Image from MarketBeat Media, LLC. CIBC Asset Management Inc decreased its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 4.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 702,021 shares of the electric vehicle producer's stock after selling 33,522 shares during the period. CIBC Asset Management Inc's holdings in Tesla were worth $223,004,000 at the end of the most recent reporting period. Get Tesla alerts: Market Momentum: 3 Stocks Poised for Major Breakouts Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm 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 posted $0.72 earnings per share. Tesla's revenue for the quarter was up 11.6% compared to the same quarter last year. Equities analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Buying and Selling at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction on Monday, September 15th. The shares were sold at an average price of $422.68, for a total value of $25,360,800.00. Following the completion of the transaction, the director owned 637,031 shares of the company's stock, valued at $269,260,263.08. The trade was a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction on Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 19.90% of the company's stock. Analyst Upgrades and Downgrades