Image from MarketBeat Media, LLC. Key Points Tesla shares fell 2.2% intraday, trading as low as $346.64 and last around $352.82 on volume up ~24% to ~77M shares, with the stock below its 50‑ and 200‑day moving averages. Positive developments — the NHTSA closed its probe and South Korea sales surged +330% YoY — were overshadowed by a Q1 delivery miss and rising inventories, which spurred downgrades and a high‑profile JPMorgan $145 target that amplified selling pressure. Analysts are divided: consensus is a "Hold" with an average target of $402.61 (19 Buys / 13 Holds / 10 Sells) while valuation looks stretched (P/E ~327), highlighting continued uncertainty about near‑term upside. Would a Tesla–SpaceX Merger Be the Ultimate Musk Move...or a Red Flag? Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results 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 company 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 quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.73 earnings per share. On average, equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year. Insider Activity at Tesla In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the stock in a transaction on Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares in the company, valued at $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 53,804 shares of company stock valued at $20,865,598. Corporate insiders own 19.90% of the company's stock. Hedge Funds Weigh In On Tesla Hedge funds have recently made changes to their positions in the stock. Networth Advisors LLC acquired a new stake in shares of Tesla during the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new stake in Tesla during the second quarter valued at $26,000. Davidson Capital Management Inc. grew its holdings in Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after acquiring an additional 27 shares during the period. Manning & Napier Advisors LLC bought a new position in shares of Tesla in the 3rd quarter worth about $29,000. Finally, CoreFirst Bank & Trust acquired a new position in shares of Tesla in the 2nd quarter valued at about $30,000. 66.20% of the stock is currently owned by institutional investors. About Tesla