Tesla (NASDAQ:TSLA) Given New $480.00 Price Target at Royal Bank Of Canada

Tesla (NASDAQ:TSLAFree Report) had its price target trimmed by Royal Bank Of Canada from $500.00 to $480.00 in a report released on Monday, Marketbeat Ratings reports. The brokerage currently has an outperform rating on the electric vehicle producer’s stock.

Several other equities research analysts also recently issued reports on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a report on Tuesday, January 27th. Wells Fargo & Company reduced their price target on shares of Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a research report on Thursday, January 29th. Stifel Nicolaus set a $508.00 price target on shares of Tesla in a research report on Thursday, January 29th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Tesla in a research report on Friday, April 3rd. Finally, UBS Group increased their price target on shares of Tesla from $307.00 to $352.00 and gave the stock a “sell” rating in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and ten have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $399.44.

Check Out Our Latest Analysis on Tesla

Tesla Price Performance

Shares of NASDAQ TSLA opened at $352.33 on Monday. 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 fifty-two week low of $222.79 and a fifty-two week high of $498.83. The business has a 50 day moving average price of $391.52 and a two-hundred day moving average price of $424.18. The firm has a market cap of $1.32 trillion, a PE ratio of 326.23, a price-to-earnings-growth ratio of 10.59 and a beta of 1.91.

Tesla (NASDAQ:TSLAGet Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the previous year, the business earned $0.73 EPS. Tesla’s revenue for the quarter was down 3.1% compared to the same quarter last year. Sell-side analysts expect that Tesla will post 2.56 earnings per share for the current fiscal year.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the firm’s 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 transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the firm’s 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 transaction, the director directly owned 33,860 shares in the company, valued at $12,166,913.80. This represents a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,804 shares of company stock worth $20,865,598 in the last three months. 19.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Tesla

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Tesla by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after purchasing an additional 6,538,720 shares during the period. State Street Corp increased its stake in shares of Tesla by 0.9% in the fourth quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock valued at $51,647,164,000 after purchasing an additional 1,080,085 shares during the period. Geode Capital Management LLC increased its stake in shares of Tesla by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock valued at $29,426,070,000 after purchasing an additional 375,946 shares during the period. Capital World Investors increased its stake in shares of Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock valued at $19,583,547,000 after purchasing an additional 2,403,019 shares during the period. Finally, Norges Bank acquired a new stake in shares of Tesla in the fourth quarter valued at approximately $17,128,100,000. 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: Dutch approval and a formal push for EU‑wide FSD clearance materially de‑risk Tesla’s regulatory pathway for supervised Full Self‑Driving in Europe — a potential revenue and network‑scale catalyst if other EU regulators follow suit. Dutch regulator notifies European Commission of plan to seek EU approval for Tesla’s FSD
  • Positive Sentiment: Reports Tesla is reviving a lower‑cost compact SUV (rumored “Model Q”) and ongoing discussions about a sub‑$30k offering raise the prospect of renewed volume growth and margin leverage long‑term. This narrative supports upside expectations if execution follows. Tesla Is Allegedly Working on a Cheaper EV
  • Neutral Sentiment: RBC trimmed its TSLA price target to $480 but kept an “Outperform” rating — a modest technical downgrade that still implies significant upside from current levels and may temper downside‑only narratives. RBC adjusts price target
  • Negative Sentiment: Q1 deliveries (~358k) missed expectations and commentary highlights softening China demand — near‑term sales and margin pressure remain primary risks ahead of earnings. Tesla’s Deliveries Reinforce How It Has Further To Decline
  • Negative Sentiment: Analysts flag that robotaxi/Autonomy rollouts are consuming cash and may weigh on near‑term free cash flow and margins even if they’re strategically important long‑term. Robotaxi rollout cuts into cash flow
  • Negative Sentiment: Geopolitical/oil‑price shocks and analyst warnings (including dramatic downside scenarios) are creating macro risk that could pressure auto industry outlooks and investor appetite for high‑growth EV names. Prolonged Iran war could drive outlook cuts
  • Negative Sentiment: Concerns around investor allocation (e.g., potential SpaceX IPO and sizable insider selling highlighted in social/aggregate data) add crowding and sentiment risk that can amplify price moves. Why SpaceX’s IPO could put pressure on Tesla’s stock

Tesla Company Profile

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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.

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