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First National Corp significantly boosted its Tesla holdings, yet Tesla fell short of financial forecasts.
Financial institution First National Corp increased its Tesla holdings by 151.7%, acquiring 1,223 additional shares.
Despite strong institutional investor interest, Tesla's recent quarter showed earnings of $0.27 per share, missing estimates by $0.26, and revenue of $19.34 billion, below the $22.93 billion expected.
Analysts forecast a 2.56 EPS for the year, with a stock "Hold" rating and a target price of $294.27.
Tesla designs and sells electric vehicles and energy systems.
30 Articles
First National Corp aumentó significativamente sus participaciones en Tesla, sin embargo, Tesla no cumplió con los pronósticos financieros.