Tesla (NASDAQ:TSLA) Stock Price Down 1.5% - Here's Why
- by lulegacy
- Feb 27, 2026
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Key Points
TSLA fell 1.5% on Friday to $402.51 with about 56.5 million shares traded, roughly 8% below its average daily volume.
Newsflow is mixed: positives include potential FSD approval in Europe, plans to build Cybercab/Optimus and bring the Semi to Europe, and a Megapack win in Brazil, while negatives — notably Tesla suing the California DMV over Autopilot/FSD claims, key executive departures, and zero robotaxi test miles/permits — raise regulatory and execution uncertainties.
Analysts are divided but the consensus rating is Hold with a $408.09 average price target, though firm views vary widely (JPMorgan recently cut its target to $145 and flagged an "underweight"). MarketBeat Week in Review – 02/16 - 02/20
Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business's revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 EPS. On average, analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year.
Insider Activity at Tesla
In related news, CFO Vaibhav Taneja sold 2,637 shares of the firm's stock in a transaction on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the transaction, the chief financial officer directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares of the company's stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Tesla
Institutional investors have recently added to or reduced their stakes in the stock. Instrumental Wealth LLC grew its stake in shares of Tesla by 2.6% in the 4th quarter. Instrumental Wealth LLC now owns 1,658 shares of the electric vehicle producer's stock valued at $746,000 after purchasing an additional 42 shares during the period. Mishpacha Holdings Corp bought a new position in shares of Tesla during the fourth quarter valued at $5,264,000. Anchor Investment Management LLC boosted its stake in shares of Tesla by 6.2% in the 4th quarter. Anchor Investment Management LLC now owns 9,521 shares of the electric vehicle producer's stock valued at $4,282,000 after purchasing an additional 553 shares in the last quarter. TD Capital Management LLC grew its holdings in shares of Tesla by 9.0% in the 4th quarter. TD Capital Management LLC now owns 1,556 shares of the electric vehicle producer's stock worth $700,000 after purchasing an additional 128 shares during the last quarter. Finally, BDFS Capital LLC acquired a new stake in shares of Tesla during the 4th quarter worth about $265,000. 66.20% of the stock is owned by institutional investors and hedge funds.
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