President Capital Cuts Tesla (NASDAQ:TSLA) Price Target to $424.00

Key Points

• President Capital cut Tesla's price target to $424 from $500 while keeping a "buy" rating, implying about a 20% upside, versus a Street consensus "Hold" and an average price target of $400.44 (19 Buy / 13 Hold / 10 Sell).
• Shares face near-term pressure from execution and demand concerns after weaker-than-expected Q1 deliveries and a bearish JPMorgan scenario (~60% downside) that spurred analyst cuts and ETF/derivative selling.
• Insider selling accelerated, with executives and directors offloading a combined 53,804 shares (~$20.9M) in the last quarter, leaving insiders with roughly 19.9% ownership.

Tesla (NASDAQ:TSLA - Get Free Report) had its price target dropped by President Capital from $500.00 to $424.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The firm currently has a "buy" rating on the electric vehicle producer's stock. President Capital's price objective suggests a potential upside of 20.17% from the company's current price.

Several other brokerages have also recently issued reports on TSLA. Deutsche Bank Aktiengesellschaft cut their target price on shares of Tesla from $500.00 to $480.00 and set a "buy" rating on the stock in a report on Friday, January 30th. Royal Bank Of Canada reiterated a "buy" rating on shares of Tesla in a research note on Thursday, March 26th. Wedbush reiterated an "outperform" rating and set a $600.00 price target on shares of Tesla in a report on Friday, March 27th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Tesla in a research note on Tuesday, January 27th. Finally, CICC Research raised their target price on Tesla from $450.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, December 18th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $400.44.

Tesla Price Performance

NASDAQ:TSLA opened at $352.82 on Tuesday. The stock has a fifty day moving average of $399.41 and a 200 day moving average of $427.11. The firm has a market capitalization of $1.32 trillion, a price-to-earnings ratio of 326.69, a P/E/G ratio of 10.69 and a beta of 1.91. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. Tesla has a 52-week low of $214.25 and a 52-week high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the previous year, the firm posted $0.73 earnings per share. The firm's revenue for the quarter was down 3.1% on a year-over-year basis. On average, research analysts expect that Tesla will post 2.56 EPS for the current fiscal year.

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the transaction, the director directly owned 33,860 shares of the company's stock, valued at $12,166,913.80. The trade was a 43.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 53,804 shares of company stock valued at $20,865,598 in the last quarter. 19.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tesla

A number of hedge funds have recently bought and sold shares of TSLA. J. Derek Lewis & Associates Inc. acquired a new stake in shares of Tesla in the fourth quarter valued at about $18,466,000. Purpose Unlimited Inc. acquired a new position in Tesla in the fourth quarter valued at about $328,776,000. Cornerstone Planning LLC purchased a new stake in shares of Tesla in the 4th quarter valued at approximately $665,000. AMG Asset Management Group Inc. acquired a new position in shares of Tesla in the 4th quarter worth approximately $610,000. Finally, Forty three Eighteen Advisors LLC acquired a new stake in Tesla in the 4th quarter valued at approximately $2,784,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Cathie Wood’s ARK ETFs bought roughly $14M of Tesla stock across funds, signaling a high-profile conviction that may stabilize demand from growth-focused institutional investors. Cathie Wood Defies Delivery Slump and Bets $14M on Tesla’s (TSLA) Dip
• Positive Sentiment: U.S. safety regulators closed the probe into Tesla’s “Actually Smart Summon” after software fixes and low crash severity, removing a regulatory overhang that had weighed on sentiment. US regulator ends probe into Tesla's 'actually smart summon' feature
• Positive Sentiment: Selective international demand is improving: Germany registrations reportedly quadrupled year-over-year in March, South Korea saw a ~330% surge, and UK registrations rose — signs that geographic pockets of strength exist despite the broader delivery miss. Tesla registrations in Germany quadruple in March, KBA says
• Neutral Sentiment: Tesla remains a core holding in broad tech/QQQ-focused narratives and ETF flows; some market-level rotation and institutional buying in mega-cap tech could support shares, but this is indirect and depends on macro momentum. A One-Stop Shop to Track the Magnificent Seven as Big Tech Tries to Stabilize
• Neutral Sentiment: Discussion around a potential SpaceX IPO is creating tactical suggestions (trim TSLA to wait for SpaceX) — a liquidity/attention risk for Musk-linked investors but speculative in its effect on Tesla’s fundamentals. Will the SpaceX IPO Be Bad News for Tesla's Stock?
• Negative Sentiment: Tesla reported weaker-than-expected Q1 deliveries (the core near-term catalyst), which directly pressured the stock as investors worry demand is softening and guidance/earnings risk rises. Tesla Posts Weaker-than-Expected Deliveries for Q1 2026
• Negative Sentiment: JPMorgan reiterated a very bearish scenario (a ~60% downside target) citing record unsold inventory and free cash flow pressure — that note has amplified selling and analyst target cuts across the street. JPMorgan Warns Tesla (TSLA) Stock Could Plunge 60% — Analyst Breakdown
• Negative Sentiment: Short-term selling has been concentrated in ETFs and derivative flows (TSLL/levered products and puts), and several sell-side analysts have trimmed targets — adding to downward momentum amid execution concerns. Tesla's Dip Triggers TSLL Selloff—Why Are ETF Traders So Nervous?

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.

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