Tesla (NASDAQ:TSLA) Stock Moved Down to Hold by Jefferies Financial Group

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

A number of other brokerages have also recently issued reports on TSLA. Glj Research reiterated a “sell” rating on shares of Tesla in a report on Thursday, November 5th. Wells Fargo & Company restated a “buy” rating on shares of Tesla in a report on Thursday, October 1st. Truist Financial set a $370.00 price target on Tesla and gave the stock a “hold” rating in a research report on Thursday, July 23rd. Morgan Stanley upgraded Tesla from a “reduce” rating to an “overweight” rating in a research note on Monday, October 26th. Finally, Piper Sandler reissued an “overweight” rating and set a $475.00 price objective (up from $450.00) on shares of Tesla in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $414.51.

Tesla Stock Performance

TSLA stock opened at $379.78 on Monday. 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 company has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 417.35, a P/E/G ratio of 23.42 and a beta of 1.74. Tesla has a 12 month low of $297.38 and a 12 month high of $498.83. The firm has a 50 day moving average of $372.97 and a two-hundred day moving average of $383.73.

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

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the transaction, the chief financial officer owned 25,972 shares of the company’s stock, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by company insiders.

Institutional Trading of Tesla

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TSLA. Beta Wealth Group Inc. acquired a new stake in Tesla in the 3rd quarter worth $899,000. GW&K Investment Management LLC raised its position in shares of Tesla by 0.3% during the third quarter. GW&K Investment Management LLC now owns 24,325 shares of the electric vehicle producer’s stock valued at $8,631,000 after buying an additional 75 shares during the last quarter. Private Wealth Asset Management LLC lifted its stake in shares of Tesla by 920.9% in the third quarter. Private Wealth Asset Management LLC now owns 14,946 shares of the electric vehicle producer’s stock valued at $5,354,000 after buying an additional 13,482 shares during the period. Alteri Wealth LLC lifted its stake in shares of Tesla by 4.3% in the third quarter. Alteri Wealth LLC now owns 8,571 shares of the electric vehicle producer’s stock valued at $3,041,000 after buying an additional 355 shares during the period. Finally, Berger Financial Group Inc grew its position in Tesla by 1.3% during the third quarter. Berger Financial Group Inc now owns 12,462 shares of the electric vehicle producer’s stock worth $4,422,000 after buying an additional 154 shares in the last quarter. 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: 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.