Gladstone Capital Management Llp, managed by David Gladstone, recently executed a significant transaction involving Tesla Motors ((TSLA)). The hedge fund increased its position by 192,288 shares.
Recent Updates on Tesla Motors stock
Recent developments in Tesla Motors (TSLA) stock show a complex mix of achievements and challenges. Despite missing Q4 earnings expectations with a significant EBIT miss and declining automotive margins, Tesla’s shares rose due to optimism over future growth plans, including new vehicle models, advancements in Full Self Driving technology, and robust energy storage deployments. The Model Y became the best-selling vehicle globally in 2024, although the company faces hurdles such as production issues, regulatory concerns, and competition from Chinese EV makers. Analysts have mixed views, with some raising price targets while others remain cautious. The year-to-date price performance is down by 13.39%, and the company continues to focus on growth in autonomy and AI, despite short-term financial underperformance.
More about Tesla Motors
YTD Price Performance: -6.15%
Average Trading Volume: 82,640,158
Current Market Cap: $1144.9B
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