Tesla (NASDAQ:TSLA) Trading Down 3% – Here’s Why

Posted by George Bondi on Jul 22nd, 2026

Tesla, Inc. (NASDAQ:TSLA – Get Free Report) traded down 3% during mid-day trading on Monday . The company traded as low as $369.43 and last traded at $369.57. 33,616,132 shares were traded during trading, a decline of 41% from the average daily volume of 56,805,270 shares. The stock had previously closed at $380.84.

More Tesla News

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla posted record Q2 deliveries, beating Wall Street expectations by a wide margin, which supports the view that core EV demand is rebounding. Tesla Beat Wall Street’s Delivery Estimate by Nearly 74,000 Vehicles Under Elon Musk
Positive Sentiment: Tesla expanded its robotaxi service to Orlando and Tampa, reinforcing the bullish long-term case that the company is moving toward monetizing autonomous driving software. Tesla expands robotaxi service to Orlando, Tampa ahead earnings
Positive Sentiment: Investors are watching for updates on robotaxis, FSD, and Optimus, which could overshadow near-term earnings and drive the stock if Tesla offers credible progress. Tesla earnings are on deck, and investors will be looking to settle this major debate
Neutral Sentiment: Markets are broadly waiting for Tesla’s earnings release, with macro headwinds like higher oil prices and weaker tech sentiment adding background volatility. Tesla expands robotaxi service to Orlando, Tampa ahead earnings
Neutral Sentiment: Analysts remain split, with some maintaining Hold ratings and others focusing on Tesla’s premium valuation and the market’s expectation for a sharp post-earnings move. Tesla Robotaxi Expansion Supports Long-Term Story, Risks Keep Hold Rating and $417 Price Target Unchanged
Negative Sentiment: There is growing concern that Tesla’s heavy spending on AI and robotics could lead to weak cash flow or a quarterly cash burn, which would pressure the stock if results disappoint. Tesla cash burn to test investor faith in AI bets
Negative Sentiment: Short interest and cautious sentiment have risen ahead of earnings, reflecting skepticism that Tesla can justify its valuation without strong profit and guidance. Tesla (TSLA) Faces a Bearish Setup Ahead of Today’s Q2 Earnings as Short Bets Jump 33%

Analyst Ratings Changes

TSLA has been the topic of a number of analyst reports. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Glj Research reissued a “sell” rating on shares of Tesla in a research note on Tuesday. The Goldman Sachs Group initiated coverage on Tesla in a report on Friday, June 5th. They set a “buy” rating for the company. Mizuho lowered their price target on Tesla from $540.00 to $480.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Finally, TD Cowen reissued a “buy” rating on shares of Tesla in a research report on Monday, June 29th. Twenty-one investment analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $408.07.

View Our Latest Research Report on TSLA

Tesla Stock Down 0.9%

The company’s 50-day moving average price is $406.82 and its 200 day moving average price is $404.53. 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 has a market cap of $1.41 trillion, a PE ratio of 344.35, a price-to-earnings-growth ratio of 12.40 and a beta of 1.80.

Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data 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 net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the previous year, the firm posted $0.27 EPS. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. As a group, analysts forecast that Tesla, Inc. will post 1.34 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 3,000 shares of the business’s stock in a transaction on 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 transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 the firm’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 32,015 shares of company stock worth $12,383,640. 19.90% of the stock is owned by insiders.

Institutional Trading of Tesla

A number of institutional investors have recently bought and sold shares of the stock. Crestwood Advisors Group LLC raised its position in shares of Tesla by 34.7% in the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after acquiring an additional 5,039 shares during the period. Calamos Wealth Management LLC increased its stake in shares of Tesla by 5.9% in the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock valued at $18,846,000 after purchasing an additional 2,341 shares in the last quarter. Private Capital Advisors Inc. raised its holdings in Tesla by 139.3% in the 4th quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock worth $9,593,000 after purchasing an additional 12,417 shares during the period. Wealthquest Corp acquired a new stake in Tesla in the fourth quarter valued at approximately $1,035,000. Finally, Knights of Columbus Asset Advisors LLC increased its position in shares of Tesla by 34.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock valued at $28,998,000 after buying an additional 16,652 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.

Tesla Company Profile

(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.