Share on Stocktwits Elevate Capital Advisors LLC increased its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 179.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,711 shares of the electric vehicle producer’s stock after buying an additional 1,742 shares during the period. Elevate Capital Advisors LLC’s holdings in Tesla were worth $1,219,000 at the end of the most recent quarter. Get Tesla alerts: Other hedge funds have also bought and sold shares of the company. Narwhal Capital Management grew its holdings in Tesla by 32.8% in the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock worth $4,232,000 after purchasing an additional 2,350 shares during the period. Gamco Investors INC. ET AL grew its holdings in Tesla by 29.6% in the third quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock worth $14,487,000 after purchasing an additional 7,446 shares during the period. China Universal Asset Management Co. Ltd. grew its holdings in Tesla by 8.8% in the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock worth $21,571,000 after purchasing an additional 3,935 shares during the period. Ashton Thomas Private Wealth LLC grew its holdings in Tesla by 26.0% in the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock worth $8,019,000 after purchasing an additional 3,724 shares during the period. Finally, Nations Financial Group Inc. IA ADV grew its holdings in Tesla by 20.0% in the third quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer’s stock worth $7,367,000 after purchasing an additional 2,765 shares during the period. Institutional investors own 66.20% of the company’s stock. Tesla Stock Up 0.9% Shares of NASDAQ TSLA opened at $348.79 on Friday. The stock has a market capitalization of $1.31 trillion, a P/E ratio of 322.95, a P/E/G ratio of 10.54 and a beta of 1.91. The company has a 50-day moving average price of $392.91 and a 200-day moving average price of $424.81. Tesla, Inc. has a 1 year low of $222.79 and a 1 year high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business’s revenue was down 3.1% on a year-over-year basis. During the same period last year, the company earned $0.73 earnings per share. On average, equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Key Headlines Impacting Tesla