 5.5% during the third quarter. Burkett Financial Services LLC now owns 1,143 shares of the electric vehicle producer’s stock worth $406,000 after purchasing an additional 60 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Trading Up 4.7%

Shares of TSLA stock traded up $16.48 during trading hours on Friday, reaching $370.59. The company had a trading volume of 55,221,320 shares, compared to its average volume of 51,787,586. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. 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 firm has a market cap of $1.46 trillion, a price-to-earnings ratio of 343.14, a P/E/G ratio of 18.94 and a beta of 1.92. The company has a 50 day moving average of $347.26 and a 200 day moving average of $377.56.

Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business’s revenue was up 25.5% compared to the same quarter last year. During the same period last year, the company earned $0.33 earnings per share. On average, equities research analysts anticipate that Tesla, Inc. will post 0.83 EPS for the current year.

Insider Activity at Tesla

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Sanford C. Bernstein raised Tesla from an “underperform” rating to an “outperform” rating in a report on Friday, June 5th. Robert W. Baird set a $475.00 price objective on shares of Tesla in a research report on Monday, July 27th. BTIG Research downgraded shares of Tesla to a “neutral” rating in a research note on Friday, June 5th. Glj Research reiterated a “sell” rating on shares of Tesla in a research report on Friday, September 4th. Finally, Deutsche Bank Aktiengesellschaft set a $420.00 price target on shares of Tesla in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twenty have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $410.98.

Get Our Latest Analysis on TSLA

Tesla News Summary

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla delivered 486,532 vehicles in Q3 2026, well above the roughly 461,000–464,000 analyst expectations. Model 3/Y deliveries totaled 478,237, while production was 464,391, meaning deliveries exceeded output and helped ease concerns about demand. Tesla reports 486,532 vehicle deliveries for third quarter, topping expectation
Positive Sentiment: The delivery result was supported by improving European sales, which helped offset weaker demand in the United States and China. Although total deliveries declined about 2% from a year earlier, the smaller-than-feared drop was viewed favorably after the expiration of U.S. EV incentives and amid intensifying competition from BYD and other Chinese automakers. Tesla posts stronger-than-expected quarterly deliveries
Positive Sentiment: Bullish commentators, including Dan Ives, Jim Cramer and Ron Baron, continue to emphasize Tesla’s artificial-intelligence, Full Self-Driving, robotaxi and humanoid-robot opportunities rather than near-term vehicle volume alone. Tesla also deployed 13.7 GWh of energy-storage products during the quarter. Dan Ives on Tesla stocks: A big step in the right direction
Neutral Sentiment: Tesla arranged approximately $30 billion in new credit facilities, providing flexibility for AI, autonomy, chips and capital spending. However, the financing also highlights the scale of the company’s future funding needs if robotaxi and robotics revenue takes longer to materialize. Tesla Just Lined Up $30 Billion in Credit
Negative Sentiment: Risks remain significant: Tesla trades at an exceptionally high earnings multiple, operating income has weakened, vehicle sales are declining year over year, and competition is intensifying. New California robotaxi rules could also raise compliance costs and slow autonomous-driving expansion. Investors are now looking ahead to the company’s financial results and the delayed Roadster event on October 15.

Tesla Company Profile

(Free Report)

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.