Image from MarketBeat Media, LLC. Capital Wealth Planning LLC grew its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 381.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,805 shares of the electric vehicle producer's stock after acquiring an additional 25,194 shares during the quarter. Capital Wealth Planning LLC's holdings in Tesla were worth $14,144,000 as of its most recent filing with the Securities & Exchange Commission. Get Tesla alerts: Tesla’s Big China Sales Spike Didn’t Excite Investors—Here’s Why Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion for the quarter, compared to analysts' expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business's revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.73 earnings per share. As a group, sell-side analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Wall Street Analysts Forecast Growth A number of brokerages have commented on TSLA. CICC Research boosted their price objective on Tesla from $450.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, December 18th. Wells Fargo & Company dropped their target price on Tesla from $130.00 to $125.00 and set an "underweight" rating on the stock in a report on Thursday, January 29th. Wedbush reiterated an "outperform" rating and set a $600.00 price target on shares of Tesla in a report on Thursday, January 29th. Benchmark reissued a "buy" rating on shares of Tesla in a research report on Wednesday, February 11th. Finally, Stifel Nicolaus set a $508.00 price objective on Tesla in a research note on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $406.84.