Image from MarketBeat Media, LLC. Key Points American Asset Management Inc. acquired a new stake of 794 shares in Tesla (NASDAQ:TSLA) during Q2, valued at about $252,000, representing 0.2% of its portfolio and its 24th largest holding. Multiple large institutions boosted positions in Tesla—Vanguard added ~4.5M shares (now 251.39M), Geode added ~1.27M (now 64.77M), and Goldman Sachs increased its stake by 322.1%—with institutional/hedge fund ownership around 66.2%. Tesla recently beat quarterly expectations (EPS $0.50 vs. $0.48; revenue $28.10B vs. $24.98B, +11.6% YoY), has a market cap of about $1.39 trillion and a high P/E (~278.5), while analysts hold a consensus "Hold" rating with a $394.31 target. Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop? Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $28.10 billion for the quarter, compared to analysts' expectations of $24.98 billion. During the same quarter in the prior year, the firm earned $0.72 earnings per share. The firm's revenue was up 11.6% on a year-over-year basis. On average, equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Analysts Set New Price Targets A number of research analysts recently weighed in on the stock. Wedbush reiterated an "outperform" rating and issued a $600.00 price objective on shares of Tesla in a research note on Wednesday, November 5th. Royal Bank Of Canada reiterated an "outperform" rating and set a $500.00 price objective on shares of Tesla in a research note on Thursday, October 23rd. Wall Street Zen upgraded Tesla from a "sell" rating to a "hold" rating in a research note on Saturday, October 25th. President Capital lifted their target price on Tesla from $373.00 to $529.00 and gave the company a "buy" rating in a report on Wednesday, October 29th. Finally, William Blair reissued a "market perform" rating on shares of Tesla in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have assigned a Hold rating and ten have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Tesla has a consensus rating of "Hold" and a consensus target price of $394.31.