Tesla (NASDAQ:TSLA) Rating Lowered to Hold at Jefferies Financial Group

Tesla (NASDAQ:TSLA) was downgraded by Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.

A number of other analysts have also commented on the stock. Barclays raised shares of Tesla from an “outperform” rating to an “overweight” rating and upped their price objective for the company from $370.00 to $450.00 in a research note on Monday, October 26th. Royal Bank Of Canada downgraded shares of Tesla from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 22nd. Truist Financial set a $370.00 price target on shares of Tesla and gave the company a “hold” rating in a report on Thursday, July 23rd. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, October 22nd. Finally, DZ Bank raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has an average rating of “Moderate Buy” and an average target price of $414.51.

Tesla Stock Performance

TSLA opened at $379.78 on Monday. The firm has a market cap of $1.50 trillion, a PE ratio of 417.35, a P/E/G ratio of 23.42 and a beta of 1.74. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $372.97 and a 200-day simple moving average of $383.73. Tesla has a fifty-two week low of $297.38 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA) last announced its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. During the same period in the previous year, the firm earned $0.50 earnings per share. Tesla’s revenue for the quarter was down .2% compared to the same quarter last year. As a group, equities analysts predict that Tesla will post 0.67 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by company insiders.

Institutional Trading of Tesla

Several institutional investors have recently made changes to their positions in TSLA. Security National Bank of Sioux City Iowa IA purchased a new position in shares of Tesla during the 2nd quarter valued at $25,000. Harborfront Financial Group LLC acquired a new stake in Tesla during the second quarter valued at $34,000. Montgomery Financial Services LLC purchased a new position in Tesla in the second quarter valued at about $40,000. Timbuktu Capital Management LLC purchased a new position in Tesla in the second quarter valued at about $42,000. Finally, Navigoe LLC acquired a new position in Tesla in the 2nd quarter worth about $45,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Finland approved Tesla’s Assisted Driving system, a potential step toward broader availability in Europe. Reuters: Finland approves Tesla’s Assisted Driving system
• Positive Sentiment: Robotaxi remains a key growth narrative: a report says Tesla’s Texas fleet has reached 1,302 vehicles, while CEO Elon Musk predicts the Cybercab will dominate markets where regulations allow it. These ambitions could support long-term growth, but depend on adoption and regulatory progress. Benzinga: Musk predicts Cybercab will dominate ride-hailing
• Neutral Sentiment: Tesla has begun work on a planned $10 billion solar factory near Houston, broadening its energy ambitions. The project could create a new growth opportunity, but its scale also raises questions about investment needs and returns. BeInCrypto: Tesla’s Crystal Sun solar factory
• Negative Sentiment: Tesla plans to end Cybertruck production around mid-2027 and redirect capacity to Cybercab; Musk says some reservation holders may receive refunds. The pivot could free resources for robotaxis, but ending the truck line may disappoint customers and raises questions about the product’s prospects. Barron’s: Tesla’s China sales and year-end targets
• Negative Sentiment: Tesla’s October retail sales in China reportedly fell to their lowest level since 2022, a concern for demand in a major market. Separately, commentary about a possible $1 trillion chipmaking bill underscores the risk that ambitious expansion plans could require substantial capital; that figure is not described as a confirmed spending commitment. Barron’s: Tesla’s China sales hit a low

About Tesla

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.