Glj Research Reaffirms Sell Rating for Tesla (NASDAQ:TSLA)

Tesla (NASDAQ:TSLA)‘s stock had its “sell” rating reiterated by Glj Research in a report released on Tuesday,Benzinga reports. They presently have a $24.86 target price on the electric vehicle producer’s stock. Glj Research’s price objective would indicate a potential downside of 92.61% from the stock’s previous close.

TSLA has been the subject of a number of other reports. Zacks Research raised shares of Tesla from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Barclays raised their price objective on shares of Tesla from $360.00 to $370.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 14th. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a report on Thursday, July 23rd. Tigress Financial began coverage on Tesla in a research report on Monday, April 27th. They issued a “buy” rating for the company. Finally, Roth Capital reaffirmed a “buy” rating and set a $505.00 price target on shares of Tesla in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, nineteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Tesla presently has an average rating of “Hold” and an average target price of $401.73.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $336.30 on Tuesday. The stock has a market cap of $1.33 trillion, a P/E ratio of 314.37, a P/E/G ratio of 17.28 and a beta of 1.83. The firm’s 50-day simple moving average is $369.38 and its 200 day simple moving average is $389.21. Tesla has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last announced its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business’s quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. Equities analysts expect that Tesla will post 0.88 EPS for the current year.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the 2nd quarter valued at $26,000. Davidson Capital Management Inc. grew its holdings 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 acquiring an additional 27 shares during the last quarter. Friedenthal Financial raised its position in shares of Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after purchasing an additional 30 shares during the period. Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla during the third quarter worth $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Tesla during the third quarter valued at $31,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Large Tesla Semi order: Swedish trucking company Einride plans to purchase and deploy 500 Tesla Semis across North America over the next two years, beginning in September. The deal—potentially Tesla’s largest heavy-duty electric-truck deployment—could improve visibility for Tesla’s commercial vehicle business and validate demand from Amazon and other freight customers. Reuters article
• Positive Sentiment: Cybercab launch progress: Tesla reportedly plans to begin employee rides and potentially launch its steering-wheel- and pedal-free Cybercab on public roads in Austin this month. A successful rollout would provide a major test of Tesla’s robotaxi strategy and could support the company’s long-term growth narrative. Reuters article
• Neutral Sentiment: SpaceX-related speculation: Former Tesla President Jon McNeill suggested the upcoming Roadster demonstration could deepen ties between Tesla and SpaceX, while prediction markets continue to discuss a possible merger. These reports may attract attention but are speculative and do not represent a confirmed Tesla transaction. Benzinga article
• Negative Sentiment: Valuation and profitability concerns: Analysts and investors are focusing on Tesla’s lofty valuation after its latest quarter showed lower earnings than expected, falling operating profit and negative free cash flow despite strong revenue and deliveries. The company’s thin net margin makes the stock particularly dependent on future autonomy growth.
• Negative Sentiment: Competitive and macroeconomic pressure: BYD continues to lead Tesla in global EV sales, while reports of another Full Self-Driving setback raise questions about the timing and regulatory path for robotaxis. Separately, sharply higher Treasury yields are pressuring expensive, long-duration growth stocks such as TSLA.

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.