Here's Who Owns Tesla Now That Elon Musk Is Selling Out (2024)

FAQs

Here's Who Owns Tesla Now That Elon Musk Is Selling Out? ›

Big institutions now own more than 44% of Tesla's stock. Most of those owners are traditional investment managers. Individuals like Musk only own 14.9%, a vast majority which is Musk himself. The only other large individual investor is Oracle (ORCL) founder Larry Ellison.

Since Tesla is a publicly traded company, its ownership is distributed among several shareholders. Elon Musk is the majority shareholder of the company and currently holds about 13% of its shares. The next highest individual shareholder is Lawrence J.

Buffett hasn't avoided Tesla because he dislikes the company's CEO, Elon Musk. He recently called Musk "a brilliant, brilliant guy." So why doesn't Buffett own Tesla stock? Here's the biggest reason.

Elon Musk cofounded six companies, including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company. He owns about 23% of Tesla between stock and options, but has pledged more than half his shares as collateral for loans.

Elon Musk's brother and Tesla board member Kimbal Musk sold 100,000 Tesla shares worth almost $20 million on April 3.

Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. The company's name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, via a $6.5 million investment, Elon Musk became the largest shareholder of the company. He has served as CEO since 2008.

'Billionaire Stocks': Bill Gates, Berkshire Hathaway (BRK.B)

The natural stock pick held by the world's wealthiest person is Microsoft (NASDAQ:MSFT), the giant tech company Bill Gates co-founded with Paul Allen in 1975. Gates still owns almost 103 million shares of the company worth $15.4 billion.

The reason Buffett isn't buying Tesla isn't that the company's business isn't in his wheelhouse. Instead, Buffett probably isn't comfortable with Tesla's valuation, moat, and management. Even if Tesla checked off all the boxes for Buffett, he could still view other stocks as even more attractive.

Apple Stock Is No. 1 By Value

While Bank of America is the No. 1 Warren Buffett stock by number of shares, Apple is the No. 1 stock in Berkshire's portfolio by market value. That stake was worth a whopping $150.9 billion at the end of March 2023.

How much in debt is Tesla? ›

Currently, Ford has a total long-term debt of $140 billion, while GM is right behind with $115 billion in the same category. Tesla, on the other hand, has just $5 billion in long-term debt, and plenty of cash to show for it.

Tencent, known as one of the world's largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billion.

Late last year, after a wave of news reports pointing to sagging demand for his company's vehicles, Tesla Inc. TSLA 3.59%increase; green up pointing triangle Chief Executive Elon Musk sold almost $3.6 billion of his shares in the electric-car maker.

Its existing car factory on the outskirts of Shanghai, which the US firm owns outright, produced almost 711,000 cars last year, or 52% of its worldwide output — even with production being disrupted by the China's now-abandoned Covid Zero policy.

Tesla Inc (NASDAQ:TSLA)

The 35 analysts offering 12-month price forecasts for Tesla Inc have a median target of 187.40, with a high estimate of 300.00 and a low estimate of 71.00. The median estimate represents a -12.43% decrease from the last price of 213.99.

What kind of car is Elon Musk driving? Tesla Model S is the car Musk drives the most. It is one of Tesla's most comfortable and spacious cars. It also has an impressive range of up to 405 miles and accelerates from 0-60mph in 2.4 seconds.

Many people ask whether Tesla employees get a discount on Tesla cars or if they are given a Tesla car when joining the company. The simple answer is 'no. ' However, according to That Tesla Channel, employees are sometimes offered a company car to share among a group of workers or use as a personal vehicle.

Berkshire Hathaway is the world's most expensive stock. One of the main reasons why the company's stock is so expensive is because it never went through a stock split.

In terms of market capitalization, the United States of America's stock market is the biggest with a 55.9% market share of total world equity. In terms of the number of companies listed on a stock exchange, India's Bombay Stock Exchange is the biggest with more than 5000 companies listed on it.

Who owns most of the US stock market? ›

Our new analysis shows that foreign investors owned about 40 percent of US corporate equity in 2019, up substantially over the last few decades. Retirement accounts of US households owned about 30 percent in 2019, and the taxable accounts of US investors owned about 25 percent, which is most of the rest.

“I think in 2025 it (Tesla) will be $500 to $600 (per share). And in eight to ten years, we ought to be somewhere around $4.5 trillion.” A market capitalization of $4.5 trillion would make Tesla more valuable than Apple and Saudi Aramco combined, a claim that Musk made in 2022.

The EPS Rating for Tesla stock is 93 out of 99. The market status is showing a "confirmed uptrend." Tesla stock has formed a valid base but TSLA is not a buy right now. However, Tesla stock is signaling a move above the 200-day line and 200 level and is approaching its current buy point.

Notable risks include Tesla cars being too expensive with tax breaks and that the construction of its Gigafactory (battery factory) taking longer than expected. More broadly speaking, Tesla faces a competitive environment from both legacy automakers and other EV manufacturers.

Warren Buffett's Berkshire Hathaway acquired Dairy Queen for nearly $600 million in 1998. Dairy Queen CEO Troy Bader told Insider that Berkshire's ownership lets him invest for the long run. Bader explained how Dairy Queen has dealt with the pandemic, inflation, and new customer demands.

co*ke remains an attractive long-term investment idea based on resilient topline growth, high margins, and consistent excess investment returns for more than 20 years. That said, the stock is trading at a 10% premium to our $58 fair value estimate, and we'd wait for a better entry point.

Buffett prefers driving American cars, and the only foreign cars Buffett has owned are a Volkswagen Beetle and a Rolls Royce, both of which he owned for about a year in the 1960s. He has since primarily driven cars and Ford and General Motors cars, the most popular brand in his stable being the Cadillac.

How much is Apple in debt? ›

Total debt on the balance sheet as of March 2023 : $109.61 B

According to Apple's latest financial reports the company's total debt is $109.61 B. A company's total debt is the sum of all current and non-current debts.

Tesla reported record profits and record revenues for 2022, as the company heads into a new year facing a number of steep challenges. Profit for the year hit $12.6 billion, more than doubling since 2021 and beating the expectations of most analysts.

Despite what one might think, production costs in China were not cheap, nor were the main reason why Tesla decided to scale. The truth is the Chinese government had set up a policy for foreign automakers, who planned to build cars in China, to form 50/50 joint ventures with local players.

Tesla's China manufacturing operations are particularly vulnerable to an extended military conflict, though. A skirmish that develops into a short war could cut off trade and shut off the flow of supplies and finished product in and out of the Shanghai factory.

Blackrock. Blackrock, the world's largest asset manager, is the second-biggest institutional investor in Tesla with a 5.62% stake valued at $36.56bn. Founded in 1988, the New York-based firm has a mix of institutional and retail clients worldwide.

220.2 billion USD (2023)

Elon Musk / Net worth

Talulah Riley

m. 2013–2016

Talulah Riley

m. 2010–2012

Justine Musk

m. 2000–2008

All Tesla models are manufactured at the Tesla plant in Fremont, California, Barron's reports. Honda, Jeep and Lincoln also earned spots in the top 10 list.

Why is Elon Musk building a factory in China? ›

Elon Musk's electric car company Tesla says it is expanding in China as it builds a new factory to make its large-scale batteries. The plant in Shanghai will be able to produce 10,000 of its "Megapack" energy storage units a year, the firm says.

Elon Musk says he's upped his sleep to 6 hours per night—and that his old routine hurt his brain. Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. Elon Musk says his days of trying to sleep less and work more are over — at least, relatively speaking.

Born in South Africa in 1971, Musk moved to the US at the age of 17 to attend college, gaining degrees in physics and economics. He soon founded his first company, Zip2 — an online business directory service. This venture quickly made Musk very wealthy and he sold the business to Compaq for around $300m in 1999.

Elon Musk is taking the stand over his $50 billion Tesla compensation.

Tesla doesn't price cars the same way other automakers do.

Dealerships will offer incentives, charge additional fees, cut deals or haggle over options and financing, but the MSRP stays steady.

The typical Tesla owner has a household income over $130,000 per year, per the study.

The company offers consumers a variety of products and services, including retail goods, food, computing services, music and video streaming, security, and marketing services, among others. Its largest individual shareholders are company insiders: Jeff Bezos, Andrew Jassy, and Douglas Herrington.

The top ten vehicles hold approximately 78% of the market. The Tesla Model 3 had the most decline, from 30.7% of the market to 19.4%. The Chevrolet Bolt had the most increase, from 0.1% of the market to 9.7%.

Tesla share holder equity for 2021 was $31.015B, a 34.41% increase from 2020.

Who owns majority of Apple? ›

The three largest individual shareholders of Apple are Tim Cook (CEO), Arthur D. Levinson (Independent Chairman), and Albert Arnold Gore (Independent Director and former U.S. Vice President).

Jeff Bezos is the founder and current executive chairman of Amazon, the world's largest online retailer. Bezos has been involved with Amazon since its inception in 1994 and currently owns a 10% stake in the company. His stake is worth approximately $90 billion, making him one of the world's wealthiest people.

He was one of the first shareholders in Google, when he invested $250,000 in 1998. That $250,000 investment resulted in 3.3 million shares of Google stock, worth about $3.1 billion in 2017.

Electric vehicles account for less than 1% of the 250 million vehicles, SUVs, and light-duty trucks sold in the United States.

In its 2021 outlook, the IEA said electric cars would reach 15% of sales by 2030, a level nearly reached already in 2022.

A total of 14% of all new cars sold were electric in 2022, up from around 9% in 2021 and less than 5% in 2020. Three markets dominated global sales. China was the frontrunner once again, accounting for around 60% of global electric car sales.

Total debt on the balance sheet as of March 2023 : $2.67 B

According to Tesla's latest financial reports the company's total debt is $2.67 B. A company's total debt is the sum of all current and non-current debts.

Tesla, Inc. (TSLA) had Debt to Equity Ratio of 0.07 for the most recently reported fiscal year, ending 2022-12-31.

Total liabilities on the balance sheet as of March 2023 : $37.59 B. According to Tesla's latest financial reports the company's total liabilities are $37.59 B. A company's total liabilities is the sum of all current and non-current debts and obligations.