Tesla Inc. (TSLA) shares pushed higher Friday, shaking off earlier weakness even as new SEC filings showed insider selling from a familiar name on the company's board.

A Form 4 filing revealed that Kimbal Musk, Tesla board member (and yes, Elon's brother), unloaded 56,820 shares in a transaction valued at roughly $25.6 million. Before you panic, though, insider sales aren't automatically a red flag. Executives and board members sell stock for all sorts of reasons—personal financial planning, portfolio diversification, buying a yacht—and it doesn't necessarily mean they're expecting the stock to tank.

Tesla's price action has been choppy lately, bouncing between gains and losses as traders digest a mix of factors: Federal Reserve policy expectations, developments in autonomous driving technology, and the broader mood toward high-growth tech stocks.

Evaluating Tesla's Fundamentals

So should you buy Tesla stock? That depends on what you're looking for. Revenue growth is usually a good starting point—after all, you're betting the business will keep expanding and making money. Tesla has posted average annual revenue growth of 21.91% over the past five years, which is solid.

Valuation tells another story. Tesla carries a forward P/E ratio of 200.0, meaning investors are paying $200 for every dollar of expected future earnings. Compare that to the average forward P/E of 19.11 among Tesla's peers, and you're looking at a significant premium. Whether that's justified depends on your view of Tesla's growth runway.

Price Action: Tesla shares were up 1.04% at $451.62 at the time of publication Friday, trading about 7.7% below the 52-week high. The day's trading range spanned from $441.67 to $463.01.