Tesla (NASDAQ:TSLA) Given Sell Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their sell rating on shares of Tesla (NASDAQ:TSLA) in a research report report published on Tuesday morning,MarketScreener reports.

A number of other equities research analysts have also recently weighed in on the company. Mizuho decreased their price objective on Tesla from $540.00 to $480.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Roth Mkm reiterated a “buy” rating on shares of Tesla in a report on Thursday, April 23rd. Robert W. Baird lowered their price target on shares of Tesla from $538.00 to $522.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Tesla in a research note on Monday, April 27th. Finally, President Capital raised their target price on shares of Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $395.20.

Tesla Stock Performance

TSLA stock opened at $418.49 on Tuesday. Tesla has a 1-year low of $273.21 and a 1-year high of $498.83. The business has a 50-day moving average price of $392.55 and a 200 day moving average price of $416.03. The company has a market capitalization of $1.57 trillion, a P/E ratio of 383.94, a PEG ratio of 16.42 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 EPS. As a group, equities research analysts forecast that Tesla will post 1.2 EPS for the current fiscal year.

Insider Transactions at Tesla

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. The trade was a 14.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 57,482 shares of company stock valued at $21,508,331 in the last quarter. Company insiders own 19.90% of the company’s stock.

Hedge Funds Weigh In On Tesla

Large investors have recently made changes to their positions in the company. Crestwood Advisors Group LLC boosted its stake in Tesla by 34.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after purchasing an additional 5,039 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of Tesla by 29.6% during the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock worth $14,487,000 after purchasing an additional 7,446 shares during the last quarter. China Universal Asset Management Co. Ltd. increased its holdings in shares of Tesla by 8.8% in the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock valued at $21,571,000 after purchasing an additional 3,935 shares during the last quarter. Calamos Wealth Management LLC lifted its position in Tesla by 5.9% during the fourth quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock worth $18,846,000 after buying an additional 2,341 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its stake in Tesla by 26.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock worth $8,019,000 after buying an additional 3,724 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s China-made EV sales rose 39.4% in May, marking a sixth straight month of growth and signaling that demand at the Shanghai factory is improving even as competition in China remains intense. Reuters: Tesla’s Chinese-made EV sales rise 39.4% in May
• Positive Sentiment: Separately, Tesla’s May deliveries in China were reported to be up nearly 40%, reinforcing the idea that the company’s core auto business is stabilizing after recent weakness. CNBC: Tesla’s China-made EV sales jump nearly 40% in May
• Positive Sentiment: Tesla also got a lift from signs of recovery in Europe, where registrations surged in markets such as France and Portugal, suggesting the Model Y refresh is helping demand. Zacks: Is Tesla’s Model Y Driving a Lasting Recovery in Europe?
• Neutral Sentiment: Investors are also watching speculation around Elon Musk’s wider empire, including potential Tesla-SpaceX merger chatter and attempts to quantify a “Musk premium,” but these headlines are more about valuation debate than near-term fundamentals. Yahoo Finance: Tesla Investors Finally Get A Benchmark For The Musk Premium
• Negative Sentiment: Tesla is facing a new class-action lawsuit in China over alleged misleading marketing tied to Full Self-Driving, adding legal and reputational risk in one of its most important markets. Yahoo Finance: Tesla Faces China FSD Lawsuit
• Negative Sentiment: Competition in robotics is also heating up, with OpenAI and Nvidia both moving into humanoid robotics, potentially pressuring Tesla’s Optimus narrative and broader AI valuation premium. Benzinga: How Nvidia Is Taking On Tesla In The Humanoid Robot Race
• Negative Sentiment: BYD and other rivals continue to pressure Tesla in China, with BYD reportedly expanding charging infrastructure through Sinopec, which could strengthen its competitive position. Investor’s Business Daily: BYD Taps A State-Backed Company To Help Compete With Tesla In China

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.