Shares of Tesla, Inc. (NASDAQ:TSLA – Get Free Report) were up 2.6% on Thursday . The company traded as high as $355.74 and last traded at $354.81. 29,930,946 shares were traded during trading, a decline of 44% from the average daily volume of 53,637,465 shares. The stock had previously closed at $345.82.
More Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla’s official Robotaxi account announced expanded service hours and a larger unsupervised fleet, while the company continues expanding beyond Austin and Miami. Nevada also increased Tesla’s potential Las Vegas robotaxi operating cap from 10 vehicles to 5,000, strengthening the long-term autonomy narrative. Tesla Stock Is Trending Higher Today: What’s Happening?
- Positive Sentiment: Tesla scheduled a September 24 event for the Semi, renewing expectations that autonomous trucking could become a significant future sales and profit catalyst. Tesla Announces Semi Event for September 24
- Positive Sentiment: Strong Nvidia earnings and guidance improved the broader AI backdrop, potentially supporting investor enthusiasm for Tesla’s AI-compute infrastructure and Full Self-Driving training efforts. Why Nvidia Earnings Matter for Tesla Stock
- Positive Sentiment: Tesla denied reports that it is winding down Full Self-Driving work or closing its Shanghai data center, reducing fears of a retreat from the strategically important Chinese market. Tesla Denies Pullback on FSD in China
- Neutral Sentiment: Speculative commentary remains highly bullish on Optimus, including a forecast of one billion robots by 2036, but prediction markets assign only a 3% probability to a 2026 Optimus preorder. Meanwhile, SoftBank may value rival 1X at $6 billion, underscoring both the opportunity and competitive risk in humanoid robotics. Tesla Optimus Rival Could Be Worth $6 Billion
- Negative Sentiment: Tesla quietly discontinued its Solar Roof product, raising fresh execution concerns around its energy ambitions. The company also faces intense autonomy competition from Waymo and Rivian, while the departure of a senior AI-chip leader highlights pressure to retain specialized talent. Tesla Stock in Focus After Quiet Product Exit
- Negative Sentiment: Cybertruck prices rose by as much as $5,000 despite sluggish sales. The increase may support per-vehicle margins but risks further weakening demand and emphasizes the gap between Tesla’s original pricing promises and current positioning. Tesla Hikes Cybertruck Prices
- Negative Sentiment: Analysts and commentators continue to question Tesla’s premium valuation, citing thin margins, negative free cash flow, Chinese EV competition and unproven robotaxi and robotics plans. The stock’s elevated earnings multiple leaves limited room for execution disappointments.
Analyst Ratings Changes
TSLA has been the subject of several recent research reports. Evercore raised Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. JPMorgan Chase & Co. lowered their price objective on Tesla from $475.00 to $445.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. William Blair restated a “market perform” rating on shares of Tesla in a research note on Thursday, July 2nd. BTIG Research downgraded shares of Tesla to a “neutral” rating in a research note on Friday, June 5th. Finally, Wells Fargo & Company reissued an “underweight” rating and issued a $130.00 price target (up from $125.00) on shares of Tesla in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, nineteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $401.74.
Tesla Stock Performance
The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 328.53, a PEG ratio of 17.68 and a beta of 1.83. The stock has a fifty day moving average price of $362.28 and a 200-day moving average price of $385.80.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter last year, the company earned $0.33 earnings per share. The business’s revenue was up 25.5% on a year-over-year basis. As a group, analysts anticipate that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.
Insider Buying and Selling at Tesla
In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the sale, the chief financial officer owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.
Institutional Trading of Tesla
Several large investors have recently added to or reduced their stakes in TSLA. Chapman Financial Group LLC acquired a new position in shares of Tesla in the 2nd quarter worth approximately $26,000. Friedenthal Financial increased 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 purchasing an additional 30 shares in the last quarter. Turning Point Benefit Group Inc. bought a new position in Tesla in the 3rd quarter valued at $30,000. Texas Capital Bancshares Inc TX acquired a new position in Tesla in the third quarter worth $31,000. Finally, Harborfront Financial Group LLC acquired a new position in Tesla in the second quarter worth $34,000. 66.20% of the stock is owned by institutional investors.
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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