Tesla (NASDAQ:TSLA – Get Free Report)‘s stock had its “hold” rating reiterated by analysts at Needham & Company LLC in a research note issued on Thursday,Benzinga reports.
TSLA has been the topic of a number of other reports. Robert W. Baird dropped their price objective on Tesla from $538.00 to $522.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. Citigroup initiated coverage on Tesla in a research report on Thursday, July 9th. They issued a “market perform” rating on the stock. Morgan Stanley initiated coverage on Tesla in a research report on Monday. They issued a “hold” rating for the company. Glj Research reaffirmed a “sell” rating on shares of Tesla in a research report on Tuesday. Finally, The Goldman Sachs Group assumed coverage on shares of Tesla in a research note on Friday, June 5th. They set a “buy” rating for the company. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $415.45.
View Our Latest Report on Tesla
Tesla Price Performance
Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business’s revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.33 EPS. On average, sell-side analysts expect that Tesla will post 1.34 earnings per share for the current year.
Insider Transactions at Tesla
In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 32,015 shares of company stock valued at $12,383,640 over the last ninety days. 19.90% of the stock is owned by insiders.
Hedge Funds Weigh In On Tesla
Several hedge funds and other institutional investors have recently modified their holdings of TSLA. Networth Advisors LLC bought a new position in shares of Tesla during the fourth quarter valued at $26,000. Chapman Financial Group LLC bought a new stake in shares of Tesla in the 2nd quarter worth about $26,000. Davidson Capital Management Inc. increased its position in shares of Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after purchasing an additional 27 shares in the last quarter. Friedenthal Financial lifted 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 during the last quarter. Finally, Prism Advisors Inc. acquired a new position in Tesla in the fourth quarter valued at about $30,000. Institutional investors own 66.20% of the company’s stock.
Key Headlines Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla reported record Q2 deliveries and revenue of $28.24 billion, showing its core EV business is still growing. Tesla Q2 2026 earnings report
- Positive Sentiment: The company expanded its robotaxi service into new Florida markets, reinforcing investor hopes that autonomy can become a major future revenue stream. Reuters robotaxi expansion article
- Positive Sentiment: At least one analyst reiterated a Buy rating and kept a bullish price target, arguing Tesla’s autonomy potential still matters over the long term. TipRanks analyst rating article
About Tesla
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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