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Tesla Inc [TSLA] Insider Musk Kimbal sells 75,000 Shares – Insider Selling Alert

Tesla Inc’s recently made public that its Director Musk Kimbal unloaded Company’s shares for reported $27.59 million on Feb 06 ’25. In the deal valued at $367.87 per share,75,000 shares were sold. As a result of this transaction, Musk Kimbal now holds 1,463,220 shares worth roughly $443.06 million.

Then, KIMBAL J MUSK bought 75,000 shares, generating $27,590,648 in total proceeds.

Before that, Taneja Vaibhav sold 7,000 shares. Tesla Inc shares valued at $2,681,789 were divested by the Chief Financial Officer at a price of $383.11 per share. As a result of the transaction, Taneja Vaibhav now holds 108,965 shares, worth roughly $32.99 million.

The Benchmark Company initiated its Tesla Inc [TSLA] rating to a Buy in a research note published on February 12, 2025; the price target was $475. A number of analysts have revised their coverage, including Wedbush’s analysts, who remained covering the stock and in late January has reiterated a ‘”an Outperform”‘ rating for it. Barclays also remained covering TSLA and reiterated its “an Equal weight” recommendation on January 15, 2025. BofA Securities revised its rating on January 07, 2025. It rated TSLA as “a Neutral” which previously was an “a Buy”.

Price Performance Review of TSLA

On Tuesday, Tesla Inc [NASDAQ:TSLA] saw its stock fall -8.39% to $302.80. Over the last five days, the stock has lost -14.49%. Tesla Inc shares have fallen nearly -25.02% since the year began. Nevertheless, the stocks have risen 53.39% over the past one year. While a 52-week high of $488.54 was reached on 01/17/25, a 52-week low of $138.80 was recorded on 02/25/25. SMA at 50 days reached $397.55, while 200 days put it at $277.01.

Levels Of Support And Resistance For TSLA Stock

The 24-hour chart illustrates a support level at 290.40, which if violated will result in even more drops to 278.01. On the upside, there is a resistance level at 322.04. A further resistance level may holdings at 341.29. The Relative Strength Index (RSI) on the 14-day chart is 28.87, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -24.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.91%. Stochastics %K at 10.98% indicates the stock is a buying.

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