Tesla (NASDAQ:TSLA) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of Tesla (NASDAQ:TSLA) from a hold rating to a sell rating in a research note issued to investors on Saturday,Wall Street Zen reports.

A number of other analysts have also weighed in on TSLA. Cantor Fitzgerald restated an “overweight” rating and set a $485.00 target price on shares of Tesla in a research note on Monday, October 19th. BMO Capital Markets assumed coverage on shares of Tesla in a research note on Monday, August 17th. They issued an “outperform” rating for the company. Roth Capital reiterated a “buy” rating and set a $505.00 price target on shares of Tesla in a report on Thursday, July 23rd. KeyCorp raised shares of Tesla to a “sector weight” rating in a research report on Monday, September 28th. Finally, Stifel Nicolaus set a $475.00 price objective on shares of Tesla in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seventeen have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Tesla presently has an average rating of “Moderate Buy” and a consensus price target of $411.04.

Tesla Trading Up 5.2%

TSLA opened at $391.62 on Friday. Tesla has a 52 week low of $297.38 and a 52 week high of $498.83. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $363.77 and a 200-day simple moving average of $386.75. The firm has a market cap of $1.55 trillion, a P/E ratio of 430.36, a P/E/G ratio of 23.62 and a beta of 1.92.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The firm had revenue of $28.05 billion for the quarter, compared to the consensus estimate of $28.06 billion. During the same quarter in the previous year, the business earned $0.50 EPS. The company’s quarterly revenue was down .2% compared to the same quarter last year. On average, equities analysts expect that Tesla will post 0.71 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction that occurred 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 owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade 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 can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 20.00% of the company’s stock.

Institutional Trading of Tesla

A number of institutional investors have recently modified their holdings of the company. SYM FINANCIAL Corp lifted its stake in shares of Tesla by 9.5% in the third quarter. SYM FINANCIAL Corp now owns 5,966 shares of the electric vehicle producer’s stock worth $2,117,000 after acquiring an additional 517 shares in the last quarter. Oakworth Capital Inc. lifted its stake in Tesla by 5.0% during the third quarter. Oakworth Capital Inc. now owns 2,112 shares of the electric vehicle producer’s stock worth $749,000 after purchasing an additional 100 shares during the last quarter. Midland Wealth Advisors LLC lifted its stake in Tesla by 4.8% during the third quarter. Midland Wealth Advisors LLC now owns 1,939 shares of the electric vehicle producer’s stock worth $688,000 after purchasing an additional 89 shares during the last quarter. Ashton Thomas Securities LLC boosted its holdings in Tesla by 3.1% in the third quarter. Ashton Thomas Securities LLC now owns 17,101 shares of the electric vehicle producer’s stock worth $6,067,000 after purchasing an additional 510 shares during the period. Finally, Black Diamond Financial LLC boosted its holdings in Tesla by 22.4% in the third quarter. Black Diamond Financial LLC now owns 1,540 shares of the electric vehicle producer’s stock worth $546,000 after purchasing an additional 282 shares during the period. 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: Barclays upgrade and SpaceX speculation: Barclays upgraded Tesla to Overweight from Equal Weight and raised its price target from $370 to $450. The analyst cited potential value from a Tesla-SpaceX transaction, as well as improving prospects for Tesla’s automotive, energy-storage and autonomous-driving businesses. Tesla and SpaceX have reportedly formed independent committees to evaluate a possible combination, but no deal has been agreed. Buy Tesla Stock, Says Analyst. Why It Can Surge 20%.
• Positive Sentiment: Autonomy momentum: Tesla’s Full Self-Driving (FSD) system received approval in Latvia, reportedly bringing the number of approving EU countries to 10. Separately, a partnership with Turo will promote FSD-equipped Tesla vehicles available through its rental marketplace, potentially increasing consumer adoption and subscription revenue. Cybercab activity also reportedly reached a record during Austin’s Formula One weekend. Tesla turns to Turo to boost adoption of Full Self-Driving
• Positive Sentiment: AI and robotics investment case: Analysts argued that Tesla’s reduced 2026 capital-spending forecast reflects timing rather than a retreat from AI. The company still has more than $45 billion in cash and investments to fund Full Self-Driving, Cybercab and Optimus development. Management also expects spending to rise in future years.
• Neutral Sentiment: Short-interest data appears inconsistent: One report described a large increase in October short interest but simultaneously listed total short interest at zero shares and a zero-day days-to-cover ratio. The figures should therefore be treated cautiously rather than as a reliable signal of short-covering demand.
• Negative Sentiment: Execution and valuation concerns: Tesla’s third-quarter revenue was essentially flat year over year, while operating income reportedly fell 56%. Critics also highlighted a P/E ratio above 400 and questioned whether the stock price already discounts successful autonomy, robotics and SpaceX-related outcomes.
• Negative Sentiment: Cybertruck weakness: Reports that Tesla canceled or delayed Cybertruck availability in two countries underscore concerns about the vehicle’s weaker-than-expected demand and limited international expansion. Tesla Cancels Cybertruck in Two Countries

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.