Tesla (NASDAQ:TSLA – Get Free Report)‘s stock had its “sell” rating reaffirmed by research analysts at Glj Research in a research report issued to clients and investors on Tuesday,Benzinga reports.
TSLA has been the subject of a number of other reports. President Capital boosted their price objective on Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a research note on Monday, April 27th. HSBC reissued a “hold” rating on shares of Tesla in a research note on Monday, June 15th. Oppenheimer reaffirmed a “market perform” rating on shares of Tesla in a report on Thursday, June 11th. Robert W. Baird decreased their price target on Tesla from $538.00 to $522.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. Finally, Sanford C. Bernstein raised Tesla from an “underperform” rating to an “outperform” rating in a research note on Friday, June 5th. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $414.92.
Get Our Latest Stock Report on TSLA
Tesla Stock Down 1.3%
Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The firm had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm’s revenue was up 25.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.33 EPS. Equities research analysts forecast that Tesla will post 1.34 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $8,147,700. The trade was a 14.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 32,015 shares of company stock worth $12,383,640 in the last quarter. Company insiders own 19.90% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in shares of Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after acquiring an additional 6,538,720 shares in the last quarter. State Street Corp grew its holdings in Tesla by 0.9% in the fourth quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock worth $51,647,164,000 after purchasing an additional 1,080,085 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Tesla by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after purchasing an additional 375,946 shares in the last quarter. Norges Bank purchased a new stake in shares of Tesla during the 4th quarter valued at $17,128,100,000. Finally, Amundi boosted its position in shares of Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after purchasing an additional 2,727,141 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Key Headlines Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla’s Q2 revenue beat estimates, supported by strong deliveries and record quarterly sales momentum, which helps the long-term growth narrative. Compared to Estimates, Tesla (TSLA) Q2 Earnings: A Look at Key Metrics
- Positive Sentiment: Management continues to highlight robotaxi expansion and broader AI/autonomy ambitions, which keeps speculative upside in focus for investors looking beyond the auto business. Tesla expands robotaxi service to Orlando, Tampa ahead of earnings
- Neutral Sentiment: Analysts and traders are awaiting the earnings call for more detail on margins, cash flow, FSD adoption, and the timing of Cybercab/Optimus commercialization. Tesla set to report second-quarter results after the bell
- Negative Sentiment: Earnings per share missed expectations, margins shrank, and free cash flow turned negative, reinforcing investor concerns that Tesla’s growth is coming with heavier cost pressure than expected. Elon Musk’s Tesla posts cash burn as capex surges on AI, robotaxi push
- Negative Sentiment: Heavy AI and robotaxi spending, plus signs that some production timelines are slipping, are increasing scrutiny on whether Tesla can justify its valuation with near-term earnings. Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips
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.
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