Tesla stock trades at EUR 310.13 before a delivery test

Published on 09/30/2026 at 12:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tesla stock faces a delivery test after JPMorgan cut its target to USD 415.00 from USD 445.00. Q2 revenue reached USD 28.24 billion, up 25.50 percent year over year.

Fotorealistische Fertigungshalle mit Robotern und generischen Elektrofahrzeug-Karosserien — Fotorealistische Aufnahme einer Fertigungshalle zeigt Tesla Inc., ISIN US88160R1014, bei moderner Elektrofahrzeug-Produktion, Illustration mit AI erstellt.

Tesla stock (ISIN US88160R1014) was trading at EUR 310.13 at Lang & Schwarz on September 30, 2026 at 12:31 p.m. CEST, down 0.52 percent from the prior close of EUR 311.75. The immediate test is Tesla's upcoming third-quarter delivery report, with analysts lowering some forecasts before the release.

JPMorgan lowers its target

According to MarketBeat on September 28, 2026, JPMorgan cut its Tesla price target from USD 445.00 to USD 415.00 and kept a Neutral rating. The revised target is USD 104.17 above the Lang & Schwarz price, but the two figures use different currencies and are not a direct return comparison.

MarketBeat also reported a consensus Hold rating on September 30, 2026, with 21 Buy ratings, 20 Hold ratings, five Sell ratings and one Strong Buy among 47 brokerages. The average 12-month target was USD 410.98, placing the debate on future execution rather than on a single analyst view.

Deliveries meet a high bar

Yahoo Finance reported on September 29, 2026, that Tesla's company-compiled Q3 delivery consensus was 461,974 vehicles across 24 analyst estimates. That figure was 3.80 percent below Q2 deliveries, making the next report a direct test of demand and production execution.

Tesla's Q2 2026 revenue was USD 28.24 billion, up 25.50 percent year over year, according to MarketBeat. Earnings per share came in at USD 0.33 against a USD 0.50 consensus, a USD 0.17 miss that keeps profitability central to the delivery story.

Stock remains below its yearly high

Tesla's Nasdaq market capitalization was USD 1.4 trillion on September 29, 2026. The primary-market 52-week range was USD 297.38 to USD 498.83, leaving the stock below its yearly high while the company funds vehicle, energy and autonomy expansion.

For investors, the key comparison is clear: revenue grew 25.50 percent in Q2 2026, while quarterly earnings per share remained at USD 0.33 and missed consensus by USD 0.17. The delivery report will show whether volume growth can support margins as Tesla broadens its product and technology ambitions.

EUR 310.13 in afternoon trading

Tesla stock was trading at EUR 310.13 at Lang & Schwarz on September 30, 2026 at 12:31 p.m. CEST, down 0.52 percent versus the prior close of EUR 311.75. The reference price is an intraday indication in euros and is separate from Tesla's Nasdaq quotation in USD.