Image from MarketBeat Media, LLC. Alliancebernstein L.P. reduced its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 0.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,140,830 shares of the electric vehicle producer's stock after selling 1,195 shares during the quarter. Alliancebernstein L.P. owned approximately 0.10% of Tesla worth $997,716,000 as of its most recent filing with the SEC. Get Tesla alerts: Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal A number of other hedge funds have also bought and sold shares of the company. Chelsea Counsel Co. lifted its stake in shares of Tesla by 59.7% in the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 40 shares during the period. LGT Financial Advisors LLC bought a new stake in Tesla in the second quarter worth approximately $29,000. CoreFirst Bank & Trust acquired a new position in Tesla in the second quarter valued at approximately $30,000. ESL Trust Services LLC boosted its holdings in shares of Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock worth $32,000 after buying an additional 95 shares in the last quarter. Finally, Evergreen Private Wealth LLC grew its position 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 worth $35,000 after buying an additional 81 shares during the period. Institutional investors own 66.20% of the company's stock. Insider Buying and Selling In other Tesla news, Director James R. Murdoch sold 60,000 shares of the business's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $422.68, for a total value of $25,360,800.00. Following the transaction, the director owned 637,031 shares of the company's stock, valued at approximately $269,260,263.08. The trade was a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kimbal Musk sold 56,820 shares of the company's stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares of the company's stock, valued at $627,145,215.90. This trade represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 119,457 shares of company stock worth $52,137,945. 19.90% of the stock is owned by company insiders. Wall Street Analyst Weigh In