Tesla (NASDAQ:TSLA) Trading Down 1.7% Following Analyst Downgrade

Tesla, Inc. (NASDAQ:TSLA) was down 1.7% during trading on Tuesday after President Capital lowered their price target on the stock from $500.00 to $424.00. President Capital currently has a buy rating on the stock. Tesla traded as low as $337.24 and last traded at $346.65. Approximately 70,024,895 shares were traded during trading, an increase of 12% from the average daily volume of 62,312,242 shares. The stock had previously closed at $352.82.

TSLA has been the subject of several other research reports. William Blair reiterated a “market perform” rating on shares of Tesla in a research note on Friday, January 2nd. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research note on Thursday, March 26th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Tesla from $500.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Cantor Fitzgerald reiterated an “overweight” rating and set a $510.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Finally, Bank of America started coverage on shares of Tesla in a research note on Wednesday, March 4th. They set a “buy” rating and a $460.00 price objective for the company. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $400.44.

Insider Buying and Selling

In other Tesla news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the transaction, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 53,804 shares of company stock worth $20,865,598 in the last 90 days. 19.90% of the stock is currently owned by company insiders.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla released Full Self-Driving (FSD) 14.3 (“Sentient”) this week, which sparked a rally and is being cited as a near-term product catalyst for revenue/upsell potential. Tesla Releases ‘Sentient’ FSD 14.3. The Stock Jumps.
• Positive Sentiment: Ark Invest/Cathie Wood purchased Tesla shares on the dip, providing visible institutional support and short-term buying interest. Cathie Wood Buys Tesla, TSLA Adds Robinhood
• Positive Sentiment: Tesla is expanding the Model Y L (six-seat variant) across multiple Asian markets, which could help regional sales as the company chases growth outside North America. Is Tesla’s Model Y L Expansion Set to Boost Sales in Asia?
• Neutral Sentiment: Intel’s Terafab project names Tesla (and other Musk companies) as potential customers — a positive for long-term chip supply for EV/AI ambitions, but its impact on near-term auto cash flow and margins is uncertain. Intel teams up with SpaceX, Tesla and xAI on TeraFab project
• Negative Sentiment: Tesla’s Q1 deliveries missed expectations (358,023 vs. ~365,645 consensus) and the company reported a record inventory build, stoking demand concerns and direct selling pressure. What’s next for Tesla after a disappointing EV delivery report
• Negative Sentiment: JPMorgan reiterated an Underweight/sell viewpoint and a $145 price target (~60% downside), citing inventory, slowing EV market share and uncertainty that AI/robotics will replace near-term automotive earnings weakness. That bearish call is amplifying today’s weakness. Tesla (TSLA) down 20% in 2026 — JPMorgan sees another 60% downside
• Negative Sentiment: Analysts warn of a large free-cash-flow swing into negative territory for 2026 (reports cite a ~$43.9B swing), which raises financing and valuation questions if growth stalls. Tesla Faces $43.9 Billion Free Cash Flow Swing As 2026 Outlook Turns Negative

Institutional Trading of Tesla

Several large investors have recently made changes to their positions in TSLA. Networth Advisors LLC purchased a new stake in shares of Tesla in the 4th quarter valued at $26,000. Chapman Financial Group LLC purchased a new stake in shares of Tesla in the 2nd quarter valued at $26,000. Davidson Capital Management Inc. boosted its holdings in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after acquiring an additional 27 shares during the last quarter. Manning & Napier Advisors LLC purchased a new stake in shares of Tesla in the 3rd quarter valued at $29,000. Finally, CoreFirst Bank & Trust purchased a new stake in shares of Tesla in the 2nd quarter valued at $30,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla Price Performance

The firm’s fifty day moving average price is $395.97 and its 200 day moving average price is $425.97. The firm has a market capitalization of $1.29 trillion, a PE ratio of 317.82, a P/E/G ratio of 10.69 and a beta of 1.91. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the prior year, the firm earned $0.73 EPS. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. As a group, equities analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current 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.