<div id="readability-page-1"><p>ICONIQ Capital LLC grew its stake in shares of  Tesla, Inc. (NASDAQ:TSLA - Free Report) by 21.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor  owned 14,576 shares of the electric vehicle producer's stock after acquiring an additional 2,534 shares during the quarter. ICONIQ Capital LLC's holdings in Tesla were worth $4,630,000 as of its most recent SEC filing.</p><ul><li>MarketBeat Week in Review – 12/8 - 12/12</li></ul><p>Several other institutional investors also recently bought and sold shares of TSLA. Norges Bank bought a new position in shares of  Tesla in the second quarter worth approximately $11,839,824,000.  Kingstone Capital Partners Texas LLC lifted its position in  Tesla by 581,880.5% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer's stock valued at $2,044,683,000 after acquiring an additional 6,435,598 shares in the last quarter.  Vanguard Group Inc. boosted its stake in  Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock valued at $79,856,764,000 after purchasing an additional 4,502,976 shares during the last quarter.  Amundi increased its holdings in shares of  Tesla by 29.4% in the 1st quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock worth $4,482,789,000 after purchasing an additional 3,814,610 shares in the last quarter.  Finally, Caxton Associates LLP purchased a new position in shares of  Tesla in the first quarter worth $469,339,000. 66.20% of the stock is owned by hedge funds and other institutional investors. </p><h2>Tesla Price Performance</h2><p>NASDAQ TSLA opened at $458.96 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. The business's fifty day moving average is $435.52 and its 200 day moving average is $376.19. The company has a market capitalization of $1.53 trillion, a PE ratio of 305.97, a price-to-earnings-growth ratio of 15.09 and a beta of 1.87. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $488.54. </p><ul><li>Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal</li></ul><p>Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. The firm had revenue of $28.10 billion for the quarter, compared to analysts' expectations of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business's quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.72 EPS.  Sell-side analysts predict that  Tesla, Inc. will post 2.56 earnings per share for the current year. </p><h2>Insiders Place Their Bets</h2><p>In related news, CFO Vaibhav Taneja sold 2,637 shares of the company's stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the transaction, the chief financial officer owned 13,757 shares of the company's stock, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $422.68, for a total value of $25,360,800.00. Following the sale, the director directly owned 637,031 shares in the company, valued at approximately $269,260,263.08. This represents a 8.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 119,457 shares of company stock worth $52,137,945 over the last three months. 19.90% of the stock is currently owned by company insiders. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li></ul><p>Several equities research analysts recently commented on the company. Glj Research  reiterated a &#34;sell&#34; rating on shares of Tesla in a report on Wednesday, October 22nd. TD Cowen boosted their price objective on shares of Tesla from $374.00 to $509.00 and gave the company a &#34;buy&#34; rating in a report on Thursday, October 9th. Robert W. Baird upgraded shares of Tesla from a &#34;neutral&#34; rating to an &#34;outperform&#34; rating and increased their price objective for the company from $320.00 to $548.00 in a research report on Friday, September 19th. Cantor Fitzgerald  set a $510.00 target price on shares of Tesla and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, October 23rd. Finally, New Street Research increased their price target on Tesla from $465.00 to $520.00 and gave the company a &#34;buy&#34; rating in a report on Thursday, October 23rd. One research analyst  has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have issued  a Hold rating and nine have issued  a Sell rating to the company's stock. According to data from MarketBeat.com, the stock  has an average rating of &#34;Hold&#34; and an average target price of $399.33.</p><p><b>Check Out Our Latest Report on Tesla</b></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 Stories</h2><ul><li>Five stocks we like better than Tesla</li><li>How Investors Can Identify and Successfully Trade Gap-Down Stocks</li><li>MarketBeat Week in Review – 12/8 - 12/12</li><li>Why Understanding Call Option Volume is Essential to Successful Options Trading</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>Find and Profitably Trade Stocks at 52-Week Lows</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</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 reporting and unbiased coverage. 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>ICONIQ Capital LLC grew its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 21.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).</p>

- ICONIQ Capital LLC increased its stake in Tesla, Inc. by 21.0% in Q2, owning 14,576 shares valued at $4,630,000.  
- Other institutional investors, including Norges Bank and Kingstone Capital Partners, also significantly increased their holdings in Tesla during the same period.  
- Tesla reported earnings of $0.50 per share for the last quarter, exceeding expectations, with a revenue of $28.10 billion, reflecting an 11.6% year-over-year increase.

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ICONIQ Capital LLC Buys 2,534 Shares of Tesla, Inc. $TSLA