<div id="readability-page-1"><p>Platform Technology Partners increased its position in  Tesla, Inc. (NASDAQ:TSLA - Free Report) by 32.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,956 shares of the electric vehicle producer's stock after acquiring an additional 3,657 shares during the period. Tesla comprises about  1.1% of Platform Technology Partners' investment portfolio, making the stock its 17th biggest holding. Platform Technology Partners' holdings in Tesla were worth $3,876,000 at the end of the most recent reporting period.</p><ul><li>Analysts Bet Big on Uber Stock's Expansion in Autonomous Driving</li></ul><p>Several other large investors also recently modified their holdings of TSLA. Norges Bank bought a new stake in shares of  Tesla in the fourth quarter worth $14,420,248,000.  FMR LLC grew its holdings in shares of  Tesla by 40.1% in the fourth quarter. FMR LLC now owns 34,661,400 shares of the electric vehicle producer's stock worth $13,997,660,000 after acquiring an additional 9,920,325 shares during the period.  GAMMA Investing LLC grew its holdings in shares of  Tesla by 27,378.6% in the first quarter. GAMMA Investing LLC now owns 9,812,316 shares of the electric vehicle producer's stock worth $2,542,960,000 after acquiring an additional 9,776,607 shares during the period.  Massachusetts Financial Services Co. MA grew its holdings in shares of  Tesla by 4,963.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,834,707 shares of the electric vehicle producer's stock worth $2,356,288,000 after acquiring an additional 5,719,466 shares during the period.  Finally, Northern Trust Corp lifted its position in  Tesla by 21.6% during the fourth quarter. Northern Trust Corp now owns 28,579,615 shares of the electric vehicle producer's stock valued at $11,541,592,000 after purchasing an additional 5,075,418 shares in the last quarter. Institutional investors own  66.20% of the company's stock. </p><h2>Tesla Trading Up 1.2%</h2><p>Shares of NASDAQ TSLA opened at $313.51 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The business's 50 day moving average price is $322.60 and its 200-day moving average price is $321.24. Tesla, Inc. has a fifty-two week low of $182.00 and a fifty-two week high of $488.54. The company has a market cap of $1.01 trillion, a price-to-earnings ratio of 172.26, a PEG ratio of 9.22 and a beta of 2.39. </p><ul><li>3 Stocks to Buy Ahead of the Upcoming Earnings Season</li></ul><p>Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The electric vehicle producer reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.26). Tesla had a return on equity of 9.02% and a net margin of 6.66%. The business had revenue of $19.34 billion during the quarter, compared to analysts' expectations of $22.93 billion. During the same quarter in the previous year, the company posted $0.45 earnings per share.  On average, sell-side analysts expect that  Tesla, Inc. will post 2.56 earnings per share for the current year. </p><h2>Wall Street Analyst Weigh In</h2><p>TSLA has been the topic of several analyst reports. Benchmark  reiterated a &#34;buy&#34; rating and set a $475.00 target price (up from $350.00) on shares of Tesla in a research report on Thursday, June 26th. Wedbush  reiterated an &#34;outperform&#34; rating and set a $500.00 target price on shares of Tesla in a research report on Tuesday. Truist Financial  set a $280.00 target price on Tesla in a research report on Tuesday, April 22nd. Robert W. Baird  reiterated a &#34;neutral&#34; rating and set a $320.00 target price on shares of Tesla in a research report on Monday, June 9th. Finally, Royal Bank Of Canada lowered their target price on Tesla from $314.00 to $307.00 and set an &#34;outperform&#34; rating on the stock in a research report on Wednesday, April 23rd. Ten investment analysts have rated the stock with a sell rating, fourteen have issued  a hold rating, seventeen have issued  a buy rating and one  has assigned  a strong buy rating to the company's stock. According to MarketBeat, the company  has an average rating of &#34;Hold&#34; and an average price target of $300.19.</p><ul><li>Tesla Stock Could Accelerate on New EV Tax Legislation</li></ul><p><b>View Our Latest Research Report on TSLA</b></p><h2>Insiders Place Their Bets</h2><p>In other Tesla news, Director Kimbal Musk sold 91,588 shares of the firm's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $357.39, for a total transaction of $32,732,635.32. Following the transaction, the director directly owned 1,463,220 shares in the company, valued at $522,940,195.80. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Xiaotong Zhu sold 15,000 shares of Tesla stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $323.81, for a total value of $4,857,150.00. Following the completion of the transaction, the senior vice president owned 67,600 shares in the company, valued at $21,889,556. This represents a 18.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 835,509 shares of company stock valued at $279,420,485. Corporate insiders own  20.70% of the company's stock. </p><h2>About Tesla</h2> (Free Report)<p>Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Tesla</li><li>Biggest Stock Losers - Today’s Biggest Percentage Decliners</li><li>Smart Investors Are Watching These 3 Undervalued Stocks</li><li>What Are Trending Stocks? Trending Stocks Explained</li><li>MarketBeat Week in Review – 07/07 - 07/11</li><li>Dividend Payout Ratio Calculator</li><li>The Meteoric Rise of Rocket Lab: A Space Stock to Watch</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNMQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNMQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Tesla Right Now?</h2><p>Before you consider Tesla, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tesla wasn't on the list.</p><p>While Tesla currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Platform Technology Partners increased its stake in Tesla, Inc. (NASDAQ:TSLA) by 32.4% in Q1, acquiring an additional 3,657 shares, bringing its total to 14,956 shares valued at $3.88 million. Other institutional investors also increased their holdings significantly. Tesla shares opened at $313.51, with a market cap of $1.01 trillion. The company reported earnings of $0.27 per share, missing estimates, and analysts have mixed ratings on the stock, with an average target price of $300.19.</p>

- Platform Technology Partners increased its stake in Tesla, Inc. by 32.4% in Q1, owning 14,956 shares valued at $3,876,000.  
- Other large investors, including Norges Bank and FMR LLC, also significantly increased their holdings in Tesla during the fourth quarter.  
- Tesla reported a quarterly earnings miss, with $0.27 earnings per share against an expected $0.53, and analysts have mixed ratings on the stock, averaging a "Hold" with a target price of $300.19.

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Tesla

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Platform Technology Partners Purchases 3,657 Shares of Tesla, Inc. (NASDAQ:TSLA)