Key Points The New York State Teachers Retirement System reduced its holdings in Tesla, owning approximately $745.4 million worth of the stock, which constitutes about 1.6% of its total investment portfolio. Several institutional investors have recently adjusted their stakes in Tesla, with some increasing their holdings by significant percentages, highlighting ongoing interest in the electric vehicle market. Insider selling activity included a senior vice president selling 20,000 shares for $7.27 million, indicating a 29.59% decrease in his ownership, amidst a backdrop of declining earnings and revenue compared to the previous year. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? Several other institutional investors have also added to or reduced their stakes in the company. Uptick Partners LLC lifted its stake in Tesla by 11.5% in the second quarter. Uptick Partners LLC now owns 2,482 shares of the electric vehicle producer's stock worth $788,000 after purchasing an additional 256 shares during the last quarter. Copia Wealth Management lifted its stake in Tesla by 21.4% in the second quarter. Copia Wealth Management now owns 863 shares of the electric vehicle producer's stock worth $274,000 after purchasing an additional 152 shares during the last quarter. Keeler & Nadler Financial Planning & Wealth Management bought a new stake in Tesla in the second quarter worth about $226,000. Dock Street Asset Management Inc. lifted its stake in Tesla by 3.2% in the second quarter. Dock Street Asset Management Inc. now owns 2,217 shares of the electric vehicle producer's stock worth $704,000 after purchasing an additional 68 shares during the last quarter. Finally, IFG Advisors LLC lifted its stake in Tesla by 8.5% in the second quarter. IFG Advisors LLC now owns 3,131 shares of the electric vehicle producer's stock worth $995,000 after purchasing an additional 245 shares during the last quarter. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: