Tesla (NASDAQ:TSLA) Trading Down 1% – Should You Sell?
by Amy Steele · The Cerbat GemTesla, Inc. (NASDAQ:TSLA – Get Free Report) fell 1% during trading on Wednesday . The stock traded as low as $449.30 and last traded at $449.72. 48,643,493 shares traded hands during trading, a decline of 50% from the average session volume of 97,729,922 shares. The stock had previously closed at $454.43.
Key Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Progress on autonomy and robotaxi roadmap supports long‑term upside — Tesla rolled out FSD v14.2.2.2 claiming smoother lane changes and better decisions, which keeps the robotaxi thesis alive for investors. Read More.
- Positive Sentiment: Major broker support: Baird reiterated a Buy and a $548 target, highlighting robotaxi, Optimus and energy as multi‑year catalysts — a bullish voice that can prop valuation while fundamentals are reassessed. Read More.
- Positive Sentiment: Short interest headline removed: Michael Burry publicly confirmed he is not short Tesla, removing one prominent perceived near‑term bearish pressure. Read More.
- Neutral Sentiment: CEO stability: Elon Musk asserted he will remain CEO for at least five years — that reduces governance uncertainty for some investors but doesn’t change near‑term sales dynamics. Read More.
- Neutral Sentiment: Musk publicity claims (Model Y bestselling) create narrative momentum but are disputed by data sources — boosts PR but may not move fundamentals. Read More.
- Negative Sentiment: Company‑compiled delivery consensus signals a meaningful Q4 decline — Tesla published analyst estimates suggesting Q4 deliveries could fall ~15% year‑over‑year, a rare preemptive move that weighs on near‑term revenue growth expectations. Read More.
- Negative Sentiment: Market reaction and positioning: shares pulled back after a run to record highs and some large holders trimmed positions (e.g., Cathie Wood selling), increasing short‑term volatility risk. Read More.
- Negative Sentiment: Product/supply headwinds for Cybertruck: reports of a sharply reduced 4680 battery deal and a door‑safety probe add execution risk and may pressure margins or launch timelines. Read More. • Read More.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on TSLA shares. Evercore ISI lifted their price objective on shares of Tesla from $235.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Truist Financial set a $444.00 price target on Tesla and gave the company a “hold” rating in a research note on Friday, December 19th. Cowen reaffirmed a “buy” rating on shares of Tesla in a research report on Monday, November 17th. New Street Research increased their price objective on Tesla from $465.00 to $520.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Tesla in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $414.50.
Read Our Latest Report on TSLA
Tesla Price Performance
The firm has a market capitalization of $1.50 trillion, a PE ratio of 299.81, a P/E/G ratio of 11.61 and a beta of 1.87. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. The company has a fifty day moving average price of $445.45 and a two-hundred day moving average price of $389.22.
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. During the same quarter last year, the business posted $0.72 EPS. The firm’s quarterly revenue was up 11.6% compared to the same quarter last year. Sell-side analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year.
Insiders Place Their Bets
In other Tesla news, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $1,170,643.41. Following the completion of the transaction, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 19.90% of the company’s stock.
Hedge Funds Weigh In On Tesla
Hedge funds and other institutional investors have recently bought and sold shares of the company. Relyea Zuckerberg Hanson LLC boosted its holdings in shares of Tesla by 0.4% in the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock valued at $2,916,000 after acquiring an additional 23 shares in the last quarter. Equita Financial Network Inc. boosted its holdings in Tesla by 2.8% in the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock valued at $380,000 after purchasing an additional 23 shares in the last quarter. VanderPol Investments L.L.C. boosted its holdings in Tesla by 2.2% in the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock valued at $464,000 after purchasing an additional 23 shares in the last quarter. Resonant Capital Advisors LLC raised its stake in shares of Tesla by 0.3% during the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock worth $3,814,000 after buying an additional 23 shares in the last quarter. Finally, Cloud Capital Management LLC raised its stake in shares of Tesla by 1.1% during the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock worth $923,000 after buying an additional 23 shares in the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.
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.