RMR Wealth Builders 13F: Cuts Tesla (TSLA) Stake by $1.5M

RMR Wealth Builders lowered its stake in Tesla, Inc. TSLA by 21.6% during the third quarter, according to a Form 13F filing with the SEC on October 22, 2026. The firm sold 4,358 shares during the period, bringing its total holding down to 15,796 shares. The reported value of the remaining position stood at approximately $5.6 million at the time of the filing. Tesla, Inc. closed at $374.58 on October 22, 2026.

TSLA Tesla, Inc.

$374.58 ▼ -14.49% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in RMR Wealth Builders's Tesla, Inc. Position

RMR Wealth Builders adjusted its exposure to Tesla, Inc. TSLA by cutting 4,358 shares from its portfolio during the quarter. The 21.6% reduction left the firm with 15,796 shares. Based on the filing values, the smaller stake was worth about $5.6 million.

Other Institutional Activity in Tesla, Inc.

Midwest Trust grew its holdings by 28,976 shares, ending with 214,234 shares worth about $76.0 million. Perigon Wealth Management reduced its holdings in Tesla, Inc. by 25.2% during the quarter, dropping 27,071 shares to finish with 80,129 shares valued at about $28.4 million.

Tesla, Inc. Stock Up 0.3%

Tesla, Inc. TSLA shares recently traded around $374.67 as of October 23, 2026. The stock sits above its 50-day moving average of $362.18, though it remains below its 200-day moving average of $386.94.

Recent Earnings

Tesla, Inc. generated trailing-twelve-month revenue of $103.6 billion alongside earnings of $1.08 per share. The company reported a net profit margin of 3.7% and a return on equity of 4.7%.

Insider Buying and Selling at Tesla, Inc.

Director Thompson Kathleen Wilson held shares valued at about $10.0 million in transactions filed earlier. Chief Financial Officer Vaibhav Taneja sold 3,000 shares on May 13, 2026, at an average price of $450.00 for a total of $1.35 million. Taneja later sold 2,605 shares on June 8, 2026, at $402.20 per share and another 2,605 shares on September 8, 2026, at $360.13 per share.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock around the filing date. UBS maintained its Neutral rating with a target of $425.00 on October 22, 2026. CLSA upgraded the stock to a Hold rating and raised its target to $400.00 on October 22, 2026. Canaccord Genuity maintained a buy rating and raised its target to $442.00 on October 22, 2026. Morgan Stanley maintained an Equal-Weight rating with a $410.00 target on October 22, 2026. BNP Paribas upgraded the stock to Neutral with a $420.00 target on October 22, 2026. Overall, the stock carries a consensus buy rating from 38 analysts with a mean price target of $397.83.

About Tesla, Inc.

Tesla, Inc. designs, manufactures, and sells electric vehicles, alongside energy storage and generation systems. The company operates across automotive and energy segments, offering passenger vehicles, regulatory credits, and related maintenance and insurance services globally.

Bottom Line

Institutional investors continue to adjust large positions in Tesla, Inc. TSLA as market conditions evolve. Watch for the company's next earnings report and further SEC filings to track how major funds position themselves in the stock.