Glj Research Reaffirms "Sell" Rating for Tesla (NASDAQ:TSLA)

Tesla (NASDAQ:TSLA - Get Free Report)'s stock had its "sell" rating reissued by equities researchers at Glj Research in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $24.86 target price on the electric vehicle producer's stock. Glj Research's price target suggests a potential downside of 92.61% from the stock's previous close.

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Several other analysts have also weighed in on TSLA. Phillip Securities lowered their price objective on Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a report on Wednesday, May 13th. Stifel Nicolaus set a $491.00 target price on Tesla and gave the stock a "buy" rating in a report on Monday, August 3rd. Evercore raised Tesla from a "hold" rating to an "outperform" rating in a research report on Friday, June 5th. Wedbush restated an "outperform" rating and set a $600.00 price objective on shares of Tesla in a research note on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft set a $420.00 price objective on shares of Tesla in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, nineteen have given a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $401.73.

Check Out Our Latest Stock Report on TSLA

Tesla Trading Down 0.9%

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NASDAQ TSLA opened at $336.30 on Tuesday. The company has a market capitalization of $1.33 trillion, a price-to-earnings ratio of 314.37, a price-to-earnings-growth ratio of 17.28 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla has a 12 month low of $297.38 and a 12 month high of $498.83. The company's fifty day moving average price is $369.38 and its two-hundred day moving average price is $389.21.

Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same period in the previous year, the firm posted $0.33 EPS. Tesla's revenue for the quarter was up 25.5% on a year-over-year basis. As a group, research analysts predict that Tesla will post 0.88 earnings per share for the current fiscal year.

Insider Activity

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In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the sale, the chief financial officer owned 22,039 shares of the company's stock, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company's stock.

Institutional Investors Weigh In On Tesla

Large investors have recently added to or reduced their stakes in the stock. Chapman Financial Group LLC bought a new stake in Tesla in the 2nd quarter valued at about $26,000. Davidson Capital Management Inc. grew its position in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 27 shares during the last quarter. Friedenthal Financial increased its stake in shares of Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 30 shares during the period. Turning Point Benefit Group Inc. bought a new stake in shares of Tesla during the third quarter valued at approximately $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in shares of Tesla during the third quarter worth approximately $31,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Large Tesla Semi order: Swedish trucking company Einride plans to purchase and deploy 500 Tesla Semis across North America over the next two years, beginning in September. The deal—potentially Tesla’s largest heavy-duty electric-truck deployment—could improve visibility for Tesla’s commercial vehicle business and validate demand from Amazon and other freight customers. Reuters article
• Positive Sentiment: Cybercab launch progress: Tesla reportedly plans to begin employee rides and potentially launch its steering-wheel- and pedal-free Cybercab on public roads in Austin this month. A successful rollout would provide a major test of Tesla’s robotaxi strategy and could support the company’s long-term growth narrative. Reuters article
• Neutral Sentiment: SpaceX-related speculation: Former Tesla President Jon McNeill suggested the upcoming Roadster demonstration could deepen ties between Tesla and SpaceX, while prediction markets continue to discuss a possible merger. These reports may attract attention but are speculative and do not represent a confirmed Tesla transaction. Benzinga article
• Negative Sentiment: Valuation and profitability concerns: Analysts and investors are focusing on Tesla’s lofty valuation after its latest quarter showed lower earnings than expected, falling operating profit and negative free cash flow despite strong revenue and deliveries. The company’s thin net margin makes the stock particularly dependent on future autonomy growth.
• Negative Sentiment: Competitive and macroeconomic pressure: BYD continues to lead Tesla in global EV sales, while reports of another Full Self-Driving setback raise questions about the timing and regulatory path for robotaxis. Separately, sharply higher Treasury yields are pressuring expensive, long-duration growth stocks such as TSLA.

About Tesla

(Get Free Report)

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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