Key Points Topsail Wealth Management LLC acquired a new stake in Tesla, purchasing 650 shares valued at approximately $206,000. Institutional investors currently hold 66.20% of Tesla's stock, with significant increases in holdings observed from several hedge funds in the recent quarter. Tesla's recent earnings report showed an EPS of $0.50, exceeding analysts' estimates, and a revenue of $28.10 billion, a rise of 11.6% from the previous year. How Much Risk Is Too Much? Here Come 5X Leveraged ETFs Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. The firm had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.Tesla's revenue was up 11.6% compared to the same quarter last year. During the same period last year, the business posted $0.72 earnings per share. Sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insiders Place Their Bets In other Tesla news, SVP Xiaotong Zhu sold 20,000 shares of Tesla stock in a transaction dated Thursday, September 11th. The stock was 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 directly owned 47,600 shares of the company's stock, valued at $17,314,500. The trade was a 29.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $352.38, for a total value of $918,302.28. Following the sale, the chief financial officer directly owned 9,856 shares of the company's stock, valued at $3,473,057.28. This trade represents a 20.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 202,606 shares of company stock valued at $75,588,902 in the last ninety days. Insiders own 19.90% of the company's stock. Analyst Upgrades and Downgrades