Tesla (NASDAQ:TSLA) Given New $538.00 Price Target at Robert W. Baird

Tesla (NASDAQ:TSLA) had its price target dropped by stock analysts at Robert W. Baird from $548.00 to $538.00 in a research report issued on Thursday,MarketScreener reports. The firm currently has an “outperform” rating on the electric vehicle producer’s stock. Robert W. Baird’s price target points to a potential upside of 49.20% from the company’s current price.

TSLA has been the subject of several other reports. Wells Fargo & Company dropped their target price on Tesla from $130.00 to $125.00 and set an “underweight” rating for the company in a research note on Thursday, January 29th. Zacks Research downgraded Tesla from a “hold” rating to a “strong sell” rating in a research report on Monday. New Street Research raised their price objective on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Royal Bank Of Canada reissued a “buy” rating on shares of Tesla in a research report on Thursday, March 26th. Finally, Mizuho set a $540.00 price objective on shares of Tesla and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $402.61.

Tesla Trading Down 5.4%

Shares of TSLA stock opened at $360.59 on Thursday. Tesla has a 1-year low of $214.25 and a 1-year high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The business’s fifty day moving average price is $402.83 and its 200 day moving average price is $427.85. The firm has a market capitalization of $1.35 trillion, a PE ratio of 333.88, a P/E/G ratio of 11.31 and a beta of 1.91.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. During the same quarter in the prior year, the firm posted $0.73 EPS. The company’s revenue was down 3.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Tesla will post 2.56 EPS for the current fiscal year.

Insider Activity at Tesla

In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the transaction, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 53,804 shares of company stock valued at $20,865,598 in the last ninety days. 19.90% of the stock is owned by corporate insiders.

Institutional Trading of Tesla

Large investors have recently modified their holdings of the business. Networth Advisors LLC purchased a new position in shares of Tesla during the 4th quarter valued at approximately $26,000. Davidson Capital Management Inc. boosted 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 valued at $27,000 after purchasing an additional 27 shares during the period. Turning Point Benefit Group Inc. bought a new position in Tesla in the 3rd quarter worth about $30,000. Manning & Napier Advisors LLC bought a new stake in shares of Tesla during the third quarter valued at approximately $29,000. Finally, Prism Advisors Inc. acquired a new position in Tesla during the 4th quarter worth $30,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China demand showing improvement — China‑made EV sales rose ~8.7% in March, suggesting recovery in Tesla’s largest market that could stabilize revenue. Tesla’s China-made EV sales rise 8.7% in March — Reuters
• Positive Sentiment: Tesla continues to deploy energy storage (company reported 8.8 GWh in Q1), supporting its diversification beyond cars and a long‑term revenue stream. Tesla First Quarter 2026 Production, Deliveries & Deployments — BusinessWire
• Positive Sentiment: Geographic expansion: Tesla is ramping up stores and service infrastructure in Japan to chase the top imported‑car spot — a market push that could boost near‑term sales if execution holds. Tesla eyes Japan’s top imported-car spot — Reuters
• Neutral Sentiment: FSD / AI narrative remains a longer‑term upside: FSD v14.3 is in employee beta and broader rollouts could re‑accelerate monetization if safety/approval progress continues. Is Tesla’s FSD v14.3 Ready for a Wider Rollout? — Zacks
• Neutral Sentiment: SpaceX IPO / Musk‑ecosystem narratives are resurfacing; these are sentiment drivers rather than immediate earnings catalysts but can amplify volatility. Valuation to the Moon? SpaceX Gears Up for IPO — MarketBeat
• Negative Sentiment: Delivery miss: Q1 deliveries of ~358,000 missed Street expectations (~365–372k), the principal near‑term catalyst for the share decline as investors feared waning end‑market demand. Tesla’s first-quarter deliveries miss estimates — Reuters
• Negative Sentiment: Inventory build: Tesla produced ~408k vehicles but delivered ~358k, creating a ~50k gap that raises concerns about slowing demand, potential discounts and margin pressure. Tesla production vs deliveries — BusinessWire
• Negative Sentiment: Energy storage deployment fell short of some expectations (reported 8.8 GWh vs higher Street forecasts), magnifying worries that both core EV and energy businesses are underperforming. Delivery shortfall and energy storage disappointment — Blockonomi
• Negative Sentiment: Analyst cuts, competition and insider selling: a few sell/hold reiterations and visible insider sales (director Kathleen Wilson‑Thompson) plus BYD’s strong export growth are pressuring sentiment and amplify downside risk. GLJ maintains sell rating on Tesla — Yahoo Finance Tesla director sold $9.27M in stock — InsiderTrades BYD nearly matches Tesla’s exports — Benzinga

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.