Key Points World Investment Advisors increased its holdings in Tesla by 10.0% in Q2, owning 29,185 shares valued at approximately $9.27 million. Tesla reported earnings of $0.50 EPS for the latest quarter, exceeding estimates, with a revenue of $28.10 billion, reflecting an 11.6% increase year-over-year. Hedge funds currently own 66.20% of Tesla's stock, indicating significant institutional investment in the company. MarketBeat Week in Review – 10/20 - 10/24 Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. The company had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm's revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 earnings per share. On average, research analysts predict that Tesla, Inc. will post 2.56 EPS for the current year. Insider Buying and Selling at Tesla In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $352.38, for a total value of $918,302.28. Following the transaction, the chief financial officer directly owned 9,856 shares in the company, valued at approximately $3,473,057.28. This trade represents a 20.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James R. Murdoch sold 120,000 shares of Tesla stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $350.29, for a total value of $42,034,800.00. Following the completion of the transaction, the director owned 697,031 shares in the company, valued at $244,162,988.99. This trade represents a 14.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 202,606 shares of company stock worth $75,588,902. 19.90% of the stock is currently owned by insiders. Analysts Set New Price Targets