Robert W. Baird Cuts Tesla (NASDAQ:TSLA) Price Target to $538.00

Tesla (NASDAQ:TSLA) had its price target trimmed by Robert W. Baird from $548.00 to $538.00 in a report released on Thursday morning,MarketScreener reports. The brokerage currently has an outperform rating on the electric vehicle producer’s stock.

A number of other analysts also recently commented on TSLA. Benchmark restated a “buy” rating on shares of Tesla in a report on Wednesday, February 11th. Phillip Securities reduced their target price on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a report on Monday, February 2nd. Barclays restated a “neutral” rating on shares of Tesla in a research note on Wednesday, March 4th. Bank of America began coverage on Tesla in a report on Wednesday, March 4th. They issued a “buy” rating and a $460.00 price objective on the stock. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have issued a Sell rating to the stock. According to MarketBeat.com, Tesla presently has a consensus rating of “Hold” and an average target price of $402.61.

Tesla Price Performance

TSLA opened at $360.59 on Thursday. Tesla has a 1 year low of $214.25 and a 1 year high of $498.83. The company’s 50 day simple moving average is $401.06 and its 200 day simple moving average is $427.55. The stock has a market capitalization of $1.35 trillion, a PE ratio of 333.88, a P/E/G ratio of 10.69 and a beta of 1.91. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. Tesla’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.73 earnings per share. As a group, sell-side analysts expect that Tesla will post 2.56 EPS for the current year.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares of the company’s stock, valued at $12,166,913.80. The trade was a 43.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 53,804 shares of company stock worth $20,865,598 over the last three months. 19.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Tesla

Several large investors have recently bought and sold shares of the company. J. Derek Lewis & Associates Inc. purchased a new stake in Tesla during the 4th quarter worth $18,466,000. Purpose Unlimited Inc. purchased a new position in Tesla in the 4th quarter valued at about $328,776,000. Cornerstone Planning LLC purchased a new position in Tesla in the 4th quarter valued at about $665,000. AMG Asset Management Group Inc. acquired a new stake in shares of Tesla during the fourth quarter valued at about $610,000. Finally, Forty three Eighteen Advisors LLC purchased a new stake in shares of Tesla during the fourth quarter worth about $2,784,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China demand pickup — China‑made EV shipments rose ~8.7% in March, signaling improving momentum in Tesla’s largest market. Read More.
• Positive Sentiment: Japan expansion — Tesla plans to double down in Japan (targeting ~60 stores) to chase top imported‑car position, a growth avenue outside core markets. Read More.
• Neutral Sentiment: SpaceX IPO narrative — A potential SpaceX IPO is resurfacing merger/partnership chatter that could influence investor sentiment, but it’s a longer‑dated, narrative‑driven factor rather than an immediate catalyst for Tesla’s fundamentals. Read More.
• Neutral Sentiment: Software/AI progress — FSD v14.3 is in employee beta and Tesla continues to pitch AI/robotics (Optimus/Cybercab) as future growth levers; meaningful monetization remains uncertain and farther out. Read More.
• Negative Sentiment: Delivery miss & inventory build — Q1 deliveries (358,023) missed consensus; production outpaced deliveries by ~50k units, prompting concerns about softer demand, potential markdowns and near‑term margin pressure. This is the primary reason the shares moved lower. Read More.
• Negative Sentiment: Energy storage slowdown — Energy storage deployments (reported 8.8 GWh) fell short of expectations and declined sequentially, testing Tesla’s diversification narrative and cash‑generation hopes. Read More.
• Negative Sentiment: Analyst cuts & sentiment hit — Multiple firms (Goldman, Truist, Baird and others) trimmed price targets and tone after the delivery report, increasing near‑term downside risk as estimates are reworked. Read More.
• Negative Sentiment: Capex & execution concerns — Barclays flagged rising capex needs as Tesla pivots toward AI, robotics and autonomy, which could mean higher capital intensity and pressure on free cash flow. Read More.
• Negative Sentiment: Leases & earnings risk — A returning wave of lease returns and used‑vehicle supply could weigh on used prices and upcoming earnings, per industry commentary. Read More.
• Negative Sentiment: Insider selling & workforce shrink — A Tesla director disclosed a ~$9.27M share sale and reports show the Texas factory workforce shrank ~22% in 2025, both raising questions about demand/execution near term. Read More.

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.