Tesla (NASDAQ:TSLA) Stock Price Up 4.7% – Still a Buy?

Shares of Tesla, Inc. (NASDAQ:TSLA) traded up 4.7% on Friday. The stock traded as high as $374.60 and last traded at $370.59. Approximately 53,959,787 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 51,779,500 shares. The stock had previously closed at $354.11.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Deliveries exceeded expectations. Tesla delivered 486,532 vehicles in Q3 2026, well above the approximately 461,000-unit Wall Street consensus. Model 3/Y deliveries totaled 478,237, and deliveries exceeded production of 464,391 vehicles, suggesting Tesla reduced some existing inventory. Tesla reports Q3 deliveries
• Positive Sentiment: European demand rebounded. Recovery in several European markets helped offset weaker sales in Tesla’s two largest markets, the United States and China. September registrations rose across multiple countries, supporting the view that demand may be stabilizing after last year’s downturn. Tesla delivery report
• Positive Sentiment: Investors have near-term catalysts. Tesla rescheduled its long-delayed Roadster reveal for October 15, while third-quarter financial results are expected around October 21. The events could provide updates on new products, autonomy and Tesla’s broader growth plans. Tesla Roadster reveal
• Neutral Sentiment: Future growth depends increasingly on AI and robotics. Tesla is reportedly targeting large-scale Optimus humanoid-robot production and continues investing in robotaxis, autonomous driving, chips and energy products. These opportunities could support Tesla’s technology valuation, but supply-chain, memory and commercialization requirements remain uncertain.
• Negative Sentiment: Core auto volume still declined. Deliveries fell roughly 2% year over year, reflecting reduced U.S. demand after the EV tax credit expired, competition from BYD and other Chinese manufacturers, and an aging vehicle lineup. Tesla’s production was also below deliveries, which may not be sustainable without stronger manufacturing output.
• Negative Sentiment: Funding and valuation risks remain elevated. Tesla secured a reported $30 billion credit facility to support AI, chips, autonomy and other projects, but analysts warn that capital spending and cash needs could be substantially higher. With a very high earnings multiple, the stock remains sensitive to any delays in robotaxi, FSD or Optimus execution. California also tightened robotaxi rules, potentially adding compliance costs. Tesla funding risks

Wall Street Analyst Weigh In

TSLA has been the subject of several recent research reports. Erste Group Bank raised Tesla from a “sell” rating to a “hold” rating in a research note on Friday, June 5th. Sanford C. Bernstein upgraded shares of Tesla from an “underperform” rating to an “outperform” rating in a research note on Friday, June 5th. Guggenheim assumed coverage on shares of Tesla in a research note on Monday, June 29th. They set a “neutral” rating on the stock. William Blair restated a “market perform” rating on shares of Tesla in a report on Thursday, July 2nd. Finally, Roth Capital reaffirmed a “buy” rating and issued a $505.00 price objective on shares of Tesla in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twenty have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Tesla has a consensus rating of “Hold” and a consensus price target of $410.98.

Tesla Stock Up 4.7%

The firm has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 343.14, a price-to-earnings-growth ratio of 18.94 and a beta of 1.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. The business’s 50 day moving average is $347.26 and its 200-day moving average is $377.56.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm’s revenue was up 25.5% on a year-over-year basis. During the same quarter last year, the company earned $0.33 earnings per share. Equities analysts anticipate that Tesla, Inc. will post 0.83 EPS for the current fiscal year.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares of the company’s stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 insiders.

Institutional Investors Weigh In On Tesla

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bamco Inc. NY increased its stake in shares of Tesla by 5.0% during the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after purchasing an additional 591,243 shares in the last quarter. One Plus One Wealth Management LLC bought a new stake in Tesla in the second quarter worth $1,009,000. Bessemer Group Inc. grew its stake in shares of Tesla by 23.6% in the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock worth $20,908,000 after acquiring an additional 10,747 shares during the last quarter. TIAA Trust National Association raised its position in shares of Tesla by 30.9% in the 4th quarter. TIAA Trust National Association now owns 117,812 shares of the electric vehicle producer’s stock worth $52,982,000 after purchasing an additional 27,806 shares during the last quarter. Finally, H&H International Investment LLC bought a new position in Tesla in the 1st quarter worth about $1,267,259,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

About Tesla

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.