Image from MarketBeat Media, LLC. Key Points Erste Group Bank upgraded Tesla from a “sell” to a “hold” rating, adding to a mixed analyst backdrop that currently averages to a Hold consensus on the stock. Wall Street remains split on Tesla, with 19 analysts rating it Buy, 19 Hold, and 4 Sell. The consensus price target sits at $404.37, below Tesla’s recent trading level around $418.45. Tesla’s latest quarterly results were mixed: it beat EPS expectations at $0.41 per share but missed revenue estimates, even as revenue rose 15.8% year over year. SpaceX IPO: Opportunity? Or the Ultimate Hype Trade? In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business's stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares in the company, valued at $18,300,145.89. The trade was a 35.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the company's stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at $8,147,700. The trade was a 14.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 55,218 shares of company stock valued at $20,609,455 in the last 90 days. 19.90% of the stock is currently owned by corporate insiders. Hedge Funds Weigh In On Tesla Institutional investors have recently modified their holdings of the stock. Norges Bank bought a new stake in shares of Tesla in the 4th quarter valued at $17,128,100,000. Corient Private Wealth LLC increased its position in shares of Tesla by 3,205.5% in the 4th quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer's stock valued at $9,650,811,000 after buying an additional 20,810,386 shares in the last quarter. Bank of America Corp DE increased its position in shares of Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer's stock valued at $9,334,211,000 after buying an additional 7,450,766 shares in the last quarter. Cardano Risk Management B.V. increased its position in shares of Tesla by 882.8% in the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer's stock valued at $3,688,630,000 after buying an additional 7,367,507 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock valued at $116,443,762,000 after buying an additional 6,538,720 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Key Headlines Impacting Tesla