Key Points OVERSEA CHINESE BANKING Corp Ltd significantly reduced its stake in Tesla, holding 35,176 shares valued at approximately $11.36 million after selling over 50,000 shares in the second quarter. Goldman Sachs Group Inc. increased its Tesla holdings by 322.1% during the first quarter, acquiring an additional 20.29 million shares, boosting its total stake to $6.89 billion. Tesla reported $0.50 earnings per share (EPS), exceeding analysts' expectations, with revenue of $28.10 billion, marking an 11.6% increase from the previous year. Tesla’s Earnings Review: Does the Juice Justify the Squeeze? Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same period last year, the company earned $0.72 earnings per share. The firm's revenue was up 11.6% compared to the same quarter last year. Equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year. Insider Transactions at Tesla In other news, Director James R. Murdoch sold 120,000 shares of the firm'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 completion of the transaction, the director directly owned 697,031 shares in the company, valued at $244,162,988.99. This trade represents a 14.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Xiaotong Zhu sold 20,000 shares of the firm's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $363.75, for a total value of $7,275,000.00. Following the transaction, the senior vice president owned 47,600 shares of the company's stock, valued at $17,314,500. This trade represents a 29.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 202,606 shares of company stock worth $75,588,902 over the last ninety days. 19.90% of the stock is owned by insiders. Tesla Profile