Tesla (NASDAQ:TSLA) Downgraded by Jefferies Financial Group to Hold

Jefferies Financial Group downgraded shares of Tesla (NASDAQ:TSLA) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks reports.

A number of other analysts have also weighed in on TSLA. KeyCorp raised shares of Tesla to a “sector weight” rating in a report on Monday, September 28th. Stifel Nicolaus set a $475.00 target price on Tesla in a research report on Thursday, October 22nd. Barclays upgraded Tesla from an “outperform” rating to an “overweight” rating and raised their price target for the company from $370.00 to $450.00 in a report on Monday, October 26th. Glj Research reiterated a “sell” rating on shares of Tesla in a research report on Thursday, November 5th. Finally, Oppenheimer assumed coverage on shares of Tesla in a research report on Thursday, October 22nd. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $414.51.

Tesla Price Performance

NASDAQ:TSLA opened at $379.78 on Monday. The firm has a market cap of $1.50 trillion, a PE ratio of 417.35, a price-to-earnings-growth ratio of 23.42 and a beta of 1.74. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. Tesla has a 12 month low of $297.38 and a 12 month high of $498.83. The company’s 50-day moving average price is $372.97 and its two-hundred day moving average price is $383.73.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. The business had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. Tesla’s revenue for the quarter was down .2% on a year-over-year basis. During the same period in the prior year, the company earned $0.50 EPS. On average, equities analysts anticipate that Tesla will post 0.67 EPS for the current fiscal year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Tesla

Several hedge funds have recently bought and sold shares of TSLA. State Street Corp lifted its position in Tesla by 2.4% in the 2nd quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer’s stock valued at $49,402,312,000 after acquiring an additional 2,761,298 shares in the last quarter. Legal & General Group Plc bought a new position in shares of Tesla during the second quarter worth about $8,535,612,000. Amundi lifted its stake in Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock valued at $8,243,513,000 after acquiring an additional 2,727,141 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Tesla in the 2nd quarter valued at approximately $6,083,630,000. Finally, Bamco Inc. NY boosted its position in Tesla by 5.0% during the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after acquiring an additional 591,243 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Finland approved Tesla’s Assisted Driving system, a potential step toward broader availability in Europe. Reuters: Finland approves Tesla’s Assisted Driving system
• Positive Sentiment: Robotaxi remains a key growth narrative: a report says Tesla’s Texas fleet has reached 1,302 vehicles, while CEO Elon Musk predicts the Cybercab will dominate markets where regulations allow it. These ambitions could support long-term growth, but depend on adoption and regulatory progress. Benzinga: Musk predicts Cybercab will dominate ride-hailing
• Neutral Sentiment: Tesla has begun work on a planned $10 billion solar factory near Houston, broadening its energy ambitions. The project could create a new growth opportunity, but its scale also raises questions about investment needs and returns. BeInCrypto: Tesla’s Crystal Sun solar factory
• Negative Sentiment: Tesla plans to end Cybertruck production around mid-2027 and redirect capacity to Cybercab; Musk says some reservation holders may receive refunds. The pivot could free resources for robotaxis, but ending the truck line may disappoint customers and raises questions about the product’s prospects. Barron’s: Tesla’s China sales and year-end targets
• Negative Sentiment: Tesla’s October retail sales in China reportedly fell to their lowest level since 2022, a concern for demand in a major market. Separately, commentary about a possible $1 trillion chipmaking bill underscores the risk that ambitious expansion plans could require substantial capital; that figure is not described as a confirmed spending commitment. Barron’s: Tesla’s China sales hit a low

Tesla Company Profile

Tesla, Inc. designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services. The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles. Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.