Tesla (NASDAQ:TSLA) Trading Down 3.6% – Time to Sell?

Tesla, Inc. (NASDAQ:TSLA) shares traded down 3.6% during mid-day trading on Thursday . The company traded as low as $371.87 and last traded at $372.11. 54,986,441 shares traded hands during trading, a decline of 10% from the average session volume of 61,289,484 shares. The stock had previously closed at $385.95.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Wedbush / Dan Ives and other bulls highlight Tesla’s Terafab chip-plant push with SpaceX as a potential game‑changer for Tesla’s AI, autonomy and robotaxi ambitions — supports the long-term “physical AI” thesis. Dan Ives Says Tesla’s Terafab Project…
• Positive Sentiment: Erste Group bumped its FY2027 EPS estimate for Tesla, a modest analyst upgrade that underpins upside to earnings expectations if execution continues. MarketBeat: Tesla (TSLA) profile
• Positive Sentiment: Reports that Tesla is vertically integrating semiconductor production to accelerate autonomous‑driving/robotics roadmaps reduce a key supply/scale risk for its AI plans if execution succeeds. Tesla accelerates its autonomous driving roadmap…
• Neutral Sentiment: Tesla released a new, cheaper Supercharger design — positive for EV economics and charging rollout but largely incremental to near‑term revenue. Tesla Releases New Supercharger…
• Neutral Sentiment: California regulator said Tesla’s ride‑hailing pilot is not legally a “robotaxi,” a classification that tempers immediate revenue upside from autonomous ride‑hailing but leaves regulatory paths open. Elon Musk’s Tesla Ride-Hailing Service Isn’t A Robotaxi…
• Negative Sentiment: Heightened competition in China: a new premium EV rival took ~15,000 orders in 34 minutes — a sign demand/market share pressure in Tesla’s largest market. Tesla China Demand Faces More Pressure…
• Negative Sentiment: Analysts are trimming Tesla’s delivery outlook, prompting downgrades/price‑target cuts and driving near‑term negative sentiment around growth. Tesla (TSLA) Stock Slides as Analysts Cut Delivery Outlook
• Negative Sentiment: Brand and perception issues (surveys and critical commentary on Elon Musk) plus scrutiny around FSD/autonomy have weighed on investor confidence and could pressure multiples until narrative improves. The Tesla Brand Has Hit A Bottom — And It Has An Elon Musk Problem

Analysts Set New Price Targets

Several research analysts recently commented on the company. President Capital reduced their target price on Tesla from $517.00 to $500.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, January 27th. Stifel Nicolaus set a $508.00 price objective on shares of Tesla in a report on Thursday, January 29th. Truist Financial lowered their target price on shares of Tesla from $439.00 to $438.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. Finally, Bank of America assumed coverage on shares of Tesla in a research report on Wednesday, March 4th. They issued a “buy” rating and a $460.00 price target for the company. Nineteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Tesla has a consensus rating of “Hold” and an average target price of $406.84.

Tesla Trading Down 3.6%

The firm has a market cap of $1.40 trillion, a P/E ratio of 344.55, a price-to-earnings-growth ratio of 11.33 and a beta of 1.89. 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’s fifty day moving average price is $411.05 and its two-hundred day moving average price is $428.07.

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

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 87,995 shares of company stock worth $38,315,650. Insiders own 19.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. J. Derek Lewis & Associates Inc. acquired a new stake in Tesla in the 4th quarter valued at about $18,466,000. Purpose Unlimited Inc. acquired a new position in shares of Tesla during the fourth quarter worth approximately $328,776,000. Cornerstone Planning LLC bought a new stake in shares of Tesla during the fourth quarter valued at approximately $665,000. AMG Asset Management Group Inc. acquired a new stake in shares of Tesla in the fourth quarter valued at approximately $610,000. Finally, Forty three Eighteen Advisors LLC bought a new position in Tesla in the 4th quarter worth approximately $2,784,000. 66.20% of the stock is owned by institutional investors.

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.