Tesla shares up 1.5% premarket after hitting more than three-week high on Friday

Monday, Jul 21, 2025 4:12 am ET1min read

Tesla shares up 1.5% premarket after hitting more than three-week high on Friday

Tesla (TSLA) shares are up by 1.5% in premarket trading, having reached a three-week high on Friday. The stock opened at $329.65, with the 50-day moving average at $326.27 and the 200-day moving average at $316.70. The market cap of Tesla stands at $1.06 trillion, with a price-to-earnings (P/E) ratio of 181.13 and a price-to-earnings growth (PEG) ratio of 12.56. The stock's beta is 2.39, indicating high volatility compared to the broader market.

The recent price increase comes after Tesla reported its second-quarter earnings, which fell short of analyst estimates. Revenue and profits are expected to decline compared to the same period last year, with revenue projected to be $22.9 billion, a 10% decrease, and adjusted earnings per share (EPS) projected to fall by nearly 20% year-over-year to $0.43 [1].

Analysts are divided on Tesla's stock performance. While some analysts, like those at Wedbush, remain bullish, expecting deliveries to return to sales growth in China, others, such as those at UBS, are bearish, believing the stock is "fundamentally overvalued" [1]. The mean price target among analysts is just shy of $300, about 9% below Friday's level [1].

Institutional investors have also shown interest in Tesla. Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently purchased between $1,001 and $15,000 in Tesla stock, adding to the company's institutional ownership, which stands at 66.20% [2].

Despite the recent earnings report and analyst sentiments, Tesla's stock has shown resilience, with insiders continuing to buy shares. Over the last 90 days, insiders have sold 835,509 shares, but the company's corporate insiders still own 20.70% of the stock [2].

References:
[1] https://finance.yahoo.com/news/analysts-think-tesla-stock-ahead-162532103.html
[2] https://www.marketbeat.com/instant-alerts/rep-robert-bresnahan-jr-purchases-shares-of-tesla-inc-nasdaqtsla-2025-07-20/

Tesla shares up 1.5% premarket after hitting more than three-week high on Friday

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