Tesla (NASDAQ:TSLA) Stock Price Down 1.3% – Time to Sell?

Tesla, Inc. (NASDAQ:TSLA)’s stock price was down 1.3% on Wednesday . The company traded as low as $342.53 and last traded at $345.82. 28,185,418 shares traded hands during trading, a decline of 48% from the average session volume of 53,782,223 shares. The stock had previously closed at $350.25.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Nevada expanded Tesla’s permitted Las Vegas robotaxi fleet from 10 vehicles to as many as 5,000. The approval supports Tesla’s autonomous-driving strategy, although the company must still deploy and operate the fleet successfully. Nevada robotaxi approval
• Positive Sentiment: Tesla continues to lead Rivian in point-to-point and non-highway driving during a comparison of the companies’ assisted-driving systems, preserving a potential competitive advantage in software. Tesla and Rivian self-driving comparison
• Positive Sentiment: Elon Musk teased a larger vehicle that could be “way cooler than a minivan,” potentially signaling a future SUV or Robovan aimed at expanding Tesla’s addressable market. Tesla larger vehicle teaser
• Neutral Sentiment: Waymo is taking its robotaxis to Germany while Tesla seeks overseas approval for its autonomous-driving software, intensifying a global race that could validate the market but also raise competitive pressure. Tesla versus Waymo robotaxi competition
• Neutral Sentiment: Tesla lost senior AI-chip engineer Shishuang Sun to DensityAI, a startup staffed partly by former Dojo employees. The departure highlights intense competition for specialized talent but is viewed as a manageable setback. Tesla chip engineer departure
• Negative Sentiment: Tesla raised prices on two Cybertruck trims by $5,000 even as reports point to weak sales and deliveries extending into 2027. Higher prices may protect margins and offset input costs, but they risk further weakening demand for an already struggling model. Tesla Cybertruck price increase
• Negative Sentiment: Tesla stopped selling Solar Roof tiles and is shifting toward conventional solar panels, prompting questions about the credibility and profitability of its broader energy ambitions. Tesla Solar Roof strategy
• Negative Sentiment: Analysts and commentators continue to flag shrinking margins, negative free cash flow, Chinese EV competition and unproven robotaxi and robotics forecasts. Xiaomi and other Chinese automakers are also developing in-house autonomous-driving chips, increasing pressure on Tesla’s technology lead.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $420.00 price objective on shares of Tesla in a report on Monday, July 27th. Citizens Jmp assumed coverage on shares of Tesla in a research note on Thursday, July 9th. They set a “market perform” rating for the company. Sanford C. Bernstein upgraded Tesla from an “underperform” rating to an “outperform” rating in a report on Friday, June 5th. BTIG Research cut Tesla to a “neutral” rating in a research report on Friday, June 5th. Finally, Barclays upped their price objective on Tesla from $360.00 to $370.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, nineteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $401.74.

Tesla Stock Performance

The company has a market cap of $1.37 trillion, a P/E ratio of 320.21, a price-to-earnings-growth ratio of 17.62 and a beta of 1.83. The stock has a 50 day moving average price of $363.29 and a two-hundred day moving average price of $386.16. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.33 EPS. On average, research analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Tesla

A number of hedge funds have recently added to or reduced their stakes in the stock. Turning Point Benefit Group Inc. acquired a new position in Tesla in the 3rd quarter worth about $30,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of Tesla during the third quarter valued at about $31,000. Friedenthal Financial boosted its stake in shares of Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after purchasing an additional 30 shares in the last quarter. Chapman Financial Group LLC bought a new stake in shares of Tesla during the second quarter worth about $26,000. Finally, Harborfront Financial Group LLC acquired a new position in shares of Tesla in the second quarter valued at approximately $34,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

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.