Tesla (NASDAQ:TSLA) Trading Down 3% on Insider Selling

Posted by Francis Steltz on Jun 11th, 2026

Tesla, Inc. (NASDAQ:TSLA – Get Free Report) traded down 3% on Tuesday following insider selling activity. The stock traded as low as $384.24 and last traded at $396.68. 59,073,748 shares changed hands during trading, a decline of 2% from the average session volume of 60,215,176 shares. The stock had previously closed at $408.95.

Specifically, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Glj Research reiterated a “sell” rating on shares of Tesla in a research report on Tuesday, April 21st. Oppenheimer reaffirmed a “market perform” rating on shares of Tesla in a research report on Thursday. Barclays reissued a “neutral” rating on shares of Tesla in a report on Wednesday, May 13th. Zacks Research raised shares of Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research report on Friday, April 24th. Twenty-two research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla presently has an average rating of “Hold” and a consensus target price of $404.37.

Check Out Our Latest Research Report on TSLA

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla is getting a boost from fresh optimism around its self-driving business, including Denmark approving FSD Supervised and broader reporting that Tesla is progressing with unsupervised robotaxi deployment. Reuters article on Belgium approval Zacks article on Denmark approval
Positive Sentiment: Several analysts turned more constructive on TSLA, with Piper Sandler and JPMorgan highlighting upside from autonomy, robotics, energy storage, and physical AI, which is helping sentiment around the stock’s valuation. MarketBeat price target article
Positive Sentiment: Ken Griffin’s hedge fund exposure to Tesla and continued bullish commentary from Wall Street are reinforcing the idea that TSLA remains a favored large-cap growth name despite recent swings. Insider Monkey article
Neutral Sentiment: The looming SpaceX IPO is driving extra trading noise in Tesla, as some investors are viewing TSLA as a “Musk premium” proxy and rotating between the two names rather than trading Tesla solely on fundamentals. MarketWatch article on SpaceX and Tesla
Neutral Sentiment: A routine insider sale by CFO Vaibhav Taneja was disclosed, but it was tied to tax withholding on equity awards and does not necessarily signal business weakness. InsiderTrades disclosure
Negative Sentiment: Bearish headlines noted that short interest and volatility have picked up around TSLA as traders worry SpaceX-related speculation may distract from Tesla’s core execution and keep valuation pressure high. Finbold article
Negative Sentiment: Competition is also intensifying, with BYD and Rivian pushing new charging and lower-priced EV offerings, which could weigh on Tesla’s auto-market share and pricing power. TipRanks BYD article

Tesla Trading Up 4.6%

The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The stock has a 50-day moving average price of $397.29 and a two-hundred day moving average price of $416.02. The stock has a market cap of $1.50 trillion, a PE ratio of 366.19, a price-to-earnings-growth ratio of 15.83 and a beta of 1.80.

Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm’s revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 earnings per share. Sell-side analysts forecast that Tesla, Inc. will post 1.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Tesla

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Networth Advisors LLC purchased a new stake in shares of Tesla in the fourth quarter valued at $26,000. Chapman Financial Group LLC bought a new position in shares of Tesla during the second quarter valued at approximately $26,000. Davidson Capital Management Inc. lifted its stake in shares of Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after acquiring an additional 27 shares during the last quarter. Friedenthal Financial boosted its holdings in Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after acquiring an additional 30 shares during the period. Finally, Prism Advisors Inc. bought a new position in shares of Tesla in the fourth quarter worth about $30,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

About Tesla

(Get Free Report)

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.