Tesla (NASDAQ:TSLA) Trading Down 2.2% - Here's What Happened
- by lulegacy
- Feb 05, 2026
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Key Points
Shares fell 2.2% to about $397 on Thursday with volume up ~11% (71M shares); Tesla still trades at a rich valuation with a market cap near $1.49T and a P/E around 368.
News flow is mixed: bullish catalysts include a large robotaxi revenue projection, Cathie Wood/ARK buying, and a ~9% y/y rise in China-made deliveries, while headwinds include intensifying competition (Volkswagen, BYD), new battery tech from CATL, and analyst downgrades.
Insiders have been net sellers (≈119K shares, ~$53.5M in the last 90 days) and analysts' consensus is a Hold with an average price target near $403.92, signaling muted near-term sentiment. Mag 7 Outlook: What Apple, Microsoft, Meta, and Tesla Just Told Us
Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion for the quarter, compared to analysts' expectations of $24.75 billion. During the same quarter last year, the company earned $0.73 EPS. The business's revenue was down 3.1% on a year-over-year basis. Research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year.
Insider Transactions at Tesla
In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the transaction, the director owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the business's stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer owned 13,757 shares of the company's stock, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 119,457 shares of company stock valued at $53,501,145 in the last ninety days. 19.90% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Tesla
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Relyea Zuckerberg Hanson LLC increased its stake in Tesla by 0.4% during the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer's stock worth $2,916,000 after buying an additional 23 shares in the last quarter. Equita Financial Network Inc. boosted its stake in shares of Tesla by 2.8% in the third quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock worth $380,000 after acquiring an additional 23 shares during the last quarter. VanderPol Investments L.L.C. raised its stake in Tesla by 2.2% in the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock valued at $464,000 after purchasing an additional 23 shares during the last quarter. Resonant Capital Advisors LLC raised its stake in Tesla by 0.3% in the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock valued at $3,814,000 after purchasing an additional 23 shares during the last quarter. Finally, Cloud Capital Management LLC lifted its holdings in Tesla by 1.1% in the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock valued at $923,000 after purchasing an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock.
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