Tesla (NASDAQ:TSLA – Free Report) had its price objective upped by CICC Research from $450.00 to $500.00 in a report published on Thursday,MarketScreener reports. They currently have an outperform rating on the electric vehicle producer’s stock.
Several other research analysts have also recently weighed in on the company. DZ Bank reaffirmed a “sell” rating on shares of Tesla in a research report on Thursday, October 23rd. Dbs Bank upgraded Tesla to a “hold” rating in a research note on Wednesday, November 5th. Bank of America raised their price target on Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Mizuho upped their price objective on shares of Tesla from $475.00 to $530.00 and gave the company an “outperform” rating in a report on Tuesday, December 16th. Finally, Piper Sandler restated an “overweight” rating and set a $500.00 target price on shares of Tesla in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $404.14.
Read Our Latest Research Report on Tesla
Tesla Stock Performance
Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. During the same period in the previous year, the firm earned $0.72 EPS. Tesla’s quarterly revenue was up 11.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Tesla will post 2.56 earnings per share for the current year.
Insider Buying and Selling
In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the transaction, the director owned 1,391,615 shares in the company, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the sale, the chief financial officer owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 19.90% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Advisors Management Group Inc. ADV lifted its position in shares of Tesla by 2.6% in the 3rd quarter. Advisors Management Group Inc. ADV now owns 1,956 shares of the electric vehicle producer’s stock worth $870,000 after purchasing an additional 50 shares during the period. AIA Group Ltd raised its stake in Tesla by 35.2% during the 3rd quarter. AIA Group Ltd now owns 165,316 shares of the electric vehicle producer’s stock worth $73,519,000 after buying an additional 43,022 shares during the period. Peterson Wealth Management grew its position in Tesla by 47.9% in the 3rd quarter. Peterson Wealth Management now owns 1,412 shares of the electric vehicle producer’s stock valued at $628,000 after purchasing an additional 457 shares during the period. Keel Point LLC increased its position in shares of Tesla by 1.1% during the third quarter. Keel Point LLC now owns 54,791 shares of the electric vehicle producer’s stock worth $24,367,000 after acquiring an additional 617 shares in the last quarter. Finally, Mirabella Financial Services LLP raised its stake in shares of Tesla by 108.8% in the third quarter. Mirabella Financial Services LLP now owns 8,786 shares of the electric vehicle producer’s stock worth $3,900,000 after purchasing an additional 4,578 shares during the last quarter. 66.20% of the stock is owned by institutional investors.
Tesla News Summary
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Analysts are lifting targets and reiterating bullish views, providing near‑term support for the rally — Deutsche Bank bumped its target to $500 and other firms (Mizuho, CICC, Truist) have issued bullish notes. Article
- Positive Sentiment: Tesla committed ~$1.2B to battery cell production in Germany (8 GWh target from 2027), a strategic capex that supports localization, margin improvement and long‑term EV supply. Article
- Positive Sentiment: Robotaxi and Cybercab testing appears to be accelerating (production‑ready units seen in streets), keeping momentum behind Tesla’s high‑value autonomy thesis that investors are pricing in. Article
- Positive Sentiment: Tesla avoided a potential ~€11M fine in Italy over range claims, removing a modest legal overhang. Article
- Neutral Sentiment: The Delaware Supreme Court reinstated Musk’s 2018 pay package, ending a years‑long legal dispute and removing uncertainty — but the scale of the award (now valued far higher) raises governance and dilution debates. Article
- Neutral Sentiment: Large institutional repositioning: ARK/active managers have trimmed holdings recently (profit‑taking), which can amplify intraday volatility but doesn’t necessarily change the structural bull case. Article
- Negative Sentiment: Regulatory and safety pressure persists: California actions on Autopilot/FSD marketing, a proposed federal/state focus on autonomy rules, and consumer safety complaints (e.g., door‑handle issues) keep legal/regulatory risk elevated. Article
- Negative Sentiment: Core EV metrics remain mixed: U.S. vehicle sales have softened and operating expenses have risen as Tesla spends on autonomy/robotics — analysts warn near‑term margins and volumes could pressure sentiment if growth stalls. Article
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.
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