Jefferies Group reiterated their sell rating on shares of Tesla (NASDAQ:TSLA) in a research note issued to investors on Monday morning. They currently have a $250.00 price target on the electric vehicle producer’s stock.

Other equities analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Tesla from a hold rating to a sell rating in a report on Tuesday, February 13th. UBS set a $195.00 price target on shares of Tesla and gave the company a sell rating in a report on Friday, February 9th. Vetr raised shares of Tesla from a hold rating to a buy rating and set a $339.63 price target for the company in a report on Monday, February 12th. ValuEngine raised shares of Tesla from a sell rating to a hold rating in a report on Thursday, February 8th. Finally, JPMorgan Chase & Co. set a $190.00 price target on shares of Tesla and gave the company a sell rating in a report on Thursday, February 8th. Thirteen research analysts have rated the stock with a sell rating, eleven have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Tesla currently has a consensus rating of Hold and a consensus price target of $322.64.

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Shares of Tesla stock opened at $309.10 on Monday. The company has a market cap of $52,458.07, a price-to-earnings ratio of -26.22 and a beta of 1.01. Tesla has a 1 year low of $253.30 and a 1 year high of $389.61. The company has a current ratio of 0.86, a quick ratio of 0.56 and a debt-to-equity ratio of 1.80.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, February 7th. The electric vehicle producer reported ($3.04) EPS for the quarter, beating the consensus estimate of ($3.12) by $0.08. The company had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.26 billion. Tesla had a negative net margin of 16.68% and a negative return on equity of 33.08%. The business’s revenue for the quarter was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.69) EPS. equities research analysts forecast that Tesla will post -15.15 earnings per share for the current fiscal year.

In related news, Director Kimbal Musk sold 4,065 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $312.08, for a total value of $1,268,605.20. Following the completion of the transaction, the director now directly owns 154,589 shares of the company’s stock, valued at approximately $48,244,135.12. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Eric Branderiz sold 801 shares of the company’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $354.58, for a total transaction of $284,018.58. Following the completion of the transaction, the vice president now directly owns 1,287 shares of the company’s stock, valued at $456,344.46. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,719 shares of company stock valued at $2,827,816. Company insiders own 23.10% of the company’s stock.

Several institutional investors have recently bought and sold shares of TSLA. Ark Investment Management LLC boosted its stake in shares of Tesla by 67.0% during the 2nd quarter. Ark Investment Management LLC now owns 37,836 shares of the electric vehicle producer’s stock worth $13,682,000 after buying an additional 15,186 shares during the last quarter. New York State Common Retirement Fund boosted its stake in shares of Tesla by 1.7% during the 3rd quarter. New York State Common Retirement Fund now owns 432,684 shares of the electric vehicle producer’s stock worth $147,589,000 after buying an additional 7,100 shares during the last quarter. Toronto Dominion Bank boosted its stake in shares of Tesla by 250.9% during the 3rd quarter. Toronto Dominion Bank now owns 5,551 shares of the electric vehicle producer’s stock worth $1,893,000 after buying an additional 3,969 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Tesla by 57.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 66,201 shares of the electric vehicle producer’s stock worth $22,580,000 after buying an additional 24,213 shares during the last quarter. Finally, Macquarie Group Ltd. boosted its stake in shares of Tesla by 13.2% during the 3rd quarter. Macquarie Group Ltd. now owns 26,834 shares of the electric vehicle producer’s stock worth $9,153,000 after buying an additional 3,131 shares during the last quarter. Institutional investors own 58.18% of the company’s stock.

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About Tesla

Tesla, Inc, formerly Tesla Motors, Inc, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: Automotive, and Energy generation and storage.

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