Tesla (NASDAQ:TSLA) Given New $424.00 Price Target at President Capital

Tesla (NASDAQ:TSLA) had its price objective lowered by President Capital from $500.00 to $424.00 in a research note released on Tuesday,MarketScreener reports. President Capital currently has a buy rating on the electric vehicle producer’s stock.

TSLA has been the subject of a number of other research reports. Barclays reaffirmed a “neutral” rating on shares of Tesla in a research note on Wednesday, March 4th. CICC Research raised their price objective on shares of Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Benchmark reaffirmed a “buy” rating on shares of Tesla in a research note on Wednesday, February 11th. The Goldman Sachs Group restated a “neutral” rating and set a $405.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Finally, Stifel Nicolaus set a $508.00 price objective on Tesla in a research report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have given a Sell rating to the company. According to MarketBeat, Tesla presently has a consensus rating of “Hold” and an average target price of $400.44.

Tesla Trading Down 1.7%

NASDAQ:TSLA opened at $346.65 on Tuesday. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. Tesla has a 1-year low of $217.80 and a 1-year high of $498.83. The firm has a market capitalization of $1.30 trillion, a price-to-earnings ratio of 320.97, a price-to-earnings-growth ratio of 10.69 and a beta of 1.91. The stock has a fifty day simple moving average of $397.73 and a 200 day simple moving average of $426.55.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. During the same quarter last year, the company posted $0.73 EPS. Tesla’s revenue for the quarter was down 3.1% on a year-over-year basis. Sell-side analysts forecast that Tesla will post 2.56 earnings per share for the current year.

Insider Activity

In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares in the company, valued at $12,166,913.80. The trade was a 43.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Tesla

Several institutional investors and hedge funds have recently modified their holdings of the business. Relyea Zuckerberg Hanson LLC lifted its stake in shares of Tesla by 0.4% in the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock valued at $2,916,000 after purchasing an additional 23 shares during the last quarter. Equita Financial Network Inc. lifted its holdings in Tesla by 2.8% in the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock worth $380,000 after purchasing an additional 23 shares during the last quarter. VanderPol Investments L.L.C. lifted its holdings in Tesla by 2.2% in the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock worth $464,000 after purchasing an additional 23 shares during the last quarter. Resonant Capital Advisors LLC lifted its holdings in Tesla by 0.3% in the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock worth $3,814,000 after purchasing an additional 23 shares during the last quarter. Finally, Cloud Capital Management LLC lifted its holdings in Tesla by 1.1% in the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock worth $923,000 after purchasing an additional 23 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Large buyer interest from ARK/Cathie Wood — ARK funds bought roughly $14M of TSLA during the post-earnings dip, providing demand support amid the selloff. ARK Invest Buys TSLA
• Positive Sentiment: Regulatory relief — U.S. safety regulators closed the probe into Tesla’s “Actually Smart Summon” feature, removing a legal/regulatory overhang. NHTSA Closes Probe
• Positive Sentiment: Strategic supply tie-ins: Intel’s Terafab project (announced partners include SpaceX, Tesla and xAI) signals potential long-term silicon supply for Tesla’s autonomy and compute needs — a structural positive for self-driving/AI ambitions. Intel Terafab Article
• Neutral Sentiment: Mixed geographic demand: registrations jumped sharply in some markets (Germany, South Korea, U.K.), but strength is uneven — positive for revenue diversification but not enough to offset global weakness. Germany Registrations
• Neutral Sentiment: Earnings calendar and volatility — with April earnings looming (mid-late April), traders are positioning ahead of management’s update on inventory, deliveries and margins; that amplifies intraday moves. Earnings Loom
• Negative Sentiment: Q1 delivery shortfall and weaker energy deployments — Tesla reported Q1 deliveries below estimates (358,023 vs. ~366k expected) and softer energy numbers, a primary trigger for today’s selling pressure. Delivery Miss
• Negative Sentiment: Analyst cuts & heavy bearish notes — several firms cut targets or turned more bearish after the delivery miss; JPMorgan’s note warning of much greater downside has been a headline driver for sellers. JPMorgan Bear Call
• Negative Sentiment: Inventory and free‑cash‑flow concerns — multiple reports highlight record levels of unsold vehicles and rising inventories, increasing scrutiny on near-term margins and FCF. Inventory Pressure
• Negative Sentiment: Macro/structural uncertainty: speculation around a large SpaceX/xAI IPO and Elon Musk’s attention split raises concerns that capital flows and investor focus could rotate away from Tesla. SpaceX IPO Risk

About Tesla

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.