Elite Wealth Management Inc. Trims Stake in Tesla, Inc. $TSLA
- by lulegacy
- Jan 15, 2026
- 0 Comments
- 0 Likes Flag 0 Of 5
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Key Points
Elite Wealth Management trimmed its Tesla stake by 63.2% in Q3, selling 1,870 shares and leaving 1,088 shares valued at about $484,000.
Significant insider selling occurred recently—119,457 shares (~$53.5M) were sold over the last three months, including James Murdoch’s 60,000‑share sale and a CFO sale—while insiders still own 19.90% of the company.
Tesla trades near $439 with a $1.46T market cap, a consensus analyst rating of "Hold" and a $410.20 price target, as mixed catalysts (FSD subscription, legal mediation, product rollouts) and execution/competitive risks create headline sensitivity. America’s New Favorite EV Isn’t Tesla—and the Stock May Surprise
Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The company had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. Tesla's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period last year, the firm posted $0.72 EPS. Sell-side analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year.
Analyst Ratings Changes
A number of brokerages have recently issued reports on TSLA. Cowen reaffirmed a "buy" rating on shares of Tesla in a research report on Monday, November 17th. TD Cowen boosted their target price on Tesla from $374.00 to $509.00 and gave the stock a "buy" rating in a research note on Thursday, October 9th. Benchmark reaffirmed a "buy" rating on shares of Tesla in a research report on Thursday, October 23rd. HSBC reissued a "reduce" rating on shares of Tesla in a report on Monday, November 17th. Finally, Wedbush restated an "outperform" rating and set a $600.00 price objective on shares of Tesla in a report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $410.20.
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