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GLJ Research on Tesla (TSLA): 'Sell-the-news'

September 4, 2026 9:35 AM EDT

GLJ Research analyst Gordon Johnson reiterated a Sell rating and $24.86 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Weve learned to keep a simple rule for Tesla product launches: count what can be counted. Last night we could count one thing, and that was 45 Cybercab registrations with the Texas DMV as of Wednesday. Tesla did not offer a second number. There was: (a) no deployment target, (b) no pricing, (c) no consumer order button, (d) no livestream, and (e) no CEO on stage. Attendees, a... More