Tesla (NASDAQ:TSLA) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Tesla (NASDAQ:TSLA) in a research report report published on Tuesday morning,MarketScreener reports.

A number of other brokerages have also recently issued reports on TSLA. Piper Sandler reissued an “overweight” rating on shares of Tesla in a research report on Wednesday, June 10th. TD Cowen restated a “buy” rating on shares of Tesla in a research report on Monday. China Renaissance decreased their target price on shares of Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Truist Financial cut their target price on shares of Tesla from $438.00 to $400.00 and set a “hold” rating on the stock in a research note on Thursday, April 2nd. Finally, Roth Mkm reaffirmed a “buy” rating on shares of Tesla in a research report on Thursday, April 23rd. Twenty-one investment analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $403.07.

Tesla Price Performance

NASDAQ TSLA opened at $423.45 on Tuesday. Tesla has a 52-week low of $288.77 and a 52-week high of $498.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The business has a 50 day simple moving average of $406.47 and a 200 day simple moving average of $412.53. The stock has a market cap of $1.59 trillion, a price-to-earnings ratio of 384.28, a PEG ratio of 16.37 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. During the same quarter last year, the firm earned $0.27 EPS. Tesla’s revenue for the quarter was up 15.8% compared to the same quarter last year. Analysts anticipate that Tesla will post 1.2 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the sale, the chief financial officer owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 32,015 shares of company stock valued at $12,383,640 over the last 90 days. 19.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tesla

Several large investors have recently modified their holdings of the stock. Networth Advisors LLC bought a new stake in shares of Tesla in the 4th quarter worth $26,000. Chapman Financial Group LLC purchased a new position in shares of Tesla during the 2nd quarter worth $26,000. Davidson Capital Management Inc. grew its position in shares of Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after acquiring an additional 27 shares during the period. Friedenthal Financial grew its position in shares of 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 acquiring an additional 30 shares during the period. Finally, Prism Advisors Inc. purchased a new stake in shares of Tesla in the 4th quarter worth $30,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s recent FSD V14 Lite rollout and Cybercab testing without a steering wheel or pedals are fueling optimism that its autonomy roadmap is advancing, helping sentiment around the stock. Tesla’s stock rips higher after a long-awaited update to self-driving technology
• Positive Sentiment: Investors are also betting Tesla will post stronger Q2 deliveries, with analysts expecting a rebound driven by improving European demand and higher registrations in markets like France and Sweden. Tesla Q2 deliveries seen rising as European demand gathers pace (TSLA)
• Positive Sentiment: News that Tesla is testing its Cybercab and expanding work on Optimus robots supports the idea that Tesla is more than an EV maker, reinforcing the long-term AI and robotics thesis behind the stock. Tesla starts testing Cybercab without pedals or a steering wheel in Austin
• Neutral Sentiment: Several analysts and commentators say Tesla’s next move likely depends on Thursday’s delivery report, with estimates ranging widely and creating volatility ahead of the release. Tesla Deliveries Should Show a Second Straight Quarter of Growth
• Neutral Sentiment: Broader EV-sector strength and a tech rebound are also lifting TSLA alongside peers, which is helping the stock recover but does not reflect a new company-specific fundamental update by itself. Tesla Jumps 8%, Rivian and Lucid Rise 7% as EV Stocks Ride a Tech Rebound
• Negative Sentiment: Bearish headlines are limiting upside, including Michael Burry’s new short position on Tesla and renewed concerns that the stock’s valuation is stretched relative to its near-term fundamentals. Michael Burry Bets Against Tesla (TSLA), Nvidia (NVDA) and Semiconductor Giants in AI Bubble Warning
• Negative Sentiment: Competition is also a concern, with BYD expected to overtake Tesla again in global fully electric vehicle sales, underscoring pressure on Tesla’s core auto business. BYD set to again overtake Tesla as top electric car seller

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.