Tesla (NASDAQ:TSLA) Price Target Cut to $123.00 by Analysts at HSBC

Tesla (NASDAQ:TSLA) had its target price decreased by HSBC from $127.00 to $123.00 in a research note issued to investors on Thursday,MarketScreener reports.

Several other brokerages have also recently issued reports on TSLA. Stifel Nicolaus set a $508.00 price objective on shares of Tesla in a research note on Thursday, January 29th. BNP Paribas Exane lowered their price objective on shares of Tesla from $313.00 to $280.00 and set an “underperform” rating on the stock in a research note on Monday, March 2nd. New Street Research raised their target price on shares of Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Jefferies Financial Group reiterated a “neutral” rating on shares of Tesla in a report on Wednesday. Finally, Tigress Financial started coverage on shares of Tesla in a report on Thursday, February 12th. They issued a “buy” rating and a $550.00 target price for the company. Eighteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and eight have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $398.45.

Tesla Price Performance

Shares of TSLA stock traded down $1.03 during midday trading on Thursday, reaching $372.69. 18,806,000 shares of the company were exchanged, compared to its average volume of 62,961,297. Tesla has a 12 month low of $259.63 and a 12 month high of $498.83. The company has a market cap of $1.40 trillion, a P/E ratio of 342.85, a PEG ratio of 12.25 and a beta of 1.91. The company’s 50 day moving average price is $386.76 and its two-hundred day moving average price is $421.29. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.96%. Tesla’s revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS. On average, sell-side analysts expect that Tesla will post 1.37 earnings per share for the current year.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla 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 trade represents a 43.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 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.

Institutional Trading of Tesla

Institutional investors have recently added to or reduced their stakes in the business. Networth Advisors LLC acquired a new stake in Tesla in the fourth quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new stake in Tesla in the second quarter valued at approximately $26,000. Davidson Capital Management Inc. lifted its stake in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after acquiring an additional 27 shares during the last quarter. Friedenthal Financial raised its position in shares of Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after purchasing an additional 30 shares during the period. Finally, Manning & Napier Advisors LLC bought a new position in shares of Tesla in the third quarter valued at approximately $29,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 beat on EPS and surprise positive free cash flow gives near-term support to TSLA; investors point to profitability resilience despite softer vehicle demand. Tesla reports surprise positive free cash flow
• Positive Sentiment: Elon Musk says Tesla has begun pilot production of Cybercab robotaxis and shared video of an occupant-less vehicle — a tangible milestone for the autonomy/robotaxi narrative that supports longer-term upside. Elon Musk says Tesla has started producing cybecabs
• Positive Sentiment: Tesla’s share in California new?car registrations jumped to ~56% in Q1 — a sign the company still holds market strength in its largest U.S. EV market. Tesla’s California market share soars to 56% in Q1 2026
• Positive Sentiment: Intel/Tesla Terafab disclosure (plans to use Intel’s 14A process) reduces some chip?supply uncertainty for Tesla’s in?house AI chip ambitions and helped chip partners rally. Elon Musk lays out Terafab AI chip project plan
• Neutral Sentiment: Next?gen A15 AI chip tape?out clears a technical milestone for Tesla’s compute roadmap, but manufacturing and scale remain the bigger near?term questions. This Is What Tesla Inc. (TSLA) A15 Chip Tape-out Means
• Neutral Sentiment: Analysts are split: some firms (TD Cowen, Cantor, Canaccord) reiterated/upgraded ratings and raised targets, while others stuck to neutral or trimmed targets — providing both support and friction in the stock. Benzinga coverage of analyst moves
• Negative Sentiment: Tesla warned it will spend more than $25 billion this year on AI, chips and robotics — investors fear a sharp capex ramp will push cash flow negative for 2026 and compress near?term returns. That announcement has been the primary sell catalyst since the earnings call. Tesla’s $25 billion spending plan tests investor faith
• Negative Sentiment: Musk acknowledged older HW3 vehicles won’t achieve unsupervised FSD without upgrades — a costly retrofit promise for owners and a reputational/headline risk for Tesla. Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving’
• Negative Sentiment: Timelines for robotaxi / Optimus commercialization were softened or removed in the Q1 filing and call; analysts warned rollout is slower than hoped — increasing execution risk versus the premium valuation. Musk sounds cautious tone on robotaxis amid slower-than-expected rollout
• Negative Sentiment: A brief, vague SEC?filed ~ $2B AI/hardware acquisition disclosure (no company named) added uncertainty about what Tesla bought and its near?term impact on financials. Tesla slips one-sentence disclosure of a mysterious $2 billion AI hardware acquisition

Tesla Company Profile

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean?energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery?electric vehicles and related services.