Tesla (NASDAQ:TSLA) Shares Up 2.5% – Should You Buy?

Tesla, Inc. (NASDAQ:TSLA)’s stock price traded up 2.5% during trading on Tuesday . The stock traded as high as $384.07 and last traded at $378.93. Approximately 31,200,167 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 56,584,973 shares. The stock had previously closed at $369.57.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported record Q2 deliveries and revenue of $28.24 billion, showing its core EV business is still growing. Tesla Q2 2026 earnings report
• Positive Sentiment: The company expanded its robotaxi service into new Florida markets, reinforcing investor hopes that autonomy can become a major future revenue stream. Reuters robotaxi expansion article
• Positive Sentiment: At least one analyst reiterated a Buy rating and kept a bullish price target, arguing Tesla’s autonomy potential still matters over the long term. TipRanks analyst rating article

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TSLA. Wells Fargo & Company reissued an “underweight” rating and set a $130.00 price objective (up from $125.00) on shares of Tesla in a research note on Tuesday, July 14th. Oppenheimer reaffirmed a “market perform” rating on shares of Tesla in a research note on Thursday. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a report on Wednesday, June 10th. DZ Bank raised shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price target on the stock in a research report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Tesla in a report on Tuesday, June 30th. Twenty-one research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, Tesla presently has an average rating of “Hold” and a consensus target price of $415.45.

Tesla Price Performance

The stock has a 50-day simple moving average of $405.39 and a 200 day simple moving average of $404.00. The company has a market cap of $1.40 trillion, a PE ratio of 343.13, a P/E/G ratio of 12.72 and a beta of 1.80. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data 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). Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. During the same period in the previous year, the business posted $0.33 earnings per share. The firm’s revenue for the quarter was up 25.5% compared to the same quarter last year. Equities analysts expect that Tesla, Inc. will post 1.34 EPS for the current year.

Insider Activity at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 that occurred on Monday, June 8th. The shares were 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 directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 32,015 shares of company stock worth $12,383,640. 19.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Tesla

Hedge funds and other institutional investors have recently modified their holdings of the company. Crestwood Advisors Group LLC raised its stake in shares of Tesla by 34.7% in the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock valued at $8,799,000 after purchasing an additional 5,039 shares in the last quarter. Calamos Wealth Management LLC increased its holdings in Tesla by 5.9% in the fourth quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock valued at $18,846,000 after buying an additional 2,341 shares during the last quarter. Private Capital Advisors Inc. raised its stake in Tesla by 139.3% during the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock valued at $9,593,000 after buying an additional 12,417 shares in the last quarter. Wealthquest Corp acquired a new stake in Tesla during the fourth quarter valued at approximately $1,035,000. Finally, Knights of Columbus Asset Advisors LLC lifted its holdings in Tesla by 34.8% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock worth $28,998,000 after buying an additional 16,652 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

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.