Key Points Mason & Associates Inc has increased its Tesla holdings by 6.1%, now owning 17,223 shares valued at approximately $5.47 million, making Tesla its 21st largest investment. Institutional ownership of Tesla has risen to 66.20%, reflecting continued confidence in the company's stock, with multiple firms increasing their stakes in the second quarter. Tesla's stock recently experienced a 3.4% decline, with the latest earnings report showing a better-than-expected earnings per share of $0.50, beating analysts' expectations of $0.48. Tesla’s Earnings Review: Does the Juice Justify the Squeeze? Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The company had revenue of $28.10 billion during the quarter, compared to analysts' expectations of $24.98 billion. During the same quarter in the previous year, the company earned $0.72 earnings per share. The firm's revenue for the quarter was up 11.6% on a year-over-year basis. On average, research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Buying and Selling at Tesla In other news, SVP Xiaotong Zhu sold 20,000 shares of the business's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the sale, the senior vice president owned 47,600 shares of the company's stock, valued at $17,314,500. The trade was a 29.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director James R. Murdoch sold 120,000 shares of the business's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $350.29, for a total transaction of $42,034,800.00. Following the sale, the director directly owned 697,031 shares of the company's stock, valued at $244,162,988.99. This represents a 14.69% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 202,606 shares of company stock valued at $75,588,902. Corporate insiders own 19.90% of the company's stock. Tesla Profile