Tesla's rating was downgraded from Buy to Hold, and its price target lowered from $577 to $360 due to concerns over its high valuation despite operational progress. The company showed positive free cash flow and margin improvements in Q3 2026, along with advances in autonomous driving and energy storage. However, earnings growth has not kept pace with the stock's premium valuation, trading at 215 times forward non-GAAP earnings. Additionally, the potential merger with SPCX adds strategic uncertainty, limiting near-term upside despite a stabilizing core business.
Tesla shares are trading at USD 380.06 on Pluang as of Oct 22, 2026 23:41 WIB, down 1.66% in the last day. The stock's market cap stands at $1.53 trillion, reflecting its large scale despite recent rating downgrades. Pluang data shows a typical holding period of 88 days, with more sellers (76%) than buyers (24%) currently active.
Tesla reported better-than-expected Q3 earnings of $0.48 per share, driven by strong vehicle demand and growing software and energy businesses. The company highlighted its largest vehicle backlog in four years and lowered its 2026 capital expenditure...
Tesla's recent earnings call focused heavily on future technologies like robotaxis, AI, and humanoid robots, while its core car business showed modest performance. In the world's largest EV market, China, Tesla lags behind local competitors in sales ...
Tesla announced plans to expand its Cybercab robotaxi service beyond Austin, Texas, beginning in Dallas next month and reaching other cities by year-end. The company aims to dominate terrestrial transportation and will start selling Cybercabs to flee...
Tesla has begun high-volume production of its humanoid Optimus robots in Fremont, aiming for up to a million units per line eventually. Texas Instruments (TI) revealed its chips, costing $500 to $1,000 per robot, are integral to these robots, potenti...
Tesla's shares fell following a flat Q3 revenue report and a year-over-year decline in electric vehicle deliveries, despite slightly better-than-expected earnings per share. CEO Elon Musk highlighted efforts to expand full self-driving approvals and ...
