Image from MarketBeat Media, LLC. Key Points Continental Investors Services Inc. reduced its stake in Tesla, Inc. by 9.2%, owning 9,235 shares worth approximately $2.93 million, making Tesla their third-largest holding. Goldman Sachs increased its position in Tesla by an impressive 322.1%, acquiring over 20 million shares, raising its total holdings to approximately $6.89 billion. Tesla reported earnings of $0.50 per share, exceeding analyst expectations, with revenue of $28.10 billion, reflecting an 11.6% year-over-year increase. Tesla Stock: The Bulls Are Winning…For Now Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The firm had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The company's revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.72 earnings per share. Equities analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Analyst Upgrades and Downgrades A number of brokerages have issued reports on TSLA. William Blair reiterated a "market perform" rating on shares of Tesla in a research note on Friday, September 5th. Benchmark restated a "buy" rating on shares of Tesla in a report on Thursday, October 23rd. Stifel Nicolaus set a $483.00 target price on shares of Tesla and gave the stock a "buy" rating in a research note on Wednesday, October 8th. New Street Research increased their target price on shares of Tesla from $465.00 to $520.00 and gave the stock a "buy" rating in a report on Thursday, October 23rd. Finally, BNP Paribas Exane assumed coverage on shares of Tesla in a research note on Thursday, October 16th. They issued an "underperform" rating and a $307.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, twelve have issued a Hold rating and eleven have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $388.51.