Tesla (NASDAQ:TSLA) Earns “Sell” Rating from Glj Research

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

Several other analysts have also issued reports on TSLA. DZ Bank upgraded shares of Tesla from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Piper Sandler restated an “overweight” rating and set a $475.00 target price (up from $450.00) on shares of Tesla in a research note on Thursday, October 22nd. Roth Capital reaffirmed a “buy” rating and issued a $505.00 target price on shares of Tesla in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on Tesla in a research note on Monday, October 26th. They issued a “buy” rating on the stock. Finally, BNP Paribas Exane raised Tesla from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $266.00 to $420.00 in a report on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Tesla presently has a consensus rating of “Moderate Buy” and an average target price of $414.50.

Tesla Price Performance

NASDAQ TSLA traded down $41.86 during midday trading on Thursday, hitting $343.33. The company had a trading volume of 78,323,354 shares, compared to its average volume of 50,280,879. The firm has a 50-day moving average price of $372.12 and a 200-day moving average price of $385.12. The company has a market capitalization of $1.36 trillion, a PE ratio of 377.29, a P/E/G ratio of 24.68 and a beta of 1.74. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. Tesla has a twelve month low of $297.38 and a twelve month high of $498.83.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. The company had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. Tesla’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 EPS. As a group, analysts anticipate that Tesla will post 0.67 earnings per share for the current fiscal year.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated 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 owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by insiders.

Institutional Trading of Tesla

Hedge funds and other institutional investors have recently made changes to their positions in the company. Silver Grove Financial Group Inc. increased its stake in shares of Tesla by 4.1% in the third quarter. Silver Grove Financial Group Inc. now owns 3,180 shares of the electric vehicle producer’s stock valued at $1,128,000 after buying an additional 124 shares during the period. Davis Investment Partners LLC boosted its holdings in Tesla by 6.7% in the third quarter. Davis Investment Partners LLC now owns 767 shares of the electric vehicle producer’s stock valued at $272,000 after acquiring an additional 48 shares during the last quarter. Northbridge Financial Group LLC increased its position in Tesla by 12.6% during the 3rd quarter. Northbridge Financial Group LLC now owns 11,011 shares of the electric vehicle producer’s stock valued at $4,192,000 after purchasing an additional 1,228 shares during the period. Brooklyn FI LLC raised its holdings in Tesla by 172.4% during the 3rd quarter. Brooklyn FI LLC now owns 2,239 shares of the electric vehicle producer’s stock worth $862,000 after purchasing an additional 1,417 shares during the last quarter. Finally, Philadelphia Trust Co. raised its holdings in Tesla by 56.8% during the 3rd quarter. Philadelphia Trust Co. now owns 5,521 shares of the electric vehicle producer’s stock worth $1,959,000 after purchasing an additional 2,000 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s European registrations reportedly surged in several markets, potentially benefiting from higher fuel prices. The report also notes that BYD and other Chinese EV makers are gaining ground. Tesla Registrations Explode Across Europe
• Positive Sentiment: Tesla opened a Berlin engineering center, and its robotaxi service has expanded to Fort Worth; FSD subscriptions reportedly exceed 1.7 million. These developments support its technology and autonomy growth story, though profitability remains a question. Tesla Stock Plunges Despite New Engineering Center How Much of Tesla’s Robotaxi Future Is Already Priced In?
• Neutral Sentiment: Coverage says Austin politicians could become a headwind for Tesla as the company expands in Texas. The implications for its operations and plans remain uncertain. Tesla Moved to Austin—Now Its Biggest Headwind Might Be Austin Politicians
• Negative Sentiment: Democratic wins in the midterms, including in Texas, have raised concerns about tougher oversight of AI and data-center projects and possible obstacles to Musk’s expansion plans. Investors are also reassessing political risk after Musk backed Republican candidates. SpaceX, Tesla Extend Losses as Midterm Results Cloud Outlook
• Negative Sentiment: Uncertainty about a possible all-stock SpaceX–Tesla merger is weighing on sentiment. Critics warn that dilution or a shrinking deal premium could hurt Tesla shareholders, while regulatory and political complications add risk. Gary Black Warns About SpaceX Merger Premium
• Negative Sentiment: Analysts and investors also point to earnings pressure, rising spending and a valuation that depends heavily on future Robotaxi and Optimus growth. Separately, a South Korean consumer group has alleged Tesla misled customers about automated-driving capabilities, creating potential legal and reputational risk. Tesla’s Next Act Could Be Its Most Important Yet Consumer Group Alleges Tesla Misled South Korean Customers

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.