Tesla (NASDAQ:TSLA) Upgraded at CLSA

CLSA upgraded shares of Tesla (NASDAQ:TSLA) from an underperform rating to a hold rating in a research report released on Thursday, MarketBeat.com reports. They currently have $400.00 target price on the electric vehicle producer’s stock, up from their previous target price of $310.00.

A number of other equities research analysts have also weighed in on the company. KeyCorp upgraded Tesla to a “sector weight” rating in a research note on Monday, September 28th. Morgan Stanley restated a “reduce” rating on shares of Tesla in a report on Monday, September 14th. Mizuho set a $450.00 target price on Tesla and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Guggenheim initiated coverage on Tesla in a research note on Monday, June 29th. They set a “neutral” rating for the company. Finally, HSBC reissued a “reduce” rating and set a $157.00 price target on shares of Tesla in a research report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, twenty have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Tesla presently has an average rating of “Hold” and an average target price of $408.61.

Tesla Stock Performance

NASDAQ:TSLA opened at $372.22 on Thursday. The firm has a 50-day moving average of $364.01 and a two-hundred day moving average of $377.22. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.55. The stock has a market cap of $1.47 trillion, a P/E ratio of 409.04, a PEG ratio of 23.63 and a beta of 1.92. Tesla has a 1-year low of $297.38 and a 1-year high of $498.83.

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

Insider Transactions at Tesla

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

Institutional Trading of Tesla

A number of institutional investors and hedge funds have recently made changes to their positions in TSLA. State Street Corp lifted its stake in Tesla by 2.4% in 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 boosted 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 acquiring an additional 2,727,141 shares during the period. Legal & General Group Plc acquired a new position in shares of Tesla during the second quarter valued at $8,535,612,000. Bank of New York Mellon Corp bought a new position in shares of Tesla during the second quarter worth about $6,083,630,000. Finally, Bamco Inc. NY grew its position in shares of Tesla by 5.0% during the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after acquiring an additional 591,243 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
• Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
• Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
• Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
• Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
• Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
• Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
• Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.

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.