Image from MarketBeat Media, LLC. Key Points James Murdoch, a Tesla director, sold 60,000 shares on Jan. 2 at an average price of $445.40 for about $26.7 million, cutting his stake by 9.42% to 577,031 shares, according to an SEC filing. Tesla shares traded down to $432.96 on heavy volume as investors weigh a quarterly beat in EPS and revenue against a second consecutive annual delivery decline, valuation concerns and intensifying competition. MarketBeat Week in Review – 12/29 - 01/02 Large investors have recently made changes to their positions in the business. Relyea Zuckerberg Hanson LLC boosted its position in shares of Tesla by 0.4% in the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer's stock worth $2,916,000 after buying an additional 23 shares during the period. Equita Financial Network Inc. lifted its position in Tesla by 2.8% during the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock worth $380,000 after acquiring an additional 23 shares in the last quarter. VanderPol Investments L.L.C. boosted its holdings in Tesla by 2.2% in the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock worth $464,000 after acquiring an additional 23 shares during the period. Resonant Capital Advisors LLC grew its position in Tesla by 0.3% in the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock valued at $3,814,000 after acquiring an additional 23 shares in the last quarter. Finally, Cloud Capital Management LLC raised its stake in shares of Tesla by 1.1% during the third quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock valued at $923,000 after purchasing an additional 23 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock. Trending Headlines about Tesla