Image from MarketBeat Media, LLC. Key Points Strategy Capital LLC cut its Tesla stake by 34.3% in Q3, selling 54,625 shares and ending the period with 104,855 shares valued at $46.63 million (about 3.1% of its portfolio and its 10th largest holding). Heavy institutional and insider activity: Norges Bank reportedly bought a new Tesla stake worth roughly $11.84 billion, while insiders sold 142,551 shares (~$63 million) in the past 90 days, including large dispositions by Kimbal Musk and James Murdoch. Mixed fundamentals and analyst views: Tesla slightly beat quarterly EPS estimates ($0.50 vs. $0.45) though revenue fell 3.1% YoY, shares trade at a high P/E (~367), and analysts are divided (consensus "Hold" with an average target of $406.84 while Bank of America initiated coverage with a $460 Buy rating). Tesla’s 2026 May Hinge on a March 9 Outcome Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating 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 company had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the prior year, the firm earned $0.73 earnings per share. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Analysts Set New Price Targets TSLA has been the topic of a number of analyst reports. Bank of America initiated coverage on shares of Tesla in a research note on Wednesday, March 4th. They issued a "buy" rating and a $460.00 price target on the stock. BNP Paribas Exane decreased their target price on shares of Tesla from $313.00 to $280.00 and set an "underperform" rating for the company in a report on Monday, March 2nd. Wedbush reiterated an "outperform" rating and set a $600.00 price target on shares of Tesla in a report on Thursday, January 29th. New Street Research raised their price target on shares of Tesla from $520.00 to $600.00 and gave the company a "buy" rating in a research report on Tuesday, January 6th. Finally, Glj Research restated a "sell" rating on shares of Tesla in a report on Tuesday, February 24th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $406.84.