Image from MarketBeat Media, LLC. Key Points Wedbush has maintained an "outperform" rating for Tesla with a price target of $600.00, indicating a potential upside of 34.87% from its current price of $444.86. Tesla reported earnings of $0.50 per share, exceeding estimates and showing a revenue increase of 11.6% year-over-year, with total revenue of $28.10 billion for the quarter. Insider transactions include significant stock sales by senior executives, with a total of 202,606 shares sold valued at approximately $75.6 million over the last quarter. MarketBeat Week in Review – 10/27 - 10/31 In other news, SVP Xiaotong Zhu sold 20,000 shares of Tesla stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $363.75, for a total value of $7,275,000.00. Following the completion of the transaction, the senior vice president owned 47,600 shares in the company, valued at approximately $17,314,500. This trade represents a 29.59% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $352.38, for a total value of $918,302.28. Following the sale, the chief financial officer directly owned 9,856 shares in the company, valued at $3,473,057.28. This trade represents a 20.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 202,606 shares of company stock valued at $75,588,902 over the last quarter. 19.90% of the stock is owned by insiders. Hedge Funds Weigh In On Tesla A number of hedge funds and other institutional investors have recently bought and sold shares of TSLA. HORAN Wealth LLC acquired a new stake in Tesla in the third quarter valued at $539,000. Linscomb Wealth Inc. boosted its holdings in Tesla by 2.7% during the third quarter. Linscomb Wealth Inc. now owns 4,239 shares of the electric vehicle producer's stock worth $1,885,000 after buying an additional 111 shares in the last quarter. Horizon Investment Services LLC grew its holdings in shares of Tesla by 2.9% in the 3rd quarter. Horizon Investment Services LLC now owns 3,042 shares of the electric vehicle producer's stock worth $1,353,000 after acquiring an additional 86 shares during the period. Bessemer Group Inc. grew its holdings in shares of Tesla by 13.3% in the 3rd quarter. Bessemer Group Inc. now owns 43,269 shares of the electric vehicle producer's stock worth $19,243,000 after acquiring an additional 5,066 shares during the period. Finally, IMG Wealth Management Inc. grew its holdings in shares of Tesla by 201.0% in the 3rd quarter. IMG Wealth Management Inc. now owns 623 shares of the electric vehicle producer's stock worth $277,000 after acquiring an additional 416 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors. About Tesla