Image from MarketBeat Media, LLC. Key Points Tigress Financial initiated coverage on Tesla with a Buy rating and a $550 price target, implying roughly 29.4% upside from the prior close. Market sentiment is mixed: MarketBeat shows an average Hold rating and $408.09 consensus target, while Tesla trades at a lofty valuation (market cap ~$1.59T; P/E ~393) despite an EPS beat ($0.50 vs. $0.45) and a 3.1% year‑over‑year revenue decline. Tesla P/E Hits 400: 2 Reasons It's Still a Buy, 1 to Avoid In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the business's stock in a transaction 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 transaction, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 transaction of $25,606,501.20. Following the completion of 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 SEC filing for this sale provides additional information. In the last 90 days, insiders sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is currently owned by company insiders. Institutional Trading of Tesla Several institutional investors have recently added to or reduced their stakes in TSLA. Narwhal Capital Management grew its stake in shares of Tesla by 32.8% during the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer's stock valued at $4,232,000 after purchasing an additional 2,350 shares during the last quarter. Norges Bank acquired a new position in Tesla during the 2nd quarter worth $11,839,824,000. Police & Firemen s Retirement System of New Jersey boosted its position in Tesla by 5.6% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer's stock valued at $135,688,000 after buying an additional 22,607 shares during the last quarter. AustralianSuper Pty Ltd raised its position in shares of Tesla by 1,823.0% during the second quarter. AustralianSuper Pty Ltd now owns 68,325 shares of the electric vehicle producer's stock worth $21,704,000 after acquiring an additional 64,772 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in Tesla by 26.0% in the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer's stock valued at $8,019,000 after acquiring an additional 3,724 shares during the last quarter. Institutional investors own 66.20% of the company's stock. Key Stories Impacting Tesla