Royal Bank Of Canada Cuts Tesla (NASDAQ:TSLA) Price Target to $475.00

Tesla (NASDAQ:TSLA) had its price objective decreased by Royal Bank Of Canada from $480.00 to $475.00 in a research report sent to investors on Thursday morning, MarketBeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the electric vehicle producer’s stock.

TSLA has been the topic of a number of other reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research report on Thursday. William Blair restated a “market perform” rating on shares of Tesla in a research note on Friday, January 2nd. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Tesla in a report on Friday, April 3rd. Phillip Securities cut their target price on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a research report on Monday, February 2nd. Finally, Morgan Stanley set a $415.00 target price on Tesla and gave the company an “equal weight” rating in a report on Thursday, January 29th. Eighteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and eight have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $398.45.

Tesla Price Performance

TSLA stock opened at $376.30 on Thursday. The business has a 50 day moving average price of $385.94 and a 200 day moving average price of $420.67. The company has a quick ratio of 1.77, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.41 trillion, a price-to-earnings ratio of 345.23, a PEG ratio of 11.87 and a beta of 1.91. Tesla has a fifty-two week low of $259.63 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm’s revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.27 earnings per share. Equities research analysts anticipate that Tesla will post 1.36 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on 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 directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the 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 sale, the director owned 33,860 shares of the company’s stock, valued at $12,166,913.80. This trade represents a 43.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Networth Advisors LLC acquired a new stake in shares of Tesla during the fourth quarter worth $26,000. Davidson Capital Management Inc. increased its stake in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after buying an additional 27 shares during the period. Turning Point Benefit Group Inc. purchased a new position in Tesla during the 3rd quarter worth $30,000. Manning & Napier Advisors LLC purchased a new position in Tesla during the 3rd quarter worth $29,000. Finally, Prism Advisors Inc. acquired a new stake in shares of Tesla in the 4th quarter worth $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 beat and positive free cash flow give near-term support: Tesla topped EPS estimates and reported positive free cash flow, which reassures income-focused investors even as the company pivots toward AI and services. Tesla Q1 Earnings Beat on Vehicle Demand Rebound
• Positive Sentiment: Cybercab production begins — tangible progress on robotaxi strategy: Videos and company posts show the Cybercab rolling off the Austin line, a concrete operational milestone that supports the long-term autonomy narrative. Watch the Cybercab robotaxi roll off Tesla’s production line
• Positive Sentiment: Some analyst support: DZ Bank lifted its rating (Sell → Hold) and other firms reiterated favorable views, giving the rally more analyst-backed legitimacy. DZ Bank Upgrades Tesla From Sell to Hold
• Neutral Sentiment: $2B investment in SpaceX deepens Musk-era linkages — strategic optionality but raises governance/related-party questions; impact on Tesla depends on future returns from collaborations. Elon Musk’s Tesla Invested $2 Billion Into SpaceX
• Neutral Sentiment: Quiet $2B AI-hardware acquisition disclosed — strengthens Tesla’s AI stack but raises transparency questions; investors will watch integration and capex offsets. Tesla quietly discloses $2 billion AI hardware company acquisition
• Negative Sentiment: Massive $25B CapEx hike spooks investors — Musk’s push into AI, chips, Optimus and robotaxis means cash flow is likely to go negative for the rest of 2026, heightening execution and dilution risk. Tesla’s $25 billion spending plan tests investor faith
• Negative Sentiment: Musk’s FSD admissions and upgrade requirements create reputational and cost risks — public comments that past FSD claims were overstated and that many cars need hardware retrofits could trigger customer pushback, regulatory scrutiny and unexpected warranty/capex. Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving’
• Negative Sentiment: Allegations and admissions around FSD claims raise legal/regulatory pressure — headlines that management “admitted” past FSD claims were misleading increase litigation and oversight risk, a potential overhang on sentiment. Musk Admits Tesla Full Self-Driving Claims Were Lies
• Negative Sentiment: Robotaxi timeline pulled back / rollout uncertainty: Management removed concrete near-term city timelines, increasing execution risk and pushing some valuation farther into the future. Tesla’s robotaxi timeline just got a little fuzzier

Tesla Company Profile

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.