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

Glj Research reissued their sell rating on shares of Tesla (NASDAQ:TSLA) in a report published on Friday,Benzinga reports.

A number of other brokerages have also recently commented on TSLA. UBS Group set a $460.00 price target on Tesla in a research report on Thursday, July 23rd. William Blair reaffirmed a “market perform” rating on shares of Tesla in a report on Thursday, July 2nd. BTIG Research lowered Tesla to a “neutral” rating in a research note on Friday, June 5th. Jefferies Financial Group set a $400.00 price objective on Tesla and gave the company a “hold” rating in a research note on Monday, July 13th. Finally, TD Cowen reiterated a “buy” rating on shares of Tesla in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Tesla presently has a consensus rating of “Hold” and a consensus target price of $401.74.

Tesla Stock Performance

Shares of Tesla stock opened at $354.08 on Friday. Tesla has a 52-week low of $297.38 and a 52-week high of $498.83. The stock has a market cap of $1.40 trillion, a PE ratio of 327.85, a PEG ratio of 17.88 and a beta of 1.84. The firm has a 50-day moving average of $358.22 and a 200-day moving average of $382.85. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data 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). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same quarter last year, the firm earned $0.33 EPS. Tesla’s revenue for the quarter was up 25.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Tesla will post 0.88 EPS for the current year.

Institutional Trading of Tesla

Several institutional investors have recently added to or reduced their stakes in TSLA. California State Teachers Retirement System raised its stake in Tesla by 41,911.1% during the second quarter. California State Teachers Retirement System now owns 1,797,248,195 shares of the electric vehicle producer’s stock worth $755,922,591,000 after buying an additional 1,792,970,163 shares during the last quarter. State Street Corp grew its holdings in Tesla by 0.9% during the 4th quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock worth $51,647,164,000 after acquiring an additional 1,080,085 shares during the period. Geode Capital Management LLC raised its position 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. Norges Bank acquired a new position in shares of Tesla in the 4th quarter valued at about $17,128,100,000. Finally, Amundi lifted its stake in shares of Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock valued at $8,243,513,000 after purchasing an additional 2,727,141 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla began offering limited Cybercab rides in Austin, marking tangible progress toward its long-promised autonomous-vehicle strategy. The company is also soliciting interest from businesses that may purchase Cybercab fleets or provide supporting infrastructure, potentially expanding the model beyond Tesla-operated vehicles. Tesla Cybercab Hits Austin Streets
• Positive Sentiment: Tesla said the Cybercab motor uses no rare-earth metals, which could reduce supply-chain exposure. Separately, French authorities began testing Tesla’s Full Self-Driving technology, a possible step toward European regulatory progress. Cybercab Rare-Earth-Free Motor
• Neutral Sentiment: Technical analysts identified potential support around $330–$331 after the stock failed to hold resistance near $380. A successful rebound could restore momentum, but a break below roughly $347 could increase downside pressure. Tesla Forecast and Technical Levels
• Negative Sentiment: The National Highway Traffic Safety Administration opened an audit involving approximately 1,000 Cybercabs. Regulators are reviewing Tesla’s self-certification and whether a vehicle without a steering wheel, pedals or conventional mirrors complies with federal safety standards, creating potential approval and rollout delays. NHTSA Cybercab Probe
• Negative Sentiment: Analysts and financial media characterized the event as underwhelming, citing limited updates and unanswered questions about manufacturing scale, commercialization and economics. Bearish commentary—including a reiterated sell rating and an extreme downside forecast—added to the pressure, especially given Tesla’s very high earnings multiple and recent EPS miss. Tesla Stock Drops After Cybercab Update

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.