Image from MarketBeat Media, LLC. Hillsdale Investment Management Inc. lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 326.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,761 shares of the electric vehicle producer's stock after purchasing an additional 12,830 shares during the quarter. Hillsdale Investment Management Inc.'s holdings in Tesla were worth $5,324,000 at the end of the most recent quarter. Get Tesla alerts: MarketBeat Week in Review – 11/17 - 11/21 Several other hedge funds and other institutional investors have also recently made changes to their positions in TSLA. First Merchants Corp boosted its position in Tesla by 1.3% during the second quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer's stock worth $767,000 after purchasing an additional 31 shares in the last quarter. Alaska Wealth Advisors boosted its position in shares of Tesla by 3.4% in the 2nd quarter. Alaska Wealth Advisors now owns 985 shares of the electric vehicle producer's stock worth $313,000 after buying an additional 32 shares in the last quarter. KWB Wealth grew its stake in Tesla by 2.4% in the 2nd quarter. KWB Wealth now owns 1,381 shares of the electric vehicle producer's stock valued at $439,000 after acquiring an additional 33 shares during the last quarter. Conrad Siegel Investment Advisors Inc. increased its holdings in Tesla by 3.6% during the 2nd quarter. Conrad Siegel Investment Advisors Inc. now owns 976 shares of the electric vehicle producer's stock valued at $310,000 after acquiring an additional 34 shares in the last quarter. Finally, Guyasuta Investment Advisors Inc. raised its position in Tesla by 0.7% during the second quarter. Guyasuta Investment Advisors Inc. now owns 5,107 shares of the electric vehicle producer's stock worth $1,622,000 after acquiring an additional 34 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock. Analyst Ratings Changes Several research analysts recently issued reports on the company. HSBC restated a "reduce" rating on shares of Tesla in a research report on Monday. China Renaissance lifted their price objective on Tesla from $349.00 to $380.00 and gave the stock a "hold" rating in a research report on Friday, October 24th. Evercore ISI boosted their target price on shares of Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. raised their price target on shares of Tesla from $115.00 to $150.00 in a research note on Friday, October 3rd. Finally, Wall Street Zen raised shares of Tesla from a "sell" rating to a "hold" rating in a research report on Saturday, October 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, twelve have given a Hold rating and ten have issued a Sell rating to the company. According to MarketBeat.com, Tesla presently has an average rating of "Hold" and an average target price of $394.31.