Key Points International Assets Investment Management LLC increased its holdings in Tesla by 4.8% during the 2nd quarter, now owning 48,893 shares valued at approximately $15.5 million. Goldman Sachs Group significantly raised its stake in Tesla by 322.1% during the first quarter, resulting in a total of over 26.5 million shares valued at nearly $6.9 billion. Tesla's recent earnings report showed a miss on earnings per share (EPS) estimates, with $0.40 reported versus a consensus of $0.43, and an 11.8% decrease in revenue year-over-year. Happy Third Birthday to the Bull Market Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 earnings per share 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 return on equity of 7.98% and a net margin of 6.54%.The company's quarterly revenue was down 11.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.52 earnings per share. On average, research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Wall Street Analyst Weigh In Several research analysts have commented on TSLA shares. Piper Sandler upped their target price on shares of Tesla from $400.00 to $500.00 and gave the stock an "overweight" rating in a research report on Monday, September 22nd. TD Cowen upped their target price on shares of Tesla from $374.00 to $509.00 and gave the stock a "buy" rating in a research report on Thursday, October 9th. Melius Research set a $520.00 target price on shares of Tesla and gave the stock a "buy" rating in a research report on Monday, October 13th. Needham & Company LLC restated a "hold" rating on shares of Tesla in a research report on Thursday, July 24th. Finally, Stifel Nicolaus set a $483.00 target price on shares of Tesla and gave the stock a "buy" rating in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have given a Hold rating and ten have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $363.54.