<div id="readability-page-1"><p>Crestwood Advisors Group LLC cut its holdings in  Tesla, Inc. (NASDAQ:TSLA - Free Report) by 8.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,113 shares of the electric vehicle producer's stock after selling 840 shares during the quarter. Crestwood Advisors Group LLC's holdings in Tesla were worth $2,362,000 as of its most recent SEC filing.</p><ul><li>5 Stocks to Buy and Hold for the Rise of Physical AI</li></ul><p>A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cherry Tree Wealth Management LLC boosted its holdings in shares of  Tesla by 86.3% in the 1st quarter. Cherry Tree Wealth Management LLC now owns 95 shares of the electric vehicle producer's stock valued at $25,000 after buying an additional 44 shares during the last quarter.  First PREMIER Bank boosted its holdings in shares of  Tesla by 79.2% in the 1st quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer's stock valued at $25,000 after buying an additional 42 shares during the last quarter.  Newton One Investments LLC increased its stake in shares of  Tesla by 250.0% during the 1st quarter. Newton One Investments LLC now owns 105 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 75 shares during the last quarter.  Arcadia Investment Management Corp MI acquired a new position in  Tesla during the first quarter worth approximately $27,000.  Finally, True Wealth Design LLC increased its position in  Tesla by 79.5% during the fourth quarter. True Wealth Design LLC now owns 70 shares of the electric vehicle producer's stock worth $28,000 after buying an additional 31 shares during the last quarter. 66.20% of the stock is owned by institutional investors. </p><h2>Tesla Price Performance</h2><p>Shares of Tesla stock opened at $328.49 on Tuesday. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.06 trillion, a PE ratio of 180.49, a price-to-earnings-growth ratio of 12.56 and a beta of 2.39. The business's 50-day moving average price is $326.27 and its 200-day moving average price is $316.26. Tesla, Inc. has a 12 month low of $182.00 and a 12 month high of $488.54. </p><ul><li>TSLA Earnings Week: Can Tesla Break Through $350?</li></ul><p>Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The electric vehicle producer reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.26). The business had revenue of $19.34 billion during the quarter, compared to analysts' expectations of $22.93 billion. Tesla had a return on equity of 9.02% and a net margin of 6.66%. During the same quarter last year, the business posted $0.45 EPS.  Sell-side analysts forecast that  Tesla, Inc. will post 2.56 EPS for the current fiscal year. </p><h2>Analyst Ratings Changes</h2><p>A number of brokerages recently commented on TSLA. JPMorgan Chase &amp; Co. decreased their price target on shares of Tesla from $120.00 to $115.00 and set an &#34;underweight&#34; rating on the stock in a research note on Wednesday, April 23rd. Cantor Fitzgerald  set a $355.00 target price on Tesla and gave the stock an &#34;overweight&#34; rating in a report on Monday. Piper Sandler  reissued an &#34;overweight&#34; rating and set a $400.00 target price on shares of Tesla in a report on Tuesday, June 10th. Barclays dropped their target price on Tesla from $325.00 to $275.00 and set an &#34;equal weight&#34; rating for the company in a report on Monday, April 21st. Finally, Morgan Stanley  reiterated an &#34;overweight&#34; rating and issued a $410.00 price target on shares of Tesla in a research report on Friday, June 6th. Ten research analysts have rated the stock with a sell rating, fourteen have issued  a hold rating, seventeen have issued  a buy rating and one  has assigned  a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of &#34;Hold&#34; and an average target price of $298.97.</p><ul><li>MarketBeat Week in Review – 07/14 - 07/18</li></ul><p><b>Check Out Our Latest Stock Report on TSLA</b></p><h2>Insider Buying and Selling</h2><p>In related news, Director Ira Matthew Ehrenpreis sold 477,572 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $357.30, for a total value of $170,636,475.60. Following the completion of the transaction, the director directly owned 855,394 shares in the company, valued at $305,632,276.20. The trade was a 35.83% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, CFO Vaibhav Taneja sold 6,000 shares of the firm's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $341.02, for a total value of $2,046,120.00. Following the completion of the transaction, the chief financial officer owned 1,950 shares in the company, valued at approximately $664,989. This trade represents a 75.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 835,509 shares of company stock worth $279,420,485 over the last 90 days. 20.70% of the stock is currently owned by company insiders. </p><h2>Tesla Company Profile</h2> (Free Report)<p>Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.</p><h2>See Also</h2><ul><li>Five stocks we like better than Tesla</li><li>How to Capture the Benefits of Dividend Increases</li><li>GameStop: Clarity Brings Renewed Confusion for Meme Stock</li><li>What Makes a Stock a Good Dividend Stock?</li><li>D-Wave Rises 12% in 1 Day, Beating Rivals: What Caused the Spike?</li><li>How to trade using analyst ratings</li><li>Rigetti Soars 30% on Latest Quantum Leap: What It Means Long-Term</li></ul><p><strong>Want to see what other hedge funds are holding TSLA?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNMQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNMQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Tesla Right Now?</h2><p>Before you consider Tesla, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tesla wasn't on the list.</p><p>While Tesla currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Crestwood Advisors Group LLC reduced its stake in Tesla, Inc. (NASDAQ:TSLA) by 8.4% in Q1, selling 840 shares, leaving them with 9,113 shares valued at $2.36 million. Other institutional investors also adjusted their holdings, with Cherry Tree Wealth Management increasing its stake by 86.3%. Tesla's stock opened at $328.49, with a market cap of $1.06 trillion. The company reported Q1 earnings of $0.27 per share, missing estimates, and analysts have mixed ratings on the stock, with an average target price of $298.97.</p>

- Crestwood Advisors Group LLC reduced its Tesla holdings by 8.4% in Q1, owning 9,113 shares valued at $2,362,000 after selling 840 shares.  
- Other institutional investors, such as Cherry Tree Wealth Management and First PREMIER Bank, increased their Tesla stakes significantly during the same period.  
- Tesla's stock opened at $328.49, with a market cap of $1.06 trillion, and the company reported earnings of $0.27 per share, missing estimates.

Crestwood Advisors Group LLC Sells 840 Shares of Tesla, Inc. (NASDAQ:TSLA)