Tesla Inc’s recent filing unveils that its Officer VAIBHAV TANEJA acquired Company’s shares for reported $2.87 million on Jan 06 ’25. In the deal valued at $410.44 per share,7,000 shares were bought.
Then, KATHLEEN WILSON-THOMPSON bought 100,000 shares, generating $41,044,000 in total proceeds.
Before that, Taneja Vaibhav sold 2,606 shares. Tesla Inc shares valued at $975,015 were divested by the Chief Financial Officer at a price of $374.21 per share. As a result of the transaction, Taneja Vaibhav now holds 108,965 shares, worth roughly $42.97 million.
BofA Securities downgraded its Tesla Inc [TSLA] rating to a Neutral from a a Buy in a research note published on January 07, 2025; the price target was increased to $490 from $400. A number of analysts have revised their coverage, including New Street’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Robert W. Baird also remained covering TSLA and reiterated its “an Outperform” recommendation on December 18, 2024. Mizuho revised its rating on December 17, 2024. It rated TSLA as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of TSLA
On Tuesday, Tesla Inc [NASDAQ:TSLA] saw its stock fall -4.06% to $394.36. Over the last five days, the stock has lost -5.52%. Tesla Inc shares have fallen nearly -2.35% since the year began. Nevertheless, the stocks have risen 66.05% over the past one year. While a 52-week high of $488.54 was reached on 01/06/25, a 52-week low of $138.80 was recorded on 01/02/25. SMA at 50 days reached $359.87, while 200 days put it at $243.34.
Levels Of Support And Resistance For TSLA Stock
The 24-hour chart illustrates a support level at 384.80, which if violated will result in even more drops to 375.23. On the upside, there is a resistance level at 409.13. A further resistance level may holdings at 423.89. The Relative Strength Index (RSI) on the 14-day chart is 48.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -21.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.54%. Stochastics %K at 27.92% indicates the stock is a holding.
How much short interest is there in Tesla Inc?
A steep rise in short interest was recorded in Tesla Inc stocks on 2024-12-13, growing by 4.32 million shares to a total of 80.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 76.44 million shares. There was a rise of 5.35%, which implies that there is a positive sentiment for the stock.
