Tesla (NASDAQ:TSLA) Shares Up 5.5% – Here’s What Happened

Posted by Stanley Muller on Sep 2nd, 2026

Tesla, Inc. (NASDAQ:TSLA – Get Free Report) rose 5.5% during trading on Monday . The stock traded as high as $368.92 and last traded at $367.95. Approximately 61,082,969 shares were traded during mid-day trading, an increase of 14% from the average daily volume of 53,498,328 shares. The stock had previously closed at $348.75.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Investor attention remains focused on Tesla’s Cybercab event in Austin on September 3. The purpose-built, two-seat robotaxi reportedly has a fleet of 45 vehicles registered in Texas, providing a tangible demonstration of Tesla’s autonomous-driving ambitions. Tesla set to hold Cybercab event in Austin, Texas
Positive Sentiment: Tesla says its supervised Full Self-Driving system recorded 4.1 times fewer collisions than manually driven Tesla vehicles in five European countries. The data could support the company’s push for wider European approval, although regulators will make the final decision. Tesla touts European supervised self-driving safety data
Positive Sentiment: Tesla is raising U.S. Cybertruck prices by $5,000 on two variants, potentially improving average selling prices and margins if demand holds. Separately, Einride plans to deploy at least 75 Tesla Semis in 2026 as part of a 500-truck order, offering evidence of commercial-vehicle adoption. Tesla raises Cybertruck prices
Neutral Sentiment: August China-made EV sales increased 3.6% year over year, extending Tesla’s growth streak but slowing sharply from July. European results were similarly mixed, with strong gains in France and Denmark offset by steep declines in markets including Norway, Sweden and Portugal. Tesla China-made EV sales extend growth streak
Negative Sentiment: Analyst Gary Black warned Tesla could fall behind competitors in self-driving because unsupervised autonomy is becoming an industry standard. Waymo and Zoox are expanding robotaxi operations, highlighting Tesla’s regulatory, safety and commercialization hurdles. Gary Black warns Tesla risks falling behind in self-driving
Negative Sentiment: Tesla has stopped accepting Solar Roof orders and has not reported solar deployments since late 2023; its last reported solar figure was down 59% year over year. The move raises concerns about the energy segment’s execution despite supportive U.S. power-grid policy. Tesla Solar Roof is discontinued

Analysts Set New Price Targets

A number of analysts have commented on TSLA shares. BNP Paribas Exane lowered shares of Tesla from a “hold” rating to an “underperform” rating in a report on Friday, June 5th. UBS Group set a $460.00 price target on Tesla in a research note on Thursday, July 23rd. Stifel Nicolaus set a $491.00 target price on shares of Tesla and gave the stock a “buy” rating in a report on Monday, August 3rd. Robert W. Baird set a $475.00 price target on Tesla in a research note on Monday, July 27th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Tesla in a research note on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, Tesla has an average rating of “Hold” and an average target price of $401.74.

Check Out Our Latest Stock Analysis on Tesla

Tesla Trading Down 3.2%

The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The firm has a market capitalization of $1.41 trillion, a P/E ratio of 329.72, a price-to-earnings-growth ratio of 18.58 and a beta of 1.84. The business’s 50-day moving average is $359.08 and its 200 day moving average is $384.01.

Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter last year, the business earned $0.33 EPS. Tesla’s revenue was up 25.5% on a year-over-year basis. As a group, analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. The trade was a 10.57% 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. Corporate insiders own 19.90% of the company’s stock.

Institutional Investors Weigh In On Tesla

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Crestwood Advisors Group LLC increased its holdings in Tesla by 34.7% in the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock valued at $8,799,000 after purchasing an additional 5,039 shares during the period. Wealthquest Corp acquired a new stake in shares of Tesla during the 4th quarter worth approximately $1,035,000. Private Capital Advisors Inc. increased its stake in Tesla by 139.3% in the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock valued at $9,593,000 after purchasing an additional 12,417 shares in the last quarter. Knights of Columbus Asset Advisors LLC boosted its holdings in 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 worth $28,998,000 after acquiring an additional 16,652 shares in the last quarter. Finally, Canada Post Corp Registered Pension Plan lifted its holdings in shares of Tesla by 26.6% in the 4th quarter. Canada Post Corp Registered Pension Plan now owns 70,955 shares of the electric vehicle producer’s stock worth $31,910,000 after purchasing an additional 14,900 shares in the last quarter. 66.20% of the stock is 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.