Image from MarketBeat Media, LLC. Key Points Simplify Asset Management boosted its Tesla stake by 87.1% in Q2 to 24,141 shares worth about $7.67 million, making TSLA its 14th-largest holding and 0.4% of the firm's portfolio. Tesla beat recent quarter estimates with $0.50 EPS vs. $0.48 expected and revenue of $28.10 billion (vs. $24.98 billion), a 11.6% year-over-year revenue increase. Insiders have sold heavily (202,606 shares, ≈$75.6M in the last 90 days) while Tesla trades with a $1.48 trillion market cap, a P/E around 297 and an average analyst consensus of "Hold" with a $391.08 price target. MarketBeat Week in Review – 11/03 - 11/07 Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Thursday, October 23rd. 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 quarter in the prior year, the company posted $0.72 earnings per share. Tesla's revenue was up 11.6% on a year-over-year basis. As a group, equities research analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Buying and Selling at Tesla In other news, 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 completion of the sale, the chief financial officer directly owned 9,856 shares in the company, valued at approximately $3,473,057.28. This represents a 20.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Xiaotong Zhu sold 20,000 shares of the company's stock in a transaction that occurred on 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 sale, the senior vice president directly owned 47,600 shares of the company's stock, valued at approximately $17,314,500. This trade represents a 29.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 202,606 shares of company stock valued at $75,588,902 in the last ninety days. 19.90% of the stock is currently owned by corporate insiders. Analyst Upgrades and Downgrades