Tesla, Inc. (NASDAQ:TSLA – Get Free Report) traded down 2.6% during mid-day trading on Friday . The company traded as low as $377.22 and last traded at $380.84. 30,501,236 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 56,970,906 shares. The stock had previously closed at $391.06.
Tesla News Summary
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Bank of America reiterated a Buy rating on Tesla and a $460 price target, citing robotaxi expansion, stronger-than-expected deliveries, and progress toward Optimus production milestones. Tesla rides robotaxi momentum into earnings season
- Positive Sentiment: Erste Group Bank raised its FY2026 EPS estimate for Tesla to $1.19 from $1.11, suggesting analysts see some improvement in profitability expectations ahead of earnings. Tesla earnings estimate update
- Neutral Sentiment: Options markets imply a roughly 7% swing after earnings, underscoring how much volatility investors expect when Tesla reports. Tesla (TSLA) Earnings Preview
- Neutral Sentiment: Some analysts and articles are urging patience, arguing Tesla’s long-term story still depends on AI, autonomy, and robotics, but that the stock’s premium valuation leaves little room for disappointment. Should You Buy Tesla Stock Before Earnings on July 22?
- Negative Sentiment: Investor sentiment has been hit by skepticism over Tesla’s SpaceX merger/takeover chatter, with prediction-market odds falling sharply and traders questioning whether such a deal is realistic. Traders cool on Tesla-SpaceX merger as Polymarket odds slide
- Negative Sentiment: Broad EV and tech weakness is also weighing on TSLA, as Chinese EV competition intensifies overseas and the AI trade wobbles across high-flying stocks. Tesla’s European Comeback in Trouble by Chinese EV Flood Into the UK
- Negative Sentiment: Headline risk remains elevated after new reporting on Tesla’s Full Self-Driving system and a recall dispute over headlights, keeping regulators and safety concerns in the spotlight. US agency denies Tesla petition to avoid recall fix over headlight issue
Analyst Upgrades and Downgrades
TSLA has been the subject of a number of research analyst reports. Citigroup started coverage on Tesla in a research report on Thursday, July 9th. They set a “market perform” rating for the company. William Blair reissued a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. HSBC restated a “hold” rating on shares of Tesla in a research note on Monday, June 15th. Citizens Jmp began coverage on Tesla in a report on Thursday, July 9th. They issued a “market perform” rating for the company. Finally, Guggenheim started coverage on shares of Tesla in a report on Monday, June 29th. They set a “neutral” rating on the stock. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $408.07.
Tesla Price Performance
The firm has a 50-day simple moving average of $410.37 and a 200-day simple moving average of $406.18. The firm has a market cap of $1.43 trillion, a P/E ratio of 349.35, a PEG ratio of 14.39 and a beta of 1.80. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09.
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS 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 analyst estimates of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.27 EPS. As a group, analysts forecast that Tesla, Inc. will post 1.3 EPS for the current year.
Insider Activity
In other news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were 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 trade represents a 14.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 Tesla stock in a transaction that occurred 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 completion of the transaction, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 32,015 shares of company stock worth $12,383,640 in the last quarter. 19.90% of the stock is owned by insiders.
Institutional Investors Weigh In On Tesla
A number of hedge funds and other institutional investors have recently bought and sold shares of TSLA. Networth Advisors LLC acquired a new position in shares of Tesla during the fourth quarter worth $26,000. Chapman Financial Group LLC purchased a new position in Tesla during the 2nd quarter worth $26,000. Davidson Capital Management Inc. grew its stake in 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 buying an additional 27 shares during the last quarter. Friedenthal Financial increased its position 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 buying an additional 30 shares in the last quarter. Finally, Prism Advisors Inc. purchased a new stake in Tesla in the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.
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.
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