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Tesla (NASDAQ:TSLA) Stock Price Up 2.4% - Time to Buy?

Tesla logo with Auto/Tires/Trucks background
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Key Points

  • Tesla stock rose 2.4% to $390.82 midday on Friday, trading about 64.5 million shares, with a market cap of $1.47 trillion and a MarketBeat consensus rating of Hold (consensus target $398.42).
  • Operational positives include a pickup in European registrations and the first Tesla Semi rolling off a high‑volume line, while Q1 results slightly beat EPS ($0.41 vs. $0.39) but missed revenue estimates and showed a slim net margin (~3.95%).
  • Key risks: a reported $158 billion accounting valuation for Elon Musk’s 2025 compensation, a planned >$25 billion capex push in 2026, intensifying competition from Chinese and U.S. EV rivals, and roughly $573 million of related‑party sales that raise sustainability and disclosure questions.
  • MarketBeat previews the top five stocks to own by June 1st.

Tesla, Inc. (NASDAQ:TSLA - Get Free Report)'s stock price rose 2.4% during mid-day trading on Friday . The company traded as high as $397.82 and last traded at $390.82. Approximately 64,531,500 shares traded hands during trading, an increase of 2% from the average daily volume of 63,154,680 shares. The stock had previously closed at $381.63.

Key Tesla News

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: European demand pickup — Tesla registrations climbed in several European markets in April as higher fuel prices pushed buyers toward EVs, supporting near-term sales recovery and revenue momentum. Tesla sales rebound continues in several European markets in April
  • Positive Sentiment: Semi production milestone — Tesla confirmed its first Semi rolled off a high‑volume production line, a tangible execution win that supports future commercial truck revenue and diversification beyond passenger EVs. First Tesla Semi rolls off high volume production line
  • Neutral Sentiment: Related‑party sales boost revenue — Tesla disclosed roughly $573M of 2024 sales to Musk‑linked companies (SpaceX, xAI), which lifts top‑line but raises questions about sustainability and disclosure clarity. Tesla made over $500 million selling to xAI and SpaceX last year
  • Negative Sentiment: Huge reported CEO pay headline — Tesla disclosed a $158B accounting valuation for Elon Musk’s 2025 compensation, a story that fuels governance scrutiny and negative headlines even though much of that sum is unrealized on the books. Media attention on pay disparity can pressure sentiment. Here's how much Tesla paid Elon Musk last year
  • Negative Sentiment: Elevated capex plan — Morgan Stanley and others flag >$25B capex for 2026 as a cash‑intensive push (robotaxis, Semi, Optimus) that could weigh on near‑term free cash flow and raise execution risk. Tesla, Inc. (TSLA) Capex to Exceed $25B in 2026, Says Morgan Stanley
  • Negative Sentiment: Competition and AI/robotaxi scrutiny — Faster Chinese rivals (BYD, Xpeng) and accelerating peers (Rivian) are chipping at Tesla’s share and the market questions the pace of Tesla’s AI/robotaxi/Optimus progress — a drag on future-growth expectations. Tesla's Lead Is Narrowing—Rivian's Quarter Shows Why
  • Negative Sentiment: Analyst cuts — Some shops have trimmed FY estimates (Erste, others), signaling lowered near‑term EPS expectations that can increase volatility until clearer AI/robotaxi progress or margin improvements appear. Zacks research update

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of research reports. Benchmark reissued a "buy" rating on shares of Tesla in a research note on Wednesday, February 11th. Roth Mkm reissued a "buy" rating on shares of Tesla in a research note on Thursday, April 23rd. Zacks Research raised shares of Tesla from a "strong sell" rating to a "hold" rating in a research note on Tuesday. Canaccord Genuity Group lifted their price objective on shares of Tesla from $420.00 to $450.00 and gave the company a "buy" rating in a research note on Thursday, April 23rd. Finally, Tigress Financial began coverage on shares of Tesla in a research note on Monday. They issued a "buy" rating for the company. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $398.42.

Get Our Latest Stock Report on Tesla

Tesla Stock Up 2.4%

The stock has a market cap of $1.47 trillion, a P/E ratio of 358.55, a P/E/G ratio of 14.19 and a beta of 1.91. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The firm's fifty day moving average is $383.09 and its 200 day moving average is $419.29.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business's quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.27 EPS. As a group, equities research analysts forecast that Tesla, Inc. will post 1.25 EPS for the current year.

Insider Buying and Selling at Tesla

In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the transaction, the director owned 33,860 shares in the company, valued at $12,166,913.80. This trade represents a 43.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla 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 completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 53,804 shares of company stock worth $20,865,598 in the last quarter. Insiders own 19.90% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TSLA. Narwhal Capital Management increased its position in shares of Tesla by 32.8% during the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer's stock worth $4,232,000 after purchasing an additional 2,350 shares in the last quarter. Gamco Investors INC. ET AL increased its position in shares of Tesla by 29.6% during the third 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 in the last quarter. Calamos Wealth Management LLC increased its position in shares of 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 purchasing an additional 2,341 shares in the last quarter. China Universal Asset Management Co. Ltd. increased its position in shares of Tesla by 8.8% during the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer's stock worth $21,571,000 after purchasing an additional 3,935 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its position in shares of 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 purchasing an additional 3,724 shares in the last quarter. Institutional investors own 66.20% of the company's stock.

About Tesla

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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