Image from MarketBeat Media, LLC. Nvwm LLC reduced its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 93.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 451 shares of the electric vehicle producer's stock after selling 6,309 shares during the period. Nvwm LLC's holdings in Tesla were worth $143,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Get Tesla alerts: Rivian’s Chart Says Go, But Some Analysts Still Say No A number of other hedge funds have also recently added to or reduced their stakes in TSLA. LGT Financial Advisors LLC purchased a new stake in Tesla in the 2nd quarter worth $29,000. Chelsea Counsel Co. grew its position in shares of Tesla by 59.7% in the first quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 40 shares during the period. Evergreen Private Wealth LLC increased its stake in shares of Tesla by 270.0% during the second quarter. Evergreen Private Wealth LLC now owns 111 shares of the electric vehicle producer's stock worth $35,000 after purchasing an additional 81 shares in the last quarter. Maseco LLP acquired a new position in shares of Tesla during the 2nd quarter worth about $39,000. Finally, Morton Brown Family Wealth LLC lifted its stake in Tesla by 36.0% in the 2nd quarter. Morton Brown Family Wealth LLC now owns 136 shares of the electric vehicle producer's stock valued at $43,000 after buying an additional 36 shares in the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth TSLA has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on Tesla from $115.00 to $150.00 in a report on Friday, October 3rd. BNP Paribas Exane began coverage on Tesla in a research note on Thursday, October 16th. They issued an "underperform" rating and a $307.00 price objective for the company. TD Cowen raised their price objective on Tesla from $374.00 to $509.00 and gave the company a "buy" rating in a report on Thursday, October 9th. Canaccord Genuity Group dropped their target price on shares of Tesla from $490.00 to $482.00 and set a "buy" rating for the company in a report on Thursday, October 23rd. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Tesla in a research report on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have assigned a Hold rating and eleven have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $391.08.