Image from MarketBeat Media, LLC. Key Points Tesla shares fell 4.8% in mid-day trading on Friday, briefly hitting $422.00 before closing near $422.24, down from the prior close of $443.30. Investors weighed mixed headlines: robotaxi-related progress like a planned Cybercab car wash and Berlin Gigafactory expansion were positive, but concerns over robotaxi testing issues, legal scrutiny, and lack of major China agreements pressured sentiment. Analyst views remain cautious overall, with Tesla holding an average “Hold” rating and a consensus price target of $395.20 even after some firms raised targets or reiterated neutral/hold stances. Tesla’s Cybercab Is Finally Real—But Is It Enough? Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm's quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 EPS. As a group, analysts forecast that Tesla, Inc. will post 1.2 EPS for the current year. Insider Transactions at Tesla In related news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 80,213 shares of company stock worth $30,851,105 in the last quarter. 19.90% of the stock is owned by corporate insiders. Hedge Funds Weigh In On Tesla Hedge funds have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Tesla during the fourth quarter valued at approximately $17,128,100,000. Corient Private Wealth LLC lifted its position in Tesla by 3,205.5% in the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer's stock worth $9,650,811,000 after purchasing an additional 20,810,386 shares during the period. Bank of America Corp DE lifted its position in Tesla by 56.0% in the fourth quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer's stock worth $9,334,211,000 after purchasing an additional 7,450,766 shares during the period. Cardano Risk Management B.V. lifted its position in Tesla by 882.8% in the fourth quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer's stock worth $3,688,630,000 after purchasing an additional 7,367,507 shares during the period. Finally, Vanguard Group Inc. lifted its position in Tesla by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock worth $116,443,762,000 after purchasing an additional 6,538,720 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock. Tesla Company Profile