Key Points Bleakley Financial Group LLC has reduced its stake in Tesla by 3.6%, now holding 94,479 shares valued at approximately $30 million. Institutional investments in Tesla have mixed movements, with Vanguard increasing its position by 1.5% but other firms like Goldman Sachs significantly boosting their stakes. Despite recent stock fluctuations, Tesla reported a net revenue of $28.10 billion for the quarter, exceeding analysts’ expectations, along with a modest earnings per share of $0.50. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? A number of other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in Tesla by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 246,887,705 shares of the electric vehicle producer's stock valued at $63,983,418,000 after acquiring an additional 3,694,524 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Tesla by 322.1% in the first quarter. Goldman Sachs Group Inc. now owns 26,590,525 shares of the electric vehicle producer's stock valued at $6,891,201,000 after purchasing an additional 20,291,139 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Tesla by 4.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 18,174,941 shares of the electric vehicle producer's stock valued at $4,710,218,000 after purchasing an additional 849,091 shares during the period. Amundi grew its holdings in shares of Tesla by 29.4% in the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock valued at $4,482,789,000 after purchasing an additional 3,814,610 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Tesla by 17.6% during the 1st quarter. Invesco Ltd. now owns 14,786,414 shares of the electric vehicle producer's stock worth $3,832,047,000 after buying an additional 2,211,300 shares during the period. 66.20% of the stock is owned by institutional investors and hedge funds. Get Tesla alerts: