Image from MarketBeat Media, LLC. Key Points SouthState Bank Corp trimmed its Tesla stake by 43% in the third quarter, selling 3,854 shares and now holding 5,113 shares valued at $2.274 million. Tesla beat quarterly estimates with $0.50 EPS (vs. $0.45) and $24.90 billion in revenue (vs. $24.75B) despite revenue falling 3.1% year‑over‑year, while the stock trades at a rich P/E of 367.79 and a $1.49 trillion market cap. Insiders have been net sellers (about 119,457 shares, ~$53.5M, including James R. Murdoch and Kimbal Musk) even as institutions own 66.2% of the stock, and analyst sentiment is mixed with a consensus Hold and an average price target of $403.92. Revisiting Hertz’s Amazon Partnership 5 Months Later: The Good, the Bad, the Risk Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. During the same period in the prior year, the company earned $0.73 earnings per share. The business's revenue was down 3.1% compared to the same quarter last year. Sell-side analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Transactions at Tesla In related news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the sale, the director directly owned 577,031 shares of the company's stock, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 119,457 shares of company stock worth $53,501,145 over the last 90 days. 19.90% of the stock is currently owned by insiders. Analyst Upgrades and Downgrades