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flag Tesla's stock rose slightly despite lower earnings and a high P/E ratio, as institutional investors increased holdings.

flag Charter Oak Capital Management increased its Tesla stake by 1,200 shares to 2,144, valued at $681,000, while other institutions like Global Financial Private Client and Burns J W & Co. also adjusted holdings. flag Tesla reported second-quarter earnings of $0.40 per share, slightly below expectations, with revenue down 11.8% year-over-year. flag The stock traded around $416.85, with a market cap of $1.34 trillion and a high P/E ratio of 240.95. Insider sales totaled 208,606 shares worth $77.36 million in 90 days, including sales by James R. Murdoch and CFO Vaibhav Taneja. flag Analysts maintain a mixed outlook, with a consensus “Hold” rating and a target price of $310.79. flag The company operates in automotive and energy generation/storage segments.

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