Key Points AssuredPartners Investment Advisors LLC reduced its holding in Tesla, Inc. by 21.0%, now owning 17,920 shares valued at approximately $5.69 million. Insider sales included SVP Xiaotong Zhu, who sold 20,000 shares worth $7.27 million, reducing his ownership by 29.59%. Tesla's latest earnings report revealed a miss on EPS estimates and a year-over-year revenue decline of 11.8%, raising caution among investors. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? Other institutional investors and hedge funds have also bought and sold shares of the company. Cherry Tree Wealth Management LLC grew its position in Tesla by 86.3% during the 1st quarter. Cherry Tree Wealth Management LLC now owns 95 shares of the electric vehicle producer's stock worth $25,000 after acquiring an additional 44 shares during the last quarter. First PREMIER Bank grew its position in shares of Tesla by 79.2% in the 1st quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer's stock worth $25,000 after buying an additional 42 shares during the last quarter. Arcadia Investment Management Corp MI bought a new stake in shares of Tesla in the 1st quarter worth approximately $27,000. Chelsea Counsel Co. grew its position 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 worth $28,000 after buying an additional 40 shares during the last quarter. Finally, Centennial Bank AR grew its position in shares of Tesla by 833.3% in the 1st quarter. Centennial Bank AR now owns 112 shares of the electric vehicle producer's stock worth $29,000 after buying an additional 100 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors. Get Tesla alerts: