Key Points Centerpoint Advisors LLC reduced its holdings in Tesla by 72.7%, from 1,376 shares to 376 shares, which were valued at approximately $119,000 at the end of the reporting period. Analysts have set new price targets for Tesla, with estimates ranging up to $510.00, and the stock is currently rated as "outperform" by several firms. Tesla reported a net margin of 5.51% and revenue of $28.10 billion for the quarter, exceeding analysts' expectations and showing an 11.6% increase year-over-year. Tesla’s Earnings Review: Does the Juice Justify the Squeeze? Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. Tesla's revenue for the quarter was up 11.6% on a year-over-year basis. Sell-side analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Activity at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $422.68, for a total transaction of $25,360,800.00. Following the completion of the transaction, the director owned 637,031 shares in the company, valued at approximately $269,260,263.08. This represents a 8.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $352.38, for a total transaction of $918,302.28. Following the transaction, the chief financial officer owned 9,856 shares of the company's stock, valued at approximately $3,473,057.28. The trade was a 20.91% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 202,606 shares of company stock worth $75,588,902 in the last 90 days. 19.90% of the stock is owned by insiders. Tesla Profile