Image from MarketBeat Media, LLC. Commerzbank Aktiengesellschaft FI raised its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 8.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,144 shares of the electric vehicle producer's stock after purchasing an additional 2,086 shares during the period. Commerzbank Aktiengesellschaft FI's holdings in Tesla were worth $12,516,000 as of its most recent SEC filing. Get Tesla alerts: MarketBeat Week in Review – 01/19 - 01/23 Several other hedge funds also recently made changes to their positions in the company. Relyea Zuckerberg Hanson LLC lifted its stake in Tesla by 0.4% in the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer's stock valued at $2,916,000 after buying an additional 23 shares during the last quarter. Equita Financial Network Inc. raised its position in Tesla by 2.8% in the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock valued at $380,000 after purchasing an additional 23 shares during the last quarter. VanderPol Investments L.L.C. boosted its stake in Tesla by 2.2% during the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock worth $464,000 after purchasing an additional 23 shares during the period. Resonant Capital Advisors LLC grew its position in Tesla by 0.3% during the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock worth $3,814,000 after purchasing an additional 23 shares during the last quarter. Finally, Pinnacle Bancorp Inc. increased its stake in Tesla by 4.1% in the third quarter. Pinnacle Bancorp Inc. now owns 609 shares of the electric vehicle producer's stock valued at $271,000 after purchasing an additional 24 shares during the period. Hedge funds and other institutional investors own 66.20% of the company's stock. Tesla Trading Down 3.1% Shares of TSLA opened at $435.20 on Tuesday. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.45 trillion, a P/E ratio of 290.13, a PEG ratio of 7.63 and a beta of 1.83. The firm's 50-day moving average is $445.33 and its two-hundred day moving average is $405.63. Wall Street Analysts Forecast Growth