Key Points RWQ Financial Management Services Inc. reduced its holdings in Tesla, Inc. by 4.7%, selling 2,571 shares during the second quarter, leaving it with approximately 51,715 shares valued at $16.4 million. Tesla's quarterly earnings report showed earnings per share of $0.40, which was below the analysts' expectations of $0.43, alongside a revenue decrease of 11.8% year-over-year. Institutional investors own 66.20% of Tesla stock, with several firms like Brighton Jones LLC and Bison Wealth LLC increasing their shares in the fourth quarter despite the overall mixed performance of TSLA stock. Happy Third Birthday to the Bull Market Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.03). Tesla had a return on equity of 7.98% and a net margin of 6.54%.The company had revenue of $22.50 billion for the quarter, compared to the consensus estimate of $23.18 billion. During the same quarter last year, the firm posted $0.52 earnings per share. The firm's quarterly revenue was down 11.8% compared to the same quarter last year. On average, analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Buying and Selling In related news, SVP Xiaotong Zhu sold 20,000 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $363.75, for a total value of $7,275,000.00. Following the sale, the senior vice president directly owned 47,600 shares in the company, valued at $17,314,500. The trade was a 29.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $352.38, for a total transaction of $918,302.28. Following the completion of the sale, the chief financial officer owned 9,856 shares in the company, valued at $3,473,057.28. The trade was a 20.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 202,606 shares of company stock worth $75,588,902 in the last ninety days. 19.90% of the stock is currently owned by corporate insiders. Wall Street Analysts Forecast Growth