Tesla, Inc. (NASDAQ:TSLA – Free Report) – Equities researchers at Zacks Research lowered their Q3 2026 earnings estimates for Tesla in a research note issued to investors on Wednesday, July 8th. Zacks Research analyst Team now anticipates that the electric vehicle producer will earn $0.22 per share for the quarter, down from their previous forecast of $0.23. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Tesla’s current full-year earnings is $1.29 per share.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. Tesla’s revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.27 EPS.
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Tesla Price Performance
Shares of TSLA stock opened at $394.11 on Thursday. The stock has a 50-day moving average price of $409.15 and a 200 day moving average price of $409.76. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.48 trillion, a price-to-earnings ratio of 361.57, a PEG ratio of 14.81 and a beta of 1.80. Tesla has a 12 month low of $293.55 and a 12 month high of $498.83.
Insider Buying and Selling
In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $8,147,700. This represents a 14.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 32,015 shares of company stock valued at $12,383,640. Corporate insiders own 19.90% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. OxenFree Capital LLC acquired a new position in Tesla during the 2nd quarter worth approximately $204,000. Breakwater Capital Group raised its holdings in shares of Tesla by 4.0% in the second quarter. Breakwater Capital Group now owns 2,560 shares of the electric vehicle producer’s stock valued at $1,077,000 after purchasing an additional 99 shares during the last quarter. Affinity Capital Advisors LLC lifted its position in shares of Tesla by 5.0% in the second quarter. Affinity Capital Advisors LLC now owns 6,363 shares of the electric vehicle producer’s stock worth $2,671,000 after purchasing an additional 305 shares in the last quarter. Crumly & Associates Inc. grew its position in Tesla by 0.6% in the second quarter. Crumly & Associates Inc. now owns 4,698 shares of the electric vehicle producer’s stock valued at $1,976,000 after purchasing an additional 26 shares in the last quarter. Finally, Worth Asset Management LLC grew its position in Tesla by 22.0% in the second quarter. Worth Asset Management LLC now owns 1,999 shares of the electric vehicle producer’s stock valued at $841,000 after purchasing an additional 360 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.
More Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla reported record Q2 deliveries that came in well ahead of expectations, and several articles suggest this supports the case for a stronger second-half outlook. Article Title
- Positive Sentiment: Tesla expanded its Robotaxi rollout to Miami, which keeps the company’s autonomy story front and center and fuels long-term AI-driven valuation hopes. Article Title
- Positive Sentiment: RBC raised its price target on Tesla to $500 and kept an outperform rating, signaling continued Wall Street optimism despite the recent pullback. Article Title
- Neutral Sentiment: New articles are highlighting Tesla’s growing energy-storage business, including more than $9 billion in Megapack orders, which could become an important future revenue stream but is not yet the main driver of the stock. Article Title
- Negative Sentiment: Despite strong delivery numbers, investors are still selling Tesla because they want clearer evidence that autonomy, AI, and robotaxi economics can translate into profits. Article Title
- Negative Sentiment: Regulatory and legal concerns are also weighing on sentiment, including a New Jersey bill that could restrict robotaxi operations and a high-profile manslaughter case involving a Tesla driver, both of which add headline risk. Article Title
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.
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