Tesla (NASDAQ:TSLA) Stock Price Up 1.6% Following Analyst Upgrade

Tesla, Inc. (NASDAQ:TSLA) shares traded up 1.6% 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 $498.83 and last traded at $488.73. 86,230,449 shares traded hands during trading, a decline of 13% from the average session volume of 98,767,727 shares. The stock had previously closed at $481.20.

A number of other analysts have also issued reports on TSLA. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a report on Thursday, October 30th. Stifel Nicolaus upped their target price on Tesla from $483.00 to $508.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Barclays reissued a “neutral” rating and set a $350.00 price target on shares of Tesla in a research report on Monday, December 1st. Needham & Company LLC restated a “hold” rating on shares of Tesla in a report on Thursday, October 23rd. Finally, Piper Sandler reiterated an “overweight” rating and set a $500.00 target price on shares of Tesla in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average 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 company’s stock in a transaction 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 transaction, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 19.90% of the company’s stock.

Key Tesla News

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

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Tesla by 0.4% in the third quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer’s stock valued at $112,241,237,000 after purchasing an additional 995,623 shares during the period. State Street Corp boosted its position in Tesla by 0.3% in the third quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer’s stock valued at $50,592,614,000 after buying an additional 344,162 shares during the last quarter. Geode Capital Management LLC increased its holdings in Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after buying an additional 1,269,304 shares during the period. Capital World Investors raised its position in Tesla by 5.8% during the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after buying an additional 2,403,019 shares during the last quarter. Finally, Norges Bank acquired a new stake in Tesla during the 2nd quarter valued at approximately $11,839,824,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla Price Performance

The firm has a market capitalization of $1.61 trillion, a PE ratio of 323.71, a P/E/G ratio of 12.35 and a beta of 1.87. The firm’s fifty day moving average price is $442.16 and its 200 day moving average price is $383.92. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07.

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

Tesla Company Profile

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.