Tesla (NASDAQ:TSLA) Receives Sell Rating from Glj Research

Tesla (NASDAQ:TSLA)‘s stock had its “sell” rating reissued by Glj Research in a research report issued to clients and investors on Friday,Benzinga reports. They presently have a $24.86 price target on the electric vehicle producer’s stock. Glj Research’s price target would indicate a potential downside of 93.77% from the stock’s current price.

A number of other equities research analysts have also commented on the company. Sanford C. Bernstein upgraded Tesla from an “underperform” rating to an “outperform” rating in a research report on Friday, June 5th. DZ Bank upgraded Tesla from a “sell” rating to a “hold” rating and set a $385.00 target price on the stock in a research report on Friday, April 24th. Erste Group Bank upgraded Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. Roth Mkm reiterated a “buy” rating on shares of Tesla in a research report on Thursday, April 23rd. Finally, BNP Paribas Exane lowered Tesla from a “hold” rating to an “underperform” rating in a research report on Friday, June 5th. Twenty-two equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $404.36.

Tesla Stock Performance

TSLA opened at $399.15 on Friday. Tesla has a 52-week low of $288.77 and a 52-week high of $498.83. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.50 trillion, a P/E ratio of 366.19, a price-to-earnings-growth ratio of 15.29 and a beta of 1.80. The firm’s 50-day moving average price is $397.84 and its 200-day moving average price is $416.08.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. As a group, equities analysts anticipate that Tesla will post 1.19 EPS for the current fiscal year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 57,824 shares of company stock worth $21,657,588. Insiders own 19.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. LFG Wealth Partners LLC raised its stake in Tesla by 19.5% in the 1st quarter. LFG Wealth Partners LLC now owns 9,634 shares of the electric vehicle producer’s stock valued at $3,581,000 after purchasing an additional 1,573 shares during the last quarter. Brandywine Financial Group acquired a new position in Tesla in the 1st quarter valued at $6,993,000. Dakota Community Bank & Trust NA raised its stake in Tesla by 39.2% in the 1st quarter. Dakota Community Bank & Trust NA now owns 12,235 shares of the electric vehicle producer’s stock valued at $4,548,000 after purchasing an additional 3,448 shares during the last quarter. FAS Wealth Partners Inc. raised its stake in Tesla by 43.6% in the 1st quarter. FAS Wealth Partners Inc. now owns 19,987 shares of the electric vehicle producer’s stock valued at $7,430,000 after purchasing an additional 6,073 shares during the last quarter. Finally, Robinswood Financial LLC acquired a new stake in shares of Tesla in the 1st quarter worth $82,000. 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 secured additional European approvals for its Full Self-Driving software, including Belgium and Denmark, which strengthens the company’s autonomous-driving growth story and could help investor confidence. Reuters: Tesla gets go-ahead to sell self-driving technology in Belgium
• Positive Sentiment: Analysts at JPMorgan, Piper Sandler, and others reiterated a more constructive view on Tesla’s long-term upside, citing underappreciated opportunities in autonomous vehicles, humanoid robotics, energy storage, and robotaxi deployment. Yahoo Finance: JPMorgan Echoes Why Tesla, Inc. (TSLA) is One of the Best Forever Stocks to Buy
• Positive Sentiment: SpaceX’s blockbuster IPO has revived “Elon premium” sentiment around Tesla, with some investors viewing the broader Musk ecosystem as a tailwind for TSLA. Yahoo Finance: Tesla Stock Needs the SpaceX IPO to Happen Already
• Neutral Sentiment: Trust Wallet’s new support for tokenized Tesla exposure via Binance bStocks is expanding access to TSLA-linked products, but this is more of a market-access headline than a direct business catalyst. Blockonomi: Trust Wallet Now Supports Tokenized Tesla (TSLA) and Nvidia (NVDA)
• Neutral Sentiment: Rival Rivian’s launch of the R2 SUV and broader EV competition may keep pressure on Tesla’s market share narrative, but the impact is indirect and long term. Business Insider: RJ Scaringe said there are 2 big reasons Rivian’s new R2 doesn’t look like a Tesla Model Y dupe
• Negative Sentiment: Erste Group Bank cut its FY2026 and FY2027 earnings estimates for Tesla and kept a Hold rating, adding to concerns that the stock’s valuation remains stretched. MarketBeat: Tesla, Inc. (NASDAQ:TSLA) – Free Report
• Negative Sentiment: Reports that Tesla’s CFO sold more than $1 million in stock may weigh on sentiment, especially amid recent volatility tied to SpaceX IPO speculation. American Banking News: Tesla (NASDAQ:TSLA) CFO Sells $1,048,133.20 in 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.