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Tesla (TSLA) Stock Price, News & Analysis

+1.42 (+0.56%)
(As of 07/8/2024 ET)
Today's Range
50-Day Range
52-Week Range
156.96 million shs
Average Volume
82.89 million shs
Market Capitalization
$806.68 billion
P/E Ratio
Dividend Yield
Price Target

Tesla MarketRank™ Stock Analysis

Analyst Rating
2.18 Rating Score
23.8% Downside
$192.71 Price Target
Short Interest
3.30% of Shares Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.56mentions of Tesla in the last 14 days
Based on 185 Articles This Week
Insider Trading
Selling Shares
$17.44 M Sold Last Quarter
Proj. Earnings Growth
From $1.86 to $2.58 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.39 out of 5 stars

Auto/Tires/Trucks Sector

19th out of 79 stocks

Motor Vehicles & Car Bodies Industry

3rd out of 27 stocks

TSLA stock logo

About Tesla Stock (NASDAQ:TSLA)

Tesla, Inc. is the world's leading manufacturer of electric vehicles. With more than 26% of the market share in 2022, the company's leadership position is all but assured for the coming decade if not longer. While specifically an EV manufacturer, however, the company is also engaged in many related and unrelated ventures that could produce significant results for shareholders.

Tesla, Inc. was first incorporated in 2003 in California as Tesla Motors, Inc but later changed its name. Founded by Martin Eberhard and Marc Terpening, Elon Musk became the company's largest shareholder in 2006 and then its CEO in 2008. Tesla went public via IPO in 2010 making it the first American automobile company to do so since Ford back in 1956. The company reached a half million in annual vehicle sales in 2020 and crossed over the 1 million mark in 2022.

Under Musk's guidance, the company was reborn and moved away from the high-end sports-car segment and into a line of cars geared toward a larger audience. The first model, the Roadster, was soon eclipsed by the Model S which is the top-selling plug-in EV car to this day. Follow-on models include the Model X SUV in 2015, the Model 3 sedan in 2017, and the Model Y crossover in 2020.

Tesla, Inc.'s name change came in 2017 shortly after then and current CEO Elon Musk agreed to acquire SolarCity and expand the company's product line. Tesla is now headquartered in Austin, Texas, and operates global manufacturing capacity through a network of Gigafactories. The company has 5 Gigafactories in key locations around the world with a 6th planned. The Gigafactories are noteworthy for multiple reasons including their size, end-to-end production capability, and non-reliance on grid-supplied power.

Tesla's automobile segment designs, develops, manufactures, leases, and sells electric vehicles in the U.S., Europe, Asia, and internationally. This segment offers a line of luxury Ev s equipped with industry-leading features. The company also generates revenue by selling excess EV credits to the business at large. The Energy Generation and Storage segment designs, manufactures, sells, and installs, solar energy generation and energy storage products for residential, commercial, and industrial customers as well as electric utilities.

One of Tesla's related products is the Tesla Powerwall and Tesla Powerpack battery packs. The Powerwall and Powerpack are stationary lithium-ion battery packs for home or industrial use. The power packs can store solar or other green-generated powers for later use or backup power in emergency situations. This segment of the business was merged with Solarcity to form the Energy Generation and Storage segment. Among the many technologies worked on by the company are self-driving/autonomous vehicles, AI, and glass along with EV motors and batteries.

TSLA Stock Price History

TSLA Stock News Headlines

Imagine showing two white dice, one with one black dot, one with six black dots, on a sheet of paper listing Global investments
What Makes These 7 Stocks Magnificent?
Coined by Bank of America's chief investment strategist Michael Hartnett, the Magnificent 7 is a group of seven technology companies known for their significant market capitalization and impact on global markets. The Magnificent 7 currently includes e-commerce giants and Alphabet, consumer tech providers Apple and Microsoft, EV leader Tesla, semiconductor manufacturer NVIDIA, and social media powerhouse Meta.
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Top 3 Summer Stocks with Solid Growth Opportunities
The summer season often brings heightened economic activity, making it a favorable period for investors to focus on building a growth-oriented portfolio. Growth investing typically centers on companies with the potential for rapid earnings growth.
The only way to play the AI boom?
A new AI profit window is opening. But I believe if you want to take advantage of this next wave of AI … You have to do something very few people will have the courage to do.
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Top 3 Summer Stocks with Solid Growth Opportunities (TSLA)
Summer often brings increased economic activity, creating opportunities for investors interested in growth stocks.
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Forget NVIDIA: Super Micro Computer Stock Leads in Momentum (TSLA)
Super Micro Computer stock is now looking to beat Nvidia at its own game, Wall Street analysts agree that there is double-digit upside in the stock's future
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Is Rivian Stock on the Verge of a 100% Rally? (TSLA)
While the EV industry is hurting from a dip in demand, those who believe in its long-term potential would do well to take note of Rivian's valuation today.
Financial markets news icon
MarketBeat Week in Review – 6/24 - 6/28 (TSLA)
A benign reading on inflation may keep the stock market rally going as traders and investors get a break with a holiday-shortened week before earnings season
Tesla logo on car
Tesla Stock's Comeback Rally Has Officially Started
It's been a funny year for investors and shares of Tesla Inc. NASDAQ: TSLA. This year, it has broken its long track record of delivering outperformance even when the broader market is rallying—and broken well.
The only way to play the AI boom?
A new AI profit window is opening. But I believe if you want to take advantage of this next wave of AI … You have to do something very few people will have the courage to do.
Tesla logo on car
Tesla Stock's Comeback Rally Has Officially Started (TSLA)
Since hitting a 52 week low in the aftermath of that report, Tesla shares have only gone up, tacking on more than 40% in the past two months.
Tesla logo sign
Tesla Stock: The Pay Package Battle and Its Impact on Investors
Tesla NASDAQ: TSLA stock has been on a roller coaster ride recently, experiencing a notable decline of nearly 30% in one-year performance. While various factors contribute to this volatility, one key element driving uncertainty is the ongoing legal battle surrounding CEO Elon Musk's $56 billion pay package.
Tesla logo sign
Tesla Stock: The Pay Package Battle and Its Impact on Investors
Tesla's stock faces volatility as a legal battle over Elon Musk's pay package raises concerns about company direction and investor confidence.
Tesla: Is Valuation A Blind Spot For Investors?
Tesla shares extend rally for eighth consecutive day
Tesla (NASDAQ:TSLA) Trading Down 0.1%
Tesla: A Strong Buy Despite The Massive Rally
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Motor vehicles & car bodies
Automobile Manufacturers
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
34 Analysts


Net Income
$15.00 billion
Pretax Margin


Sales & Book Value

Annual Sales
$96.77 billion
Cash Flow
$4.34 per share
Book Value
$19.90 per share


Outstanding Shares
Free Float
Market Cap
$806.68 billion

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Should I Buy Tesla Stock? TSLA Pros and Cons Explained


Here are some ways that investors could benefit from investing in Tesla:

  • Tesla stock is currently trading at $251.52, showing a 2.1% increase, indicating positive market sentiment.
  • Tesla's innovative approach to electric vehicles and energy systems has positioned the company as a leader in the sustainable energy sector, offering long-term growth potential.
  • Recent insider transactions, such as Director Robyn M. Denholm selling shares, could indicate confidence in the company's future performance.
  • Institutional investors and hedge funds have been increasing their stakes in Tesla, reflecting growing confidence in the company's financial outlook.
  • Analyst estimates suggest that Tesla may post 1.86 earnings per share for the current fiscal year, potentially attracting investors seeking profitability.


Investors should be bearish about investing in Tesla for these reasons:

  • Analysts have issued multiple sell ratings on Tesla stock, indicating concerns about the company's performance and valuation.
  • Revenue for the recent quarter fell short of analyst estimates, raising questions about Tesla's ability to meet market expectations.
  • The average target price for Tesla stock is $192.71, suggesting potential downside risk based on current market valuations.
  • Despite positive insider activity, the overall percentage of company stock owned by insiders is relatively high at 20.90%, potentially impacting market dynamics.
  • While Tesla has shown innovation, the competitive landscape in the electric vehicle industry is intensifying, posing challenges for sustained growth and market share.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Tesla pros and cons to

TSLA Stock Analysis - Frequently Asked Questions

How have TSLA shares performed this year?

Tesla's stock was trading at $248.48 at the beginning of 2024. Since then, TSLA shares have increased by 1.8% and is now trading at $252.94.
View the best growth stocks for 2024 here

How were Tesla's earnings last quarter?

Tesla, Inc. (NASDAQ:TSLA) issued its quarterly earnings data on Tuesday, April, 23rd. The electric vehicle producer reported $0.35 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.35. The electric vehicle producer earned $21.30 billion during the quarter, compared to analyst estimates of $22.15 billion. Tesla had a trailing twelve-month return on equity of 13.18% and a net margin of 14.37%.

When did Tesla's stock split?

Tesla shares split before market open on Thursday, August 25th 2022. The 3-1 split was announced on Thursday, August 25th 2022. The newly created shares were payable to shareholders after the closing bell on Thursday, August 25th 2022. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Elon Musk's approval rating as Tesla's CEO?

2,063 employees have rated Tesla Chief Executive Officer Elon Musk on Elon Musk has an approval rating of 79% among the company's employees.

Does Tesla have any subsidiaries?

Tesla subsidiaries include these companies: Springpower, ATW Automation, Hibar Systems, DeepScale, Maxwell Technologies, Perbix, Grohmann Engineering, and others.

Who are Tesla's major shareholders?

Tesla's top institutional shareholders include DNB Asset Management AS (0.02%), Everence Capital Management Inc., Massmutual Trust Co. FSB ADV and Centre Asset Management LLC. Insiders that own company stock include Elon Musk, Kimbal Musk, Zachary Kirkhorn, Vaibhav Taneja, Xiaotong Zhu, Andrew D Baglino, Robyn M Denholm, Kathleen Wilson-Thompson and Ira Matthew Ehrenpreis.
View institutional ownership trends

How do I buy shares of Tesla?

Shares of TSLA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Tesla own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tesla investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Advanced Micro Devices (AMD), Walt Disney (DIS), Micron Technology (MU) and Boeing (BA).

This page (NASDAQ:TSLA) was last updated on 7/9/2024 by Staff

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