Elon Musk is the largest individual shareholder of Tesla, the electric car company he co-founded in 2003. Musk currently owns 446.2 million shares of Tesla, representing 14.13% of the company’s stock. This makes his stake in the company worth an estimated $86.95 billion as of 06-Dec-2022.
Musk has been involved with Tesla since its inception, and his ownership of the company has grown steadily over the years. He was the largest shareholder as of December 2020, when he held around 16.9% of the company’s stock. His stake has grown since then, as Tesla’s stock price has surged.
Tesla’s second-largest shareholder is Baillie Gifford & Co., a Scottish investment management firm. The firm owns 8.5% of Tesla’s stock, which is valued at around $17.2 billion. Other large shareholders include T. Rowe Price Associates, Inc., which owns 6.3% of the company’s stock, and Fidelity Management & Research Company, which owns 5.2%.
Musk’s ownership of Tesla is unique in that he is the only individual shareholder with a significant stake in the company. Most of Tesla’s other shareholders are institutional investors, such as mutual funds, hedge funds, and pension funds.
Musk’s ownership of Tesla has been a source of controversy in recent years. Critics have argued that his large stake gives him too much influence over the company’s decisions, and that his interests may not always be aligned with those of other shareholders.
Despite the controversy, Musk’s ownership of Tesla has been a major factor in the company’s success. His vision and leadership have been instrumental in driving the company’s growth and success, and his stake in the company has made him one of the world’s wealthiest individuals.