Glj Research Reaffirms Sell Rating for Tesla (NASDAQ:TSLA)

Tesla (NASDAQ:TSLA)‘s stock had its “sell” rating reiterated by equities researchers at Glj Research in a research report issued on Thursday, Benzinga reports.

Other equities analysts also recently issued research reports about the stock. BNP Paribas Exane reduced their target price on shares of Tesla from $280.00 to $268.00 and set an “underperform” rating for the company in a research note on Thursday, September 24th. Oppenheimer reiterated a “market perform” rating on shares of Tesla in a research note on Monday, September 21st. Stifel Nicolaus set a $491.00 target price on shares of Tesla and gave the stock a “buy” rating in a research note on Monday, August 3rd. Roth Capital restated a “buy” rating and issued a $505.00 price objective on shares of Tesla in a research report on Thursday, July 23rd. Finally, UBS Group restated a “buy” rating and issued a $391.00 price objective (up from $385.00) on shares of Tesla in a research report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $412.33.

Tesla Stock Performance

Shares of TSLA traded down $9.28 during trading hours on Thursday, hitting $353.16. The company’s stock had a trading volume of 41,420,490 shares, compared to its average volume of 50,676,945. The company has a market cap of $1.39 trillion, a price-to-earnings ratio of 327.08, a PEG ratio of 23.84 and a beta of 1.92. 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 business has a 50 day simple moving average of $359.46 and a two-hundred day simple moving average of $377.06. Tesla has a 52-week low of $297.38 and a 52-week high of $498.83.

Tesla (NASDAQ:TSLA) last posted its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%. Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 EPS. On average, equities analysts expect that Tesla will post 0.69 earnings per share for the current fiscal year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm’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 directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company’s stock.

Hedge Funds Weigh In On Tesla

Large investors have recently modified their holdings of the company. Corient Private Wealth LLC lifted its position in Tesla by 3,205.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after purchasing an additional 20,810,386 shares during the last quarter. Legal & General Group Plc bought a new stake in Tesla during the second quarter valued at approximately $8,535,612,000. Bank of New York Mellon Corp bought a new stake in Tesla during the second quarter valued at approximately $6,083,630,000. Deutsche Bank AG bought a new stake in Tesla during the second quarter valued at approximately $4,039,090,000. Finally, Canada Pension Plan Investment Board bought a new stake in Tesla during the second quarter valued at approximately $3,144,509,000. 66.20% of the stock is currently owned by institutional investors.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s redesigned Roadster demonstrated brief flight, aerial maneuvers, rapid acceleration and SpaceX-related thruster technology. The high-profile event renewed interest in Tesla’s engineering capabilities and helped drive early buying. Production is currently targeted for 2028. TSLA Roadster Demo Shows Off Tech Spectacle, Question Marks on Outlook Linger
• Positive Sentiment: Speculation about a Tesla-SpaceX combination intensified after the Roadster event. Prediction-market odds of a merger before early 2027 rose above 50%, while some analysts argue the companies could operate as a combined engineering and AI platform. However, no transaction has been announced. Prediction market odds on Tesla-SpaceX merger are above 50% for early 2027
• Positive Sentiment: Tesla received approval for its self-driving technology in Slovakia, potentially supporting future European autonomy expansion. Its Austin robotaxi fleet is also reportedly growing, offering investors additional evidence that the company is making progress beyond traditional EV sales. Tesla receives approval for self-driving tech in Slovakia
• Neutral Sentiment: Attention now shifts to Tesla’s third-quarter results on October 21. Analysts and options traders expect a potentially large post-earnings move, with investors focused on deliveries, automotive margins, free cash flow, capital spending, robotaxi economics and guidance.
• Negative Sentiment: Analysts questioned the Roadster’s financial impact because it is a high-priced, low-volume halo product with no firm pricing or delivery schedule. Gene Munster described the demonstration as an engineering spectacle with little commercial value, while nearly a decade of delays adds execution risk. Tesla Stock Gains on Flying Roadster Demo, but Gene Munster Sees No Commercial Value
• Negative Sentiment: Fundamental concerns remain ahead of earnings: margins are under pressure, free cash flow is negative, spending is rising and estimates for revenue and earnings are edging lower despite a delivery beat. Tesla’s premium valuation leaves limited room for disappointment. Roadster Hype Can’t Mask TSLA’s Margin and FCF Woes Before Q3 Earnings
• Negative Sentiment: Competitive and leadership risks are also weighing on the stock. Nvidia is expanding self-driving partnerships with automakers, Waymo remains a major robotaxi rival, and Tesla’s energy chief reportedly departed as CEO Elon Musk emphasizes AI and robotics. Tesla Gets Competition From Nvidia In Self Driving Cars

Tesla Company Profile

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.