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

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

A number of other brokerages have also weighed in on TSLA. Canaccord Genuity Group set a $410.00 price target on shares of Tesla and gave the company a “buy” rating in a report on Thursday, July 23rd. Cantor Fitzgerald restated an “overweight” rating on shares of Tesla in a report on Monday, September 28th. The Goldman Sachs Group upgraded Tesla from a “neutral” rating to a “buy” rating in a report on Monday, October 5th. Wells Fargo & Company restated a “buy” rating on shares of Tesla in a report on Thursday, October 1st. Finally, Needham & Company LLC restated a “hold” rating on shares of Tesla in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $412.33.

Tesla Trading Down 1.3%

TSLA traded down $4.71 during trading on Thursday, hitting $362.45. The company’s stock had a trading volume of 11,251,573 shares, compared to its average volume of 50,654,285. The firm’s 50 day moving average price is $358.60 and its 200-day moving average price is $377.05. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The stock has a market cap of $1.43 trillion, a PE ratio of 335.94, 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.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate 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 net margin of 3.67% and a return on equity of 3.82%. The company’s revenue was up 25.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.33 earnings per share. On average, analysts expect that Tesla will post 0.69 earnings per share for the current year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction 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 sale, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 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 insiders.

Institutional Trading of Tesla

Several large investors have recently added to or reduced their stakes in the stock. Mainsail Asset Management LLC raised its position in shares of Tesla by 3.9% during the third quarter. Mainsail Asset Management LLC now owns 3,920 shares of the electric vehicle producer’s stock valued at $1,492,000 after buying an additional 148 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in Tesla by 74.2% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 8,016 shares of the electric vehicle producer’s stock worth $2,844,000 after purchasing an additional 3,414 shares in the last quarter. Nvwm LLC raised its position in Tesla by 448.2% in the third quarter. Nvwm LLC now owns 2,330 shares of the electric vehicle producer’s stock worth $827,000 after purchasing an additional 1,905 shares in the last quarter. Winnacle Wealth LLC raised its position in Tesla by 8.4% in the third quarter. Winnacle Wealth LLC now owns 2,783 shares of the electric vehicle producer’s stock worth $987,000 after purchasing an additional 215 shares in the last quarter. Finally, Nolet Wealth Management LLC raised its position in Tesla by 4.6% in the third quarter. Nolet Wealth Management LLC now owns 1,478 shares of the electric vehicle producer’s stock worth $524,000 after purchasing an additional 65 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s reported third-quarter deliveries of 486,532 vehicles exceeded analysts’ expectations of roughly 462,000, providing evidence that demand and quarterly volume remain resilient. However, deliveries were still lower year over year. Tesla’s Delivery Beat Isn’t Enough to Make TSLA Stock a Buy Ahead of Q3 Earnings
• Positive Sentiment: A reported 1 GWh Megapack order from Apollo Power highlights potential growth in grid storage and AI data-center power demand, although the deal’s value and timing were not disclosed. TSLA’s Megapack Order Highlights AI Demand and Future Growth Potential
• Positive Sentiment: Tesla and Pilot opened their first heavy-duty Megacharger site, with 12 more under construction, supporting the long-term commercial opportunity for Tesla’s Semi and charging network. Pilot, Tesla Open First Megacharger Site
• Positive Sentiment: Tesla’s Austin robotaxi fleet reportedly expanded sharply, while California legislation could increase opportunities for virtual power plants and energy-storage providers. These developments reinforce Tesla’s autonomy and energy-growth narratives.
• Neutral Sentiment: Tesla is unveiling its long-delayed next-generation Roadster, priced at least $200,000, with ambitious range, acceleration and possible SpaceX-related features. The event may generate substantial attention, but investors remain focused on production timing, feasibility and commercial demand. Tesla Set to Unveil Next-Generation Roadster
• Neutral Sentiment: Speculation that Tesla and SpaceX could merge before December briefly attracted attention, but no agreement has been announced, making the idea highly uncertain.
• Negative Sentiment: Analysts and financial commentators warn that Tesla’s automotive margins are deteriorating and free cash flow has turned negative. Expected earnings pressure and more than $25 billion of planned 2026 capital spending increase the risk to the investment case.
• Negative Sentiment: At a very high earnings multiple, Tesla must demonstrate meaningful profits from robotaxis, AI, energy and other initiatives. Analysts have questioned robotaxi economics and reaffirmed a sell rating, while Alphabet’s Waymo is viewed as a growing competitive threat.
• Negative Sentiment: China’s price war, rising competition and exports from Tesla’s China operations continue to pressure regional sales and pricing. Plans for an in-house AI-chip fab also raise substantial cost and execution concerns.

About Tesla

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.