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Despite missing financial targets, Tesla sees increased investment from institutional buyers like Trilogy Capital.
Institutional investors are increasing their stakes in Tesla, Inc. despite the company's recent financial results falling short of analysts' expectations.
Trilogy Capital Inc., for instance, boosted its holdings by 19.0%, acquiring 813 more shares, bringing the total to 5,101 shares valued at $1.32 million.
Tesla reported a $0.40 EPS, missing the expected $0.43, and $22.5 billion in revenue, under expectations of $23.18 billion.
Despite these misses, Tesla's market capitalization remains at $1.02 trillion, indicating continued investor confidence.
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A pesar de no alcanzar los objetivos financieros, Tesla ve un aumento en la inversión de compradores institucionales como Trilogy Capital.