Tesla's (TSLA) "Sell" Rating Reaffirmed at Glj Research

Tesla (NASDAQ:TSLA - Get Free Report)'s stock had its "sell" rating reiterated by investment analysts at Glj Research in a research note issued to investors on Thursday, Benzinga reports.

Several other brokerages also recently issued reports on TSLA. Tigress Financial reiterated a "buy" rating and issued a $550.00 price target on shares of Tesla in a report on Thursday, October 8th. Mizuho increased their price target on Tesla from $450.00 to $460.00 and gave the company an "outperform" rating in a report on Thursday. The Goldman Sachs Group reiterated a "neutral" rating on shares of Tesla in a report on Thursday. Roth Capital reiterated a "buy" rating and issued a $505.00 price target on shares of Tesla in a report on Thursday, July 23rd. Finally, UBS Group reiterated a "neutral" rating and issued a $425.00 price target on shares of Tesla in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, nineteen have issued a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $416.71.

Tesla Stock Up 3.4%

Shares of NASDAQ TSLA opened at $386.47 on Thursday. Tesla has a 12-month low of $297.38 and a 12-month high of $498.83. The company has a market cap of $1.53 trillion, a P/E ratio of 357.85, a P/E/G ratio of 23.73 and a beta of 1.92. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The stock has a fifty day moving average price of $362.72 and a 200 day moving average price of $377.16.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. Tesla had a return on equity of 3.82% and a net margin of 3.67%. The firm had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same period in the prior year, the firm earned $0.50 EPS. The firm's quarterly revenue was down .2% compared to the same quarter last year. Research analysts anticipate that Tesla will post 0.71 EPS for the current fiscal year.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the sale, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by corporate insiders.

Institutional Trading of Tesla

Large investors have recently modified their holdings of the business. SeaCrest Wealth Management LLC lifted its position in shares of Tesla by 1.8% during the third quarter. SeaCrest Wealth Management LLC now owns 18,192 shares of the electric vehicle producer's stock worth $6,455,000 after purchasing an additional 314 shares during the last quarter. NBT Bank N.A. bought a new position in shares of Tesla during the third quarter worth about $402,000. Root Financial Partners LLC lifted its position in shares of Tesla by 11.2% during the third quarter. Root Financial Partners LLC now owns 24,769 shares of the electric vehicle producer's stock worth $8,788,000 after purchasing an additional 2,497 shares during the last quarter. Carter Financial Group INC. lifted its position in shares of Tesla by 17.1% during the third quarter. Carter Financial Group INC. now owns 6,343 shares of the electric vehicle producer's stock worth $2,251,000 after purchasing an additional 928 shares during the last quarter. Finally, JSF Financial LLC lifted its position in shares of Tesla by 5.2% during the third quarter. JSF Financial LLC now owns 3,063 shares of the electric vehicle producer's stock worth $1,087,000 after purchasing an additional 151 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported adjusted EPS of $0.48, above the $0.45 consensus estimate, while revenue of approximately $28.05 billion was broadly in line with expectations. Free cash flow was about $1.5 billion, a significant improvement over expectations for a cash burn, and cash reserves reached roughly $45.4 billion. Tesla revenue beats estimates as deliveries rebound
• Positive Sentiment: Full Self-Driving remains a major bull-case catalyst: management said subscriptions rose 67% year over year, with FSD attached to more than 75% of new North American deliveries. Tesla also said it has begun producing Optimus robots and plans to begin delivering some Cybercabs by year-end. Tesla FSD and robotaxi outlook
• Neutral Sentiment: Tesla and SpaceX have formed independent committees to study a possible merger. The combination could provide AI, robotics, software and infrastructure synergies, but it is not assured, requires shareholder approval and raises questions about transaction terms, dilution and governance. Tesla SpaceX merger talks
• Negative Sentiment: Profitability deteriorated despite the EPS beat. Operating income fell sharply year over year as AI, robotics and autonomy expenses increased; automotive revenue declined, and Tesla Energy revenue reportedly missed expectations by about 22%. The results reinforce concerns that Tesla’s core vehicle business is not yet funding its ambitious technology expansion. Tesla valuation and third-quarter results
• Negative Sentiment: Tesla reduced its 2026 capital-spending outlook to approximately $20 billion from more than $25 billion and pushed back aspects of its Optimus roadmap. Investors interpreted the pullback as a possible sign that AI, robotaxi and robotics deployment may take longer than anticipated. Cybercab plans are also clouded by a federal safety investigation, while unsupervised FSD for personal vehicles is not expected until 2027. Tesla spending pullback and AI ambitions
• Negative Sentiment: Analyst opinion remains divided: Mizuho raised its target to $460 and CLSA upgraded Tesla to Hold, but Needham maintained Hold and GLJ Research reaffirmed Sell. With Tesla trading at a very high earnings multiple, investors are demanding rapid growth from products that remain largely unproven at scale.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.