Tesla (NASDAQ:TSLA) Given “Sell” Rating at Glj Research

Tesla (NASDAQ:TSLA)‘s stock had its “sell” rating reaffirmed by equities research analysts at Glj Research in a research report issued on Thursday, Benzinga reports.

TSLA has been the topic of a number of other reports. William Blair restated a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. Jefferies Financial Group restated a “hold” rating and set a $400.00 price target (up from $350.00) on shares of Tesla in a research report on Monday. KeyCorp upgraded shares of Tesla to a “sector weight” rating in a research report on Monday, September 28th. Roth Capital restated a “buy” rating and set a $505.00 price target on shares of Tesla in a research report on Thursday, July 23rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $412.33.

Tesla Stock Performance

Tesla stock traded down $5.81 during midday trading on Thursday, reaching $361.35. 19,782,144 shares of the stock traded hands, compared to its average volume of 50,706,441. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average price of $358.60 and a two-hundred day moving average price of $377.05. The firm has a market cap of $1.43 trillion, a price-to-earnings ratio of 334.37, a PEG ratio of 24.37 and a beta of 1.92. Tesla has a fifty-two week low of $297.38 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA) last posted its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 earnings per share. On average, equities research analysts forecast that Tesla will post 0.69 earnings per share for the current year.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the sale, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by company insiders.

Institutional Trading of Tesla

Several large investors have recently added to or reduced their stakes in the company. State Street Corp raised its holdings in shares of Tesla by 2.4% during the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after buying an additional 2,761,298 shares during the last quarter. Amundi raised its holdings in shares of Tesla by 14.0% during the first quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock valued at $8,243,513,000 after buying an additional 2,727,141 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of Tesla by 3,205.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after buying an additional 20,810,386 shares during the last quarter. Legal & General Group Plc bought a new stake in shares of Tesla during the second quarter valued at approximately $8,535,612,000. Finally, Invesco Ltd. raised its holdings in shares of Tesla by 14.0% during the fourth quarter. Invesco Ltd. now owns 16,980,122 shares of the electric vehicle producer’s stock valued at $7,636,301,000 after buying an additional 2,082,813 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is set to unveil its long-delayed next-generation Roadster, potentially featuring SpaceX-assisted thrusters, a targeted range of roughly 620 miles and sub-one-second acceleration. The event could renew enthusiasm around Tesla’s technology and brand, although commercial timing and production details remain important. Tesla set to unveil next-generation Roadster
• Positive Sentiment: A reported 1-gigawatt-hour Megapack order from Apollo Power highlights potential growth in grid storage tied to artificial-intelligence data centers. Tesla has also opened its first heavy-duty Megacharger site with 12 more under construction, expanding its energy and commercial-vehicle opportunities. TSLA Megapack order
• Positive Sentiment: Tesla’s Cybercab fleet in Austin has reportedly expanded rapidly, supporting the company’s robotaxi ambitions. California legislation supporting virtual power plants could also benefit Tesla’s energy-storage business. Tesla robotaxi fleet expansion
• Neutral Sentiment: Speculation about a Tesla-SpaceX merger has attracted attention following a Barclays note, but no agreement has been announced. Prediction-market skepticism suggests investors view the possibility as highly uncertain. Tesla and SpaceX merger speculation
• Negative Sentiment: Analysts and commentators continue to question whether Tesla’s valuation is justified as automotive margins weaken, free cash flow turns negative and planned 2026 capital spending exceeds $25 billion. A “sell” rating was also reaffirmed by GLJ Research.
• Negative Sentiment: Competition is intensifying: General Motors is challenging Tesla on affordability and autonomous driving, while Alphabet’s Waymo threatens the premium attached to Tesla’s robotaxi narrative. Investors are also awaiting answers on Cybercab commercialization, FSD upgrades and robotaxi economics. Waymo competition with Tesla
• Negative Sentiment: Ahead of Tesla’s October 21 earnings report, expectations call for declining earnings, with vehicle deliveries reportedly below the prior year despite exceeding estimates. This keeps automotive revenue and margin performance at the center of near-term investor concern.

Tesla Company Profile

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.