Tesla Stock Jumps as Cybercab Debut Nears: Can Musk Deliver on Robotaxi Promise? Summary
StoneX backs Tesla with a $475 price target, while regulatory and rollout hurdles remain key risks for its autonomous driving plans
Tesla TSLA shares climbed about 7% Thursday as investors focused on the company's Cybercab unveiling in Austin, putting its autonomous driving plans back at the center of the stock's narrative.
The two-seat vehicle is designed without a steering wheel or pedals and is intended for Tesla's planned driverless ride-hailing network. The company has said Cybercab production started in April, although initial output is expected to be limited.
Tesla's robotaxi operations remain relatively small. Its service uses autonomous Model Ys in parts of Texas and Florida, with some vehicles still operating with human safety monitors. Regulatory requirements could also constrain the pace of expansion, particularly in California.
Wall Street remains divided on the potential. StoneX maintained a Buy rating and a $475 price target, while Barclays kept a Hold rating with a $370 target. Tesla's shares had already risen 16% in August.
For Tesla stock, the Cybercab event could provide investors with another test of whether autonomous driving can develop into a meaningful business alongside its core EV operations.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
A flashy Austin event cannot replace permits, fleet scale or commercially proven autonomous economics Summary
Tesla has the valuation; Cybercab still needs the operating evidence.
Tesla TSLA, the electric-vehicle and artificial-intelligence powerhouse, puts its Cybercab center stage Thursday while shares trade at $381.25. Reuters reported that the two-seat machine eliminates the steering wheel and sits at the heart of Tesla's autonomous ride-hailing ambitions. The vision is enormous. The operating footprint is not—at least not yet.
Texas data counted 420 registered Tesla autonomous vehicles, but just 45 were Cybercabs. Alphabet's Waymo had 988 vehicles registered in the state. Cybercab production started in April, yet volumes remain thin, federal rules restrict vehicles without traditional controls and crucial California permits are still missing. Tesla has built the headline. Now it needs regulatory clearance and thousands more vehicles.
Cybercabs make up only about 10.7% of Tesla's registered autonomous fleet in Texas, leaving the company closer to a controlled rollout than a scaled commercial network. Tesla delivered more than 480,000 vehicles last quarter, proving it can manufacture at breathtaking scale—but robotaxis must still produce permits, utilization and paying passengers. The valuation picture raises the pressure: Tesla's $381.25 share price sits 14.22% above its $333.79 GF Value™, signaling that investors already expect serious execution.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Tesla published a form on Thursday for businesses interested in buying Cybercab fleets or providing infrastructure for its network, the latest sign that the company’s aspirations for its gold-hued autonomous vehicle stretch beyond being a robotaxi operator.
The robotaxi interest form, which was released ahead of the company’s Cybercab event in Austin, is not definitive proof that Tesla will sell its autonomous vehicles to third-party operators. But it’s certainly an indicator of where the company’s longer-term plans lie. Tesla wants to scale and it doesn’t seem to want to do it alone.
Tesla CEO Elon Musk has talked often, and for years, about building a massive fleet of low-cost robotaxis. But in the early days, those dreams centered on personally owned Tesla vehicles. As early as 2016, Musk spoke publicly about a future in which Tesla owners, equipped with self-driving software, would be able to earn money by renting out their vehicles. He stuck with that Tesla network idea for years, noting at the company’s Autonomy Day in 2019 that it would allow owners to add their autonomous vehicles to its ride-sharing app, similar to how Uber’s business model works.
“I feel very confident predicting that there will be autonomous robotaxis from Tesla next year — not in all jurisdictions because we won’t have regulatory approval everywhere,” Musk said in 2020.
That vision never materialized. Instead, the company has focused on testing, and now operating, its own fleet of robotaxis — first with Tesla Model Y vehicles and now the purpose-built Cybercab.
Until now, Tesla seemed committed to keeping its robotaxi business in-house. The interest form, which says “helps us build our robotaxi network,” suggests the company sees promise and profits in widening the circle to include third-party companies.
What that might look like, though, isn’t defined. The company asks interested parties to pick one of several possible options, including Cybercab fleet purchasing, mobility hubs and infrastructure, event collaboration, and “other.”
There are a growing number of companies jumping into the robotaxi fleet management business. For instance, Moove, an African fintech startup that initially focused vehicle financing for ride-hailing drivers, is scaling up an autonomous fleet management business. The startup, which raised $250 million last month at a $2.1 billion valuation, is the fleet operator for Waymo in Phoenix, Miami, and Las Vegas, and in the future, London. The company doesn’t own the Waymo vehicles, but its CEO told TechCrunch that it plans to.
Other autonomous fleet management companies, which Uber has partnered with in its bid to own a piece of the robotaxi market, include Avomo and New Horizon as well as larger more traditional rental car giants like Avis and Hertz.
Tesla’s welcome mat to fleet operators could encourage more small players to open up shop — helping the company saturate markets faster.
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Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade. She is currently the transportation editor at TechCrunch and co-host of TechCrunch’s Equity podcast. She is also co-founder and co-host of the podcast, “The Autonocast.” She previously wrote for Fortune, The Verge, Bloomberg, MIT Technology Review and CBS Interactive.
You can contact or verify outreach from Kirsten by emailing [email protected] or via encrypted message at kkorosec.07 on Signal.
Elon Musk sent dozens of self-driving Cybercabs without steering wheels or brake pedals onto the streets of Austin, Texas, on Thursday, betting that Americans will overcome their fears of rides with “no control” and hop inside.
The rollout of the gold-colored Teslas, which give passengers no way to take control in an emergency, comes as the company prepares to launch the service in other cities. Tesla shares have suffered amid a slump in vehicle sales, but they rose more than 5% Thursday on hopes that the futuristic-looking taxis will catch on quickly.
“No steering wheel, no pedals,” Tesla teased on X before the launch. Musk followed with a post showing a giant Cybercab floating above the Austin skyline and later wrote, “A Storm of Cybercabs.”
Elon Musk sent dozens of self-driving Cybercabs without steering wheels or brake pedals onto the streets of Austin, Texas, on Thursday. AP Photo/Eric Gay An invitation-only launch event was expected to be held later Thursday.
It is unclear how soon Musk intends to roll out the Cybercab service, but he needs to move quickly.
Tesla trails self-driving taxi leader Waymo in the number of cabs deployed and trips completed. To catch up, it must demonstrate that its camera-only system can safely navigate streets and avoid pedestrians. By contrast, Waymo and another rival, Amazon’s Zoox, supplement cameras with radar and a laser-based technology called lidar.
Even if the technology works well, Americans still need to be convinced.
A Pew Research Center survey conducted in February found that seven in 10 US adults were “not too” or “not at all” comfortable riding in a driverless car.
Tesla stock was battered last year after Musk took over President Trump’s government cost-cutting campaign, dubbed DOGE, and embraced extreme-right political candidates, sparking protests at Tesla showrooms and boycotts by car buyers in several countries.
The rollout of the gold-colored Teslas, which give passengers no way to take control in an emergency, comes as the company prepares to launch the service in other cities. REUTERS
Tesla shares have suffered amid a slump in vehicle sales, but they rose more than 5% Thursday on hopes that the futuristic-looking taxis will catch on quickly. REUTERS Tesla posted a second consecutive annual decline in vehicle sales last year. Its profits plunged, and it lost its crown as the world’s best-selling electric vehicle maker to China’s BYD.
Austin has had a self-driving Tesla “robotaxi” service since June last year, but those cars are equipped with steering wheels and brake pedals. The service, which has since expanded to five other cities in Texas and Florida, initially carried passengers with safety drivers aboard to take over in case of problems.
It is unclear how soon Musk intends to roll out the Cybercab service. AP Photo/Mark Schiefelbein Tesla has more than 200 “unsupervised” robotaxis in those cities, meaning they operate without safety drivers aboard, according to the monitoring site RobotaxiTracker. Waymo has more than 4,000 such vehicles in 14 cities.
In the Pew survey, 16% of adults said they would be “somewhat” comfortable riding in a driverless car, while 7% said they would be “extremely” or “very” comfortable.
Separate Gallup polling conducted in 2025 found that skepticism about the safety of driverless cars had risen over the previous several years. More Americans said all or mostly human-operated cars were the safest option than in a 2018 poll.
Tesla has more than 200 “unsupervised” robotaxis in those cities, meaning they operate without safety drivers aboard, according to the monitoring site RobotaxiTracker. Waymo has more than 4,000 such vehicles in 14 cities. REUTERS It is unclear whether Musk is the right person to coax people into cars with no human controls. Another Pew poll conducted in January found that nearly six in 10 adults had a “very” or “mostly” unfavorable view of him.
Musk eventually hopes to send full self-driving software to hundreds of thousands of Teslas through a software update. That would allow Tesla owners to turn their cars into taxis for hire when they are not using them.
Elon Musk promised a billion humanoid robots will outproduce all of humanity within a decade, then turned around and pledged tens of thousands of new human jobs in Austin to build them. The contradiction at the center of Tesla's strategy…
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Elon Musk spent this week making two claims that sit awkwardly next to each other. On September 1, he told the world that “a billion humanoid robots will be more productive than all humans combined within 10 years” and that AI will be able to do anything digital, anything that does not require shaping of atoms by hand, probably by the end of next year. Two days later, on September 3, he pledged that “Probably over 30k people working in high-paying jobs at Tesla HQ & manufacturing in Austin by 2028!”
I have been tracking Musk’s rhetoric on Optimus for the better part of two years, and this is the sharpest juxtaposition I have seen. The person forecasting the end of human labor is also promising to roughly double a human payroll in one city, and the workers he wants to hire will be building the very robots and Robotaxis designed to replace human effort elsewhere.
Austin Headcount Math and the 16,500 Baseline Tesla (NASDAQ:TSLA | TSLA Price Prediction) has not published an official Giga Texas headcount tied to this pledge. The roughly 16,500 workers currently in Austin figure comes from the tweet Musk endorsed, not from Tesla investor relations or a Texas incentive filing. Treat 30,000 as a Musk tweet target until it shows up as an audited commitment in a proxy or an 8-K. The most recent Q2 FY26 shareholder update discusses Austin capacity expansions without pinning a headcount number to them.
The Austin footprint Musk is staffing up is enormous on paper. Cybercab production began at Gigafactory Texas with engineering test drives on public roads in Q2 2026. 4680 battery cell production sits at over 40 GWh of installed Texas capacity, and Tesla has “placed equipment orders for our development fab in Austin” covering lithography-mask production, logic, memory, packaging and chip testing under one roof.
Optimus: Fremont First, Austin Bigger On the Q2 call, Musk called Optimus “the biggest product ever” and warned that “this is going to be the hardest product to scale manufacturing that we’ve ever made at Tesla because everything on the robot is new.” The Gen 3 line runs in Fremont with a target of a million units a year. Optimus 4 goes to Austin, aiming “an order of magnitude more production of Optimus 4 than Optimus 3” at roughly 10 million units a year.
If those robots ever hit dexterity parity with humans, and Musk said “an Optimus is designed to have full human dexterity”, the 30,000 Austin jobs are best understood as a construction and ramp cohort that precedes a leaner steady-state operating base. Someone has to install the lines before the lines replace them.
Cybercab Week and the Stock The jobs pledge landed during Cybercab week. Musk described the vehicle as “basically a super comfortable lounge on wheels with a great TV and epic sound”. Tesla closed at $376.37 on September 3, up 5% on the day and 15% over the past month, though shares remain down 16% year to date. Market cap sits near $1.49 trillion at a P/E around 372.
The financial backdrop for all of this is a company burning cash to build the future. Q2 FY26 revenue hit $28.24B, up 25.5% year over year, while operating income fell 56.9% to $398M and free cash flow swung negative $1.09B. CFO Vaibhav Taneja told investors “we are in a big investment cycle and expect our operating expenses largely driven by R&D to continue to grow in 2026 and beyond,” with capital expenditures expected to top $25 billion this year and debt facilities of up to $30 billion being lined up.
What to Watch Musk even joked the same afternoon that Austin in September is not a great time of year to recruit people. The serious question for TSLA holders is whether the Austin buildout produces enough Optimus and Cybercab volume by 2028 to justify a $1.49 trillion valuation, and whether those 30,000 jobs get audited in a future proxy filing or fade as a tweet. If you believe Musk that “the AI riptide is already underway”, the Austin hires are the last big human cohort Tesla needs before the robots take the line. If you do not, the pledge is a headline during Cybercab week. Either way, the SEC filings will tell us which Musk to believe.
Contact [email protected] for any questions or corrections.
While Tesla (TSLA +5.42%) is best known for its electric vehicles (EVs) and, to a lesser extent, energy solutions, the real value the market is pricing into its stock lies in the near term from its nascent robotaxi business and, later, in its Optimus robot. With a valuation far in excess of rival automakers, Tesla stock clearly has a lot riding on its robotaxi rollout, so here's what you need to know before investing in the stock.
The bears' case over the robotaxi rollout The naysayers' argument is based on the rollout's failure to deliver anything close to CEO Elon Musk's previous estimates (which included covering half the U.S. population by the end of 2025) for fleet and city expansion.
Image source: The Motley Fool.
In addition, the bears point out that Tesla's camera-only approach faces significant technological hurdles compared with Waymo and others that use light detection and ranging (lidar) technology. Tesla's camera-only solution, and the fact that it makes its own robotaxis, notably the Cybercab, give it an apparent upfront cost and cost-per-mile advantage over lidar-based rivals. However, bears argue that lidar and EV costs will drop over time, ultimately eroding Tesla's competitive edge.
Finally, bears argue that the fragmented regulatory pathway for steering-wheel-less vehicles (like Cybercab) is likely to lead to a lengthy state-by-state approval process. In short, bears not only doubt that Tesla will get widespread approvals, but also see a lengthy, time-consuming, and costly process, while its lidar-focused rivals continue to build scale and reduce their costs.
The robotaxi bulls' case The bulls' case rests on recognizing that the robotaxi rollout hasn't met the expectations previously laid out by Musk, while also noting that management has spent the last two earnings calls communicating to investors the reality of the rollout. Instead of focusing on fleet size and city expansion, management is now emphasizing the need to perfect the full self-driving (FSD) software, namely v15, to enable a large-scale rollout.
In addition, on the July earnings call, Tesla's head of AI, Ashok Elluswamy, said it had logged 380,000 miles with unsupervised robotaxis. He added that since the start of 2026, "We have grown at double-digit growth rates to the number of unsupervised miles that the fleet drives every week," with expectations for that to continue through the year.
Moreover, he confirmed robotaxis were already running early versions of v15, and said: "We had planned roughly ... seven major improvement tracks, and they're all happening in parallel." He said about 40% of the tracks in the early v15 builds running on robotaxi have merged.
The strategy of focusing on validating and releasing the final version of v15 makes perfect sense, given the kinds of difficulties that could arise if Tesla scales up a robotaxi service using FSD software that isn't yet the finished product.
Image source: Tesla.
All of which should not lead readers to conclude that Tesla's unsupervised robotaxis have a dubious safety record. Tesla reports incident data from its robotaxis to the National Highway Traffic Safety Administration (NHTSA), and an analysis of the NHTSA data shows that Tesla only had four incidents in 2026 to mid-July that were directly the fault of unsupervised robotaxis under FSD. They are all very low-speed impacts (below 5 mph), with the only incident since January being contact with a thin metal chain blocking a parking lot.
All told, the bulls see Tesla's robotaxi safety record as exemplary and are looking forward to a wide-scale ramp-up, including Cybercab, if and when v15 is fully ready at the end of 2026 or early 2027, according to Musk.
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The bottom line on Tesla Robotaxi is hard. There are no guarantees that Tesla will receive regulatory approvals in line with bulls' expectations, and it's important to note that the NHTSA data doesn't indicate when remote intervention occurred or include any assessment of operational matters (such as robotaxis driving in loops or missing pickup or drop-off points).
That said, Tesla's underlying robotaxi progress is real, and while the shift in emphasis from fleet size and cities to v15 and miles driven will frustrate many investors hoping for a more aggressive rollout, it is what will ultimately release value for shareholders. Meanwhile, analysts at Ark Invest continue to expect Tesla's robotaxi to have a cost per mile that is some 30% to 50% lower than Waymo's.
Consequently, I think the best approach is to take a bullish stance, but be aware that there's a significant risk that the timeline for the large-scale expansion could slip into 2027 and be staggered from a regulatory approval perspective.
Tesla Inc. (NASDAQ:TSLA) shares jumped Thursday as traders positioned ahead of the company’s highly anticipated Cybercab event this evening in Austin, Texas.
The rally comes as Morgan Stanley analysts laid out a binary setup for the stock in a note previewing the event, according to CNBC.
TSLA stock is shooting higher. See the real-time price action here. If Thursday’s Cybercab event “includes a meaningful rollout of unsupervised” vehicles, the analysts said they expect Tesla’s stock to “regain momentum.”
And if the event underwhelms, the market reaction would likely be “muted or negative,” they argued.
The Bull CaseMorgan Stanley’s optimism centers on Tesla finally moving from demonstration to deployment. The firm maintains a $400 price target and an equivalent hold rating on the stock.
“Continued growth in the unsupervised fleet (Cybercab or Model Y) is key for the stock to outperform through year-end,” the analysts wrote, per CNBC.
That framing matters given how far Tesla shares have fallen this year — down about 21% as of Wednesday’s close and before Thursday’s rebound.
A credible signal that Tesla can scale unsupervised driving beyond limited pilot programs could reset investor sentiment heading into the fourth quarter.
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The Bear CaseMorgan Stanley indicated that another round of flashy demos without evidence of real commercial scale would leave the bear thesis intact.
Trending
If the bear case materializes, Tesla stock could echo the market’s reaction to the original 2024 “We, Robot” robotaxi reveal, when the same firm’s analysts said they were “overall disappointed with the substance and detail” and warned shares would face pressure.
What It Means For TradersWith shares already up sharply intraday, the market appears to be pricing in at least some chance of a positive surprise.
But Morgan Stanley’s hold rating suggests the firm is not ready to call a trend reversal until Tesla shows tangible fleet growth — not just another headline-grabbing unveiling.
Traders watching TSLA will want to track any post-event commentary on unsupervised mile counts and deployment timelines.
TSLA Stock Price Activity: Tesla stock was up 7.11% at $382.38 at the time of publication Thursday, according to Benzinga Pro.
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Photo: mundissima / Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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The past month's electric vehicle story is a single-name story. Tesla (NASDAQ:TSLA | TSLA Price Prediction) shares are climbing while the sector benchmark barely moves and one pure-play peer implodes.
In a couple of hours, Tesla will “launch” the Cybercab — a small, gold, two-seater sedan with no steering wheel or pedals that uses cameras and AI to navigate the world — in its hometown of Austin, Texas.
The company hasn’t said what the launch will entail, exactly. It could be a few cars offering rides in a small area downtown, or a far grander affair in both size and scope.
Tesla certainly wants you to believe it’s the latter.
In the runup to the event, Tesla staged dozens — perhaps more — of its Cybercabs around Austin and in many other U.S. cities. At the time this story was published, 420 autonomous vehicles were registered in Texas, according to the state’s automated vehicle tracker.
Ashok Elluswamy, the head of Tesla AI, recently said in a post on X that the “streets won’t be the same anymore.” When another user wrote that Tesla is “about to flood Austin,” CEO Elon Musk replied: “Yes.” On Wednesday night, Musk posted a seemingly AI-generated photo of the Cybercab consuming the city alongside a massive dust storm.
“A Storm of Cybercabs,” Musk wrote in another post.
These gravitas-laced posts mark a departure from the company’s go-slow-and-safe messaging in the months leading up to the event. Musk and other Tesla executives had previously professed they were taking a cautious approach to its robotaxis in the name of safety, though at times they seemed more concerned about public perception of a potential failure.
Of course, Tesla’s launch strategy isn’t as meaningful as the outcome. Tesla’s ability to successfully build a robotaxi network around the Cybercab would provide the first tangible evidence that it has transitioned from an automaker with some side projects to an AI and robotics company.
There’s a trope Musk favors that is apt for this moment: the fork in the road. It was the subject of an email he sent to Twitter employees in 2022 when he gave them an ultimatum to stay or leave. He invoked it again in early 2025 when he encouraged federal government employees to leave as part of his job leading DOGE, before he truly started wrecking house.
Musk loves the metaphor so much that he commissioned a 30-foot-tall sculpture of a literal fork on a literal road for Burning Man in 2022, before moving the sculpture to a Tesla office.
The Cybercab is Tesla’s fork in the road. This is either the moment the company begins to transform urban transportation as we know it, or the moment that reveals that, despite its many efforts, Tesla really is just an automaker after all.
Robot taxis A Tesla robotaxi in Austin, TexasImage Credits:Tim Goessman/Bloomberg / Getty Images Musk first revealed the Cybercab in 2024 at a Hollywood movie lot. But the idea has been around far longer.
Musk has spent more than a decade promising that Tesla would find a way to make its cars fully autonomous, paving the way for a network of robotaxis. He even went so far as to claim, in 2016, that every Tesla being made had the capability to become fully autonomous and that the cars only needed the right software update to make it happen.
He was wrong. Tesla has reworked the hardware in its cars multiple times since that declaration, and Musk recently admitted that millions of them will need some kind of hardware retrofit to become autonomous.
Still, Tesla kept developing driving automation software. It has steadily released and refined its primary offering, Full Self-Driving (Supervised). But as capable as that software has become, it is still driver-assistance software. The responsibility and liability remain with the driver.
The Cybercab is supposed to change all that. It emerged from an effort by Tesla to develop a next-generation EV platform that was cheaper to build.
The plan was for the company to take what it learned from the Model 3 and Model Y — its two biggest mass-market successes — and develop a new platform that would cost half as much, allowing Tesla to make more affordable EVs.
Years of reporting and Musk’s own biography have shown that he was so dead set on achieving full autonomy that he decided against building a manually drivable car on the platform. Instead, Musk focused entirely on using the new platform to power the two-seater robotaxi we now know as the Cybercab.
In April 2024, months ahead of the Cybercab reveal, he approved massive layoffs at Tesla in service of going “balls to the wall for autonomy,” which he called a “blindingly obvious move.”
“Everything else is like variations on a horse carriage,” he wrote at the time.
Slowly, then quickly? Tesla cybercab on display at the AutoSalon in january 2025 in Brussels, BelgiumImage Credits:Sjoerd van der Wal / Getty Images Tesla started testing the first version of its Robotaxi program last June in Austin using modified Model Y SUVs. For the first few months, the company had an employee in the front seat (sometimes behind the wheel, sometimes in the passenger seat) who could stop the car if something went wrong.
Things have gone wrong along the way, though not catastrophically. Tesla has reported a few dozen incidents in Austin since it launched the Robotaxi pilot. Most were minor crashes with stationary objects, and a few involved teleoperators remotely moving the vehicles at low speeds.
The company has expanded this Model Y-based system to a few other cities in Texas and Florida. But over the past year, the network has not lived up to the hype Tesla manufactured at launch in June 2025. In July, the company revealed that the number of paid miles the network was facilitating was actually moving backward.
But that may not matter much to Tesla, which believes scaling its robotaxi network requires the Cybercab.
Tesla designed the Cybercab around cost. It’s smaller, lighter, and has a lower-capacity battery pack than any other Tesla. Fewer raw materials — especially on the battery side — make it cheaper to build. The cheaper it is to build, the faster Tesla can potentially turn a profit once it’s deployed.
That math has Tesla’s most ardent fans giddy. They look at Tesla’s ability to build dozens of Cybercabs for roughly the same amount of money Waymo spends to purchase and outfit fewer than 10 of its newest “Ojai” vans and see it as proof that the robotaxi war is already won.
Musk seems to agree. In a reply to a post that included a graphical representation of this argument, he wrote, “this doesn’t even take into account the operational efficiency of Cybercab.”
There are caveats worth considering. Tesla has, to date, only operated its robotaxi network within a geofence in each city. While some are larger than others, and the company has kept expanding some of them, Musk himself once said: “If you need a geofenced area, you don’t have real self-driving.”
Then there’s the challenge of operating the network at scale.
Tesla has so far benefited from having a small network in just a few cities. That naturally means its self-driving software encounters fewer edge cases than Waymo, which has 4,000 robotaxis on the road. Fewer trips and fewer edge cases also mean fewer chances for riders to spot problems and post them on social media or report them to regulators or journalists.
Tesla has also benefited from the fact that its fleet has consisted of Model Y SUVs, which are harder to distinguish on the road than a bright white Jaguar I-Pace kitted out with sensors. That will change with the Cybercabs. If Tesla’s software isn’t up to the task, its failures will be much harder to miss when they happen in shiny gold cars.
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Today is a big day for Tesla (TSLA +7.19%) and its CEO, Elon Musk. Tesla has scheduled an event in Austin today to share details about its upcoming Cybercab -- a driverless two-seat vehicle whose design it debuted two years ago.
Tesla and Musk have put a lot of effort into the Cybercab, which has no steering wheel or pedals and is designed to operate unsupervised using the company's Full Self-Driving (FSD) technology. Is tonight the day that Tesla finally begins to justify its huge valuation and reward investors who have been hanging on during down cycles?
Image source: The Motley Fool.
Here's what we know about today’s Cybercab eventTesla teased the event on social media, writing on X, "no steering wheel, no pedals," and in another post, urged riders to "try it out." Musk pinned a post to the top of his X feed that simply says, “A Storm of Cybercabs.” The event is expected to begin at 5:45 p.m. ET, according to a post from cybercab engineer Eric Early on X.
But in large part, the event is shrouded in secrecy. Reuters reports that Tesla has 45 Cybercab vehicles in Texas, and the company has been posting social media photos of a fleet of gold-colored Cybercabs with their distinctive butterfly doors.
In a research note, Morgan Stanley analysts wrote that they expect Tesla stock to "regain momentum" if the event includes a "meaningful" increase in unsupervised vehicles. But the analysts also warned that if the event is underwhelming, the market's reaction would be muted or worse. "Continued growth in the unsupervised fleet (Cybercab or Model Y) is key for the stock to outperform through year-end," the analysts wrote.
Tesla stock is down nearly 15% so far in 2026, and currently trades 22% below its all-time high.
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Why is today's event important to Tesla?Tesla has been working for years on full self-driving. Musk has been promising for at least a decade that the company was close to introducing a vehicle capable of driving across the country without human intervention.
The company currently offers a supervised FSD system for its vehicles that requires a human driver to remain at the wheel and be prepared to steer or brake. The FSD subscription costs $99 a month, and Tesla says that more than 14.1 billion miles have been driven with the technology, with collision rates that are 7x lower than those of human drivers.
But the company still needs to get unsupervised FSD approved for national use. And it has fallen behind Alphabet and its Waymo business, which includes commercial robotaxi service operating in 14 U.S. cities and a fleet of 4,000 driverless vehicles on U.S. roadways.
Tesla needs a winIt's been a rough summer for Tesla. The company's second-quarter earnings report was not well received, as Tesla reported dwindling margins and rising expenses, which overshadowed the 25% increase in vehicle sales and a 26% jump in revenue. Operating margins dropped from 4.1% a year ago to 1.4% in the second quarter, and expenses increased 47% to $4.35 billion.
In addition, the company's capital expenditures more than doubled sequentially, and Tesla issued guidance for $25 billion in capex for the year. It also announced plans to borrow up to $30 billion.
Tesla stock was up nearly 7% at midday trading today, signaling market enthusiasm for today’s event. Tesla has set a high bar -- if it can clear it, Tesla stock may go parabolic tomorrow. If it falls short, this could be a rough day to hold Tesla shares.
Options traders are kicking off the historically worst month for stocks by piling on bullish bets on a handful of retail trading favorites that are known for big swings and speculative activity.
Trading volume was above average on Thursday in stocks like Robinhood Markets, Palantir Technologies and Elon Musk giants Tesla and SpaceX — which were the top and fourth-most traded stocks by options volume respectively.
The trading flows look discernably bullish with calls outpacing puts by at least 2 to 1 in each. While each name has a stock-specific story, traders may also be taking advantage of steep drop off in implied volatility both in the S&P 500 and single stocks as the Cboe Volatility Index (VIX) trades below 15.
Retail trader favorite and surging trading platform stock Robinhood is seeing the most outwardly bullish action of these four names in Thursday's session. Calls are trading more than twice as heavily as puts through midday, with nearly three times as many calls bought relative to puts. Put selling outweighs put buying in the name as well, signaling confidently bullish sentiment from traders on more than triple average daily trading volume.
HOOD year to date
Robinhood stock is suddenly positive on the year after Thursday's huge move higher, and within striking distance of a fresh year-to-date high.
A similarly outsized stock move higher in Palantir is translating to heightened options activity as well. The software stock finds itself inside the top ten most traded single-stock options on nearly double the average daily volume. Traders are buying twice as many calls than puts, with more puts being sold than bought.
But it's all about Musk mania ahead of this evening's Tesla Cybercab event in Austin, Texas. Traders in both Tesla and SpaceX are buying twice as many calls than puts, with significantly more puts being sold than bought.
The action in SpaceX comes as the stock retakes the key $150 level, a price it hasn't closed above since early July. It also comes alongside a huge drop-off in volatility. SpaceX's current 30-day implied volatility is in just the 4th percentile, and about half its historical average since going public June 12.
"Bitcoin ripping is great for Robinhood and Snowflake was the catalyst for Palantir," said Charles Moon, a momentum trading specialist at Prosper Trading Academy. "Retail's getting aggressive because all they need is a reason to be. It's a good sign."
The Cybercab event could shape how Wall Street values Tesla's autonomous-driving ambitions after a strong run in the stock. Summary
Tesla holds its Cybercab event on Sept. 3
Tesla Inc. (TSLA, Financials) is heading into its Cybercab event with a very specific investor test. Morgan Stanley says the market may need to see 25 to 50 Cybercabs deployed across Texas in the days or weeks after the launch event for the stock to react favorably.
The Cybercab is Tesla's first dedicated autonomous ride-hailing vehicle. It has no steering wheel or pedals and is designed specifically for fully autonomous passenger transport. Morgan Stanley's bull case is straightforward.
If Tesla deploys a fleet of unsupervised Cybercabs in Austin, Houston and Dallas for paid retail rides, the development could bolster confidence in the company's robotaxi strategy.
A few cars probably aren't enough. The firm said five to 10 Cybercabs would probably be less than the market wants to see. The bear case is also obvious: retail demos with little or no commercial deployment.
That's another demo, not evidence that Tesla's ready to scale autonomous ride-hailing.
That matters to investors because Tesla's more than $1.4 trillion valuation is already built on high hopes for autonomy and AI.
The next trigger is instantaneous. Investors will be watching after September 3 to see if Tesla can move beyond demonstration to real-world deployment.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Tesla once dominated the EV revolution and captivated investors worldwide, but a cascade of forces has put Elon Musk in a corner with no obvious escape route.
There was a time when Tesla (NASDAQ: TSLA | TSLA Price Prediction) was America’s hot stock. The Thomas Edison of his age, Elon Musk, created a path forward, especially for EVs. This wasn’t limited to the US. Tesla had made impressive inroads across China, the world’s largest EV market. It even made advances in Europe, which was not a place for early adopters. That has changed recently.
But look at the numbers. Tesla’s stock is down 21% this year. The S&P is 12% higher. Over the last year, Tesla’s stock is up 8%. The S&P is up 20%. Over the last five years, Tesla’s stock is up 46%. The S&P rose 69% over that period.
Tesla had some success with its two early models, the Model S and Model X. They were high-performance EVs with equally high prices. When Tesla introduced the Model 3 and Model Y, it offered vehicles priced closer to $50,000. These price points helped cause a surge in Tesla’s sales.
Over the last three years, Tesla has faced strong headwinds. First, US adoption never met the goal set by the federal government and some of America’s large car companies. Additionally, China’s EV companies began to grow rapidly, partly because of government financial support. China’s BYD became the world’s largest EV company and succeeded in parts of Asia, South America, and, more recently, Europe. Tesla didn’t just face competition; it faced lower-cost production companies that made very good vehicles. Tesla’s market share in China began to fade.
Tesla could never overcome US car buyers’ objections to EVs. Most had ranges of only 300 miles. Furthermore, charging stations were too few. In some cities where they were available, lines often formed, and vandalism was occasional.
Cheap gas prices, until recently, made Americans happy to stay in the fossil fuel-powered vehicle market. People could at least find gas stations easily.
Elon Musk has not been able to sell Tesla’s future very well. It is a world in which people do not have to drive their cars at all—AI will do it for them. The Robotaxi is envisioned as the preferred way for Americans to travel around cities, and the world will have hundreds of millions of robots. Musk’s Optimus robot is intended to lead in this market. However, many analysts of the future of robotics do not share Musk’s enthusiasm.
Musk does not have a clear way to claw back his EV market share, and investors are not buying into his dreams.
Contact [email protected] for any questions or corrections.
As Tesla Inc. (NASDAQ: TSLA) stock climbed more than 16% over the past 30 days, through September 3, 2026, coinciding with the company’s Cybercab event, Mickey Legg, a Wall Street analyst at StoneX, has set a new target at its all-time high (ATH) over the next 12 months.
Legg reiterated a ‘Buy’ rating for Tesla stock, according to a note sent to clients on Thursday. This analyst maintained the firm’s 12-month price target for TSLA at $475.
With TSLA price hovering at about $373.02 at the time of writing, Legg signals a potential 27.34% upside over the next 12 months. This bullish thesis was issued despite the underlying uncertainty surrounding the company’s ability to capitalize on its competitive edge against Waymo, an autonomous driving technology company that develops and operates self-driving taxi services.
“It remains unclear whether a two-seat vehicle priced at a 55% discount to Waymo on the same route can generate sufficient fare per mile for contribution margin,” Legg noted.
Additionally, he reaffirmed a buy rating since Cybercab, a car that operates on a modified version of Tesla’s Full Self-Driving (FSD) software, is set to become hailable through the existing Robotaxi app in Austin, alongside or in place of the Model Y already in service.
Notably, Tesla argues that this car uses 165 Watt-hours per mile, is equipped with a 48 kilowatt-hour battery pack, achieves 418 miles of range in laboratory testing, and has a target price of under $30,000. As such, Legg concluded that these specifications make it the most efficient electric vehicle the company has ever produced.
Is it a good time to buy Tesla stock? Although StoneX believes that Tesla stock could rally towards its ATH over the next 12 months, 28 analysts surveyed by TipRanks have issued a ‘Moderate Buy’ rating for the same period. As of press time, these 28 analysts have set an average 12-month price target of $377, suggesting possible consolidation.
TSLA stock forecast. Source: TipRanks Among these surveyed experts, the highest TSLA price forecast is $505, while the lowest is $24.86.
TSLA price performance Year-to-date (YTD), TSLA’s price has fallen by 14.85%, thus lowering the company’s market capitalization to $1.4 trillion at the time of publication.
TSLA’s YTD chart. Source: Finbold As a result, if Tesla’s two-seat vehicle gains traction over the coming months, the stock’s past 30-day uptrend could continue to hit StoneX’s target.
Featured image via Shutterstock
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The Direxion Daily TSLA Bull 2X Shares ETF (NASDAQ:TSLL) is among the most actively traded ETFs on Thursday as investors pile into leveraged exposure to Tesla Inc (NASDAQ:TSLA) ahead of the company’s closely watched Cybercab event.
• Tesla stock is surging to new heights today. What’s behind TSLA gains?
TSLL traded around 21 million shares in Thursday’s session at the time of writing, while Tesla shares were up about 5%. The setup is particularly relevant for short-term traders because TSLL seeks 200% of the daily performance of Tesla stock, before fees and expenses.
That means a sharp move in Tesla can translate into an even larger move in TSLL, making the ETF a popular vehicle for traders looking to capitalize on event-driven momentum without buying Tesla shares directly.
But the leverage cuts both ways.
Why Tesla Is Moving TSLLTesla is set to unveil its Cybercab autonomous vehicle in Austin, Texas, on Thursday, potentially marking a major step in CEO Elon Musk’s strategy to turn Tesla from an EV manufacturer into a broader artificial-intelligence and autonomous-driving company.
The two-seat vehicle has no steering wheel or pedals and is expected to become the centerpiece of Tesla’s driverless ride-hailing ambitions. Tesla has already begun testing Cybercabs and had 45 registered in Texas as of early September. However, the fleet remains considerably smaller than Waymo’s, which had 988 autonomous vehicles registered in the state.
For investors, the key issue isn’t simply whether Tesla can demonstrate the Cybercab. It is whether the company can show that autonomous driving is becoming a scalable business.
That distinction matters for TSLL traders because Tesla’s valuation increasingly depends on expectations around autonomy, rather than its traditional automotive business alone.
“The most important thing to watch is not the demonstration itself, but the operational maturity behind it,” Florian Frischmuth, senior vice president of digital engineering at Envorso, told IBD.
Investors will therefore be watching for evidence that Cybercabs can operate without safety monitors, how much remote assistance is required and how quickly Tesla can expand the fleet.
Morgan Stanley has also warned that a disappointing Cybercab showing could trigger a sell-off in Tesla, highlighting the binary nature of Thursday’s catalyst.
TSLL Technical Setup Gets More InterestingTSLL was up 11% at $10.40 at the time of publication on Thursday, according to Benzinga Pro data, as Tesla’s 5% gain amplified through the ETF’s 2X daily leverage.
The move puts TSLL 3.4% above a key technical level, suggesting that bullish momentum has strengthened. Holding above that level could encourage additional buying in the near term, particularly if Tesla continues to gain momentum following the Cybercab event.
Volume is adding weight to the move. About 21 million TSLL shares changed hands on Thursday, indicating strong participation as the ETF climbed. For intraday traders, a price breakout accompanied by heavy volume is generally more convincing than a move on thin trading activity.
Still, the bigger picture calls for caution. TSLL remains 27.4% below a longer-term resistance level, leaving a significant hurdle for the ETF if the current rally develops into a sustained uptrend.
The ETF’s 52-week range of $6.69 to $23.74 also illustrates just how volatile leveraged Tesla exposure can be. At $10.31, TSLL is well above its 52-week low but still far below its high, underscoring both the potential upside and the risk of sharp reversals.
For intraday traders, the immediate question is whether TSLL can hold above the newly reclaimed technical level and build on Thursday’s volume surge. A sustained move higher could put the longer-term resistance zone back in focus. A failure to hold the breakout, meanwhile, could invite profit-taking, particularly after a 10% one-day jump.
The Cybercab rollout remains the key catalyst. Concrete details on Tesla’s autonomous-driving technology, the pace of fleet expansion and the company’s ability to operate robotaxis with minimal human intervention could determine whether Thursday’s rally has follow-through.
For TSLL traders, that makes Tesla’s price action and volume more important than the headline itself. A strong Tesla breakout with continued volume could keep the leveraged ETF in momentum mode, while a post-event reversal could be magnified on the way down.
What Intraday Traders Should WatchThe biggest mistake would be to assume that a 5%+ gain in Tesla automatically means TSLL will finish the day up exactly 10%.
TSLL targets 2X Tesla’s daily return, not twice Tesla’s return over any arbitrary holding period. The fund resets its exposure daily, meaning compounding and volatility can cause its performance to diverge from simply holding Tesla with 2X leverage. Direxion explicitly warns that investing in TSLL is not equivalent to investing directly in TSLA.
For Thursday’s session, the Cybercab announcement is therefore the catalyst, but Tesla’s reaction is the signal.
TSLA has broken above its recent resistance on strong volume, and TSLL could see another momentum leg higher. Tesla recently tested the $369 area.
TSLL’s recent trading history also shows why volume confirmation matters. The ETF has repeatedly produced double-digit percentage swings alongside heavy volume, making failed breakouts particularly dangerous for momentum traders.
Conversely, if the Cybercab event fails to deliver meaningful details on deployment, autonomy or scaling, traders could see a classic buy-the-rumor, sell-the-news reaction.
For TSLL, that could make Thursday’s session particularly volatile.
Read Next
Photo: Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Tesla shared a tantalizing tidbit ahead of an Austin, Tex., event in which the automaker is expected to provide new details about driverless Cybercabs on Thursday night.
“No steering wheel, no pedals,” the company wrote on X on Wednesday.
The Cybercab design is a driverless two-seater with butterfly doors. REUTERS Multi-billionaire owner Elon Musk chimed in, writing on his X account: “A Storm of Cybercabs.”
The laconic messages came as fans and investors have been eagerly awaiting Thursday’s event, following Tesla’s reveal of a design for the autonomous taxis nearly two years ago.
Musk has said the Cybercabs will debut as driverless two-seaters with butterfly doors and sans steering wheel and pedals – making them wholly reliant on self-driving technology.
Musk fanboys have taken to social media to share video clips of Cybercab vehicles driving down public streets in Austin – seemingly missing a steering wheel and driver.
One clip showed a gold metallic Cybercab pulling over to let two passengers put their luggage in the trunk and then sit in the car. It only partially opened the passenger-side door, seemingly to avoid hitting a traffic cone in the way.
That would mark a significant benchmark for the company, which has been testing robotaxis in several markets around the country – but all have been equipped with traditional steering controls with a human driver on-board.
If Tesla reveals a fully autonomous Cybercab at its Thursday event, it could help the struggling automaker’s stock bounce back. Shares in Tesla are down 13% so far this year.
Musk has billed the Cybercab as a key facet of the company’s long-term path to growth, as it has struggled with slumping sales of its electric cars.
Musk – the richest person in the world, with a net worth of $915 billion, according to Forbes – has said the company will transform into a broader tech firm focusing on artificial intelligence and humanoid robots.
Elon Musk said in April that Tesla “started production” on the Cybercabs. REUTERS Investors are hopeful Musk’s firm will announce an imminent rollout of the Cybercabs onto city streets, as rival Waymo races ahead in the driverless taxi space.
Musk – whose SpaceX went public in a historic IPO earlier this year – is known for giving confident prediction about pie-in-the-sky goals.
In 2020, he had said he was “highly confident” humans would land on Mars before 2026. More recently, he said he believes humans will set foot on the red planet in 10 to 15 years.
And since 2016, Musk has been promising the imminent arrival of a self-driving Tesla that can take a passenger coast-to-coast across without any human intervention.
Tesla riled up fans and investors ahead of its Cybercab event on Thursday. @robotaxi/X In April, Musk said Tesla had “started production” on its Cybercabs and shared a video showing a robotaxi driving off the floor at the company’s Gigafactory in Austin.
All Tesla models currently have the hardware capability to run the company’s Full Self-Driving technology.
In spite of the name, it requires a human driver to remain behind the wheel and alert, ready to take control if needed. It can take drivers “almost anywhere” with “minimal intervention,” according to the company.
Tesla currently has around 200 vehicles in the US that are registered as “unsupervised,” meaning they can operate without a human driver in the vehicle in specific areas of certain cities where autonomous technology is allowed, according to a Robotaxi tracker.
The vehicles have cruised in cities including Austin, Dallas, Houston, Miami, Orlando and Tampa, the tracker found.
Google’s Waymo has been leading the way, currently operating roughly 4,000 driverless robotaxis in 14 cities around the country.
Tesla tantalized fans with posts on X saying "try it," and "no steering wheel, no pedals" ahead of a planned, invitation-only Cybercab event in Austin, Texas on Thursday. Elon Musk's automaker first unveiled the company's Cybercab in October 2024.
Tesla's bull case and bear case are both stronger than usual right now, and that tension is exactly what makes the stock so difficult to read at current levels.
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Tesla (NASDAQ:TSLA | TSLA Price Prediction) trades at $357.01, and the split reaction after the stock touched $355 shows why the setup is unusually balanced. The bull case and the bear case are both stronger than usual right now, which is a signal to slow down rather than press.
Tesla still sells more electric vehicles than any Western rival, but the story reflected in the stock is no longer just cars. It is robotaxi expansion into seven US markets, an Optimus ramp management calls potentially the biggest product it has ever built, an in-house semiconductor fab, and roughly 1.5 million paid FSD customers globally.
The stock has round-tripped from a Q4 2025 filing high near $439 to today, and consensus estimates are getting cut. That is the tension.
AI Optionality and Record Deliveries Anchor the Bull Case Bulls have real numbers to point to. Q2 2026 revenue rose 25.5% year over year to $28.24 billion, deliveries hit a record 480,126 vehicles, and management said Tesla exited the quarter with its largest order backlog since 2023.
Energy storage deployments jumped 53% sequentially to 13.5 gigawatt hours, feeding directly into data center power demand. The robotaxi fleet has logged more than 380,000 unsupervised miles with what management describes as zero notable incidents. The balance sheet holds roughly $43.5 billion in cash, giving Tesla runway to fund the Optimus, CyberCab, and semiconductor buildouts without stress.
Margin Collapse and a 371 P/E Frame the Bear Case The bear case starts with the multiple. Tesla trades at roughly 371 times earnings while Q2 operating margin compressed to 1.4%, non-GAAP EPS of $0.33 missed the $0.54 consensus by nearly 39%, and free cash flow flipped to negative $1.09 billion.
Analyst estimates are moving the wrong way. The 2026 EPS consensus has fallen to $1.77 from $2.13 just 30 days ago, and downward revisions outnumbered upward ones 18 to 7. Barron’s headlines this week flagged that Tesla’s robotaxi fleet lags far behind Waymo and questioned Cybercab hype, exactly the narratives Tesla’s premium depends on.
Waiting for Execution to Catch Up With Ambition The wait-and-see case is the clearer read. Capex is on track to exceed $25 billion for the year, and management said heavy spending will continue for two or three years. That is a long window before Optimus, CyberCab, and the Austin fab either justify the multiple or force a rerating.
Automotive margins ex-credits slid from 19.2% to 16.3% sequentially, yet Q1 already showed the model can snap back when tariff and warranty timing normalize. Neither side has the last word yet.
What the Numbers Actually Say Tesla currently trades at $357.01 against an analyst target of $390.09, implying roughly 9.3% upside. Coverage is deep: 6 strong buys, 16 buys, 19 holds, 3 sells, and 2 strong sells. Targets are one data point among many, and the estimate range for 2027 EPS runs from $0.80 to $3.65.
Shares are up 10.85% over the past month and 8.4% over the past year, but down 20.62% year to date. The S&P 500 is up 12.21% year to date and 19.51% over one year. Tesla is underperforming the broader market badly in 2026.
Why the Setup Looks Balanced at $357 At $357, the risk/reward looks balanced. Here is why.
The stock sits within a few percent of fair value on our modeled base case of $373.67, and the bull and bear paths ($457 vs $341) bracket the current price too tightly to justify aggressive positioning either way. Estimate cuts are still landing, capex is climbing, and margins have not stabilized.
What would strengthen the bull thesis: robotaxi miles compounding, FSD attach rate breaking above 60% in North America from the current 55%, and automotive gross margin ex-credits rebuilding above 19%. What would strengthen the bear thesis: a third consecutive EPS miss, capex overshooting $30 billion without revenue follow-through, or a robotaxi safety incident.
The cost of patience is small relative to the cost of picking wrong before the Q3 earnings report. Tesla is a story stock in a show-me quarter, and the next earnings report is likely to settle the argument.
Contact [email protected] for any questions or corrections.
D L Carlson Investment Group Inc. acquired a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 16,899 shares of the electric vehicle producer’s stock, valued at approximately $7,108,000. Tesla makes up about 1.1% of D L Carlson Investment Group Inc.’s portfolio, making the stock its 20th biggest position.
A number of other institutional investors and hedge funds have also modified their holdings of TSLA. Crestwood Advisors Group LLC lifted its position in Tesla by 34.7% during the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock valued at $8,799,000 after purchasing an additional 5,039 shares during the period. Wealthquest Corp purchased a new stake in Tesla during the 4th quarter valued at $1,035,000. Private Capital Advisors Inc. lifted its holdings in shares of Tesla by 139.3% during the 4th quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock valued at $9,593,000 after buying an additional 12,417 shares during the period. Knights of Columbus Asset Advisors LLC boosted its stake in shares of Tesla by 34.8% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock worth $28,998,000 after buying an additional 16,652 shares during the last quarter. Finally, Canada Post Corp Registered Pension Plan grew its holdings in shares of Tesla by 26.6% in the fourth quarter. Canada Post Corp Registered Pension Plan now owns 70,955 shares of the electric vehicle producer’s stock worth $31,910,000 after acquiring an additional 14,900 shares during the period. Institutional investors own 66.20% of the company’s stock.
Tesla Stock Up 0.3% Shares of NASDAQ TSLA opened at $357.01 on Thursday. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The firm’s 50-day moving average price is $358.71 and its 200-day moving average price is $383.59. The stock has a market capitalization of $1.41 trillion, a price-to-earnings ratio of 330.57, a P/E/G ratio of 17.98 and a beta of 1.84.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.33 earnings per share. On average, equities research analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current fiscal year. Wall Street Analyst Weigh In TSLA has been the topic of a number of recent research reports. Citizens Jmp assumed coverage on Tesla in a report on Thursday, July 9th. They issued a “market perform” rating on the stock. Mizuho set a $450.00 price target on Tesla and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Robert W. Baird set a $475.00 price target on shares of Tesla in a research report on Monday, July 27th. Evercore raised shares of Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. Finally, Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Tesla has an average rating of “Hold” and a consensus price target of $401.74.
Read Our Latest Stock Analysis on TSLA
Insider Buying and Selling In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 insiders.
More Tesla News Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Tesla Company Profile (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.
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Financial Alternatives Inc purchased a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,121 shares of the electric vehicle producer’s stock, valued at approximately $1,313,000. Tesla makes up about 0.6% of Financial Alternatives Inc’s portfolio, making the stock its 17th biggest position.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Marks Group Wealth Management Inc lifted its holdings in shares of Tesla by 1.7% in the fourth quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock valued at $680,000 after purchasing an additional 25 shares in the last quarter. Clear Trail Advisors LLC raised its position in Tesla by 1.6% during the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock valued at $605,000 after buying an additional 25 shares during the period. Peirce Capital Management LLC raised its position in Tesla by 1.5% during the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock valued at $697,000 after buying an additional 25 shares during the period. Brio Consultants LLC lifted its stake in Tesla by 4.7% in the 4th quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer’s stock worth $259,000 after acquiring an additional 26 shares in the last quarter. Finally, Community Bank & Trust Waco Texas boosted its position in Tesla by 1.7% during the 4th quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock worth $711,000 after acquiring an additional 26 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.
Tesla News Roundup Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Tesla Price Performance NASDAQ TSLA opened at $357.01 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $1.41 trillion, a PE ratio of 330.57, a price-to-earnings-growth ratio of 17.98 and a beta of 1.84. The company has a 50 day moving average price of $358.71 and a two-hundred day moving average price of $383.59. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.33 EPS. As a group, equities analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.
Insider Buying and Selling In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.
Analysts Set New Price Targets A number of brokerages have recently weighed in on TSLA. Cantor Fitzgerald reiterated an “overweight” rating and issued a $485.00 target price (down from $510.00) on shares of Tesla in a report on Thursday, July 23rd. Citigroup reaffirmed a “market perform” rating on shares of Tesla in a research report on Monday, August 24th. BTIG Research lowered shares of Tesla to a “neutral” rating in a research note on Friday, June 5th. Truist Financial set a $370.00 target price on shares of Tesla and gave the stock a “hold” rating in a research report on Thursday, July 23rd. Finally, HSBC reissued a “hold” rating on shares of Tesla in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $401.74.
Read Our Latest Stock Report on Tesla
Tesla Company Profile (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.
Featured Stories Five stocks we like better than Tesla Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real? GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
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Fischer Financial Services Inc. purchased a new position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,722 shares of the electric vehicle producer’s stock, valued at approximately $1,145,000.
Several other large investors also recently made changes to their positions in TSLA. Crestwood Advisors Group LLC lifted its holdings 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 valued at $8,799,000 after purchasing an additional 5,039 shares during the last quarter. Wealthquest Corp acquired a new position in shares of Tesla in the fourth quarter valued at $1,035,000. Private Capital Advisors Inc. increased its holdings in shares of Tesla by 139.3% in the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock valued at $9,593,000 after purchasing an additional 12,417 shares during the last quarter. Knights of Columbus Asset Advisors LLC raised its position in shares of Tesla by 34.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock valued at $28,998,000 after purchasing an additional 16,652 shares during the period. Finally, Canada Post Corp Registered Pension Plan lifted its stake in shares of Tesla by 26.6% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 70,955 shares of the electric vehicle producer’s stock worth $31,910,000 after buying an additional 14,900 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.
Analysts Set New Price Targets Several research analysts have weighed in on TSLA shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $500.00 price target on shares of Tesla in a report on Tuesday, July 28th. JPMorgan Chase & Co. reduced their price objective on Tesla from $475.00 to $445.00 and set a “neutral” rating for the company in a report on Thursday, July 23rd. The Goldman Sachs Group initiated coverage on Tesla in a research report on Friday, June 5th. They issued a “buy” rating on the stock. Evercore raised Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. Finally, Mizuho set a $450.00 price target on Tesla and gave the company an “outperform” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $401.74.
Get Our Latest Research Report on Tesla Tesla Stock Up 0.3% TSLA stock opened at $357.01 on Thursday. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The business has a 50-day simple moving average of $358.71 and a 200 day simple moving average of $383.59. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.41 trillion, a PE ratio of 330.57, a price-to-earnings-growth ratio of 17.98 and a beta of 1.84.
Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.33 earnings per share. Sell-side analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current fiscal year.
Tesla News Roundup Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Insider Activity In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.
Tesla Profile (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.
Featured Stories Five stocks we like better than Tesla Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real? GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
Cannon Wealth Management Services LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,592 shares of the electric vehicle producer’s stock, valued at approximately $1,511,000. Tesla comprises approximately 0.8% of Cannon Wealth Management Services LLC’s holdings, making the stock its 23rd largest position.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. MJP Associates Inc. ADV acquired a new position in shares of Tesla in the second quarter worth about $3,133,000. PCM Encore LLC acquired a new stake in Tesla during the 2nd quarter valued at approximately $6,314,000. Altman Advisors Inc. purchased a new stake in Tesla during the 2nd quarter worth approximately $1,507,000. Clay Northam Wealth Management LLC acquired a new position in shares of Tesla in the 2nd quarter valued at approximately $5,224,000. Finally, Vise Technologies Inc. purchased a new position in shares of Tesla during the 2nd quarter valued at approximately $46,819,000. 66.20% of the stock is owned by hedge funds and other institutional investors.
More Tesla News Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Insider Buying and Selling at Tesla In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This trade represents a 10.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by company insiders. Analyst Ratings Changes A number of analysts recently issued reports on the stock. Piper Sandler dropped their price target on shares of Tesla from $500.00 to $450.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Sanford C. Bernstein raised shares of Tesla from an “underperform” rating to an “outperform” rating in a report on Friday, June 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, July 21st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $500.00 price target on shares of Tesla in a research report on Tuesday, July 28th. Finally, Oppenheimer reiterated a “market perform” rating on shares of Tesla in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Tesla currently has an average rating of “Hold” and a consensus target price of $401.74.
Get Our Latest Research Report on Tesla
Tesla Trading Up 0.3% NASDAQ:TSLA opened at $357.01 on Thursday. The firm has a market capitalization of $1.41 trillion, a P/E ratio of 330.57, a P/E/G ratio of 17.98 and a beta of 1.84. The business has a 50 day simple moving average of $358.71 and a 200 day simple moving average of $383.59. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the previous year, the business posted $0.33 earnings per share. The business’s quarterly revenue was up 25.5% compared to the same quarter last year. Equities research analysts predict that Tesla, Inc. will post 0.88 EPS for the current year.
Tesla Company Profile (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.
Featured Stories Five stocks we like better than Tesla Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real? GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
Clay Northam Wealth Management LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,420 shares of the electric vehicle producer’s stock, valued at approximately $5,224,000. Tesla comprises approximately 2.6% of Clay Northam Wealth Management LLC’s portfolio, making the stock its 13th biggest position.
Several other institutional investors also recently added to or reduced their stakes in TSLA. Turning Point Benefit Group Inc. purchased a new position in shares of Tesla during the third quarter worth approximately $30,000. Texas Capital Bancshares Inc TX bought a new stake in Tesla during the 3rd quarter valued at $31,000. Friedenthal Financial lifted its holdings in shares of Tesla by 66.7% in the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after buying an additional 30 shares during the period. Chapman Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter worth $26,000. Finally, Harborfront Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter worth $34,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Tesla Stock Performance TSLA opened at $357.01 on Thursday. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The company has a market cap of $1.41 trillion, a P/E ratio of 330.57, a price-to-earnings-growth ratio of 17.98 and a beta of 1.84. The firm’s 50-day moving average price is $358.71 and its 200-day moving average price is $383.59.
Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter last year, the business earned $0.33 earnings per share. As a group, equities analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current fiscal year. Insider Activity In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.
More Tesla News Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Wall Street Analysts Forecast Growth Several analysts recently weighed in on the company. DZ Bank upgraded Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. UBS Group set a $460.00 price objective on shares of Tesla in a report on Thursday, July 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $500.00 price objective on shares of Tesla in a research note on Tuesday, July 28th. Evercore upgraded Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. Finally, Piper Sandler dropped their target price on Tesla from $500.00 to $450.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, Tesla has a consensus rating of “Hold” and a consensus price target of $401.74.
Check Out Our Latest Stock Analysis on TSLA
Tesla Profile (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.
Featured Stories Five stocks we like better than Tesla Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real? GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
E Fund Management Co. Ltd. acquired a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 102,095 shares of the electric vehicle producer’s stock, valued at approximately $42,941,000. Tesla accounts for 1.0% of E Fund Management Co. Ltd.’s investment portfolio, making the stock its 21st biggest holding.
Several other large investors have also added to or reduced their stakes in TSLA. Turning Point Benefit Group Inc. bought a new position in shares of Tesla during the 3rd quarter worth approximately $30,000. Texas Capital Bancshares Inc TX bought a new stake in shares of Tesla in the 3rd quarter valued at $31,000. Friedenthal Financial lifted its position in shares of Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after acquiring an additional 30 shares during the period. Chapman Financial Group LLC bought a new position in Tesla during the second quarter worth $26,000. Finally, Harborfront Financial Group LLC acquired a new stake in Tesla in the second quarter worth $34,000. Institutional investors and hedge funds own 66.20% of the company’s stock.
Key Tesla News Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Analysts Set New Price Targets Several brokerages have recently weighed in on TSLA. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft set a $420.00 price target on Tesla in a research note on Monday, July 27th. Roth Capital reissued a “buy” rating and issued a $505.00 price objective on shares of Tesla in a research note on Thursday, July 23rd. UBS Group set a $460.00 price objective on Tesla in a report on Thursday, July 23rd. Finally, DZ Bank upgraded Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $401.74. Read Our Latest Stock Report on TSLA
Insider Activity at Tesla In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by corporate insiders.
Tesla Stock Performance NASDAQ TSLA opened at $357.01 on Thursday. The company has a fifty day moving average price of $358.71 and a 200-day moving average price of $383.59. The firm has a market cap of $1.41 trillion, a price-to-earnings ratio of 330.57, a PEG ratio of 17.98 and a beta of 1.84. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. During the same period in the previous year, the business earned $0.33 earnings per share. The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. As a group, equities research analysts predict that Tesla, Inc. will post 0.88 EPS for the current fiscal year.
Tesla Profile (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.
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August Group Capital Ltd purchased a new stake in Tesla, Inc. (NASDAQ: TSLA) in the undefined quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,143 shares of the electric vehicle producer's stock, valued at approximately $1,322,000. Tesla comprises about 1.5% of August Group Capital
CM Wealth Advisors LLC bought a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,827 shares of the electric vehicle producer’s stock, valued at approximately $768,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in TSLA. State Street Corp lifted its holdings in Tesla by 0.9% during the fourth quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock worth $51,647,164,000 after acquiring an additional 1,080,085 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Tesla by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after purchasing an additional 375,946 shares during the period. Norges Bank bought a new position in shares of Tesla during the 4th quarter valued at about $17,128,100,000. Amundi grew its position in shares of Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock valued at $8,243,513,000 after purchasing an additional 2,727,141 shares during the period. Finally, Corient Private Wealth LLC increased its stake in Tesla by 3,205.5% during the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after purchasing an additional 20,810,386 shares in the last quarter. 66.20% of the stock is owned by institutional investors.
Trending Headlines about Tesla Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Tesla Stock Up 0.3% Tesla stock opened at $357.01 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The company’s 50-day moving average is $358.71 and its 200-day moving average is $383.59. The firm has a market capitalization of $1.41 trillion, a PE ratio of 330.57, a P/E/G ratio of 17.98 and a beta of 1.84. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter last year, the business posted $0.33 earnings per share. Sell-side analysts anticipate that Tesla, Inc. will post 0.88 earnings per share for the current year.
Analysts Set New Price Targets A number of brokerages have weighed in on TSLA. Canaccord Genuity Group set a $410.00 price target on shares of Tesla and gave the company a “buy” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. cut their price objective on shares of Tesla from $475.00 to $445.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. Stifel Nicolaus set a $491.00 target price on shares of Tesla and gave the stock a “buy” rating in a research note on Monday, August 3rd. BMO Capital Markets assumed coverage on Tesla in a report on Monday, August 17th. They set an “outperform” rating for the company. Finally, The Goldman Sachs Group began coverage on Tesla in a report on Friday, June 5th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Tesla currently has an average rating of “Hold” and an average target price of $401.74.
Get Our Latest Stock Report on TSLA
Insider Activity In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by insiders.
Tesla Profile (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.
Read More Five stocks we like better than Tesla Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real? GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 17,818 shares of the electric vehicle producer’s stock, valued at approximately $7,494,000.
Other large investors have also recently made changes to their positions in the company. State Street Corp grew its position in Tesla by 0.9% in the 4th quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock worth $51,647,164,000 after purchasing an additional 1,080,085 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Tesla by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock valued at $29,426,070,000 after buying an additional 375,946 shares during the period. Norges Bank purchased a new position in shares of Tesla in the 4th quarter worth $17,128,100,000. Amundi boosted its stake in shares of Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer’s stock worth $8,243,513,000 after buying an additional 2,727,141 shares during the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Tesla by 3,205.5% in the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after acquiring an additional 20,810,386 shares during the period. 66.20% of the stock is currently owned by institutional investors.
Tesla Stock Performance Shares of NASDAQ TSLA opened at $357.01 on Thursday. The stock has a market cap of $1.41 trillion, a PE ratio of 330.57, a price-to-earnings-growth ratio of 17.98 and a beta of 1.84. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The firm has a fifty day moving average price of $358.71 and a 200-day moving average price of $383.59. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same period in the prior year, the company posted $0.33 EPS. The company’s quarterly revenue was up 25.5% on a year-over-year basis. Equities analysts anticipate that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year. Insider Buying and Selling at Tesla In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 currently owned by company insiders.
More Tesla News Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Analysts Set New Price Targets TSLA has been the topic of a number of recent research reports. Glj Research reissued a “sell” rating on shares of Tesla in a report on Tuesday, August 18th. BNP Paribas Exane lowered shares of Tesla from a “hold” rating to an “underperform” rating in a research report on Friday, June 5th. Wells Fargo & Company reiterated an “underweight” rating and issued a $130.00 price objective (up from $125.00) on shares of Tesla in a research note on Tuesday, July 14th. DZ Bank raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, Stifel Nicolaus set a $491.00 target price on shares of Tesla and gave the company a “buy” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Tesla presently has an average rating of “Hold” and an average target price of $401.74.
Read Our Latest Research Report on TSLA
Tesla Profile (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.
Read More Five stocks we like better than Tesla Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real? GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
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Csenge Advisory Group acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 25,528 shares of the electric vehicle producer’s stock, valued at approximately $10,737,000.
A number of other large investors have also added to or reduced their stakes in the company. Marks Group Wealth Management Inc raised its stake in shares of Tesla by 1.7% during the 4th quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock worth $680,000 after acquiring an additional 25 shares in the last quarter. Clear Trail Advisors LLC grew its holdings in Tesla by 1.6% in the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock worth $605,000 after purchasing an additional 25 shares during the last quarter. Peirce Capital Management LLC increased its position in shares of Tesla by 1.5% during the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock worth $697,000 after purchasing an additional 25 shares in the last quarter. Brio Consultants LLC lifted its holdings in shares of Tesla by 4.7% during the 4th quarter. Brio Consultants LLC now owns 575 shares of the electric vehicle producer’s stock valued at $259,000 after purchasing an additional 26 shares during the last quarter. Finally, Community Bank & Trust Waco Texas lifted its holdings in shares of Tesla by 1.7% during the 4th quarter. Community Bank & Trust Waco Texas now owns 1,581 shares of the electric vehicle producer’s stock valued at $711,000 after purchasing an additional 26 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets TSLA has been the topic of several recent analyst reports. Roth Capital reaffirmed a “buy” rating and set a $505.00 target price on shares of Tesla in a research report on Thursday, July 23rd. Oppenheimer restated a “market perform” rating on shares of Tesla in a research note on Thursday, July 23rd. TD Cowen restated a “buy” rating on shares of Tesla in a report on Friday, August 14th. Stifel Nicolaus set a $491.00 target price on shares of Tesla and gave the stock a “buy” rating in a research note on Monday, August 3rd. Finally, Glj Research reissued a “sell” rating on shares of Tesla in a research report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $401.74.
View Our Latest Analysis on Tesla Insider Buying and Selling at Tesla In other news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.
Trending Headlines about Tesla Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Tesla Price Performance Shares of NASDAQ TSLA opened at $357.01 on Thursday. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.41 trillion, a P/E ratio of 330.57, a P/E/G ratio of 17.98 and a beta of 1.84. The business’s 50 day moving average price is $358.71 and its 200 day moving average price is $383.59.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. During the same quarter in the previous year, the firm posted $0.33 earnings per share. The business’s revenue was up 25.5% on a year-over-year basis. On average, sell-side analysts expect that Tesla, Inc. will post 0.88 earnings per share for the current year.
Tesla Profile (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.
Read More Five stocks we like better than Tesla Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real? GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
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Shares in Tesla (TSLA +0.26%) rose by 18.2% in August, according to data from S&P Global Market Intelligence. The move comes as the narrative around the stock, notably its robotaxi rollout, improved throughout the month. And the good news is there's a real possibility of more good news flowing in the future.
Tesla's reset of expectations To be clear, Tesla's second-quarter report released at the end of July wasn't great. A good recovery in electric vehicle (EV) deliveries was accompanied by a strong increase in costs associated with incentivizing sales, robotaxi and Optimus development, commodity costs, and AI initiatives. These costs and an unfavorable EV sales mix (relatively more sales of lower-margin vehicles) led to margin compression.
At the same time, Tesla is ramping capital expenditures, partly to support the ramp in its robotaxi business, and investors are concerned that the rollout isn't progressing as planned.
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A change in narrative for Tesla Narratives matter in investing, and they matter a lot for growth stocks, whose main value-creating events lie ahead. There's a reason why many management teams emphasize underpromising and overdelivering: it often leads to a significant rerating of the stock.
However, in Tesla's case, it's fair to argue that the robotaxi rollout hasn't met the expectations previously laid out by CEO Elon Musk, neither in terms of fleet size nor city deployment. Robotaxis did not cover half the U.S. population by the end of 2025. With only six cities with unsupervised robotaxis (Bay Area robotaxis are supervised) so far in 2026, Tesla looks highly unlikely to be deployed in "dozens of cities, dozens of major cities by the end of the year," as Musk said they would be in January.
That said, it's important to recognize how technologically challenging the rollout is, and the critical need to achieve a level of safety and operational functioning so that its robotaxi, including the dedicated robotaxi, Cybercab, can be scaled. Any scaling of a flawed model will only magnify and increase the absolute number of incidents.
Image source: Tesla.
Moreover, management spent the last two earnings calls redirecting the narrative away from fleet size and city expansions and toward the development of its next major version of full self-driving (FSD) software, v15, and overall miles driven under unsupervised robotaxi operations. All told, the narrative around robotaxis has arguably shifted to focus on v15 and miles driven, rather than fleet size and city deployments.
This change in narrative means it's likely the market will now reward any positive development on robotaxi/Cybercab, and that's exactly what's happened recently.
Positive robotaxi developments Fortunately, Tesla has had good news to report on it lately: Nevada lifted the cap on robotaxi vehicles in Clark County from 10 to 5,000 vehicles in August Tesla announced the launch event for the Cybercab, which just took place. Safety data on unsupervised robotaxis (updated in mid August and current through mid July) arguably show an exemplary safety record, albeit with a relatively small data set compared to Waymo. These events helped raise confidence in Tesla's robotaxi rollout, and with expectations now reset, more positive news flow on robotaxi is likely to be rewarded by the market.
France has begun tests on two cars to better assess Tesla's FSD advanced driver assistance system, French Minister of Transport Philippe Tabarot said, in a move that could bring Europe a step closer to approval of Elon Musk's autonomous driving technology.
Netherlands road authority RDW approved Tesla's Full Self Driving system for use on Dutch roads on a provisional basis in April, prompting Belgium, Denmark, Estonia and Lithuania to do the same in advance of a bloc-wide vote on the plan that could take place as early as next month.
FSD is a driver assistance system that can accelerate, brake, and steer a car while its human driver remains ready to intervene, but does not effectuate a fully self-driving car.
In July, Tabarot had said the safety trade-offs were not yet sufficient to justify authorisation, specifically in areas of speed limitation and driver attention warnings.
In a post on X late on Tuesday, the minister said he had had "a constructive exchange" with Musk regarding the technology after working closely with Tesla for several months on technical adaptations needed for France to support its approval.
"With the provision of two vehicles equipped with FSD by Tesla, we are now entering a new phase: that of on-road testing," he said.
France wants to do its own tests to verify the data provided by the Netherlands and Tesla, and to test the system on French roads, said a transport ministry source. It is aiming to have test results in mid to late September, to be in a position to vote on a decision by the bloc in coming months.
A vote could take place next month or early December, said the source, adding that he expected Tesla to be open to addressing their concerns, allowing the technology to be approved in Europe.
Bell & Brown Wealth Advisors LLC purchased a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 20,941 shares of the electric vehicle producer’s stock, valued at approximately $8,808,000. Tesla makes up about 2.7% of Bell & Brown Wealth Advisors LLC’s investment portfolio, making the stock its 11th biggest position.
Several other hedge funds have also recently bought and sold shares of TSLA. Strategic Advisory Partners LLC acquired a new stake in shares of Tesla in the second quarter worth about $232,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Tesla in the second quarter worth $7,494,000. Portland Financial Advisors Inc bought a new stake in shares of Tesla during the 2nd quarter worth $204,000. United Bank bought a new position in Tesla in the 2nd quarter worth $638,000. Finally, Uptick Partners LLC acquired a new position in Tesla during the 2nd quarter worth $3,041,000. 66.20% of the stock is owned by institutional investors and hedge funds.
Tesla Stock Performance NASDAQ TSLA opened at $357.01 on Thursday. The company has a 50 day moving average of $358.71 and a 200-day moving average of $383.59. 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 firm has a market cap of $1.41 trillion, a price-to-earnings ratio of 330.57, a PEG ratio of 17.98 and a beta of 1.84. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 earnings per share. On average, equities analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year. Insider Buying and Selling In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the sale, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.
Wall Street Analyst Weigh In TSLA has been the subject of several recent analyst reports. Erste Group Bank upgraded Tesla from a “sell” rating to a “hold” rating in a research note on Friday, June 5th. Roth Capital reiterated a “buy” rating and set a $505.00 target price on shares of Tesla in a research note on Thursday, July 23rd. Truist Financial set a $370.00 price target on shares of Tesla and gave the stock a “hold” rating in a research report on Thursday, July 23rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, July 21st. Finally, Wells Fargo & Company reissued an “underweight” rating and set a $130.00 price objective (up from $125.00) on shares of Tesla in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $401.74.
Read Our Latest Stock Analysis on TSLA
Tesla News Roundup Here are the key news stories impacting Tesla this week:
Positive Sentiment: Cybercab and robotaxi optimism: Tesla has registered 45 purpose-built Cybercabs in Texas, adding credibility to its planned autonomous ride-hailing rollout. Investors are looking for evidence that the vehicle can scale commercially and generate high-margin software or mobility revenue. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Potential energy-business tailwind: New U.S. power-grid policy restricting certain Chinese equipment could benefit Tesla’s energy-storage operations, providing an additional growth avenue beyond vehicles. Tesla stock investors stand to gain from U.S. power grid Positive Sentiment: Commercial vehicle opportunity: Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and 500 by 2027, giving investors a clearer timeline for a potentially meaningful commercial-vehicle business. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Neutral Sentiment: Event expectations are elevated: Morgan Stanley maintained a Hold rating and a $400 price target, warning that a limited initial Cybercab fleet could trigger a selloff. The event must demonstrate more than a prototype—particularly safety, regulatory progress, production capacity and a credible launch schedule. Tesla Cybercab Momentum Balanced by Execution Risks Negative Sentiment: Sales momentum is uneven: China-made EV sales rose only 3.6% year over year in August, sharply slower than July. European registrations were mixed, with major declines in markets including Norway, Sweden, Spain and Portugal despite strong gains in France and Denmark. Tesla’s China-made EV sales extend growth streak, but momentum fades Negative Sentiment: Autonomy and valuation concerns remain: A reported fatal Illinois crash has renewed scrutiny of Tesla’s FSD technology, while Waymo and Zoox are expanding robotaxi services. Analysts and commentators also question whether Tesla’s roughly $1.4 trillion valuation is justified given pressured margins, slowing growth and a PE ratio above 300. Tesla’s FSD Faces Fresh Scrutiny After Fatal Illinois Crash Negative Sentiment: Solar retrenchment: Tesla stopped taking Solar Roof orders and has not reported solar deployment figures since late 2023, reinforcing concerns that some non-automotive initiatives are being deprioritized. Tesla Stopped Reporting Solar Numbers 10 Quarters Ago Tesla Profile (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.
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Tesla (TSLA.O) will unveil its two-seater Cybercab at an event in Texas on Thursday, offering a closer look at the autonomous vehicle that CEO Elon Musk has said is key to transforming the company into a dominant force in driverless vehicles.
The electric-vehicle maker has a limited "robotaxi" ridehailing service with a network of autonomous Model Ys, some with human safety monitors and some without. Over time, it intends to make the no-steering-wheel Cybercab the main driverless vehicle model operating within a larger robotaxi network.
Apart from christening it the "Cybercab Launch Event", Tesla has given few details on the convention. Cybercab engineer Eric Earley on X said the event would begin at 5:45 pm ET on Thursday in downtown Austin and that details would follow for those invited.
Musk has promised for years that driverless Teslas are imminent, including at a similar Cybercab unveiling in October 2024 at a Los Angeles-area movie studio, but Tesla's robotaxi rollout has fallen short of his targets, and some analysts in recent months have flagged the slower-than-expected growth.
Since launching a small pilot in Austin, Texas, in June 2025, Tesla has expanded its robotaxi service to a handful of other cities in Texas and Florida. Service is often limited to outlying areas that are simpler to navigate than urban centers.
Analysts and investors see driverless vehicles as key to Tesla's future and a central underpinning of its $1.4 trillion market value, far higher than any other automaker. Tesla's core electric-vehicle business faces intense pressure from global competition, particularly Chinese EV makers.
Musk has said the Cybercab will eventually be Tesla's largest-volume vehicle, supplying a global network of robotaxis and allowing individual owners to add or remove their vehicles from a Tesla-managed driverless ride-hailing fleet when they are not using the cars. Tesla said production began in April 2026, though Musk cautioned in April that initial production "will be very slow."
It is unclear how quickly Tesla will be able to deploy the vehicles.
Federal regulations limit the number of vehicles any manufacturer can sell without a steering wheel and pedals. Manufacturers can deploy an unlimited number of such vehicles for testing, but that would limit Tesla's ability to collect fares.
In California, a key market, Tesla does not have permits to operate a robotaxi service or to test driverless vehicles without a safety driver who can take over in the front seat.
In July 2025, Musk said the company's robotaxi network would expand at a "hyper-exponential rate" and be available to half the population of the U.S. by the end of 2025.
Those predictions didn't pan out, and Musk and his executives have struck a more cautious tone in recent months, saying the company is taking a careful approach to avoid injuries or fatalities.
Reuters tested out the robotaxi service in the weeks after the Dallas and Houston launches earlier this year and found long wait times, with sometimes no availability at all.
On three occasions when a reporter managed to get a ride in Dallas, the robotaxi wouldn't drop him at his downtown destination within Tesla's advertised service area. Each time, it left him about a 15-minute walk away.
Tesla had 420 autonomous vehicles registered in Texas as of Wednesday evening, according to state records, including 45 Cybercab vehicles. Earlier on Wednesday, state records showed Tesla had registered 314 vehicles. Alphabet's Waymo, the current U.S. leader in driverless taxis, has 988 vehicles registered in the state.
Bloomberg just labeled the Cybertruck the biggest flop in automotive history, and Range Rover is about to roll out its own six-figure electric vehicle into the same skeptical market. What separates a bold luxury launch from an expensive cautionary tale…
When the first Tesla Cybertrucks rolled out of Gigafactory Texas on November 30, 2023, the top trim available was the Foundation Series Cyberbeast, a tri-motor pickup priced at $119,990. Nearly three years later, Bloomberg would call the vehicle the biggest flop in automotive history, a characterization 24/7 Wall St. covered on July 27, 2026 as Tesla shares fell sharply. That framing now sits over the launch of another six-figure electric vehicle: the Range Rover Electric, which Jaguar Land Rover is bringing to the U.S. at a starting price of $138,000, according to Automotive News.
Cybertruck Pricing Story Was Never a Straight Line
When Elon Musk unveiled the concept in 2019, he promised a dual-motor all-wheel drive starting at $49,900 and a tri-motor at $69,900, according to 24/7 Wall St.. Neither price ever shipped. The Foundation Series, capped at the first 1,000 reservation holders, opened with the Cyberbeast at $119,990 and a dual-motor AWD at $99,990, a $20,000 premium over standard trims, according to 24/7 Wall St.. That program ended in October 2024 after 11 months, and standard trim pricing settled lower.
Then it moved the other way. Reuters reported that on August 25, 2026, Tesla (NASDAQ:TSLA | TSLA Price Prediction) raised prices on the dual motor and premium all-wheel drive by $5,000, to $74,990 and $84,990 respectively. As 24/7 Wall St. noted, the base model now sits just below $75,000 and the top-of-the-line at $100,000. Prices came down, then went back up, into weak demand.
Sales Are the Strongest Evidence
Cox Automotive puts Cybertruck sales at 38,965 units in 2024, falling 48.1% to 20,237 in 2025, with first-quarter sales this year at 3,519 units. Edmunds has said the truck has “proven more adept at grabbing headlines than market share,” citing build quality and pricing. The pain is not unique to Tesla. Ford (NYSE:F) discontinued the F-150 Lightning, and 24/7 Wall St. notes Rivian (NASDAQ:RIVN) delivered 12,194 vehicles across all models in the second quarter, with the R1T pickup starting just below $80,000. Premium electric pickups have been a hard sell.
What Range Rover Is Actually Selling
The Range Rover Electric is an SUV, not a pickup, so the comparison is one of premium EV launches rather than vehicle category. Jaguar Land Rover cites a 117 kWh battery, a dual-motor AWD system producing a combined 542 hp and 627 lb-ft of torque, and marketing that leans on quieter, more responsive driving. It is the first of three planned Range Rover EVs, with a Sport Electric expected in late 2026 or early 2027.
Range Rover carries decades of luxury and off-road heritage. The Cybertruck arrived as a form factor with no predecessor and no established buyer expectation to meet. Pricing discipline is the real test. Whether JLR holds $138,000 as inventory builds and incentives creep in will say more than any launch-week reception, according to Automotive News.
There are costs to the electric transition even for the established name. Versus the gas Range Rover, ground clearance drops roughly 10%, the breakover angle falls from 27 degrees to 23 degrees, and towing capacity is down 28.5%, to 2.5 tons. JLR itself pushed the Range Rover Electric from a 2025 target into 2026. The luxury EV rollout has been bumpier than automakers projected across the board, and $138,000 is a price that will have to be defended, not merely announced, according to Automotive News.
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Avaii Wealth Management LLC purchased a new position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 28,528 shares of the electric vehicle producer’s stock, valued at approximately $11,999,000. Tesla comprises about 3.5% of Avaii Wealth Management LLC’s portfolio, making the stock its 8th biggest position.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank bought a new position in Tesla in the fourth quarter valued at $17,128,100,000. Corient Private Wealth LLC lifted its position in Tesla by 3,205.5% during the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after buying an additional 20,810,386 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Tesla during the 2nd quarter worth about $6,083,630,000. Deutsche Bank AG acquired a new position in shares of Tesla during the 2nd quarter worth about $4,039,090,000. Finally, Bank of America Corp DE grew its holdings in shares of Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after acquiring an additional 7,450,766 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Tesla In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.
Tesla Stock Down 3.2% TSLA stock opened at $356.09 on Wednesday. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The business’s 50 day simple moving average is $359.08 and its 200 day simple moving average is $384.01. 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 firm has a market capitalization of $1.41 trillion, a PE ratio of 329.72, a PEG ratio of 18.58 and a beta of 1.84. Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. During the same period in the prior year, the business earned $0.33 EPS. The company’s revenue for the quarter was up 25.5% compared to the same quarter last year. As a group, research analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.
More Tesla News Here are the key news stories impacting Tesla this week:
Positive Sentiment: Tesla’s planned Cybercab launch in Austin on September 3 remains the primary bullish catalyst. Texas records show a fleet of 45 purpose-built Cybercabs, alongside 269 Model Ys, suggesting Tesla is moving from concept demonstrations toward an operating robotaxi service. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Tesla said its supervised Full Self-Driving system recorded 4.1 times fewer collisions than manually driven Tesla vehicles across five European countries. The data is intended to support broader European approval, which could expand FSD and future autonomous-driving revenue. Tesla touts European supervised self-driving safety data ahead of EU vote Positive Sentiment: Freight operator Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and all 500 trucks in its order by 2027. The timetable provides a clearer commercial-use case for Tesla’s heavy-duty EV program. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Positive Sentiment: A U.S. policy aimed at securing the power grid may benefit Tesla’s energy-storage business, giving investors another potential growth avenue beyond vehicles and robotics. Tesla stock investors stand to gain from U.S. power grid Neutral Sentiment: August European registrations were mixed: France rose 279% and Denmark 104%, while Norway fell 79% and Portugal declined 36.5% despite overall light-EV registrations growing there. The uneven results reinforce uncertainty around Tesla’s demand trajectory. Tesla’s European registrations mixed in August Neutral Sentiment: Tesla raised U.S. Cybertruck prices by $5,000, potentially supporting revenue per vehicle and margins, but the reversal of earlier price cuts also raises questions about demand elasticity. Negative Sentiment: Investors appear to be taking profits and reassessing whether Cybercab can justify Tesla’s roughly $1.4 trillion valuation. The stock’s elevated valuation leaves limited room for disappointment, while analysts continue to cite margin pressure and weak cash-flow trends. Negative Sentiment: Waymo is challenging Tesla’s “pure end-to-end” autonomy approach, arguing that a sensor mix is necessary for safety. Competition and regulatory scrutiny could slow Tesla’s robotaxi rollout. Waymo goes on offense ahead of Tesla’s Cybercab launch Negative Sentiment: An Australian court may grant an independent expert access to Tesla’s internal engineering systems in an Autopilot-related class action, adding legal and disclosure risk. Australian judge floats giving court-appointed expert access to Tesla’s engineering systems Analyst Upgrades and Downgrades Several analysts recently issued reports on the company. Morgan Stanley dropped their target price on Tesla from $417.00 to $400.00 and set an “equal weight” rating on the stock in a report on Thursday, July 23rd. Stifel Nicolaus set a $491.00 price target on Tesla and gave the company a “buy” rating in a research note on Monday, August 3rd. Citigroup reaffirmed a “market perform” rating on shares of Tesla in a research report on Monday, August 24th. Canaccord Genuity Group set a $410.00 price objective on Tesla and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, BTIG Research downgraded Tesla to a “neutral” rating in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, nineteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $401.74.
Get Our Latest Stock Report on TSLA
Tesla Company Profile (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 Five stocks we like better than Tesla Dutch Bros Sell-Off Creates a Growth Opportunity NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat Is Abercrombie & Fitch’s Hot Streak Just Getting Started? Medtronic’s Stars Are Aligning for a Price Recovery Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
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Artemis Wealth Advisors LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,000 shares of the electric vehicle producer’s stock, valued at approximately $2,903,000. Tesla accounts for approximately 0.3% of Artemis Wealth Advisors LLC’s investment portfolio, making the stock its 23rd largest position.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TSLA. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the second quarter worth about $26,000. Friedenthal Financial lifted its holdings in Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after buying an additional 30 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in Tesla in the 3rd quarter valued at approximately $30,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Tesla in the third quarter worth $31,000. Finally, Harborfront Financial Group LLC acquired a new position in shares of Tesla in the second quarter worth $34,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Analyst Ratings Changes A number of research firms have issued reports on TSLA. The Goldman Sachs Group assumed coverage on Tesla in a research report on Friday, June 5th. They issued a “buy” rating on the stock. JPMorgan Chase & Co. decreased their price target on shares of Tesla from $475.00 to $445.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $500.00 price objective on shares of Tesla in a research report on Tuesday, July 28th. Glj Research restated a “sell” rating on shares of Tesla in a research note on Tuesday, August 18th. Finally, BTIG Research lowered Tesla to a “neutral” rating in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, nineteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $401.74.
View Our Latest Report on TSLA Insider Transactions at Tesla In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.
Trending Headlines about Tesla Here are the key news stories impacting Tesla this week:
Positive Sentiment: Tesla’s planned Cybercab launch in Austin on September 3 remains the primary bullish catalyst. Texas records show a fleet of 45 purpose-built Cybercabs, alongside 269 Model Ys, suggesting Tesla is moving from concept demonstrations toward an operating robotaxi service. Tesla’s Cybercab Fleet Hits 45 Ahead of Austin Launch Positive Sentiment: Tesla said its supervised Full Self-Driving system recorded 4.1 times fewer collisions than manually driven Tesla vehicles across five European countries. The data is intended to support broader European approval, which could expand FSD and future autonomous-driving revenue. Tesla touts European supervised self-driving safety data ahead of EU vote Positive Sentiment: Freight operator Einride plans to deploy at least 75 Tesla Semi trucks in 2026 and all 500 trucks in its order by 2027. The timetable provides a clearer commercial-use case for Tesla’s heavy-duty EV program. Tesla Gets First 2026 Delivery Timeline For Landmark 500 Semi Order Positive Sentiment: A U.S. policy aimed at securing the power grid may benefit Tesla’s energy-storage business, giving investors another potential growth avenue beyond vehicles and robotics. Tesla stock investors stand to gain from U.S. power grid Neutral Sentiment: August European registrations were mixed: France rose 279% and Denmark 104%, while Norway fell 79% and Portugal declined 36.5% despite overall light-EV registrations growing there. The uneven results reinforce uncertainty around Tesla’s demand trajectory. Tesla’s European registrations mixed in August Neutral Sentiment: Tesla raised U.S. Cybertruck prices by $5,000, potentially supporting revenue per vehicle and margins, but the reversal of earlier price cuts also raises questions about demand elasticity. Negative Sentiment: Investors appear to be taking profits and reassessing whether Cybercab can justify Tesla’s roughly $1.4 trillion valuation. The stock’s elevated valuation leaves limited room for disappointment, while analysts continue to cite margin pressure and weak cash-flow trends. Negative Sentiment: Waymo is challenging Tesla’s “pure end-to-end” autonomy approach, arguing that a sensor mix is necessary for safety. Competition and regulatory scrutiny could slow Tesla’s robotaxi rollout. Waymo goes on offense ahead of Tesla’s Cybercab launch Negative Sentiment: An Australian court may grant an independent expert access to Tesla’s internal engineering systems in an Autopilot-related class action, adding legal and disclosure risk. Australian judge floats giving court-appointed expert access to Tesla’s engineering systems Tesla Price Performance Shares of NASDAQ:TSLA opened at $356.09 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The company has a 50-day simple moving average of $359.08 and a 200-day simple moving average of $384.01. The stock has a market capitalization of $1.41 trillion, a price-to-earnings ratio of 329.72, a PEG ratio of 18.58 and a beta of 1.84.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same quarter last year, the firm earned $0.33 EPS. The business’s revenue was up 25.5% on a year-over-year basis. On average, analysts predict that Tesla, Inc. will post 0.88 EPS for the current year.
Tesla Company Profile (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.
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Tesla has cratered while its Magnificent 7 peers race to pour nearly a trillion dollars into AI infrastructure, raising a pointed question about whether a car company truly belongs in an elite club defined by transformative technology.
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The Mag7 has performed poorly this year. Only three of its companies have outperformed the S&P 500. These are Apple (NASDAQ: AAPL | AAPL Price Prediction), up 17%; Nvidia (NASDAQ: NVDA), up 16%; and Amazon (NASDAQ: AMZN), up 15%. One stock has cratered. Tesla (NASDAQ: TSLA) is down 22%. And it is really a car and not a tech company. It shouldn’t be in the group. The group should be the Mag6
It is easy to argue that the rest of the companies are pure tech plays, each deep into building its own version of AI. Each has investments today and larger investments tomorrow into AI data centers. Across the group, including OpenAI and Anthropic, the construction figure is nearing $1 trillion next year and is expected to rise for the foreseeable future.
Tesla makes cars. If people want to invest in Elon Musk’s foray into AI, they should invest in SpaceX (NASDAQ: SPCX), which has its xAI division.
During the most recently reported quarter, Tesla produced over 450,000 vehicles and delivered over 480,000. Its revenue was $28.4 billion. Of that, $20.5 billion was automotive. $3.1 billion came from energy generation and storage.
Tesla would like to trade as an AI company, but little evidence suggests it is one. Its autonomous car business, using its own cars, has not been approved for full autonomy. Its “Full Self-Driving” system still requires driver supervision.
Tesla’s Robotaxi has been approved for testing in a few cities. Whether its safety features will match public expectations is uncertain. Local authorities will also need to approve it.
The Optimus robot program is in its infancy. Elon Musk says hundreds of millions of these will be operating around the world in ten years. Many robotics experts have questioned that.
Tesla isn’t a tech company and should not be part of the Mag7.
Contact [email protected] for any questions or corrections.
The Future Fund Managing Partner Gary Black warns investors that Tesla Inc.’s (NASDAQ:TSLA) massive valuation offers a reason to “not own it,” but he firmly cautions that it is “not a reason to short it.”
A Warning Against Shorting a ‘Visionary’ Automaker – TeslaWhile Black emphasized TSLA’s “significant manufacturing cost advantage,” he argued that betting against the automaker run by a “visionary leader who is a magnet for engineering talent” is a dangerous game, anchoring his view on a core market rule: “Never short a great company that sells at an expensive valuation.”
He described it as a “great company with best-in-class technology” that capitalizes on “key secular megatrends” to maintain a true first-mover advantage.
Extended Valuation Offers Reason to ‘Not Own It’Despite praising Tesla’s business model, Black acknowledges the stock is currently priced at a massive premium. According to Benzinga Pro data, Tesla carries a Forward P/E of 149.25, compared to an industry average of 25.75—meaning it trades roughly 5.79 times higher than legacy peers like Toyota Motor Corp. (NYSE:TM) and General Motors Co. (NYSE:GM).
Black highlighted this aggressive pricing, noting Tesla “trades at an extended valuation.”
Citing a multiple, according to his personal analysis, Black said that TSLA trades at “220x forward earnings vs +35% long-term earnings growth,” which “gives investors reason to not own it, but not a reason to short it.”
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Better Alternatives for Short SellersInstead of taking a short position in a market leader, Black suggested investors look elsewhere for downside market bets.
Trending
“There are plenty of bad companies that have weak products or competitive positions, can’t leverage key secular megatrends, have non-compelling brands, a high cost manufacturing structure, or management teams that can’t execute that I can short instead,” said Black.
In June, Famed “Big Short” investor Michael Burry weighed in on the challenges of short selling, arguing that identifying market excesses is often easier than profiting from their eventual decline.
How Has Tesla Performed in 2026?Price Action: TSLA stock climbed about 0.22% in premarket trading on Wednesday. The stock has fallen about 20.82% year-to-date, and has declined around 11.7% over the last six months. It closed 3.22% lower at $356.09 per share on Tuesday.
Benzinga’s Edge Stock Rankings indicate that TSLA maintains a weak price trend in the short, long, and medium terms, with a poor value score.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
While Elon Musk's electric vehicle (EV) maker, Tesla (NASDAQ: TSLA), appears to have successfully built up hype among its fans for the Thursday, September 3, ‘Cybercab' event, Wall Street seemingly remains relatively unfazed.
Tesla is about to hold a launch event for the Cybercab, which doesn’t have pedals or a steering wheel
Tesla investors are gearing up for the company’s cybercab launch event, with experts split over whether it will be a huge deal or merely symbolic.
The company is expected to announce that it will begin deploying the custom robotaxi vehicles on its ride-hailing service. That would mark a first for Tesla TSLA, which has been using its Model Y electric SUVs to ferry customers since it began operating a robotaxi service in Austin, Texas, in June 2025.
Tesla's (TSLA.O) China-made electric vehicle sales slowed to a gain of 3.6% year-on-year in August, down sharply from the prior month, as divergent trends persisted across the U.S. automaker's major markets.
Sales of Model 3 and Model Y vehicles from its Shanghai factory, including exports to Europe, Asia Pacific and Canada, rose to 86,166 units from the year earlier, marking the 10th straight month of growth.
That's a sharp slowdown from a 38% year-on-year rise in July though, data from the China Passenger Car Association showed on Wednesday.
On a month-on-month basis, sales fell 7.9%.
August registration data highlighted diverging fortunes for Tesla across Europe, with strong increases in France and Denmark contrasting with weaker sales in Norway, Spain, Sweden, Portugal and Italy.
The U.S. automaker is grappling with intensifying competition in China, where home-grown rivals are introducing more affordable, feature-rich EVs, while pushing deeper into overseas markets to offset weak demand domestically.
BYD (002594.SZ), , Tesla's largest Chinese rival, generated more revenue overseas than in China for the first time in the first half.
Likewise, exports accounted for more than half of the vehicles produced at Tesla's Chinese factory in the second quarter, also a first. Tesla's share of China's battery EV market shrank to 6.6% in the second quarter from a peak of more than 15% in 2020.
The U.S. EV specialist is also navigating China's growing influence over automotive safety rules, following a record recall announced in late August that involved Tesla alongside several Chinese carmakers.
Electrek reports FSD was engaged during the crash Summary
The accident involved a Tesla Model YThe report adds to scrutiny around Tesla’s driver-assistance technology
Tesla Inc. (TSLA, Financials) gets another tough question about Full Self-Driving after a study tied the technology to a deadly accident in Illinois.
Electrek has uncovered a crash involving a Tesla Model Y that killed a mother of five in March, which was purportedly running Full Self-Driving at the time.
Seeking Alpha cited the results of the probe along with a police report from Batavia, Ill. The report on its own does not prove that FSD caused the crash.
That's an important difference because Tesla's Full Self-Driving system remains a supervised driver-assistance device, meaning the driver must monitor the vehicle at all times and take over when needed.
Still, the alleged engagement shines extra emphasis on the technology at a time when autonomy has been more and more vital to Tesla's investment story.
The business has long contended that advances in its software and artificial intelligence (AI) systems might one day make its massive vehicle fleet a crucial platform for autonomous driving.
This means fatal crashes involving vehicles being operated with FSD could have repercussions far beyond the individual crash, particularly if they receive further regulatory or legal scrutiny.
Investors will now await official conclusions into what transpired and whether Tesla's driver-assistance technology had any involvement.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Tesla just posted record deliveries while its margins cratered, and BYD keeps selling millions of cars to a stock market that barely notices. Only one of these EV giants is actually set up for a bigger move from here.
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Tesla (NASDAQ: TSLA | TSLA Price Prediction) and BYD (OTC: BYDDF) just closed another earnings cycle on very different footing. Tesla posted record Q2 2026 deliveries of 480,126 vehicles but watched margins buckle. BYD, the volume king of global new-energy vehicles, keeps grinding out cars while its stock quietly drifts. One of these names is priced for a rebound. The other is already staging one.
Record Deliveries Meet A Margin Squeeze Tesla’s $28.24 billion in revenue beat the Street, yet non-GAAP EPS of $0.33 missed by 38.51%. Operating margin collapsed to 1.4% as operating expenses jumped 47% year over year.
CFO Vaibhav Taneja told investors Tesla exited the quarter with “our largest order backlog since 2023“, and Elon Musk called Model Y “the best-selling car of any kind in the world”. That is the paradox: demand is strong, but each car earns less.
BYD has been the opposite story. Its dual-track Dynasty and Ocean series, plus premium Yangwang and Denza brands, keep expanding across Europe, Southeast Asia, and Latin America.
DM 5.0 plug-in hybrids let BYD dodge range-anxiety pushback in emerging markets, while Blade Battery costs stay among the industry’s lowest. Volume is the moat.
Business Driver Tesla BYD Main Growth Engine FSD, Robotaxi, energy storage PHEV volume, overseas expansion Q2 Deliveries 480,126 Multi-million annual pace (BEV + PHEV) Margin Direction Compressing Stable, price-war pressured Software Bets Versus Steel And Batteries Tesla is spending like an AI company. Capex more than doubled to $5.789 billion, free cash flow flipped to negative $1.092 billion, and management guided full-year capex above $25 billion.
Musk framed the tradeoff bluntly: “It’s okay to be a little less capital efficient if we get things done sooner.” FSD attach rates topped 55% of new North American deliveries, and active subscriptions hit 1.48 million. Robotaxi now runs in seven U.S. metros.
Lens Tesla BYD Core Bet Autonomy and AI monetization Lowest-cost global EV maker Valuation Signal Forward P/E of 182 Single-digit forward multiple typical Key Vulnerability Capex burn, FSD approval pace China price war, tariffs abroad BYD’s bet is manufacturing physics. Vertical integration on cells, semiconductors, and drivetrains keeps unit costs down while Chinese price competition rages. There is no Robotaxi vision, no humanoid robot, no Optimus factory. That simplicity is why BYD trades like an industrial company.
Next Catalysts Will Decide The Comeback For Tesla, I am watching whether Cybercab ramp and Optimus production narrow the gap between spending and profit. Robotaxi miles growing “more than 10% a week” is impressive, but the market wants margin recovery. TSLA is up 18.23% over the past month, hinting sentiment already turned.
For BYD, the swing factor is overseas share. European tariffs and softer Chinese pricing have pulled shares down 18.72% over the past year.
Why I Think BYD Has The Bigger Comeback Setup Tesla is executing, but the stock already carries an analyst target of $390.09 against a current $367.95. Most of the near-term rebound is priced in.
BYD looks like the more asymmetric setup to me. Deliveries keep climbing, valuation stays modest, and expectations are low after a 8.79% year-to-date drop.
For investors focused on autonomy optionality who can stomach margin volatility, Tesla offers that exposure. For those tracking a battered global EV leader with cleaner economics and room for multiple expansion, BYD screens as the more asymmetric setup based on current data.
Contact [email protected] for any questions or corrections.
On the face of it, Tesla's (TSLA -3.22%) recent earnings report was a cause for concern. Soaring operating expenses and capital expenditures are eating into earnings and cash flow in 2026, and there are plenty of declining operating metrics that bears can point to make their case for the stock. Still, is the weakness in the headline numbers a reason for concern?
Tesla's second-quarter earnings report surprised investors. The revenue line wasn't a surprise, as the market had already been prepared by the excellent electric vehicle (EV) delivery numbers released in early July. However, its growth wasn't matched by comparable earnings performance.
Image source: Tesla.
The reason comes from surging operating expenses driven by ramping research and development, "including preproduction ramp costs for new products like the Semi truck, Optimus, Cybercab, and other AI initiatives, as well as the appreciation for an additional compute that we brought online," according to CFO Vaibhav Taneja on the earnings call.
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As readers already know, there was also pressure on the cost of goods sold as the cost of providing attractive financing to induce EV sales increased costs, and Tesla had an unfavorable sales mix.
Moreover, Taneja expects Tesla's operating expenses "to continue to grow in 2026 and beyond," just as he expects the more than $25 billion in capital spending in 2026 to increase over the next two to three years as Tesla expands robotaxi rollout and Optimus production capacity.
Tesla
Q2 2025
Q2 2026
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Revenue
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$28,236 million
25.5%
Gross Profit
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$4,751 million
22.5%
Operating Expenses
$2,955 million
$4,353 million
47.3%
Operating Income
$923 million
$398 million
(56.9%)
Data source: Tesla presentations.
What it means to investors Rising operating expenses and capital spending threaten Tesla's margin performance, and at a time when EV industry sales haven't met the expectations most investors had just a few years ago. It's certainly nowhere near helping Tesla reach the 50% annual growth figure Musk discussed in early 2021.
But here's the thing: The worries about slowing growth and margin pressure on its current business will disappear if Tesla's robotaxi business takes off.
Tesla has never been just a car company The ultimate aim and logical denouement of the EV industry is autonomy, and specifically, robotaxis. EVs are more expensive up front than internal combustion engine (ICE) vehicles, but have significantly better cost-per-mile metrics. The best way to realize the full value of EVs is to run them more, and autonomous robotaxis are the ideal solution.
There's a reason why Ford, General Motors, Alphabet's Waymo, and many others have spent billions trying to develop autonomy/robotaxis, and none has, as yet, pronounced a commercially viable service. That's the space Tesla hopes to expand into by ramping up its robotaxi business. There's also a reason Tesla bulls, like Ark Invest, expect 88% of the company's value to come from its robotaxi in 2029.
Image source: Getty Images.
The good news is that Tesla is making progress on its Cybercab/robotaxi program, with Cybercab set to launch in early September. Tesla continues to develop the versions of full self-driving that it believes its robotaxis will ultimately run on, and robotaxis are demonstrating excellent safety data so far in 2026.
All told, slowing growth will only be a major concern if Tesla's robotaxi rollout experiences further delays due to the reset expectations set by Tesla's management. The risk in the EV business is rising, but it's arguably going down in the robotaxi business, and the latter matters more for the stock.
Tesla (TSLA.O) is set to hold an event for its purpose-built robotaxi Cybercab in Austin, Texas, on Thursday, amid much fanfare, as well as questions about regulatory hurdles and safety of the technology.
Here are some details:
The Cybercab is a two-seater with butterfly doors and no steering wheel or pedals and is Tesla's first vehicle designed purely for autonomy. Some test versions on U.S. streets have been spotted with steering wheels.
The vehicle was unveiled about two years ago at Warner Bros studio and is expected to be added to Tesla's nascent robotaxi fleet. CEO Elon Musk said it would eventually be available for $30,000. He has described self-driving technology as one of the keys to Tesla's future business.
Tesla offered riders of its current robotaxi fleet based on its Model Y a chance to join a "Cybercab Launch Event", but it has given no details about what kind of launch is planned. Tesla has been marketing the event as "Exclusive Access: Cybercab" in posts on X and has sent out invites to select guests, according to some user posts.
Tesla has not announced a time for the event. Tesla usually livestreams major events, but it has not officially confirmed whether it will do so on Thursday.
Tesla started producing some Cybercabs in April and has been testing the vehicle on public roads.
The Information reported last month that Tesla told staff it plans to begin the rollout by offering rides to its employees on public roads and then incorporate Cybercabs into its robotaxi service in Austin a few days later.
Tesla has not said whether it has received regulatory approval or if it has determined it complies with federal safety norms to operate the service commercially.
Tesla's so-called Full Self-Driving (FSD) technology that requires constant human supervision has faced multiple federal investigations and lawsuits following collisions and traffic violations. A version of FSD that does not require supervision runs Cybercabs.
Tesla has said FSD is already up to 10 times safer than human drivers.
Tesla (TSLA -3.22%) has ended the Solar Roof, according to reporting from Electrek. The company stopped taking orders for the glass solar tiles as of Aug. 20, told its network of certified installers it will no longer supply the product, and redirected the Solar Roof page on its website to conventional solar panels.
The product Tesla unveiled in October 2016 was pitched as the reinvention of the roof -- shingles that generate power while looking better than ordinary tiles. CEO Elon Musk put a number on the ambition. "I'm confident that, let's say, within the next, I don't know, year or -- maybe even by end of year, we should be installing at a rate of 1,000 a week," Musk said on Tesla's first-quarter 2020 earnings call.
For a company that rarely retreats in public, the shutdown is unusual. So what does it say about the energy business that investors in the growth stock actually own?
Image source: Getty Images.
The economics never workedThe Solar Roof's problem seems to have been less about demand for the idea than about the economics of the product. Tesla marketed the tiles as costing less than a new roof plus traditional solar panels, but real quotes ran far higher. TechCrunch reported quotes reaching $200,000 for a single installation. And in 2021, Tesla sharply raised prices, in some cases on customers who had already signed contracts. The tiles were unique to the Solar Roof system, too, requiring custom manufacturing equipment whose cost per unit climbed as volumes disappointed.
Those volumes showed up in Tesla's own quarterly updates, which reported the solar business as one combined line (megawatts of solar deployed, panels and tiles together). By the fourth quarter of 2023, that figure had shrunk to 41 megawatts, down 59% year over year and lower for a fourth straight quarter.
Even more telling: Electrek reported, citing a source close to the program, that Tesla internally concluded the product is not financially viable. Tesla itself hasn't publicly explained the decision, and the company could say more when it next reports results, likely in October.
The energy business never needed itFor shareholders, the Solar Roof's death says very little about the electric vehicle maker's energy segment, because the segment's growth was never coming from it.
In the second quarter of 2026, Tesla's energy generation and storage revenue rose 13% year over year to about $3.1 billion, or about 11% of the company's total revenue. In its quarterly filing, the company attributed the increase to higher Megapack deployments (the utility-scale batteries), partially offset by lower Megapack prices and a decline in Powerwall deployments.
Whatever the mix, the volumes keep building. Tesla deployed 13.5 gigawatt-hours of energy storage in the second quarter, its second-best quarter ever on that measure.
Solar, meanwhile, has disappeared from Tesla's reporting altogether. The 41 megawatts deployed in the fourth quarter of 2023 turned out to be the last solar deployment figure the company has disclosed to date. The line item vanished from Tesla's first-quarter 2024 update, and 10 straight quarterly updates have now gone by without one.
Storage gets a deployment figure every quarter. Solar gets none.
That doesn't mean Tesla is done with solar. The company began manufacturing a new retrofit solar panel in 2025, according to its quarterly filing. And in July it applied for Texas tax incentives on a proposed $10.1 billion solar cell factory, with commercial operations targeted for 2029. The energy pitch still centers on storage, though, with Megapack, the newer Megablock, and a new Megafactory under construction near Houston.
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The shutdown looks like disciplineThe decision looks like discipline to me, and arguably overdue discipline. Tesla kept the Solar Roof alive for nearly a decade after unveiling it, through pricing resets and production experiments, while the product that actually scaled (the Megapack) drove the segment's most recent growth and helped push its revenue to about $3.1 billion a quarter.
Killing a product this publicly associated with the company's image, and with Musk's own promises for it, is not a small step. But it could free up resources for the parts of the energy business that have proven they can grow.
There is a risk worth acknowledging, though. The energy segment's growth rate has cooled to 13%, Powerwall deployments are falling, and Megapack prices are coming down. Storage is a competitive business, and it now carries the whole segment -- for a company whose stock still costs more than 150 times next year's expected earnings.
The Solar Roof was supposed to make every rooftop a Tesla product. More than six years after Musk said Tesla should be installing 1,000 a week, the company is moving on. Judged by where the energy segment's money comes from, it arguably should have moved on sooner.
August data showed gains in France and Denmark against declines in five markets Summary
Tesla registrations were mixed across Europe in August, with cheaper pricing and rising EV adoption supporting the strongest markets.
Tesla TSLA fell 3.02% intraday as August registration data across Europe came in split. Registrations, a proxy for sales, rose 279% in France and 104% in Denmark from a year earlier, according to French industry body PFA and Danish data platform bilstatistik.dk. They fell 79% in Norway and Spain, 41% in Sweden, 37% in Portugal and 36% in Italy.
Rico Luman, senior economist at ING Research, tied the French and Danish gains to rising EV adoption and Tesla's cheaper pricing, calling it "a remarkable surge" given how much the model range has widened and the role Chinese entrants now play. Schmidt Automotive's Matthias Schmidt said the Norwegian decline likely reflects tough comparisons, with buyers having pulled purchases forward ahead of a fiscal policy change at the end of 2025.
European sales have recovered this year after two consecutive annual declines, helped by easier comparisons, higher fuel prices, government incentives and broader interest in electric cars. Registration figures from Britain and Germany, the region's two largest markets, are due later this week.
Disclosures I am/we currently own positions in the stocks mentioned, and have NO plans to sell some or all of the positions in the stocks mentioned over the next 72 hours.
I keep hearing people say they want to own Tesla (TSLA -3.22%) stock but are waiting for a better price, and I understand the instinct, because the stock has swung between $297.38 to $498.83 over the past year. The problem is that Tesla is already 30% off its high while deliveries grew 25% and energy storage jumped 40%, so the discount everyone is waiting for may already be here.
Tesla is down roughly 17% over the past four weeks, and I think that pullback is the entry point rather than a reason to wait for a deeper one.
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Where the stock sits Tesla trades today roughly 25% below its 52-week high, and about 23% above its 52-week low. Over the past 12 months, the stock has risen by 9.5%, meaning a year of operational progress has produced half the average price appreciation of the S&P 500, which is up by about 19%. Tesla's forward price-to-earnings ratio sits near 207, with a trailing multiple of about 340, so nobody is buying the stock based on its current earnings math. If you're buying it at all, you're doing so based on your view of what the company is building.
Image source: Getty Images.
Second-quarter deliveries hit 480,126 electric vehicles (EVs), up 25% year over year, compared with 451,758 vehicles produced. The energy storage business deployed 13.5 GWh of capacity in the quarter, up 40% from 9.6 GWh in the prior-year quarter and up 53% from the 8.8 GWh it deployed in 2026's first quarter. It was Tesla's second-largest quarterly increase in storage ever, behind only the 14.2 GWh it added in the fourth quarter of 2025. Cumulative deployments now exceed 132 GWh since 2016, with 22.3 GWh in the first half of 2026 alone.
Tesla's network of Powerwalls -- rechargeable home batteries that store electricity for later use, including during power outages -- supported more than 89,000 virtual power plant events across over 1 million installed units, saving homeowners more than $1 billion on electricity bills. Megapack 3 and Megablock production are starting at Megafactory Houston this year.
Why the next few weeks matter Tesla will unveil the production version of the Cybercab at a launch event on Sept. 3 in Austin. Pilot production started in February at Gigafactory Texas, and by July, hundreds of units had been spotted near the plant. The production specs are public: a 48-kWh battery, a single-motor setup producing 219 horsepower, roughly 293 miles of EPA range, no steering wheel or pedals, and a target price of $30,000. Tesla's stated annual goal is to produce 2 million Cybercabs per year at full design capacity across multiple factories.
Mass production of the Optimus Gen 3 robot began at the company's Fremont factory on Jan. 21, with roughly 300 units in Tesla factories running in a learning phase, and a planned $20,000 to $30,000 target price at scale. Tesla ended production of the Model S and Model X at Fremont this spring, specifically to free up capacity to manufacture the robots.
How I would actually buy it First, a risk to consider: Tesla pulled its production volume guidance for the Cybertruck, Semi, and Megapack 3 from 2026 in its second-quarter letter, and removed the language on Optimus volume production entirely. Its capital expenditures will run to $25 billion this year, about three times historical levels. The more than doubled its on-site compute capacity in Texas in the first half of 2026 and is targeting nearly 400 MW by year's end. That spending is compressing Tesla's near-term margins.
Position sizing will do more work for you than entry timing here. For a stock with this type of volatility profile, I cap the size of my equity allocation to 2% to 5% of my portfolio, then build my position with gradual purchases on a set schedule rather than by making a single lump-sum buy. Tesla pays no dividend, so every dollar of return on this investment will depend on how it executes on its Cybercab, Optimus, and energy storage plans. If those land, waiting to buy until the stock dips by another 20% dip from its current $365 could look like a costly error.
