Tesla (NASDAQ:TSLA) Trading Up 1% – Still a Buy?

Posted by on Jun 18th, 2026

Tesla, Inc. (NASDAQ:TSLA – Get Free Report) was up 1% during trading on Thursday . The stock traded as high as $402.52 and last traded at $400.49. Approximately 57,780,802 shares were traded during trading, a decline of 3% from the average session volume of 59,568,773 shares. The stock had previously closed at $396.38.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TSLA shares. Evercore raised shares of Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. The Goldman Sachs Group began coverage on shares of Tesla in a report on Friday, June 5th. They set a “buy” rating for the company. China Renaissance reduced their price target on shares of Tesla from $382.00 to $372.00 and set a “hold” rating on the stock in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft started coverage on Tesla in a report on Friday, June 5th. They issued a “buy” rating on the stock. Finally, Wedbush reissued an “outperform” rating and set a $600.00 target price on shares of Tesla in a research note on Tuesday, April 21st. Twenty-one analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, Tesla currently has a consensus rating of “Hold” and a consensus target price of $404.37.

Check Out Our Latest Stock Analysis on TSLA

Tesla Price Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The stock’s 50-day moving average is $401.11 and its two-hundred day moving average is $415.57. The stock has a market cap of $1.50 trillion, a PE ratio of 367.42, a PEG ratio of 16.17 and a beta of 1.80.

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

Insider Buying and Selling at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla 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 completion of the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the sale, the director owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 57,824 shares of company stock worth $21,657,588 in the last quarter. Company insiders own 19.90% of the company’s stock.

Institutional Inflows and Outflows

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

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.

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