Tesla (NASDAQ:TSLA) Given New $538.00 Price Target at Robert W. Baird

Tesla (NASDAQ:TSLA) had its target price cut by Robert W. Baird from $548.00 to $538.00 in a report published on Thursday morning,MarketScreener reports. They currently have an outperform rating on the electric vehicle producer’s stock.

TSLA has been the topic of a number of other research reports. Canaccord Genuity Group lowered their price objective on shares of Tesla from $520.00 to $420.00 and set a “buy” rating on the stock in a research report on Tuesday. William Blair reissued a “market perform” rating on shares of Tesla in a report on Friday, January 2nd. Barclays reiterated a “neutral” rating on shares of Tesla in a research report on Wednesday, March 4th. Glj Research reaffirmed a “sell” rating on shares of Tesla in a report on Monday. Finally, China Renaissance increased their price objective on shares of Tesla from $380.00 to $382.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $402.61.

Tesla Trading Down 5.4%

Tesla stock opened at $360.59 on Thursday. Tesla has a one year low of $214.25 and a one year high of $498.83. The business’s fifty day moving average is $402.83 and its 200 day moving average is $427.85. The stock has a market capitalization of $1.35 trillion, a PE ratio of 333.88, a price-to-earnings-growth ratio of 11.31 and a beta of 1.91. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77.

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

Insiders Place Their Bets

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

Hedge Funds Weigh In On Tesla

Hedge funds have recently bought and sold shares of the business. Narwhal Capital Management boosted its stake in Tesla by 32.8% during the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock worth $4,232,000 after buying an additional 2,350 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of Tesla by 29.6% in the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock valued at $14,487,000 after buying an additional 7,446 shares during the period. China Universal Asset Management Co. Ltd. increased its stake in Tesla by 8.8% during the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock worth $21,571,000 after buying an additional 3,935 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in Tesla by 26.0% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock valued at $8,019,000 after buying an additional 3,724 shares during the period. Finally, Nations Financial Group Inc. IA ADV increased its position in shares of Tesla by 20.0% during the third quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer’s stock worth $7,367,000 after acquiring an additional 2,765 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China demand showing improvement — China?made EV sales rose ~8.7% in March, suggesting recovery in Tesla’s largest market that could stabilize revenue. Tesla’s China-made EV sales rise 8.7% in March — Reuters
• Positive Sentiment: Tesla continues to deploy energy storage (company reported 8.8 GWh in Q1), supporting its diversification beyond cars and a long?term revenue stream. Tesla First Quarter 2026 Production, Deliveries & Deployments — BusinessWire
• Positive Sentiment: Geographic expansion: Tesla is ramping up stores and service infrastructure in Japan to chase the top imported?car spot — a market push that could boost near?term sales if execution holds. Tesla eyes Japan’s top imported-car spot — Reuters
• Neutral Sentiment: FSD / AI narrative remains a longer?term upside: FSD v14.3 is in employee beta and broader rollouts could re?accelerate monetization if safety/approval progress continues. Is Tesla’s FSD v14.3 Ready for a Wider Rollout? — Zacks
• Neutral Sentiment: SpaceX IPO / Musk?ecosystem narratives are resurfacing; these are sentiment drivers rather than immediate earnings catalysts but can amplify volatility. Valuation to the Moon? SpaceX Gears Up for IPO — MarketBeat
• Negative Sentiment: Delivery miss: Q1 deliveries of ~358,000 missed Street expectations (~365–372k), the principal near?term catalyst for the share decline as investors feared waning end?market demand. Tesla’s first-quarter deliveries miss estimates — Reuters
• Negative Sentiment: Inventory build: Tesla produced ~408k vehicles but delivered ~358k, creating a ~50k gap that raises concerns about slowing demand, potential discounts and margin pressure. Tesla production vs deliveries — BusinessWire
• Negative Sentiment: Energy storage deployment fell short of some expectations (reported 8.8 GWh vs higher Street forecasts), magnifying worries that both core EV and energy businesses are underperforming. Delivery shortfall and energy storage disappointment — Blockonomi
• Negative Sentiment: Analyst cuts, competition and insider selling: a few sell/hold reiterations and visible insider sales (director Kathleen Wilson?Thompson) plus BYD’s strong export growth are pressuring sentiment and amplify downside risk. GLJ maintains sell rating on Tesla — Yahoo Finance Tesla director sold $9.27M in stock — InsiderTrades BYD nearly matches Tesla’s exports — Benzinga

About Tesla

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.