Image from MarketBeat Media, LLC. Key Points Canaccord Genuity raised its price target on Tesla to $551 (from $482), implying about a 12.8% upside, while the Street average target remains lower at $414.50 and consensus analyst rating is a "Hold." Tesla trades near its 52‑week high (opened at $488.53 vs. a 52‑week high of $498.83) with a market cap of $1.62 trillion and a stretched valuation (P/E ~326). Insider selling and mixed headlines add risk: director Kimbal Musk and the CFO sold notable stakes recently, and headlines range from a positive reinstatement of Elon Musk’s pay package and autonomy PR wins to concerns about Europe demand, continued Ark selling, and regulatory/safety scrutiny. Is Tesla Overvalued? 2 Reasons It Might Be a Bargain In other Tesla news, Director Kimbal Musk sold 56,820 shares of the firm's stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the sale, the director owned 1,391,615 shares of the company's stock, valued at $627,145,215.90. This trade represents a 3.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm's stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 19.90% of the company's stock. Institutional Investors Weigh In On Tesla A number of hedge funds and other institutional investors have recently modified their holdings of TSLA. Chapman Financial Group LLC bought a new position in shares of Tesla during the second quarter valued at about $26,000. Chelsea Counsel Co. raised its position in Tesla by 59.7% during the 1st 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 last quarter. LGT Financial Advisors LLC bought a new stake in shares of Tesla in the 2nd quarter worth approximately $29,000. Manning & Napier Advisors LLC purchased a new position in shares of Tesla during the third quarter valued at approximately $29,000. Finally, CoreFirst Bank & Trust purchased a new stake in Tesla in the second quarter worth $30,000. Institutional investors own 66.20% of the company's stock. Key Headlines Impacting Tesla