Tesla (NASDAQ:TSLA) Price Target Cut to $123.00 by Analysts at HSBC

Tesla (NASDAQ:TSLA) had its price objective lowered by research analysts at HSBC from $127.00 to $123.00 in a research note issued on Thursday,MarketScreener reports. HSBC’s target price points to a potential downside of 66.99% from the company’s current price.

A number of other equities research analysts have also recently weighed in on TSLA. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Tesla in a report on Thursday. DZ Bank raised shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective on the stock in a research note on Friday. Piper Sandler reaffirmed an “overweight” rating on shares of Tesla in a report on Thursday, January 29th. Phillip Securities decreased their price objective on shares of Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a research note on Monday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Tesla from $480.00 to $465.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Eighteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and eight have assigned a Sell rating to the company. According to MarketBeat, Tesla has a consensus rating of “Hold” and a consensus target price of $398.45.

Tesla Stock Performance

NASDAQ:TSLA opened at $372.66 on Thursday. The company has a market cap of $1.40 trillion, a P/E ratio of 342.86, a P/E/G ratio of 12.25 and a beta of 1.91. The firm’s 50 day moving average is $386.76 and its two-hundred day moving average is $421.29. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. Tesla has a fifty-two week low of $249.20 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.96% and a net margin of 3.95%.The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same period in the previous year, the business earned $0.27 EPS. The business’s quarterly revenue was up 15.8% on a year-over-year basis. Analysts expect that Tesla will post 1.37 EPS for the current year.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the transaction, the director directly owned 33,860 shares of the company’s stock, valued at $12,166,913.80. This represents a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Relyea Zuckerberg Hanson LLC raised its position in Tesla by 0.4% in the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock worth $2,916,000 after purchasing an additional 23 shares in the last quarter. Equita Financial Network Inc. raised its position in Tesla by 2.8% in the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock valued at $380,000 after purchasing an additional 23 shares during the last quarter. VanderPol Investments L.L.C. lifted its position in Tesla by 2.2% during the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock worth $464,000 after buying an additional 23 shares in the last quarter. Resonant Capital Advisors LLC lifted its position in shares of Tesla by 0.3% during the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock worth $3,814,000 after purchasing an additional 23 shares in the last quarter. Finally, Cloud Capital Management LLC lifted its holdings in Tesla by 1.1% during the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock worth $923,000 after buying an additional 23 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 beat on EPS and surprise positive free cash flow gives near-term support to TSLA; investors point to profitability resilience despite softer vehicle demand. Tesla reports surprise positive free cash flow
• Positive Sentiment: Elon Musk says Tesla has begun pilot production of Cybercab robotaxis and shared video of an occupant-less vehicle — a tangible milestone for the autonomy/robotaxi narrative that supports longer-term upside. Elon Musk says Tesla has started producing cybecabs
• Positive Sentiment: Tesla’s share in California new‑car registrations jumped to ~56% in Q1 — a sign the company still holds market strength in its largest U.S. EV market. Tesla’s California market share soars to 56% in Q1 2026
• Positive Sentiment: Intel/Tesla Terafab disclosure (plans to use Intel’s 14A process) reduces some chip‑supply uncertainty for Tesla’s in‑house AI chip ambitions and helped chip partners rally. Elon Musk lays out Terafab AI chip project plan
• Neutral Sentiment: Next‑gen A15 AI chip tape‑out clears a technical milestone for Tesla’s compute roadmap, but manufacturing and scale remain the bigger near‑term questions. This Is What Tesla Inc. (TSLA) A15 Chip Tape-out Means
• Neutral Sentiment: Analysts are split: some firms (TD Cowen, Cantor, Canaccord) reiterated/upgraded ratings and raised targets, while others stuck to neutral or trimmed targets — providing both support and friction in the stock. Benzinga coverage of analyst moves
• Negative Sentiment: Tesla warned it will spend more than $25 billion this year on AI, chips and robotics — investors fear a sharp capex ramp will push cash flow negative for 2026 and compress near‑term returns. That announcement has been the primary sell catalyst since the earnings call. Tesla’s $25 billion spending plan tests investor faith
• Negative Sentiment: Musk acknowledged older HW3 vehicles won’t achieve unsupervised FSD without upgrades — a costly retrofit promise for owners and a reputational/headline risk for Tesla. Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving’
• Negative Sentiment: Timelines for robotaxi / Optimus commercialization were softened or removed in the Q1 filing and call; analysts warned rollout is slower than hoped — increasing execution risk versus the premium valuation. Musk sounds cautious tone on robotaxis amid slower-than-expected rollout
• Negative Sentiment: A brief, vague SEC‑filed ~ $2B AI/hardware acquisition disclosure (no company named) added uncertainty about what Tesla bought and its near‑term impact on financials. Tesla slips one-sentence disclosure of a mysterious $2 billion AI hardware acquisition

About Tesla

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.