Wedbush Reaffirms “Outperform” Rating for Tesla (NASDAQ:TSLA)

Tesla (NASDAQ:TSLA)‘s stock had its “outperform” rating reiterated by equities researchers at Wedbush in a research note issued to investors on Tuesday,Benzinga reports. They presently have a $600.00 price target on the electric vehicle producer’s stock. Wedbush’s price target would suggest a potential upside of 53.48% from the stock’s previous close.

A number of other analysts have also recently commented on TSLA. Tigress Financial initiated coverage on Tesla in a research report on Thursday, February 12th. They set a “buy” rating and a $550.00 target price on the stock. Canaccord Genuity Group reiterated a “buy” rating and set a $420.00 price target on shares of Tesla in a research note on Monday, April 6th. New Street Research upped their target price on shares of Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Stifel Nicolaus set a $508.00 price target on Tesla in a research report on Thursday, January 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, January 27th. Nineteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and nine have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $397.26.

Tesla Stock Performance

NASDAQ TSLA opened at $390.92 on Tuesday. The stock has a fifty day simple moving average of $389.22 and a 200-day simple moving average of $422.17. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The stock has a market cap of $1.47 trillion, a PE ratio of 363.54, a P/E/G ratio of 12.67 and a beta of 1.91. Tesla has a twelve month low of $229.85 and a twelve month high of $498.83.

Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. Tesla’s revenue for the quarter was down 3.1% compared to the same quarter last year. Equities analysts anticipate that Tesla will post 1.37 earnings per share for the current year.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 completion of the transaction, the director directly owned 33,860 shares of the company’s stock, valued at approximately $12,166,913.80. The trade was a 43.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,804 shares of company stock worth $20,865,598 over the last ninety days. Corporate insiders own 19.90% of the company’s stock.

Institutional Investors Weigh In On Tesla

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after purchasing an additional 6,538,720 shares during the period. State Street Corp grew its holdings in shares of Tesla by 0.9% during the 4th quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock valued at $51,647,164,000 after acquiring an additional 1,080,085 shares in the last quarter. Geode Capital Management LLC boosted its position in Tesla by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock valued at $29,426,070,000 after purchasing an additional 375,946 shares during the last quarter. Capital World Investors grew its stake in shares of Tesla by 5.8% in the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock valued at $19,583,547,000 after buying an additional 2,403,019 shares in the last quarter. Finally, Norges Bank bought a new stake in Tesla in the fourth quarter worth approximately $17,128,100,000. Institutional investors own 66.20% of the company’s stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla won regulatory traction for supervised FSD in Amsterdam — a tangible rollout milestone that supports the company’s autonomy narrative and could help revenue mix if expanded in Europe. Inside one of Amsterdam’s first supervised self-driving Teslas
• Positive Sentiment: Energy storage is emerging as a profitability offset to weaker vehicle margins and fading credits — investors may view the segment as a steadier revenue source. Tesla’s energy storage division to pick up slack as car margins drop and credits fade
• Positive Sentiment: Tesla’s AI/robotics story got a boost from coverage of its in‑house AI5 chip development — any credible progress on chips/AI supports the higher‑multiple, future‑growth narrative. As Tesla Tapes Out the AI5 Chip, Should You Buy, Sell, or Hold TSLA Stock?
• Neutral Sentiment: Macro/sector dynamics (Strait of Hormuz tensions) could lift EV demand and benefit Tesla, but geopolitical risk also raises oil/inflation concerns that complicate the outlook. Tesla’s EV Rebound Just Got Real — Iran War Sends EV Demand Soaring
• Neutral Sentiment: Market focus is squarely on TSLA’s Q1 earnings (April 22): previews highlight robotaxi/AI progress, capex levels, and how energy/storage trends offset auto margin pressure — earnings could produce a large directional move. Tesla Q1 2026 Earnings Preview: Key Events From The Past Three Months
• Negative Sentiment: Mounting legal pressure and customer demands for FSD refunds — high‑profile calls from investors and multiple lawsuits alleging overpromised autonomy raise liability and reputation risks. Ross Gerber Reiterates FSD Refund Demand, Says Tesla Needs To Make People Whole
• Negative Sentiment: Operational/demand worries: reports of ~50,000 unsold cars and missed delivery targets feed concern that the EV demand story may be weakening in the near term. Should You Buy This Electric Vehicle (EV) Stock Before April 22?
• Negative Sentiment: A potential SpaceX/xAI IPO could reallocate investor capital and attention away from Tesla as the primary Elon‑Musk growth play — markets may rotate if SpaceX lists. A SpaceX IPO Could Shift Attention Away From Tesla, and Dip Buyers Should Be Ready

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.