Citigroup increased its Tesla stake 10.1% to 8.69 million shares in Q3, worth about $3.09 billion at quarter-end, even as the position's value fell about 7% as the shares dropped. It more than doubled its Lucid stake (up 106% to 4.25 million shares) and raised its Rivian holding 39.7% to 8.56 million shares, while selling its small Faraday Future stake. Conversely, it cut its XPeng ADS holding 82.6% to 235,012 and its General Motors stake 5% to 1.70 million shares, while Ford rose 31% to 13.05 million. Citigroup's total reported holdings edged up to about $308.3 billion from $302.7 billion the prior quarter. TSLA stock has dropped 24% year to date, according to the filing report.
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TSLAelectric vehiclesCitigroup
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 11/04/2026 | 385.30 |
| Change that session | -3.31% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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