Tesla (NASDAQ:TSLA) Trading Up 2.6% – Time to Buy?

Tesla, Inc. (NASDAQ:TSLA)’s stock price shot up 2.6% during trading on Wednesday . The stock traded as high as $383.14 and last traded at $381.26. 57,842,284 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 61,579,992 shares. The stock had previously closed at $371.75.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China demand showing signs of recovery — China‑made EV shipments rose ~8.7% in March, helping offset weakness elsewhere and supporting revenue growth in Tesla’s largest market. Read More.
• Positive Sentiment: Strong month in parts of Europe — registrations in France and several Nordic countries surged in March, indicating regional rebound potential as Tesla’s cheaper trims gain traction. Read More.
• Positive Sentiment: Energy business still expanding — Tesla reported 8.8 GWh of energy storage deployments in Q1, which helps diversify revenue beyond automotive sales. Read More.
• Neutral Sentiment: FSD and AI narrative remains a wildcard — FSD v14.3 is in employee beta and a broader rollout could be material longer term, but timing, safety and monetization remain uncertain. Read More.
• Neutral Sentiment: Japan expansion could lift international sales over time — Tesla plans to boost stores/service network in Japan, but local preferences for hybrids and execution risk mean results will take time. Read More.
• Neutral Sentiment: SpaceX IPO and merger chatter fuels narrative but is not an immediate earnings catalyst — the idea can affect sentiment but isn’t a verified operational driver today. Read More.
• Negative Sentiment: Delivery shortfall drove the sell‑off — Tesla delivered 358,023 vehicles in Q1, missing Street estimates and sparking investor concern about demand momentum. Read More.
• Negative Sentiment: Production vs. deliveries gap (~50k) signals inventory build — the ~408k produced vs. ~358k delivered raises fears of markdowns and margin pressure if demand doesn’t accelerate. Read More.
• Negative Sentiment: Analyst reactions and downgrades increase downside risk — several firms have cut targets or reiterated sell/hold views after the miss, tightening near‑term sentiment. Read More.
• Negative Sentiment: Insider selling highlighted — a director sold ~25,809 shares (~$9.27M), which can amplify negative sentiment even if not unusual. Read More.
• Negative Sentiment: Intensifying competition — BYD and other rivals are ramping exports and clawing share in key markets, pressuring pricing and growth prospects. Read More.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a report on Thursday, January 29th. Truist Financial reduced their price target on Tesla from $439.00 to $438.00 and set a “hold” rating on the stock in a research report on Thursday, January 29th. Zacks Research cut Tesla from a “hold” rating to a “strong sell” rating in a research note on Monday. Morgan Stanley set a $415.00 price objective on Tesla and gave the stock an “equal weight” rating in a research report on Thursday, January 29th. Finally, Phillip Securities reduced their target price on shares of Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a report on Monday, February 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have given a Sell rating to the stock. Based on data from MarketBeat.com, Tesla presently has a consensus rating of “Hold” and an average target price of $403.98.

Tesla Price Performance

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. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The company has a fifty day moving average price of $402.83 and a two-hundred day moving average price of $427.85.

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

Insider Transactions at Tesla

In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the business’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the sale, the director owned 33,860 shares of the company’s stock, valued at approximately $12,166,913.80. The trade was a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Tesla

A number of institutional investors and hedge funds have recently bought and sold shares of TSLA. Vanguard Group Inc. lifted its position in Tesla by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after buying an additional 6,538,720 shares during the period. State Street Corp grew its holdings in Tesla by 0.9% in the 4th quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock valued at $51,647,164,000 after buying an additional 1,080,085 shares during the period. Geode Capital Management LLC increased its stake in shares of Tesla by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock valued at $29,426,070,000 after acquiring an additional 375,946 shares during the last quarter. Capital World Investors lifted its holdings in shares of Tesla by 5.8% during the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after acquiring an additional 2,403,019 shares during the period. Finally, Norges Bank acquired a new stake in shares of Tesla in the fourth quarter worth approximately $17,128,100,000. 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.