Tesla (NASDAQ:TSLA) Shares Down 1.7% After Analyst Downgrade

Tesla, Inc. (NASDAQ:TSLA) shares fell 1.7% on Tuesday after President Capital lowered their price target on the stock from $500.00 to $424.00. President Capital currently has a buy rating on the stock. Tesla traded as low as $337.24 and last traded at $346.65. 70,024,895 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 62,312,242 shares. The stock had previously closed at $352.82.

A number of other research analysts have also recently weighed in on the stock. Barclays reiterated a “neutral” rating on shares of Tesla in a research note on Wednesday, March 4th. JPMorgan Chase & Co. dropped their target price on shares of Tesla from $150.00 to $145.00 and set an “underweight” rating on the stock in a research note on Friday, January 30th. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research note on Thursday, March 26th. Phillip Securities dropped their target price on shares of Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a research note on Monday, February 2nd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research note on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $400.44.

Insider Buying and Selling

In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction that occurred on 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 sale, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 53,804 shares of company stock worth $20,865,598 over the last 90 days. 19.90% of the stock is currently owned by corporate insiders.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: NHTSA closed its probe into Tesla’s “Actually Smart Summon” feature, removing a regulatory overhang and giving the stock a short-term lift. NHTSA Closes Probe
• Positive Sentiment: Intel joined Elon Musk’s Terafab initiative (SpaceX, Tesla, xAI), which could secure advanced AI/autonomy silicon for Tesla and reduce supply risk over time. That partnership is being viewed as strategically constructive. Intel Partners With SpaceX, Tesla
• Positive Sentiment: Large buyers like ARK made notable purchases (Cathie Wood added to TSLA), indicating some conviction from market allocators at lower levels. ARK Invest Bought TSLA
• Neutral Sentiment: Mixed regional demand: registrations rose sharply in Germany and South Korea (strong pockets internationally), but those gains haven’t offset the global delivery shortfall. Tesla Registrations in Germany Quadruple
• Neutral Sentiment: Narrative shift: some analysts and articles highlight Tesla’s diversification (energy, AI/robotics) as a longer-term positive, but monetization of robotaxi/Optimist bets remains years away. Tesla Business Diversification
• Negative Sentiment: Q1 deliveries missed consensus (reported ~358,000 vs. ~366,000 expected) and inventories jumped — the primary immediate catalyst for today’s selling as it raises demand/execution concerns. Delivery Miss Coverage
• Negative Sentiment: JPMorgan’s analyst warned of as much as ~60% downside, citing record unsold vehicles and deteriorating financial expectations — a high-profile bearish thesis that amplified selling and led other shops to cut targets. JPMorgan Bear Case
• Negative Sentiment: Analyst downgrades/target cuts and broader “Magnificent Seven” re-rating pressure are increasing the cost of capital and reducing valuation support; some investors worry a potential SpaceX IPO could divert capital away from Tesla shares. SpaceX IPO / Analyst Cuts
• Negative Sentiment: Legal/political headlines involving Elon Musk (OpenAI request for investigations, public disputes) add reputational and governance uncertainty that can widen intraday swings. OpenAI Requests Investigations

Institutional Trading of Tesla

A number of hedge funds and other institutional investors have recently bought and sold shares of TSLA. Norges Bank bought a new stake in Tesla during the 4th quarter worth approximately $17,128,100,000. Corient Private Wealth LLC increased its holdings in shares of Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after buying an additional 20,810,386 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock worth $9,334,211,000 after buying an additional 7,450,766 shares during the last quarter. Cardano Risk Management B.V. increased its holdings in shares of Tesla by 882.8% in the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock worth $3,688,630,000 after buying an additional 7,367,507 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after buying an additional 6,538,720 shares during the last quarter. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Down 1.7%

The stock’s fifty day moving average price is $399.41 and its 200 day moving average price is $427.11. The stock has a market cap of $1.30 trillion, a P/E ratio of 320.97, a price-to-earnings-growth ratio of 10.69 and a beta of 1.91. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.73 EPS. As a group, research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

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.