How many shares of Tesla does Elon Musk own? Who is this?

How many shares of Tesla does Elon Musk own? Tesla (TSLA) is arguably among the most popular and most polarizing companies of all time. It is an important company, as it has led the electric vehicle (EV) transition in the automotive industry. Once dismissed as a niche by automakers, EVs are now at the forefront of almost all the legacy automakers’ business strategies, thanks to Tesla’s success – and its humongous market cap, which surpassed $1.2 trillion at the peak.

The brand Tesla is closely interwoven with its CEO Elon Musk, who also has interests in multiple other companies. So, how much influence does Elon Musk really have on Tesla? Here’s everything you need to know about Tesla’s ownership makeup, plus the different companies that Musk owns.

How many shares of Tesla does Elon Musk own?

Elon Musk has 423.6 million shares of Tesla, or 13.04% of the firm, in his own. He now holds the biggest number of individual Tesla shares.

Although Musk has been selling some of his Tesla stock lately, he has maintained his commitment to the company and stated that he intends to hold onto the majority of his shares for the long haul.

Anyone can purchase shares of Tesla because it is a publicly traded firm. Tesla stock is not appropriate for many investors due to its high price.

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 Tesla does Elon Musk own

What percentage of Elon Musk’s wealth is in Tesla stock?

Forbes estimates Elon Musk’s net worth to be around $216 billion. About $155 billion of that is invested in Tesla stock. This indicates that Tesla stock represents around 72% of Musk’s wealth.

Musk also owns stock in other businesses including SpaceX and The Boring Company, but Tesla is unquestionably his largest holding.

Recent years have seen huge fluctuations in Musk’s fortune, partly as a result of the erratic performance of Tesla’s shares. He is still among the world’s wealthiest people, nonetheless.

Musk’s money is not all liquid, which needs to be noted. He can’t just sell off all of his Tesla stock in one fell swoop without affecting the stock price. He can, however, sell a portion of his shares each year to make money.

Does Warren Buffett own Tesla stock?

Warren Buffett doesn’t hold Tesla stock, to be clear. Tesla has never been a target of investment by Buffett’s investing firm, Berkshire Hathaway.

Buffett has stated that he is uncomfortable investing in Tesla because he does not get the company’s business strategy. Additionally, he has stated that he thinks Tesla’s stock is overpriced.

Buffett is renowned for his value investing approach, which entails purchasing shares of businesses that are currently trading for less than their true worth. He favors making investments in companies that he is familiar with and that have a proven track record of profitability.

Since Tesla is still a young business, it has yet to demonstrate that it can sustain long-term profitability. The business is also dealing with a number of difficulties, like as cost increases and competition from other automakers.

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Tesla’s stock price has increased in recent years despite Buffett’s lack of interest in the firm. One of the most valuable automakers in the world right now is Tesla.

Buffett is a tremendously successful investor, and his track record speaks for itself, it is crucial to mention. Even the most skilled investors occasionally make errors. Buffett might be mistaken about Tesla, and the business might go on to succeed in the future.

 Tesla does Elon Musk own

Who is the third largest Tesla shareholder?

Leo KoGuan is the third-largest Tesla shareholder. He is a multibillionaire investor from Indonesia who owns 22.6 million Tesla shares, or 0.7% of the business. KoGuan has been a vociferous opponent of short sellers and a strong backer of Tesla and its CEO Elon Musk.

KoGuan became wealthy in the technological sector. He is the company’s founder and CEO. SHI International offers international IT solutions. KoGuan is also a significant investor in a number of other Internet firms, such as Bytedance, the parent organization of TikTok.

In 2022, KoGuan started speaking out against short sellers, or investors who wager against a company’s stock price. KoGuan charged that short sellers were distributing false information about Tesla and influencing the stock price of the business. Additionally, he demanded that the US Securities and Exchange Commission look into short selling.

KoGuan is a divisive personality in the investment world because of his candor. He has a successful track record as a reputable investor, though. While it is unclear whether KoGuan would keep raising his investment in Tesla, as a sizable stakeholder, his influence over the firm is certain to grow in the next years.

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How many shares does Tesla have?

As of July 17, 2023, there were 3.174 billion outstanding shares of Tesla. Accordingly, there are 3.174 billion shares of Tesla stock in existence and on the market.

Under the ticker code “TSLA,” Tesla’s stock is traded on the Nasdaq stock market.

One of the most valuable automakers in the world, Tesla, has experienced significant volatility in the price of its stock. Nevertheless, the business has a sizable following among investors who are optimistic about its long-term prospects.

Do your own study and comprehend the hazards involved if you’re thinking about investing in Tesla. You should only invest money that you can afford to lose in stock investments because they might be dangerous.

Who is largest shareholder of Tesla?

Elon Musk, who owns 423.6 million shares, or 13.04% of the firm, is Tesla’s largest shareholder.

One of the richest men in the world, Musk is the co-founder and CEO of Tesla. He is renowned for setting high standards for himself and being risk-taking. One of the most valuable car companies in the world and a leader in the electric vehicle industry is Tesla.

Musk has recently sold some of his Tesla stock, but he has maintained his commitment to the company and stated that he intends to hang onto the majority of his shares for the long haul.

Anyone can purchase shares of Tesla because it is a publicly traded firm. Tesla stock is not appropriate for many investors due to its high price.

Tesla does Elon Musk own

Above is information about How many shares of Tesla does Elon Musk own? Who is this?. Hopefully, through the above content, you have a more detailed understanding of Tesla does Elon Musk own. Thank you for reading our post.

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