Key Points BSN CAPITAL PARTNERS Ltd reduced its stake in Tesla, Inc. by 66.7% in the second quarter, now holding 179,000 shares, making it 4.3% of their investment portfolio and the 6th largest position. Tesla reported $0.40 earnings per share for the last quarter, missing estimates by $0.03, with revenue down 11.8% compared to the same quarter last year. Analysts have set new price targets for Tesla, with UBS Group aiming at $247.00 and TD Cowen raising it to $509.00, while the average target price stands at $354.67. MarketBeat Week in Review – 09/29 - 10/03 Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.03). Tesla had a return on equity of 7.98% and a net margin of 6.54%.The firm had revenue of $22.50 billion during the quarter, compared to analysts' expectations of $23.18 billion. During the same quarter in the prior year, the company earned $0.52 earnings per share. The business's revenue for the quarter was down 11.8% compared to the same quarter last year. Analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Analysts Set New Price Targets A number of research firms have recently weighed in on TSLA. HSBC increased their target price on shares of Tesla from $120.00 to $127.00 in a research report on Monday, September 29th. China Renaissance reaffirmed a "hold" rating and issued a $349.00 price objective on shares of Tesla in a report on Friday, July 25th. UBS Group set a $247.00 price objective on shares of Tesla in a report on Monday, October 6th. Stifel Nicolaus set a $483.00 price objective on shares of Tesla and gave the stock a "buy" rating in a report on Wednesday. Finally, TD Cowen raised their price objective on shares of Tesla from $374.00 to $509.00 and gave the stock a "buy" rating in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, thirteen have given a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $354.67.