Tesla (NASDAQ:TSLA – Get Free Report) had its price objective cut by stock analysts at TD Cowen from $519.00 to $490.00 in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The firm presently has a “buy” rating on the electric vehicle producer’s stock. TD Cowen’s price target suggests a potential upside of 26.00% from the company’s current price.
TSLA has been the topic of several other research reports. Benchmark reiterated a “buy” rating on shares of Tesla in a report on Wednesday, February 11th. Morgan Stanley set a $415.00 price target on Tesla and gave the stock an “equal weight” rating in a report on Thursday, January 29th. Canaccord Genuity Group reiterated a “buy” rating and set a $420.00 price target on shares of Tesla in a report on Monday, April 6th. Royal Bank Of Canada reduced their price target on Tesla from $500.00 to $480.00 and set an “outperform” rating on the stock in a report on Monday. Finally, Mizuho set a $540.00 price target on Tesla and gave the stock an “outperform” rating in a report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and nine have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $398.61.
Read Our Latest Research Report on TSLA
Tesla Trading Down 0.8%
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 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 business had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same quarter in the previous year, the firm earned $0.73 EPS. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. Research analysts expect that Tesla will post 2.56 earnings per share for the current fiscal year.
Insider Transactions at Tesla
In related news, 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 sale, the director directly owned 33,860 shares of the company’s stock, valued at approximately $12,166,913.80. This trade represents a 43.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 53,804 shares of company stock valued at $20,865,598 over the last three months. Corporate insiders own 19.90% of the company’s stock.
Institutional Trading of Tesla
Hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank acquired a new position in Tesla in the 4th quarter valued at about $17,128,100,000. Corient Private Wealth LLC grew its position in Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after acquiring an additional 20,810,386 shares in the last quarter. Bank of America Corp DE grew its position in Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after acquiring an additional 7,450,766 shares in the last quarter. Cardano Risk Management B.V. grew its position in Tesla by 882.8% in the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock valued at $3,688,630,000 after acquiring an additional 7,367,507 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after acquiring an additional 6,538,720 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: European regulatory approval for supervised Full Self‑Driving (FSD) — the Dutch nod is a tangible commercialization step that expands FSD’s addressable market and supports the “physical AI” growth narrative. Tesla Just Scored an FSD Win in Europe. What Does That Mean for TSLA Stock?
- Positive Sentiment: AI5 chip tape‑out announced — a progress milestone for Tesla’s in‑house AI/robotics hardware that underpins robotaxi and Optimus ambitions; it fuels bullish longer‑term upside expectations around AI revenue streams. Tesla Tapes Out AI5 Self-Driving Chip
- Positive Sentiment: Analyst sentiment and software updates boosted buying — UBS and other outlets have turned less bearish recently and Tesla’s Spring software update (plus CEO social posts on chip progress) triggered short‑covering and inflows. That helped fuel the mid‑week rally. Tesla shares climb more than 6% after analyst upgrade, software updates
- Neutral Sentiment: Q1 earnings (Apr 22) and guidance risk — Street expectations and management commentary on EV deliveries, margins and Terafab capex will drive near‑term direction; investors are positioning ahead of the print. Can Tesla Stock Capitalize on the Market Rally Ahead of Earnings?
- Neutral Sentiment: Product engagement monetization tests (FSD “Streaks”, bundled insurance) — initiatives aim to increase FSD usage and revenue per car but raise questions about sustainability and liability/PR risk as regulators watch. Tesla Launches FSD Streaks: Is Self-Driving Software Being ‘Gamified?’
- Negative Sentiment: Cybertruck demand may be artificially propped by Musk‑controlled companies — multiple reports show SpaceX and other Musk entities account for a material share of Cybertruck registrations, raising concerns about organic consumer demand. Elon Musk’s other companies are the biggest buyers of the Tesla Cybertruck
- Negative Sentiment: Disclosure/governance questions after reports SpaceX bought Cybertrucks in bulk — related‑party sales without clear disclosure can depress investor confidence and invite scrutiny. SpaceX Was Buying Cybertrucks in Bulk. Tesla Didn’t Tell Anyone.
- Negative Sentiment: Rising competition in pickups and robotics — well‑funded rivals (e.g., Bezos‑backed Slate raising $650M) and lower‑cost robot entrants add execution risk to Tesla’s vehicle and humanoid roadmaps. Jeff Bezos-Backed Tesla Rival Slate Raises $650 Million In Latest Funding Round—Receives 160,000 Reservations For $25K Pickup
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.
Further Reading
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