Image from MarketBeat Media, LLC. Key Points Clear Creek Financial Management boosted its Tesla stake by 15.8% in Q3 to 19,778 shares (about $8.80M), making TSLA ~0.8% of the fund and its 25th-largest holding. Tesla topped quarterly EPS estimates ($0.50 vs. $0.45) with $24.9B in revenue (down 3.1% YoY); the stock trades at a ~381 P/E with a $1.54T market cap and a MarketBeat consensus target of $408.09 ("Hold"). Insider selling has been notable—Kimbal Musk sold 56,820 shares and insiders disposed of 119,457 shares (~$53.5M) in the past 90 days—while institutional investors own roughly 66% of TSLA. Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. During the same period in the prior year, the company posted $0.73 earnings per share. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, research analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Wall Street Analysts Forecast Growth TSLA has been the subject of a number of recent analyst reports. New Street Research boosted their target price on Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a research report on Tuesday, January 6th. Wells Fargo & Company decreased their price objective on shares of Tesla from $130.00 to $125.00 and set an "underweight" rating for the company in a report on Thursday, January 29th. HSBC restated a "reduce" rating on shares of Tesla in a research report on Monday, November 17th. Piper Sandler reaffirmed an "overweight" rating on shares of Tesla in a research report on Thursday, January 29th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $510.00 price target on shares of Tesla in a report on Thursday, January 29th. Eighteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the company's stock. Based on data from MarketBeat, Tesla has a consensus rating of "Hold" and a consensus target price of $408.09.