Image from MarketBeat Media, LLC. Carter Financial Group INC. acquired a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,617 shares of the electric vehicle producer's stock, valued at approximately $1,467,000. Tesla makes up 1.0% of Carter Financial Group INC.'s investment portfolio, making the stock its 26th largest position. Get Tesla alerts: Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. 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 business had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. During the same quarter last year, the business earned $0.72 earnings per share. Tesla's quarterly revenue was up 11.6% compared to the same quarter last year. Sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Wall Street Analyst Weigh In TSLA has been the topic of several recent analyst reports. Morgan Stanley set a $425.00 price objective on shares of Tesla and gave the company an "equal weight" rating in a research report on Sunday, December 7th. New Street Research increased their price target on Tesla from $465.00 to $520.00 and gave the stock a "buy" rating in a research note on Thursday, October 23rd. Glj Research restated a "sell" rating on shares of Tesla in a research report on Wednesday, October 22nd. BNP Paribas Exane initiated coverage on Tesla in a research note on Thursday, October 16th. They set an "underperform" rating and a $307.00 target price on the stock. Finally, William Blair reissued a "market perform" rating on shares of Tesla in a report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $399.33.