Image from MarketBeat Media, LLC. Key Points MGO One Seven LLC increased its stake in Tesla by 23.6% in Q3 to 43,042 shares, valued at about $19.14 million, and roughly 66.2% of TSLA is held by institutional investors and hedge funds. Significant insider selling occurred recently: CFO Vaibhav Taneja sold 2,637 shares and Director Kimbal Musk sold 56,820 shares, with insiders offloading 119,457 shares worth about $53.5 million in the past three months. Tesla trades with a market cap of $1.49 trillion and a PE of 298.13, reported a recent beat with $0.50 EPS and $28.10 billion revenue for the quarter, and carries an average analyst rating of "Hold" with a $408.54 average price target. America’s New Favorite EV Isn’t Tesla—and the Stock May Surprise Several other hedge funds also recently added to or reduced their stakes in TSLA. Brighton Jones LLC grew its stake in Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after purchasing an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after buying an additional 931 shares during the last quarter. Bison Wealth LLC grew its position in shares of Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after acquiring an additional 3,558 shares in the last quarter. Salem Investment Counselors Inc. raised its position in shares of Tesla by 6.4% during the 2nd quarter. Salem Investment Counselors Inc. now owns 9,112 shares of the electric vehicle producer's stock valued at $2,895,000 after acquiring an additional 545 shares in the last quarter. Finally, Gallacher Capital Management LLC bought a new position in Tesla during the second quarter worth $260,000. 66.20% of the stock is owned by institutional investors and hedge funds. Get Tesla alerts: