Tesla (NASDAQ:TSLA) Earns “Sell” Rating from Glj Research

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

Other analysts have also issued research reports about the stock. TD Cowen started coverage on shares of Tesla in a report on Monday, October 26th. They set a “hold” rating for the company. Citizens Jmp started coverage on shares of Tesla in a research report on Thursday, July 9th. They set a “market perform” rating for the company. JPMorgan Chase & Co. increased their price target on Tesla from $415.00 to $430.00 and gave the company a “neutral” rating in a research note on Thursday, October 22nd. Deutsche Bank Aktiengesellschaft began coverage on Tesla in a research report on Monday, October 26th. They issued a “buy” rating on the stock. Finally, BMO Capital Markets initiated coverage on Tesla in a research note on Monday, August 17th. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $414.51.

Tesla Trading Up 4.2%

Tesla stock traded up $14.53 during trading hours on Thursday, reaching $358.22. 36,597,110 shares of the company’s stock traded hands, compared to its average volume of 36,353,072. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. Tesla has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The firm has a market capitalization of $1.42 trillion, a price-to-earnings ratio of 393.65, a PEG ratio of 25.01 and a beta of 1.74. The firm’s 50 day moving average is $372.14 and its 200-day moving average is $384.35.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping the consensus estimate of $0.46 by $0.02. The company had revenue of $28.05 billion during the quarter, compared to analysts’ expectations of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. Tesla’s revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.50 EPS. On average, analysts predict that Tesla will post 0.67 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’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 owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 20.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Legal & General Group Plc acquired a new position in Tesla during the second quarter worth $8,535,612,000. Bank of New York Mellon Corp acquired a new position in shares of Tesla during the 2nd quarter worth about $6,083,630,000. Deutsche Bank AG acquired a new position in shares of Tesla during the 2nd quarter worth about $4,039,090,000. Canada Pension Plan Investment Board acquired a new stake in shares of Tesla in the second quarter valued at about $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Tesla during the second quarter worth about $2,995,584,000. 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: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

Tesla Company Profile

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.