Tesla (NASDAQ:TSLA) Stock Price Down 2.6% – Here’s What Happened

Tesla, Inc. (NASDAQ:TSLA)’s share price was down 2.6% on Thursday . The stock traded as low as $414.00 and last traded at $417.07. Approximately 61,217,828 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 63,385,262 shares. The stock had previously closed at $428.27.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tencent cloud deal strengthens Tesla’s China product offering — partnership will add WeChat‑linked in‑car features and faster OTA updates, helping retention and revenue in Tesla’s largest EV market. Tencent, Tesla team up on WeChat-linked in-car features in China
• Positive Sentiment: Chinese regulator moving to curb price wars in EVs should reduce cutthroat discounting and stabilize margins/pricing for incumbents like Tesla in China. Tesla Stock Rises as Chinese Watchdog Moves to Tame Cutthroat Price War
• Positive Sentiment: New analyst coverage: Tigress Financial initiated coverage with a Buy and $550 target — a sizeable upside thesis that can support investor demand if momentum returns. Tigress Financial buy rating
• Positive Sentiment: Product demand signal — Model Y again was California’s best‑selling new vehicle in 2025, underscoring durable retail demand in a key market. Model Y top seller in California
• Neutral Sentiment: Trademark dispute timing extended — a 30‑day extension on the Cybercab trademark fight gives Tesla short breathing room but keeps uncertainty alive. Expect further headlines until resolved. Cybercab trademark extension
• Neutral Sentiment: Technicals and analyst targets create a fragile rally setup — momentum indicators improving but valuation and a broken uptrend leave the rebound susceptible to failure (MarketBeat analysis). (MarketBeat article summary)
• Negative Sentiment: Tesla lost the top EV seller crown in Europe to Volkswagen — a market‑share decline in Europe raises execution questions and highlights intensifying competition. As Tesla Loses in Europe
• Negative Sentiment: Competition and talent/technical risk: Apptronik’s big funding round and continued progress on humanoid robots intensifies competition for Optimus, and a Tesla AI/infra VP recently departed — both increase execution risk on the robotics/AI front. Apptronik raises $520M AI lead departs
• Negative Sentiment: Persistent valuation concerns and bearish commentary (e.g., pieces arguing TSLA could head to ~$300) add downside pressure if growth or AI/robotics profit evidence disappoints. Is Tesla Stock Headed To $300?

Analyst Ratings Changes

A number of analysts have issued reports on TSLA shares. Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research note on Thursday, January 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $510.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Bank of America raised their price objective on shares of Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $500.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Finally, Dbs Bank raised Tesla to a “hold” rating in a research note on Wednesday, November 5th. Eighteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine 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 $408.09.

Tesla Price Performance

The firm has a market cap of $1.57 trillion, a price-to-earnings ratio of 386.18, a price-to-earnings-growth ratio of 14.24 and a beta of 1.86. The company’s fifty day moving average is $445.74 and its two-hundred day moving average is $413.37. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.

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

Insider Activity

In other Tesla news, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the transaction, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 119,457 shares of company stock valued at $53,501,145. Insiders own 19.90% of the company’s stock.

Hedge Funds Weigh In On Tesla

A number of large investors have recently made changes to their positions in TSLA. Vanguard Group Inc. increased its stake in shares of Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after purchasing an additional 6,538,720 shares during the last quarter. State Street Corp raised its stake in Tesla by 0.3% during the third quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer’s stock worth $50,592,614,000 after acquiring an additional 344,162 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Tesla by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after acquiring an additional 375,946 shares in the last quarter. Capital World Investors raised its position in Tesla by 5.8% in 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 purchasing an additional 2,403,019 shares during the last quarter. Finally, Norges Bank acquired a new stake in Tesla during the 4th quarter worth $17,128,100,000. Institutional investors and hedge funds 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.