Tesla, Inc. $TSLA Shares Sold by Profund Advisors LLC

01 Nov 2026, 15:04 by Kim Johansen · The Markets Daily

Profund Advisors LLC decreased its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 2.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 149,884 shares of the electric vehicle producer’s stock after selling 3,596 shares during the quarter. Tesla comprises approximately 1.5% of Profund Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Profund Advisors LLC’s holdings in Tesla were worth $53,180,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Security National Bank of Sioux City Iowa IA purchased a new stake in Tesla in the second quarter worth $25,000. Harborfront Financial Group LLC bought a new stake in shares of Tesla during the 2nd quarter valued at $34,000. Montgomery Financial Services LLC purchased a new position in Tesla during the second quarter valued at $40,000. Timbuktu Capital Management LLC bought a new position in shares of Tesla during the 2nd quarter valued at approximately $42,000. Finally, Navigoe LLC bought a new position in Tesla in the 2nd quarter worth about $45,000. Institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Tuesday, September 8th. The shares were 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 directly owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by insiders.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla’s robotaxi business continues to generate optimism. The company added a Quiet Mode to Model Y robotaxis after driverless miles reportedly increased eightfold, potentially improving passenger comfort and supporting broader adoption. Tesla Adds Sleep-Friendly Robotaxi Feature After Driverless Miles Surge Eightfold
Positive Sentiment: Analysts and financial commentators pointed to Cybercab, robotaxis, Optimus and AI as potential growth engines that could create new revenue streams beyond vehicle sales. Tesla’s European registrations also reached a record in September, with the Model Y and Model 3 ranking first and second. Tesla Could Be About to Unlock a Brand-New Revenue Stream
Positive Sentiment: Tesla generated $1.5 billion in third-quarter free cash flow and reduced its 2026 capital-spending forecast to $20 billion, suggesting some capital discipline despite continued investment in AI, robotics and autonomy. Tesla’s Free Cash Flow Beat
Neutral Sentiment: A possible Tesla-SpaceX merger remains a major source of speculative upside, but Bank of America warned that Chinese regulatory approval could be a significant obstacle, particularly because Tesla’s Shanghai operations could become linked to a U.S. defense contractor. Tesla-SpaceX Merger Could Face Regulatory Risk in China
Negative Sentiment: A Seeking Alpha downgrade argued that Tesla’s valuation already discounts ambitious promises whose timelines continue to slip. Rising research and development spending for AI, Optimus and driverless vehicles is also pressuring operating profits. Tesla Paying Peak Multiples for Promises That Keep Slipping
Negative Sentiment: Competition and execution concerns remain. Chinese rival XPeng promoted more commercially viable flying-car technology, Rivian is developing a competing autonomy strategy, and Tesla reportedly halted Cybertruck reservations and sales plans in Australia and New Zealand. Tesla Stock Falls as China Promotes Flying Cars

Tesla Price Performance

Tesla stock opened at $399.81 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. The firm has a market cap of $1.58 trillion, a PE ratio of 439.36, a price-to-earnings-growth ratio of 24.77 and a beta of 1.92. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The stock’s fifty day moving average price is $369.61 and its two-hundred day moving average price is $385.81.

Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The firm had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same period in the previous year, the firm posted $0.50 earnings per share. The business’s revenue was down .2% compared to the same quarter last year. As a group, research analysts expect that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TSLA has been the subject of several recent research reports. KeyCorp raised shares of Tesla to a “sector weight” rating in a report on Monday, September 28th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Tesla in a research note on Monday, October 26th. They issued a “buy” rating for the company. Barclays raised Tesla from an “outperform” rating to an “overweight” rating and lifted their price objective for the company from $370.00 to $450.00 in a research note on Monday, October 26th. JPMorgan Chase & Co. increased their target price on shares of Tesla from $415.00 to $430.00 and gave the stock a “neutral” rating in a report on Thursday, October 22nd. Finally, Citigroup reiterated a “neutral” rating on shares of Tesla in a research report on Wednesday, October 21st. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Tesla has a consensus rating of “Moderate Buy” and a consensus price target of $414.51.

Check Out Our Latest Stock Analysis on Tesla

Tesla Company Profile

(Free Report)

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.