Tesla (NASDAQ:TSLA) Sets New 12-Month High on Analyst Upgrade

Tesla, Inc. (NASDAQ:TSLA) hit a new 52-week high during mid-day trading on Monday after Canaccord Genuity Group raised their price target on the stock from $482.00 to $551.00. Canaccord Genuity Group currently has a buy rating on the stock. Tesla traded as high as $496.74 and last traded at $491.6860, with a volume of 11755738 shares traded. The stock had previously closed at $481.20.

TSLA has been the subject of a number of other research reports. TD Cowen raised their price objective on Tesla from $374.00 to $509.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Bank of America raised their price target on shares of Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Piper Sandler reaffirmed an “overweight” rating and issued a $500.00 price target on shares of Tesla in a report on Tuesday, December 9th. President Capital raised their price objective on shares of Tesla from $373.00 to $529.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $414.50.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. 19.90% of the stock is owned by corporate insiders.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Autonomy/FSD progress: drivers and rivals praised Tesla’s latest Full Self‑Driving (Supervised) update (v14.2.2), supporting the company’s longer‑term robotaxi/AI narrative that’s lifting valuation expectations. Tesla’s New FSD Software Earns Solid Praise from Drivers and Competitors
• Positive Sentiment: Technical breakout toward $500: the stock recently printed fresh highs and is trading around a key psychological level; analysts argue that a sustained close above $500 would flip resistance into support and likely attract more momentum buyers. Tesla Is Knocking on $500 Again—Here’s What It Means For January
• Positive Sentiment: Analyst upgrades/price‑target lifts: Canaccord bumped its price target to $551 with a Buy rating and several other brokers (Deutsche Bank, Wedbush, Mizuho) have reiterated bullish targets — reinforcing buy‑side conviction into year‑end. Canaccord Adjusts Price Target on Tesla to $551 From $482
• Positive Sentiment: Legal win for CEO boosts sentiment: the Delaware Supreme Court reinstated Elon Musk’s 2018 compensation package, which earlier sparked rallies and reinforced CEO alignment with equity holders. That ruling helped lift sentiment into recent trading sessions. Stock Market Today: Tesla Shares Jump After Court Reinstates Elon Musk Pay Deal
• Neutral Sentiment: Mixed analyst signals: some firms raised price targets but flagged autonomy‑driven volatility or kept cautious ratings — expect continued headline‑driven swings rather than a steady trend. Truist Flags Autonomous Driving Volatility Despite Higher Tesla Price Target
• Neutral Sentiment: Social/market buzz: chatter on Cybertruck pricing, robotaxi timelines and heavy options activity is keeping TSLA in focus — fuels momentum but increases short‑term noise. Tesla Stock Opinions on Cybertruck Pricing and Robotaxi Developments
• Neutral Sentiment: Options and trading flows are elevated: heightened options interest can amplify intraday moves; monitor volume/put‑call skew if you trade volatility. Tesla’s Options Frenzy: What You Need to Know
• Negative Sentiment: Delivery and demand risk: a five‑star analyst warns Tesla may miss Q4 delivery targets and Canaccord also trimmed Q4 delivery estimates — near‑term delivery misses would be a clear negative catalyst. Five‑Star Analyst Says Tesla Likely to Miss Q4 Delivery Targets
• Negative Sentiment: Sales slowdown in key markets: reports show November European sales fell and BYD is gaining share — sustained share losses could pressure margins and growth expectations. Elon Musk‑Led Tesla’s European Decline Continues With November Sales Down Almost 12%
• Negative Sentiment: Regulatory/safety scrutiny: new reporting says Musk was warned years ago about electric door‑handle risks; regulators are now probing door failures — any recall or enforcement action would be costly and damaging to sentiment. Musk warned years ago about Tesla door handle safety risks: report
• Negative Sentiment: Bearish warnings and notable selling: at least one analyst reiterates a deep downside scenario (large implied drop), and ARK/Cathie Wood have trimmed TSLA exposure — these headlines can amplify downside if delivery or regulatory issues emerge. ‘Sell’ TSLA Stock Now? Analyst Predicts 50% Plunge in 2026

Hedge Funds Weigh In On Tesla

Institutional investors have recently modified their holdings of the company. Brighton Jones LLC boosted its position in shares of Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after buying an additional 9,293 shares during the period. Revolve Wealth Partners LLC increased its stake in Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after buying an additional 931 shares during the period. Bison Wealth LLC lifted its position in Tesla by 52.2% in the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after purchasing an additional 3,558 shares during the period. AlphaQuest LLC lifted its holdings in shares of Tesla by 34.2% in the first quarter. AlphaQuest LLC now owns 259 shares of the electric vehicle producer’s stock valued at $67,000 after buying an additional 66 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Tesla by 13.0% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 16,065 shares of the electric vehicle producer’s stock valued at $4,164,000 after purchasing an additional 1,849 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Down 0.6%

The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. The stock has a market capitalization of $1.61 trillion, a P/E ratio of 323.71, a PEG ratio of 12.35 and a beta of 1.87. The stock’s fifty day moving average is $442.16 and its two-hundred day moving average is $383.92.

Tesla (NASDAQ:TSLA) last announced its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same period in the previous year, the firm earned $0.72 earnings per share. Tesla’s revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, research analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

About Tesla

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.