Image from MarketBeat Media, LLC. Key Points Salem Investment Counselors increased its Tesla stake by 28% in Q4 to 12,473 shares, valued at about $5.61 million. Tesla slightly beat Q4 expectations with $0.50 EPS versus $0.45 estimated and revenue of $24.9B, but revenue was down 3.1% year‑over‑year and the stock trades at a high valuation (P/E ≈ 355) with a MarketBeat consensus "Hold" price target of $406.84. Insiders have sold heavily—87,995 shares worth roughly $38.3 million in the past 90 days—while institutions/hedge funds hold about 66.2% of the stock and insiders own 19.9%. Rivian’s Making a Big Pivot, and the Results Could Be Huge Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.05. The company had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. Tesla's revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.73 earnings per share. Sell-side analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Transactions at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of the business's stock in a transaction dated 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 owned 577,031 shares of the company's stock, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the company's stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total value of $10,692,774.36. Following the sale, the director owned 19,669 shares of the company's stock, valued at $8,173,649.64. This represents a 56.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 87,995 shares of company stock worth $38,315,650 in the last ninety days. Insiders own 19.90% of the company's stock. Wall Street Analysts Forecast Growth