Will Tesla’s $10 Million Vehicle Grant Cause These Top Institutional Shareholders to Hold?

Tesla Motors (NASDAQ:TSLA) has received a $10 million grant from California to help build their rechargeable sport utility vehicle. The money will help them procure assembly equipment and add 500 workers to the facility. Tesla is contributing $50.2 million for the project which is likely to enter production by 2014.

Will Tesla Motors shareholders hold their holdings? They reported owning a total of 185,303 shares on 09/30/2012. The shares closed at $29.28 on 09/30/2012.

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Here are the ten largest positions in Tesla Motors, Inc. at the end of September 30th, 2012.

Shott Capital Management LLC held 185,303 shares on 09/30/2012 worth $5,425,672. This brought the portfolio total to 2.79%.

FMR LLC held 15,782,066 shares on 06/30/2012 worth $493,820,860. This brought the portfolio total to 0.1%.

Capital Research Global Investors held 6,489,063 shares on 06/30/2012 worth $203,042,787. This brought the portfolio total to 0.09%.

Marsico Capital Management LLC held 3,754,407 shares on 06/30/2012 worth $117,475,398. This brought the portfolio total to 0.47%.

Blackrock Advisors LLC held 3,100,719 shares on 06/30/2012 worth $97,021,500. This brought the portfolio total to 0.1%.

Vanguard Group Inc held 2,667,362 shares on 06/30/2012 worth $83,461,759. This brought the portfolio total to 0.01%.

Artisan Partners Limited Partnership held 2,456,000 shares on 06/30/2012 worth $76,848,242. This brought the portfolio total to 0.22%.

Cadian Capital Management LLC held 2,140,000 shares on 06/30/2012 worth $66,961,000. This brought the portfolio total to 2.39%.

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