How much of Tesla does Elon Musk own? Who is this Elon Musk

How much of Tesla does Elon Musk own? Elon Musk is Tesla’s biggest shareholder, and holds over 411 million shares for a 12.95% stake in the company – currently valued at just under $90 billion. Among insiders, Musk’s brother and TSLA board director Kimbal Musk owns around 1.6 million shares, estimated to be worth around $346 million.

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.

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How much of Tesla does Elon Musk own?

Elon Musk holds 13.04% of Tesla’s outstanding shares as of October 3, 2023. This is worth almost $90 billion, giving him the company’s largest shareholder.

Although Musk has started selling some of his Tesla stock recently, he still holds the majority of the company’s shares and serves as its CEO. In addition, he founded The Boring Company, Neuralink, and is the CEO and creator of SpaceX.

Musk is a contentious character, yet he is also one of his generation’s most successful businessmen. His businesses have transformed the tunneling, electric vehicle, and aircraft industries.

It’s unknown what Musk has in store for Tesla in the long run, although he has stated that he wants to make Tesla the top supplier of sustainable energy goods and services worldwide. Additionally, he has stated that he wants to lower the price of Tesla cars and increase their availability to more people.

Owning a big portion of Tesla offers Musk a great deal of control over the business, which is important. He has a reputation for making bold choices and taking chances, which has contributed to Tesla’s rise to the top of the global electric vehicle industry.

The future of Musk’s ownership of Tesla is still uncertain, but it is obvious that he will play a significant role in it.

Who is Tesla’s largest shareholder?

With 13.04% of Tesla’s outstanding shares in his possession as of October 3, 2023, Elon Musk is the company’s largest stakeholder. The estimated worth of this is $90 billion.

How much does Elon Musk actually own?

As of October 3, 2023, Elon Musk has a net worth of almost $254 billion, making him the richest person on earth. His ownership interests in Twitter, Tesla, SpaceX, and other businesses have contributed to his riches.

13.04% of Tesla’s outstanding shares, or around $90 billion, are owned by Musk. Additionally, he owns 74% of Twitter, a $15 billion company. Musk also owns a sizable portion in SpaceX, which is estimated to be worth $127 billion.

Musk possesses a variety of personal assets, including a portfolio of real estate and a collection of cars, in addition to his ownership positions in several businesses.

Because it offers him a lot of power and influence, Musk’s riches is important. In addition to using his riches to advance his own ideas and ambitions, he is able to invest in new businesses and technology.

Musk is one of the most powerful and important persons in the world, yet it is unclear how his wealth may change in the future.

Who is the third largest Tesla shareholder?

Leo KoGuan, an Indonesian billionaire who owns around 2.3% of Tesla’s outstanding shares as of October 3, 2023, is the company’s third-largest shareholder. KoGuan, a passionate backer of Tesla and Elon Musk, has criticized the institutional investors in the business.

The founder and CEO of the international IT consultancy company SHI International is KoGuan. He also invests in other technology companies and is a philanthropist.

KoGuan’s Tesla stake is crucial since it offers him a say in how the business develops. He has criticized institutional Tesla stockholders for their short-term thinking and lack of backing for Musk. KoGuan has declared his commitment to assisting Tesla in achieving its objectives and his belief in the long-term vision of the company.

The future of KoGuan’s ownership of Tesla is still uncertain, but it is obvious that he will play a significant role in it.

Does Elon Musk still own PayPal?

PayPal is not still owned by Elon Musk. When eBay purchased PayPal in 2002 for $1.5 billion, he sold his firm shares.

Musk was one of PayPal’s founders and led the organization as CEO from 1999 to 2000. The company’s board of directors removed him from his role as CEO, but he continued to be a significant shareholder.

Musk became incredibly wealthy after selling his PayPal holdings. He invested in other businesses, such as SpaceX and Tesla, with the money he received from the sale.

One of the top international suppliers of online payment services, PayPal is now a publicly traded firm.

Musk has said that he regrets having sold his PayPal stock, although he has also expressed his pride in the company’s achievements. Additionally, he has stated that he continues to support PayPal’s goal of facilitating safer and easier online transactions.

How many dollars does Elon have?

According to Forbes, Elon Musk’s net worth will be $254 billion as of October 3, 2023. He is now the richest man in the world as a result.

Musk’s ownership positions in Twitter, Tesla, SpaceX, and other businesses have contributed to his riches. In addition, he owns a variety of personal possessions, such as a stable of properties and a fleet of vehicles.

Musk is one of the most powerful and important persons in the world, yet it is unclear how his wealth may change in the future.

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