Image from MarketBeat Media, LLC. Key Points Sound Income Strategies LLC increased its Tesla stake by 9.7% in Q3, buying an additional 1,888 shares to own 21,338 shares worth about $9.294 million. Insider sales were sizable: CFO Vaibhav Taneja sold 2,637 shares for roughly $1.17 million and director Kimbal Musk sold 56,820 shares for about $25.6 million, leaving insiders with 19.90% ownership. Market sentiment is mixed: the consensus rating is a "Hold" with a $404.14 target, even as bullish analysts push targets to $500–$520 and Tesla announces positives like a ~$1.2B German battery investment and robotaxi testing, amid ongoing regulatory and sales risks. Wall Street Analyst Weigh In A number of equities analysts recently weighed in on the company. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $500.00 price target on shares of Tesla in a report on Thursday, October 23rd. Canaccord Genuity Group reduced their target price on Tesla from $490.00 to $482.00 and set a "buy" rating for the company in a research note on Thursday, October 23rd. Melius began coverage on shares of Tesla in a research note on Monday, October 13th. They issued a "buy" rating and a $520.00 price target on the stock. Piper Sandler restated an "overweight" rating and set a $500.00 price objective on shares of Tesla in a research report on Tuesday, December 9th. Finally, Evercore ISI lifted their target price on shares of Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $404.14.