Tesla’s (TSLA) “Neutral” Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group restated their neutral rating on shares of Tesla (NASDAQ:TSLA) in a research note issued to investors on Sunday,MarketScreener reports.

Several other brokerages also recently issued reports on TSLA. Tigress Financial initiated coverage on shares of Tesla in a report on Monday, April 27th. They set a “buy” rating for the company. DZ Bank upgraded Tesla from a “sell” rating to a “hold” rating and set a $385.00 target price for the company in a research report on Friday, April 24th. Zacks Research upgraded Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Tesla in a research note on Monday, June 1st. Finally, BNP Paribas Exane cut shares of Tesla from a “hold” rating to an “underperform” rating in a research report on Friday, June 5th. Twenty-one investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus target price of $405.06.

Tesla Stock Performance

NASDAQ:TSLA opened at $397.85 on Friday. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The stock has a 50 day simple moving average of $403.33 and a 200 day simple moving average of $415.15. Tesla has a 1-year low of $288.77 and a 1-year high of $498.83. The stock has a market cap of $1.49 trillion, a P/E ratio of 362.26, a PEG ratio of 16.01 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.27 EPS. Research analysts anticipate that Tesla will post 1.19 earnings per share for the current year.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction dated 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 directly owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 57,824 shares of company stock valued at $21,657,588. 19.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Tesla

Hedge funds have recently bought and sold shares of the company. Brighton Jones LLC grew its stake in Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after buying an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after acquiring an additional 931 shares during the last quarter. Bison Wealth LLC raised its position in Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after purchasing an additional 3,558 shares in the last quarter. Sivia Capital Partners LLC grew its position in Tesla by 9.1% during the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock valued at $3,855,000 after acquiring an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC lifted its holdings in shares of Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after acquiring an additional 851 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Investors are encouraged by signs Tesla’s struggling EV business may be turning around, with one report noting the company could post a second straight quarter of growth when it reports on July 2. Should You Buy Tesla Stock Before July 2?
• Positive Sentiment: Tesla quietly filed a “Megapod” trademark, adding to speculation that Elon Musk may expand the company into AI data-center hardware and other adjacent businesses. Tesla Quietly Files Megapod Trademark — An AI Data Center Play That Could See Elon Musk Challenging Nvidia’s Dominance
• Positive Sentiment: Elon Musk boosted his Tesla voting power to nearly 20% after exercising stock options, which some investors may view as increasing management alignment and support for long-term strategic bets. Elon Musk Just Lifted His Tesla Voting Stake to Nearly 20%. Could a SpaceX Merger Be Next?
• Neutral Sentiment: Broader market commentary suggests major stocks, including TSLA, are trying to recover early Monday as rates ease some pressure. TSLA, PLTR and NVDA Forecasts – Major Stocks Trying to Rise Early on Monday
• Neutral Sentiment: Several brokerage and opinion pieces continue to frame Tesla as a hold or debate its long-term valuation, reflecting uncertainty rather than a clear catalyst. Tesla, Inc. (NASDAQ:TSLA) Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: Jefferies cut its Tesla price target to $375 and warned that growing speculation about a future SpaceX-related tracking stock could create a valuation overhang for TSLA. Jefferies Lowers Tesla Target and Highlights Potential SpaceX Tracking Stock Risk
• Negative Sentiment: Another fatal crash involving a Tesla operating with driver-assistance features has renewed safety and regulatory concerns around Autopilot/FSD. A Tesla driver using auto assistance crashed into a Texas home, killing a woman
• Negative Sentiment: Criticism of Tesla’s self-driving system continues, with commentators arguing rivals such as Waymo may have a safer, more mature product. Ross Gerber Calls Waymo ‘Way Safer And Better’ Than Tesla’s FSD, Questions Whether Elon Musk Can ‘Catch Up’

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.