Tesla, Inc. (NASDAQ:TSLA – Get Free Report) shares shot up 4% during mid-day trading on Tuesday . The stock traded as high as $370.00 and last traded at $368.16. 50,489,816 shares were traded during mid-day trading, a decline of 5% from the average session volume of 53,426,176 shares. The stock had previously closed at $354.08.
Key Headlines Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Slovenia approved Tesla’s supervised Full Self-Driving system, becoming the sixth European country to authorize the technology. The approval could expand Tesla’s software distribution and support future subscription revenue, although it does not represent EU-wide approval. Slovenia clears Tesla’s FSD driver assistance ahead of EU vote
- Positive Sentiment: Cybercab is increasingly being viewed as a competitive threat to Uber Technologies. Tesla’s limited paid robotaxi service in Austin has shifted the debate from an automotive launch to a potential mobility-platform disruption, helping investors assign more value to Tesla’s autonomy strategy. Uber Falls on Tesla Cybercab Threat
- Neutral Sentiment: Tesla and XPENG are advancing humanoid-robot manufacturing plans. The development reinforces Tesla’s broader “physical AI” narrative, but Optimus remains an early-stage, largely uncommercialized project and XPENG’s progress could intensify competition. Gene Munster discusses Tesla’s Cybercab probe
- Negative Sentiment: Federal regulators are investigating the certification and safety data for nearly 1,000 Cybercabs. The probe focuses on the steering-wheel-free design and could delay broader deployment, increasing uncertainty around Tesla’s robotaxi timeline. Tesla’s Cybercab Certification Facing a Regulatory Roadblock?
- Negative Sentiment: The Cybercab launch offered few operating details, including pricing, fleet-growth targets or unit economics. Investors also remain concerned about weak demand: Tesla’s August China retail sales fell 12.4%, while European registrations were mixed. With Tesla trading at a very high valuation, execution must improve quickly to justify the autonomy premium. Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
Analysts Set New Price Targets
TSLA has been the subject of a number of research reports. BTIG Research cut Tesla to a “neutral” rating in a research note on Friday, June 5th. William Blair reissued a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. Barclays increased their target price on Tesla from $360.00 to $370.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. Erste Group Bank raised shares of Tesla from a “sell” rating to a “hold” rating in a report on Friday, June 5th. Finally, Robert W. Baird set a $475.00 price target on Tesla in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $401.74.
Tesla Trading Up 4.0%
The stock’s 50-day simple moving average is $357.06 and its 200-day simple moving average is $382.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. The firm has a market capitalization of $1.45 trillion, a PE ratio of 340.89, a P/E/G ratio of 17.88 and a beta of 1.84.
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. 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 return on equity of 3.82% and a net margin of 3.67%.Tesla’s quarterly revenue was up 25.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.33 earnings per share. As a group, sell-side analysts expect that Tesla, Inc. will post 0.88 EPS for the current fiscal year.
Hedge Funds Weigh In On Tesla
A number of institutional investors and hedge funds have recently made changes to their positions in TSLA. Chapman Financial Group LLC purchased a new position in shares of Tesla in the 2nd quarter worth about $26,000. Friedenthal Financial grew its position in Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after purchasing an additional 30 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in Tesla during the 3rd quarter valued at about $30,000. Texas Capital Bancshares Inc TX bought a new stake in Tesla during the 3rd quarter valued at about $31,000. Finally, Harborfront Financial Group LLC purchased a new position in Tesla in the second quarter worth about $34,000. Institutional investors own 66.20% of the company’s stock.
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.
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