Key Points Baskin Financial Services Inc. acquired a new stake in Tesla, Inc. by purchasing 810 shares valued at approximately $257,000 in the second quarter. Insider James R. Murdoch sold 120,000 shares of Tesla for over $42 million, representing a 14.69% decrease in his holdings. As of now, 66.20% of Tesla's stock is owned by institutional investors, highlighting significant institutional interest in the company. Lithium Americas: Why This 31% Rally Is More Than Just a Headline Other hedge funds have also recently bought and sold shares of the company. Cherry Tree Wealth Management LLC boosted its holdings in Tesla by 86.3% in the 1st quarter. Cherry Tree Wealth Management LLC now owns 95 shares of the electric vehicle producer's stock valued at $25,000 after purchasing an additional 44 shares during the period. First PREMIER Bank boosted its position in shares of Tesla by 79.2% during the 1st quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer's stock valued at $25,000 after acquiring an additional 42 shares in the last quarter. Arcadia Investment Management Corp MI acquired a new stake in shares of Tesla during the 1st quarter valued at about $27,000. Newton One Investments LLC boosted its position in shares of Tesla by 250.0% during the 1st quarter. Newton One Investments LLC now owns 105 shares of the electric vehicle producer's stock valued at $27,000 after acquiring an additional 75 shares in the last quarter. Finally, Chelsea Counsel Co. boosted its position in shares of Tesla by 59.7% during the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock valued at $28,000 after acquiring an additional 40 shares in the last quarter. 66.20% of the stock is owned by institutional investors. Get Tesla alerts: