Image from MarketBeat Media, LLC. Key Points BI Asset Management trimmed its Tesla stake by 6.1% in Q3, holding 253,032 shares after selling 16,358, with those holdings valued at about $112.5 million and representing 1.0% of its portfolio (its 11th largest holding). Insiders have been selling: Kimbal Musk sold 56,820 shares (~$25.6M) and James R. Murdoch sold 60,000 shares (~$26.7M); insiders sold 119,457 shares in the past 90 days and now own 19.90% of the company. Tesla faces a mix of catalysts and risks — rising China shipments and a lower‑priced Model Y variant versus legal, competitive and analyst downgrade pressures — while trading at a very high valuation (PE ~376) with a consensus target of about $403.92 and split analyst ratings (17 Buy / 14 Hold / 9 Sell). Revisiting Hertz’s Amazon Partnership 5 Months Later: The Good, the Bad, the Risk In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the transaction, 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 filing with the SEC, which is available at the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the transaction, the director owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 119,457 shares of company stock valued at $53,501,145. Insiders own 19.90% of the company's stock. Wall Street Analysts Forecast Growth TSLA has been the topic of a number of analyst reports. Melius Research set a $520.00 target price on shares of Tesla and gave the stock a "buy" rating in a research report on Monday, October 13th. New Street Research raised their price objective on Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a report on Tuesday, January 6th. Benchmark reaffirmed a "buy" rating on shares of Tesla in a research report on Thursday, October 23rd. Canaccord Genuity Group set a $520.00 target price on Tesla in a research report on Thursday, January 29th. Finally, Evercore ISI lifted their price target on Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday, October 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $403.92.