Tesla (NASDAQ:TSLA) Price Target Lowered to $475.00 at Royal Bank Of Canada

Tesla (NASDAQ:TSLA) had its price target cut by equities researchers at Royal Bank Of Canada from $480.00 to $475.00 in a note issued to investors on Thursday,MarketScreener reports. The brokerage currently has an “outperform” rating on the electric vehicle producer’s stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 27.00% from the company’s current price.

Several other brokerages also recently weighed in on TSLA. UBS Group raised Tesla from a “sell” rating to a “neutral” rating and set a $352.00 target price for the company in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reduced their price target on Tesla from $480.00 to $465.00 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Wells Fargo & Company decreased their price target on Tesla from $130.00 to $125.00 and set an “underweight” rating for the company in a report on Thursday, January 29th. Bank of America started coverage on shares of Tesla in a research note on Wednesday, March 4th. They set a “buy” rating and a $460.00 price objective on the stock. Finally, Morgan Stanley set a $415.00 target price on shares of Tesla and gave the stock an “equal weight” rating in a research report on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $396.29.

Tesla Price Performance

TSLA opened at $374.01 on Thursday. Tesla has a 52-week low of $249.20 and a 52-week high of $498.83. The company has a 50 day moving average of $387.63 and a two-hundred day moving average of $421.62. The company has a market cap of $1.40 trillion, a P/E ratio of 346.30, a P/E/G ratio of 12.22 and a beta of 1.91. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last posted its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. During the same quarter in the previous year, the business posted $0.27 EPS. The business’s quarterly revenue was up 15.8% on a year-over-year basis. On average, analysts expect that Tesla will post 1.37 earnings per share for the current year.

Insider Activity

In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction dated Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the sale, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,804 shares of company stock valued at $20,865,598 in the last three months. Insiders own 19.90% of the company’s stock.

Institutional Investors Weigh In On Tesla

A number of institutional investors have recently made changes to their positions in the company. Networth Advisors LLC acquired a new position in Tesla in the fourth quarter worth $26,000. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the second quarter worth $26,000. Davidson Capital Management Inc. lifted its position in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after buying an additional 27 shares during the last quarter. Friedenthal Financial boosted 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 valued at $28,000 after buying an additional 30 shares during the period. Finally, Manning & Napier Advisors LLC bought a new stake in shares of Tesla during the 3rd quarter valued at about $29,000. 66.20% of the stock is currently owned by institutional investors.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 profit beat and cash surprise — Adjusted EPS beat estimates ($0.41) and Tesla reported positive free cash flow for the quarter, giving near?term earnings credibility. Business Wire: Q1 Results
• Positive Sentiment: Software & services traction — Full Self?Driving (supervised) subscriptions and “services & other” revenue showed meaningful growth, supporting higher?margin recurring revenue potential. TechCrunch: FSD subscription growth
• Neutral Sentiment: Robotaxi & Optimus progress — Tesla expanded robotaxi service and reiterated Optimus timelines (v3 unveiling mid?summer). These are long?dated optionality items that can justify valuation but remain uncertain in near term. Earnings Call Transcript
• Neutral Sentiment: Stable crypto position — Tesla retained ~ $895M in Bitcoin on its balance sheet, limiting a forced-sale risk but leaving exposure to crypto mark?to?market swings. Yahoo: Bitcoin holdings
• Negative Sentiment: Massive capex raise ($20–25B+) — Musk told investors 2026 capex will jump into the $20B+–$25B range for AI, chips, Terafab and robotics; management expects cash flow to turn negative for the rest of 2026. That guidance spooked investors and is the primary reason shares reversed gains. Reuters: $25B spending plan
• Negative Sentiment: Hardware & upgrade disclosures — Management acknowledged cars with HW3 won’t support fully unsupervised FSD without upgrades, implying additional costs and slower monetization of autonomy for existing owners. Benzinga: HW3 limitation
• Negative Sentiment: Revenue vs. deliveries mix and inventory — Q1 revenue slightly missed some estimates and deliveries lagged expectations, leaving concerns about demand momentum and inventory build?up. Reuters: revenue miss

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.