Image from MarketBeat Media, LLC. Key Points Baron Wealth Management trimmed its Tesla stake by 24.0% in Q3, selling 1,185 shares and leaving it with 3,759 shares worth $1.672 million (about 0.6% of its portfolio and its 19th largest holding). Significant insider selling: CFO Vaibhav Taneja sold 2,637 shares at about $443.93 and director Kimbal Musk sold 56,820 shares at about $450.66, reducing their ownership stakes. Mixed outlook: Wall Street's consensus is a "Hold" with a $414.50 average target, while Tesla faces near‑term risks — company‑compiled estimates point to roughly 15% fewer Q4 deliveries and analysts flag demand, product and supply concerns despite long‑term AI/robotaxi catalysts. How the Mag 7’s 2025 Laggards Could Turn Into 2026 Winners Several other institutional investors have also recently added to or reduced their stakes in TSLA. Sivia Capital Partners LLC raised its holdings in shares of Tesla by 3.4% during the third quarter. Sivia Capital Partners LLC now owns 12,544 shares of the electric vehicle producer's stock worth $5,579,000 after purchasing an additional 409 shares during the period. Weaver Capital Management LLC raised its stake in Tesla by 29.4% during the third quarter. Weaver Capital Management LLC now owns 10,286 shares of the electric vehicle producer's stock worth $4,574,000 after acquiring an additional 2,335 shares during the period. Clark Asset Management LLC lifted its holdings in Tesla by 3.5% in the third quarter. Clark Asset Management LLC now owns 6,046 shares of the electric vehicle producer's stock worth $2,689,000 after acquiring an additional 206 shares during the last quarter. Armbruster Capital Management Inc. acquired a new position in Tesla in the third quarter valued at approximately $289,000. Finally, Simplify Asset Management Inc. grew its holdings in shares of Tesla by 0.9% during the third quarter. Simplify Asset Management Inc. now owns 24,360 shares of the electric vehicle producer's stock valued at $10,833,000 after purchasing an additional 219 shares during the last quarter. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: