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flag Deutsche Bank cut Tesla's price target but kept a "buy" rating, as insiders sell over $166M in stock.

flag Deutsche Bank lowered Tesla's price target to $345 from $420 but maintained a "buy" rating. flag Despite the downgrade, Tesla's stock has a "Hold" consensus rating and an average target price of $318.34. flag The company's market cap is $878.53 billion, with a P/E ratio of 133.89. flag Tesla's directors have been selling shares recently, and insiders have sold over $166 million in stock over the past 90 days.

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