How many Tesla shares does Elon Musk have? Who is this?

How many Tesla shares does Elon Musk have? Zachary Kirkhorn, who recently stepped down from his role as the CFO of Tesla, has a beneficial ownership of around 2.7 million shares, and amassed Tesla holdings worth nearly $590 million during his stint at the company.

Over the last couple of years, Musk also unlocked billions of dollars in Tesla shares under his compensation plan. Notably, Musk does not take any fixed salary or bonus from the company, and earns only ESOPs. That said, despite having unlocked shares, Musk’s stake in the company has come down due to his frequent stock sales – including a $23 billion sale in 2022 to fund his Twitter acquisition.

Looking at the external shareholders, as is the case with so many listed companies, Vanguard is the biggest institutional shareholder with a 6.97% stake, followed by BlackRock at 5.9%. State Street, Geode Capital Management, and Capital World Investors round out the top five institutional Tesla shareholders.

How many Tesla shares does Elon Musk have?

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.

See also  Do Teslas have Spare Tires? What is this Teslas about?

Tesla shares does Elon Musk

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 has stock in a number of businesses, including SpaceX and The Boring Company, but Tesla is by far his biggest 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.

Who is Tesla’s biggest shareholder?

Elon Musk is Tesla’s largest stakeholder, with 423.6 million shares, or 13.04% of the business.

Tesla’s CEO and co-founder Musk has contributed significantly to the company’s growth since its inception. Although he recently sold part of his Tesla stock, he has stated that he is still dedicated to the business and that he intends to hold onto the majority of his shares for the long haul.

Other significant Tesla stockholders include:

  • The Vanguard Group owns 6.25 percent of the company, followed by BlackRock with a stake of 5.94 percent, SSgA Funds Management with a stake of 4.61%, and Baillie Gifford & Co. with a stake of 3.04 percent.

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.

See also  When is The Tesla Roadster coming out? What is this Tesla?

Does Elon Musk still own PayPal?

PayPal is not still owned by Elon Musk. When PayPal was purchased by eBay in 2002 for $1.5 billion, he sold his shares of the company. Musk received $175 million from the transaction, which he used to finance SpaceX and Tesla as well as his other businesses.

Musk was one of PayPal’s founders and led the organization as CEO from 1999 to 2000. But following a disagreement with the company’s board of directors, he lost his job as CEO.

One of the most popular online payment systems in the world, PayPal is currently a division of eBay.

One of the richest persons in the world, Musk is currently the CEO of Tesla and SpaceX. He is a controversial personality as well, yet he is admired for his spirit of entrepreneurship and his outlook on the future.

Tesla shares does Elon Musk

How much money does Elon Musk actually have?

According to Forbes, Elon Musk’s net worth is thought to be over $216 billion. He is now the richest man in the world as a result.

Musk’s ownership positions in firms like Tesla, SpaceX, and other ones have contributed to his wealth. Along with other assets, he has real estate holdings.

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.

According to Musk, he intends to utilize his fortune to support his lofty objectives, which include populating Mars and creating artificial general intelligence.

See also  What is Sentry Mode Tesla? What is this Sentry Mode Tesla?

Does Elon Musk drive a Tesla?

Elon Musk does really drive a Tesla. He has stated that the Tesla Model S is his favorite car, and he has frequently been pictured operating one. Additionally, he has stated that when he has to transport his family, he uses a Tesla Model X.

Musk has been attempting to position Tesla as the world’s top manufacturer of electric cars because he is a strong proponent of the technology. Additionally, he has stated that he thinks electric cars are crucial for decreasing greenhouse gas emissions and halting climate change.

Tesla automobiles are renowned for their power, range, and innovation. Additionally, they rank among the most expensive electric vehicles available. Musk has asserted, though, that he thinks the price of electric vehicles will continue to drop over time, making them more accessible to consumers.

How many companies does Elon own?

Six businesses are owned by Elon Musk:

  • Tesla is a manufacturer of clean energy and electric vehicles.
  • SpaceX, a space transportation service provider and aerospace manufacturer Neuralink, a neurotechnology firm creating brain-computer connections
  • A corporation that builds tunnels called The Boring corporation
  • A social networking startup called Twitter
  • The company xAI does research and development in artificial intelligence.

In addition, Musk is a co-founder of OpenAI, a non-profit research organization that supports humane artificial intelligence. Additionally, he was a co-founder of the financial services website X.com and the online city guide software company Zip2.

Musk is a brilliant businessman and engineer who is passionate about leveraging technology to address some of the largest issues facing the planet. He is renowned for setting high standards for himself and being risk-taking. His businesses have had a big impact on many different industries, and they are at the forefront of creating cutting-edge technology that could upend the entire planet.

Tesla shares does Elon Musk

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

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *