JPMorgan Chase has strengthened its bet on Tesla, lifting its holding in the electric-vehicle maker by about 17% in the second quarter and becoming Tesla’s fifth-largest shareholder, according to a client communication seen on 21 Aug. 2025. In the same note, the bank described Tesla’s Full Self-Driving software as “the future of transport,” underscoring a bullish view that contrasts with recent skepticism over slowing electric-vehicle demand and political risks. The repositioning by one of the world’s largest investment banks adds to evidence that major investors are re-engaging with the stock. Market data this week show Tesla returning to the ranks of top hedge-fund holdings for the first time since 2022, even as Wall Street price targets continue to diverge widely, ranging from below $20 to more than $500 a share. Separately on Thursday, Tesla said a battery fire at one of its factories earlier in the day caused no injuries and will not disrupt vehicle production, limiting operational fallout from the incident. Regulatory scrutiny also remains in focus. The U.S. National Highway Traffic Safety Administration has opened an audit query into potential delays in Tesla’s reporting of crashes involving advanced driver-assistance systems, seeking to determine the cause and scope of any late filings.