<div id="readability-page-1"><p>Thurston Springer Miller Herd &amp; Titak Inc. increased its holdings in  Tesla, Inc. (NASDAQ:TSLA - Free Report) by 761.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor  owned 16,916 shares of the electric vehicle producer's stock after buying an additional 14,953 shares during the period. Tesla accounts for  0.7% of Thurston Springer Miller Herd &amp; Titak Inc.'s holdings, making the stock its 26th largest position. Thurston Springer Miller Herd &amp; Titak Inc.'s holdings in Tesla were worth $5,373,000 as of its most recent SEC filing.</p><ul><li>MarketBeat Week in Review – 09/08 - 09/12</li></ul><p>Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cherry Tree Wealth Management LLC raised its position in shares of  Tesla by 86.3% in the first 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 in the last quarter.  First PREMIER Bank raised its position in shares of  Tesla by 79.2% in the first 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 in the last quarter.  Pacific Center for Financial Services raised its position in shares of  Tesla by 1,616.7% in the fourth quarter. Pacific Center for Financial Services now owns 103 shares of the electric vehicle producer's stock valued at $42,000 after buying an additional 97 shares in the last quarter.  Arcadia Investment Management Corp MI acquired a new stake in shares of  Tesla in the first quarter valued at approximately $27,000.  Finally, Newton One Investments LLC increased its stake in  Tesla by 250.0% in the first quarter. Newton One Investments LLC now owns 105 shares of the electric vehicle producer's stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of brokerages recently issued reports on TSLA. Morgan Stanley  reissued an &#34;overweight&#34; rating and issued a $410.00 price objective on shares of Tesla in a research note on Friday, September 5th. Mizuho decreased their price objective on shares of Tesla from $390.00 to $375.00 and set an &#34;outperform&#34; rating on the stock in a research note on Tuesday, July 8th. Glj Research  reissued a &#34;sell&#34; rating on shares of Tesla in a research note on Thursday, July 24th. Bank of America lifted their price objective on shares of Tesla from $305.00 to $341.00 and gave the company a &#34;neutral&#34; rating in a research note on Monday, July 21st. Finally, Stifel Nicolaus  set a $440.00 price objective on shares of Tesla in a research note on Friday, September 5th. One equities research analyst  has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, fourteen have assigned  a Hold rating and nine have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of &#34;Hold&#34; and a consensus target price of $303.00.</p><ul><li>Tesla's U.S. Market Is At An 8-Year Low... How Bad Could It Get?</li></ul><p><b>Read Our Latest Stock Report on TSLA</b></p><h2>Tesla Stock Performance</h2><p>Shares of Tesla stock opened at $395.94 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.04 and a debt-to-equity ratio of 0.07. Tesla, Inc. has a twelve month low of $212.11 and a twelve month high of $488.54. The stock has a market cap of $1.28 trillion, a price-to-earnings ratio of 228.87, a P/E/G ratio of 12.87 and a beta of 2.06. The company's fifty day moving average is $328.89 and its 200 day moving average is $303.57. </p><ul><li>Is Qualcomm Tesla’s Next Rival in Autonomous Driving?</li></ul><p>Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The electric vehicle producer reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.03). Tesla had a return on equity of 7.98% and a net margin of 6.54%.The business had revenue of $22.50 billion during the quarter, compared to the consensus estimate of $23.18 billion. During the same period in the prior year, the firm earned $0.52 EPS. The business's revenue for the quarter was down 11.8% compared to the same quarter last year.  Sell-side analysts forecast that  Tesla, Inc. will post 2.56 EPS for the current year. </p><h2>Insider Buying and Selling</h2><p>In related news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $352.38, for a total value of $918,302.28. Following the sale, the chief financial officer owned 9,856 shares of the company's stock, valued at $3,473,057.28. The trade was a 20.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Xiaotong Zhu sold 20,000 shares of the business's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the sale, the senior vice president directly owned 47,600 shares in the company, valued at approximately $17,314,500. This represents a 29.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 148,606 shares of company stock valued at $51,999,662 over the last 90 days. 20.70% of the stock is owned by insiders. </p><h2>About Tesla</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>Featured Articles</h2><ul><li>Five stocks we like better than Tesla</li><li>Election Stocks: How Elections Affect the Stock Market</li><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li><li>3 Must-Buy Warren Buffett Stocks for Volatile Times</li><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li><li>The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number</li><li>Meta's $600B U.S. Investment: Bearish or Bullish for Shares? </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>Thurston Springer Miller Herd & Titak Inc. significantly increased its stake in Tesla, Inc. by 761.7% in Q2, now holding 16,916 shares valued at $5.37 million. This makes Tesla 0.7% of their portfolio. Other institutional investors also raised their positions in Tesla. Analysts have mixed ratings on Tesla, with a consensus target price of $303.00. Tesla's stock opened at $395.94, with a market cap of $1.28 trillion and a P/E ratio of 228.87. The company reported Q2 earnings of $0.40 per share, missing estimates, with revenue down 11.8% year-over-year.</p>

- Thurston Springer Miller Herd & Titak Inc. increased its Tesla holdings by 761.7% in Q2, owning 16,916 shares valued at $5,373,000.  
- Other institutional investors also raised their positions, with Cherry Tree Wealth Management increasing by 86.3% and First PREMIER Bank by 79.2%.  
- Tesla's stock has a market cap of $1.28 trillion, with a current price of $395.94, and analysts maintain a consensus rating of "Hold" with a target price of $303.00.

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Thurston Springer Miller Herd & Titak Inc. Has $5.37 Million Stake in Tesla, Inc. $TSLA