Tesla’s (TSLA) Sell Rating Reiterated at Glj Research

Tesla (NASDAQ:TSLA)‘s stock had its “sell” rating reaffirmed by stock analysts at Glj Research in a note issued to investors on Thursday, Benzinga reports.

Other analysts also recently issued research reports about the stock. UBS Group reissued a “buy” rating and set a $391.00 price objective (up from $385.00) on shares of Tesla in a report on Wednesday, October 7th. Stifel Nicolaus set a $491.00 target price on shares of Tesla and gave the company a “buy” rating in a report on Monday, August 3rd. Roth Capital restated a “buy” rating and set a $505.00 target price on shares of Tesla in a research report on Thursday, July 23rd. Wells Fargo & Company reaffirmed a “buy” rating on shares of Tesla in a report on Thursday, October 1st. Finally, BMO Capital Markets initiated coverage on shares of Tesla in a research report on Monday, August 17th. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, Tesla presently has a consensus rating of “Hold” and an average price target of $412.33.

Tesla Stock Performance

TSLA traded down $4.02 on Thursday, hitting $363.14. 20,577,436 shares of the company traded hands, compared to its average volume of 50,708,602. Tesla has a 12-month low of $297.38 and a 12-month high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average of $358.60 and a 200-day moving average of $377.05. The stock has a market capitalization of $1.43 trillion, a PE ratio of 336.24, a PEG ratio of 24.37 and a beta of 1.92.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same period in the prior year, the firm posted $0.33 earnings per share. The business’s quarterly revenue was up 25.5% compared to the same quarter last year. Sell-side analysts anticipate that Tesla will post 0.69 earnings per share for the current year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the transaction, the chief financial officer owned 25,972 shares of the company’s stock, valued at $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by company insiders.

Institutional Trading of Tesla

A number of hedge funds have recently added to or reduced their stakes in TSLA. Bamco Inc. NY raised its stake in shares of Tesla by 5.0% in the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after acquiring an additional 591,243 shares during the last quarter. One Plus One Wealth Management LLC bought a new position in Tesla in the 2nd quarter worth approximately $1,009,000. Bessemer Group Inc. lifted its holdings in Tesla by 23.6% during the 1st quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock worth $20,908,000 after buying an additional 10,747 shares in the last quarter. H&H International Investment LLC bought a new position in Tesla in the 1st quarter valued at $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in Tesla by 12.4% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock valued at $15,470,000 after acquiring an additional 4,806 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is set to unveil its long-delayed next-generation Roadster, potentially featuring SpaceX-assisted thrusters, a targeted range of roughly 620 miles and sub-one-second acceleration. The event could renew enthusiasm around Tesla’s technology and brand, although commercial timing and production details remain important. Tesla set to unveil next-generation Roadster
• Positive Sentiment: A reported 1-gigawatt-hour Megapack order from Apollo Power highlights potential growth in grid storage tied to artificial-intelligence data centers. Tesla has also opened its first heavy-duty Megacharger site with 12 more under construction, expanding its energy and commercial-vehicle opportunities. TSLA Megapack order
• Positive Sentiment: Tesla’s Cybercab fleet in Austin has reportedly expanded rapidly, supporting the company’s robotaxi ambitions. California legislation supporting virtual power plants could also benefit Tesla’s energy-storage business. Tesla robotaxi fleet expansion
• Neutral Sentiment: Speculation about a Tesla-SpaceX merger has attracted attention following a Barclays note, but no agreement has been announced. Prediction-market skepticism suggests investors view the possibility as highly uncertain. Tesla and SpaceX merger speculation
• Negative Sentiment: Analysts and commentators continue to question whether Tesla’s valuation is justified as automotive margins weaken, free cash flow turns negative and planned 2026 capital spending exceeds $25 billion. A “sell” rating was also reaffirmed by GLJ Research.
• Negative Sentiment: Competition is intensifying: General Motors is challenging Tesla on affordability and autonomous driving, while Alphabet’s Waymo threatens the premium attached to Tesla’s robotaxi narrative. Investors are also awaiting answers on Cybercab commercialization, FSD upgrades and robotaxi economics. Waymo competition with Tesla
• Negative Sentiment: Ahead of Tesla’s October 21 earnings report, expectations call for declining earnings, with vehicle deliveries reportedly below the prior year despite exceeding estimates. This keeps automotive revenue and margin performance at the center of near-term investor concern.

About Tesla

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.