Key Points Mutual of America Capital Management LLC reduced its stake in Tesla by 1.3%, selling 4,322 shares, and now holds 321,314 shares valued at approximately $102 million. Goldman Sachs significantly increased its Tesla holdings by 322.1% during the first quarter, now owning over 26 million shares worth nearly $6.9 billion. Tesla's quarterly earnings report showed a miss on EPS with $0.40 reported versus $0.43 expected, and revenue decreased 11.8% year-over-year to $22.50 billion. Happy Third Birthday to the Bull Market Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The electric vehicle producer reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.03). Tesla had a return on equity of 7.98% and a net margin of 6.54%.The company had revenue of $22.50 billion for the quarter, compared to analysts' expectations of $23.18 billion. During the same period in the prior year, the firm posted $0.52 EPS. The firm's quarterly revenue was down 11.8% on a year-over-year basis. On average, research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Wall Street Analyst Weigh In A number of research firms have commented on TSLA. Barclays restated a "negative" rating and issued a $350.00 price objective (up from $275.00) on shares of Tesla in a research note on Thursday. Morgan Stanley reaffirmed an "overweight" rating on shares of Tesla in a report on Wednesday. Piper Sandler lifted their target price on shares of Tesla from $400.00 to $500.00 and gave the company an "overweight" rating in a report on Monday, September 22nd. The Goldman Sachs Group lifted their target price on shares of Tesla from $395.00 to $425.00 and gave the company a "neutral" rating in a report on Friday, October 3rd. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a report on Thursday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have issued a Hold rating and ten have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $363.54.