Key Points PKO Investment Management Joint Stock Co reduced its Tesla holdings by 9.3%, now owning 52,900 shares valued at approximately $16.8 million. Vanguard Group and Goldman Sachs made significant increases in their Tesla stakes during the first quarter, with Vanguard owning over 246 million shares worth approximately $64 billion. Tesla's quarterly earnings report showed a profit of $0.50 per share, surpassing expectations, with revenue of $28.1 billion, marking an 11.6% year-over-year increase. How Much Risk Is Too Much? Here Come 5X Leveraged ETFs Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. The company 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%. Tesla's revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.72 earnings per share. Sell-side analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year. Analyst Upgrades and Downgrades A number of equities research analysts have issued reports on the stock. Barclays reiterated a "negative" rating and set a $350.00 target price (up from $275.00) on shares of Tesla in a report on Thursday, October 16th. Mizuho increased their target price on shares of Tesla from $450.00 to $485.00 and gave the company an "outperform" rating in a research report on Thursday. William Blair reaffirmed a "market perform" rating on shares of Tesla in a report on Friday, September 5th. Daiwa Capital Markets reaffirmed a "neutral" rating on shares of Tesla in a research note on Sunday, July 27th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twelve have given a Hold rating and eleven have given a Sell rating to the company. Based on data from MarketBeat, Tesla currently has a consensus rating of "Hold" and an average target price of $380.03.