Image from MarketBeat Media, LLC. Key Points MASTERINVEST Kapitalanlage GmbH bought a new position of 20,967 Tesla shares in Q2, valued at about $6.66 million. Significant insider selling occurred: Director Kimbal Musk sold 56,820 shares (~$25.6M) and CFO Vaibhav Taneja sold 2,637 shares (~$1.17M), with insiders retaining roughly 19.9% ownership. Tesla recently beat quarterly estimates (EPS $0.50 vs $0.48; revenue $28.1B vs $24.98B), the stock traded near $459 (market cap ~$1.53T), and analysts' consensus rating is "Hold" with a $399.33 target. Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same period in the prior year, the firm posted $0.72 earnings per share. The company's quarterly revenue was up 11.6% compared to the same quarter last year. On average, equities research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Activity In related news, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the company's stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 19.90% of the company's stock. Wall Street Analysts Forecast Growth