Key Points First National Trust Co sold 8,572 shares of Tesla, Inc., reducing its stake by 18.8% during the 2nd quarter, leaving it with 36,915 shares valued at $11.73 million. Institutional investors hold 66.20% of Tesla's stock, with notable increases in holdings from firms like Vanguard Group (1.5% increase) and Goldman Sachs (322.1% increase). Tesla reported a quarterly revenue of $28.10 billion, exceeding analyst expectations, and posted earnings per share of $0.50, surpassing the consensus estimate of $0.48. How Much Risk Is Too Much? Here Come 5X Leveraged ETFs Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same period last year, the company earned $0.72 EPS. Tesla's revenue for the quarter was up 11.6% compared to the same quarter last year. On average, equities analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Analyst Upgrades and Downgrades TSLA has been the topic of a number of research analyst reports. Dbs Bank increased their price target on shares of Tesla from $300.00 to $450.00 in a report on Wednesday, September 17th. Bank of America increased their target price on Tesla from $305.00 to $341.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. The Goldman Sachs Group reduced their target price on Tesla from $425.00 to $400.00 and set a "neutral" rating on the stock in a research note on Thursday, October 23rd. DZ Bank reiterated a "sell" rating on shares of Tesla in a research report on Thursday, October 23rd. Finally, Stifel Nicolaus set a $483.00 price objective on Tesla and gave the company a "buy" rating in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twelve have given a Hold rating and eleven have assigned a Sell rating to the stock. Based on data from MarketBeat, Tesla has an average rating of "Hold" and an average price target of $381.00.