Tesla’s (TSLA) Sell Rating Reaffirmed at Glj Research

Tesla (NASDAQ:TSLA)‘s stock had its “sell” rating reaffirmed by Glj Research in a note issued to investors on Thursday, Benzinga reports.

TSLA has been the subject of a number of other research reports. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Tesla in a report on Friday, September 25th. Tigress Financial reaffirmed a “buy” rating and issued a $550.00 price target on shares of Tesla in a report on Thursday, October 8th. Barclays upped their price target on Tesla from $360.00 to $370.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. BNP Paribas Exane reduced their price target on Tesla from $280.00 to $268.00 and set an “underperform” rating for the company in a report on Thursday, September 24th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, seventeen have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, Tesla has a consensus rating of “Hold” and a consensus price target of $412.33.

Tesla Stock Performance

NASDAQ TSLA opened at $367.16 on Thursday. The stock has a market capitalization of $1.45 trillion, a price-to-earnings ratio of 339.97, a PEG ratio of 24.37 and a beta of 1.92. Tesla has a twelve month low of $297.38 and a twelve month high of $498.83. 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 stock has a 50-day moving average of $358.60 and a 200 day moving average of $377.05.

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

Insider Activity at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the transaction, the chief financial officer owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 owned by insiders.

Hedge Funds Weigh In On Tesla

Hedge funds have recently made changes to their positions in the company. Security National Bank of Sioux City Iowa IA acquired a new position in Tesla in the 2nd quarter valued at about $25,000. Friedenthal Financial increased its position in Tesla by 66.7% in the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after acquiring an additional 30 shares during the period. Harborfront Financial Group LLC acquired a new position in Tesla in the 2nd quarter valued at about $34,000. Lam Group Inc. acquired a new position in Tesla in the 1st quarter valued at about $37,000. Finally, Montgomery Financial Services LLC acquired a new position in Tesla in the 2nd quarter valued at about $40,000. Institutional investors and hedge funds 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 is set to unveil its long-delayed next-generation Roadster, a sports EV expected to start at roughly $200,000. The event could generate publicity and reinforce the company’s premium-performance and technology narrative, although commercial volume is likely to be limited. Tesla set to unveil next generation Roadster sports EV after years of delay
• Positive Sentiment: Tesla’s Cybercab robotaxi fleet in Austin has reportedly expanded sharply, supporting the long-term autonomy investment case that underpins much of TSLA’s valuation. The company is also bringing robotaxi and supervised FSD technology to additional markets. Tesla Robotaxi Fleet in Austin Soars
• Positive Sentiment: Tesla and Pilot have opened their first heavy-duty Megacharger site, with 12 more planned or under construction. The rollout could expand Tesla’s energy and commercial-vehicle opportunity. California legislation supporting virtual power plants may also benefit Tesla’s energy-storage business. Pilot, Tesla open first Megacharger site
• Neutral Sentiment: A Barclays analyst suggested Tesla and SpaceX could merge before December, but prediction markets reportedly assign low odds to the idea. The speculation may attract attention but has not been confirmed by either company. Tesla and SpaceX could merge before December
• Negative Sentiment: Analysts expect third-quarter earnings to decline, with vehicle deliveries down year over year and automotive margins under scrutiny. Investors will also seek details on robotaxi revenue per trip, FSD economics and the path to profitability.
• Negative Sentiment: Tesla expects more than $25 billion in 2026 capital spending. The proposed Terafab semiconductor project could improve supply-chain control, but building and operating an advanced chip fab would add substantial cost and execution risk, potentially requiring outside funding. Tesla Wants to Make Its Own Chips
• Negative Sentiment: China’s price war and rising competition remain headwinds, while Tesla’s stock valuation—above 300 times earnings in the supplied data—leaves limited room for execution misses. These concerns have contributed to recent weakness despite a rebound from earlier lows.

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.