Key Points Hartline Investment Corp has purchased 716 shares of Tesla, Inc. valued at approximately $227,000, reflecting continued investment interest from hedge funds in the electric vehicle producer. Tesla's recent earnings report showed an EPS of $0.40, falling short of the analysts' expectations of $0.43, with a revenue decline of 11.8% year-over-year. The stock opened at $439.31 and has a market cap of $1.46 trillion, with significant ratings from analysts varying from "strong buy" to "hold." Happy Third Birthday to the Bull Market Tesla (NASDAQ:TSLA - Get Free Report) last released its 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). The business had revenue of $22.50 billion for the quarter, compared to the consensus estimate of $23.18 billion. Tesla had a net margin of 6.54% and a return on equity of 7.98%. The company's quarterly revenue was down 11.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.52 EPS. On average, equities analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year. Wall Street Analyst Weigh In Several brokerages have weighed in on TSLA. China Renaissance reissued a "hold" rating and set a $349.00 price objective on shares of Tesla in a research note on Friday, July 25th. Baird R W raised Tesla from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 19th. CICC Research boosted their price objective on Tesla from $360.00 to $450.00 and gave the stock an "outperform" rating in a research note on Thursday, September 18th. Canaccord Genuity Group boosted their price objective on Tesla from $333.00 to $490.00 and gave the stock a "buy" rating in a research note on Tuesday, September 30th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Tesla in a research note on Thursday, July 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have given a Hold rating and ten have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $363.54.