Key Points Ariston Services Group increased its holdings in Tesla, Inc. by 3,238.0% during the second quarter, making Tesla approximately 9.4% of their total portfolio, valued at $13.25 million. Tesla's recent earnings report showed an EPS of $0.40 for the quarter, missing estimates and marking an 11.8% decline in revenue year-over-year. Insider activity saw director James R. Murdoch sell 120,000 shares for around $42 million, decreasing his ownership by 14.69%. Happy Third Birthday to the Bull Market Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.03). The business had revenue of $22.50 billion for the quarter, compared to analyst estimates of $23.18 billion. Tesla had a return on equity of 7.98% and a net margin of 6.54%.The firm's revenue for the quarter was down 11.8% compared to the same quarter last year. During the same period last year, the company posted $0.52 EPS. Equities analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Activity In other Tesla news, Director James R. Murdoch sold 120,000 shares of the firm's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $350.29, for a total value of $42,034,800.00. Following the transaction, the director directly owned 697,031 shares of the company's stock, valued at $244,162,988.99. This trade represents a 14.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $352.38, for a total value of $918,302.28. Following the completion of the sale, the chief financial officer owned 9,856 shares of the company's stock, valued at approximately $3,473,057.28. This trade represents a 20.91% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 202,606 shares of company stock valued at $75,588,902. Company insiders own 19.90% of the company's stock. Analyst Upgrades and Downgrades