Park Avenue Securities LLC increased its stake in shares of Tesla, Inc. ( NASDAQ:TSLA – Free Report ) by 8.4% in the second quarter, Holdings Channel.com reports. The firm owned 41,671 shares of the electric vehicle producer's stock after buying an additional 3,221 shares during the quarter. Park Avenue Securities LLC's holdings in Tesla were worth $10,908,000 at the end of the most recent reporting period. A number of other institutional investors have also added to or reduced their stakes in TSLA.

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