In Tuesday’s Wall Street session, Tesla Inc (NASDAQ:TSLA) shares traded at $354.11, down -0.49% from the previous session.
TSLA stock price is now -11.91% away from the 50-day moving average and 29.66% away from the 200-day moving average. The market capitalization of the company currently stands at $1139.00B.
With the price target of $475, The Benchmark Company recently initiated with Buy rating for Tesla Inc (NASDAQ: TSLA). On January 22, 2025, Wedbush reiterated its ‘Outperform’ rating on the stock by increasing its target price from $515 to quote $550, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Musk Kimbal, Director sold 75,000 shares of the company’s stock on Feb 06 ’25. The stock was sold for $27,590,619 at an average price of $367.87. Upon completion of the transaction, the Director now directly owns 1,463,220 shares in the company, valued at $518.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 06 ’25, Director KIMBAL J MUSK bought 75,000 shares of the business’s stock. A total of $27,590,648 was incurred on buying the stock at an average price of $367.88. A total of 12.94% of the company’s stock is owned by insiders.
During the past 12 months, Tesla Inc has had a low of $138.80 and a high of $488.54. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 2.02, and a quick ratio of 1.61.
The net profit margin was 7.30% and return on equity was 10.52% for TSLA. The company reported revenue of $25.71 billion for the quarter, compared to $25.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.15 percent. For the current quarter, analysts expect TSLA to generate $23.98B in revenue.
