Image from MarketBeat Media, LLC. Golden State Wealth Management LLC lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 25.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,143 shares of the electric vehicle producer's stock after acquiring an additional 4,524 shares during the quarter. Tesla comprises approximately 0.9% of Golden State Wealth Management LLC's holdings, making the stock its 24th biggest holding. Golden State Wealth Management LLC's holdings in Tesla were worth $7,034,000 as of its most recent SEC filing. Get Tesla alerts: 3 Reasons Tesla Could Be a $500 Stock by the End of the Month Other hedge funds and other institutional investors have also made changes to their positions in the company. Arcadia Investment Management Corp MI acquired a new position in shares of Tesla during the 1st quarter valued at $27,000. Chelsea Counsel Co. lifted its holdings in shares of Tesla by 59.7% during the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock valued at $28,000 after acquiring an additional 40 shares in the last quarter. LGT Financial Advisors LLC acquired a new position in shares of Tesla during the 2nd quarter valued at $29,000. Evergreen Private Wealth LLC lifted its holdings in shares of Tesla by 270.0% during the 2nd quarter. Evergreen Private Wealth LLC now owns 111 shares of the electric vehicle producer's stock valued at $35,000 after acquiring an additional 81 shares in the last quarter. Finally, Graybill Wealth Management LTD. purchased a new stake in Tesla during the 1st quarter worth $36,000. Institutional investors and hedge funds own 66.20% of the company's stock. Insiders Place Their Bets In other Tesla news, SVP Xiaotong Zhu sold 20,000 shares of the company's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $363.75, for a total value of $7,275,000.00. Following the completion of the transaction, the senior vice president owned 47,600 shares in the company, valued at approximately $17,314,500. This represents a 29.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director James R. Murdoch sold 120,000 shares of the company's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $350.29, for a total transaction of $42,034,800.00. Following the completion of the transaction, the director owned 697,031 shares of the company's stock, valued at approximately $244,162,988.99. This trade represents a 14.69% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 202,606 shares of company stock worth $75,588,902. Insiders own 19.90% of the company's stock. Tesla Price Performance