Tesla (NASDAQ:TSLA) Stock Price Down 2% – Here’s What Happened

Tesla, Inc. (NASDAQ:TSLA)’s stock price fell 2% during trading on Monday . The company traded as low as $388.33 and last traded at $392.50. 64,219,520 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 65,933,768 shares. The stock had previously closed at $400.62.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 profit beat expectations and profitability signs. Tesla reported adjusted EPS ahead of Street estimates and its profitability metrics (net margin/ROE) improved versus recent lows — a key reason investors pushed the shares up after hours. Tesla’s first-quarter earnings beat Wall Street expectations
• Positive Sentiment: Surprise free‑cash‑flow/cash surplus gives breathing room for big 2026 capex. Tesla reported positive free cash flow despite signalling a >$20B+ investment plan for the year — this reduces near‑term financing risk around Terafab, chips and robotaxi rollout. When Does Tesla Report? When Does the Call Start?
• Positive Sentiment: AI/hardware progress: A15 chip tape‑out completed. Management’s update that the next‑gen A15 AI chip has taped out moves Tesla closer to scaling its in‑house AI stack for FSD, robotaxi and Optimus — a storyline the market rewards. This Is What Tesla Inc. (TSLA) A15 Chip Tape-out Means
• Neutral Sentiment: Robotaxi & FSD milestones highlighted but monetization remains early. Tesla flagged growth in robotaxi miles and FSD subscriptions (1.28M subs cited), reinforcing the AI narrative — yet these remain pre‑revenue or early‑revenue initiatives. Tesla Q1 revenue rises, driven by EV sales and FSD subscriptions
• Neutral Sentiment: Product expansion in India (new six‑seater Model Y) could support long‑term volume but is early stage. Geographic/product diversification is constructive but unlikely to move near‑term revenue materially. Tesla launches six-seater Model Y variant in India
• Negative Sentiment: Revenue missed consensus and EV demand showed signs of softening. Q1 revenue fell short of estimates and management cited weaker demand after U.S. EV tax‑credit expirations — a headwind to top‑line growth. Tesla revenue misses estimates as demand weakens
• Negative Sentiment: Deliveries lagged production, inventory rose. Reports show deliveries missed and inventory days increased — a near‑term operational risk that pressures margins if demand doesn’t reabsorb the built stock. Tesla Q1 2026 earnings: profit up, deliveries miss
• Negative Sentiment: Energy storage / battery sales slowdown and environmental scrutiny. Energy sales unexpectedly cooled and independent testing raised concerns about discharges at a Texas lithium facility — both items increase execution risk on Tesla’s ‘quiet moneymaker.’ Tesla’s Quiet Moneymaker, Its Battery Business, Suddenly Stalls Tesla’s Texas Lithium Refinery Discharge Contains Toxic Metals

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TSLA. Royal Bank Of Canada lowered their price target on shares of Tesla from $500.00 to $480.00 and set an “outperform” rating for the company in a report on Monday, April 13th. JPMorgan Chase & Co. reissued a “sell” rating on shares of Tesla in a research note on Wednesday. Mizuho set a $540.00 price objective on shares of Tesla and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, January 27th. Finally, UBS Group raised shares of Tesla from a “sell” rating to a “neutral” rating and set a $352.00 price objective for the company in a research note on Tuesday, April 14th. Eighteen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the stock. According to data from MarketBeat.com, Tesla currently has a consensus rating of “Hold” and an average target price of $397.26.

Tesla Trading Up 0.3%

The firm has a market capitalization of $1.45 trillion, a PE ratio of 358.81, a price-to-earnings-growth ratio of 12.41 and a beta of 1.91. The stock’s 50-day moving average price is $388.44 and its 200 day moving average price is $421.86. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The business had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period last year, the company posted $0.73 earnings per share. On average, sell-side analysts expect that Tesla, Inc. will post 1.37 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of the firm’s stock in a transaction that occurred on 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 approximately $12,166,913.80. This trade represents a 43.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 53,804 shares of company stock worth $20,865,598. Corporate insiders own 19.90% of the company’s stock.

Institutional Trading of Tesla

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Networth Advisors LLC purchased a new stake in shares of Tesla during the fourth quarter valued at about $26,000. Chapman Financial Group LLC purchased a new position in shares of Tesla in the 2nd quarter worth approximately $26,000. Davidson Capital Management Inc. grew its position in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after buying an additional 27 shares during the last quarter. Friedenthal Financial grew its position in shares of Tesla by 66.7% in the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after buying an additional 30 shares during the last quarter. Finally, Manning & Napier Advisors LLC purchased a new position in shares of Tesla in the 3rd quarter worth approximately $29,000. Institutional investors own 66.20% of the company’s 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.