GLJ Research Rates Tesla (TSLA) Sell, $24.86 Price Target

GLJ Research reiterated its Sell rating on Tesla, Inc. TSLA and kept its price target at $24.86 on October 22, 2026. The firm maintained its cautious stance on the electric vehicle maker as other Wall Street institutions updated their outlooks.

TSLA Tesla, Inc.

$386.47 ▼ -11.78% year to date

1M 3M YTD

Daily close · Oct 21, 2026

GLJ Research's Call on Tesla, Inc.

On October 22, 2026, GLJ Research published its research note, reiterating a Sell rating and leaving its price target unchanged at $24.86 from a prior target of $24.86. This outlook stands in sharp contrast to the broader analyst community covering the auto manufacturer. Several other firms issued updates on the same day, with BNP Paribas upgrading the stock to a Neutral rating and raising its target from $266.00 to $420.00. RBC Capital reiterated its Outperform rating with a $480.00 price target. JP Morgan maintained a Neutral rating while lifting its target from $415.00 to $430.00. TD Cowen reiterated a Buy rating with a $460.00 target, and Piper Sandler maintained an Overweight rating with its target moving from $450.00 to $475.00. Across 38 analyst opinions, the consensus recommendation stands at a buy with a mean price target of $397.83.

Other Institutional Activity in Tesla, Inc.

Sumitomo Mitsui DS Asset Management Company grew its holdings by 13,717 shares, ending with 417,691 shares worth about $148.2 million. SteelPeak Wealth increased its position by 73,245 shares to hold 277,241 shares valued at about $98.4 million. First Citizens Bank & Trust added 24,818 shares, bringing its total to 110,086 shares worth roughly $39.1 million. Charles Schwab Trust opened a stake with 1,500 shares valued at about $532,215. Meanwhile, Fjarde Ap-Fonden cut its holdings by 135,880 shares to finish with 201,768 shares worth approximately $71.6 million.

Tesla, Inc. Stock Up 2.4%

Tesla shares recently traded around $382.64 as of October 22, 2026, up about 0.9% from their event-day close of $379.08.

Recent Earnings

Tesla reported trailing twelve-month revenue of $103.6 billion alongside earnings of $1.08 per share. The company generated a net profit margin of 3.7% and a return on equity of 4.7%.

Dividend

Tesla pays no dividend, keeping a dividend payout ratio of 0.0%.

Insider Buying and Selling at Tesla, Inc.

Director Thompson Kathleen Wilson sold 26,409 shares on April 30, 2026, for a total value of about $10.0 million. Chief Financial Officer Vaibhav Taneja completed three sales, including 3,000 shares on May 13, 2026, for $1.35 million, 2,605 shares on June 8, 2026, for $1.05 million, and 2,605 shares on September 8, 2026, for $938,419.

About Tesla, Inc.

Headquartered in Austin, Texas, Tesla designs, builds, and sells electric vehicles, alongside energy storage and generation systems. The business operates through automotive and energy segments, offering regulatory credits, vehicle insurance, and maintenance services alongside its core manufacturing operations.

Bottom Line

Market observers will continue tracking how divergent analyst views shape trading activity around Tesla. Investors should monitor upcoming earnings reports and institutional filings for further signals on the automaker's valuation.