Image from MarketBeat Media, LLC. Key Points Trading down 4.6% — Tesla fell to $467.26 on Wednesday (from a $489.88 close) with 105.0M shares traded, about 6% above average, and is sitting above its 50‑day ($437.09) and 200‑day ($378.24) moving averages. Analyst consensus: "Hold" — MarketBeat shows a consensus "Hold" with an average price target of $400.86 (below the current price), while analyst ratings range from Strong Buy to Sell. Insider selling noted — Director Kimbal Musk sold 56,820 shares (~$25.6M) and CFO Vaibhav Taneja sold 2,637 shares recently; insiders own 19.9% of the stock and institutional investors hold 66.2%. Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal In other news, Director Kimbal Musk sold 56,820 shares of the company's stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm's stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. This trade represents a 16.09% decrease in their position. The SEC filing for this sale provides additional information. 19.90% of the stock is owned by corporate insiders. Hedge Funds Weigh In On Tesla Large investors have recently bought and sold shares of the company. Norges Bank acquired a new stake in Tesla during the second quarter worth approximately $11,839,824,000. Kingstone Capital Partners Texas LLC boosted its holdings in shares of Tesla by 581,880.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer's stock worth $2,044,683,000 after buying an additional 6,435,598 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock worth $79,856,764,000 after buying an additional 4,502,976 shares during the period. Amundi increased its stake in shares of Tesla by 29.4% in the 1st quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock valued at $4,482,789,000 after acquiring an additional 3,814,610 shares in the last quarter. Finally, Holocene Advisors LP lifted its position in shares of Tesla by 132.2% during the 3rd quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer's stock valued at $2,738,141,000 after acquiring an additional 3,505,000 shares during the period. 66.20% of the stock is currently owned by institutional investors. About Tesla