Tesla, the electric car maker, is now owned by a number of large institutional investors. According to recent data, these investors now own more than 44% of Tesla’s stock. Most of these owners are traditional investment managers, such as BlackRock, Vanguard, and State Street.

Individuals, including Tesla CEO Elon Musk, only own 14.9% of the company’s stock. Of this 14.9%, the vast majority is owned by Musk himself. The only other large individual investor is Oracle (ORCL) founder Larry Ellison, who owns a small stake in Tesla.

Tesla’s institutional investors have been steadily increasing their ownership of the company’s stock over the past few years. In December 2020, institutional investors held a total of 44.3% of Tesla’s stock, up from 37.3% in December 2019.

The increase in institutional ownership of Tesla’s stock is likely due to the company’s strong performance in 2020. Tesla’s stock price has more than quadrupled since the start of the year, and the company has become the world’s most valuable automaker.

It is likely that institutional investors will continue to increase their ownership of Tesla’s stock in the future. With the company’s stock price continuing to rise, and its market capitalization reaching over $600 billion, it is clear that institutional investors see Tesla as a good long-term investment.

Overall, it is clear that institutional investors now own the majority of Tesla’s stock. While individuals like Elon Musk and Larry Ellison still own a significant portion of the company’s stock, the majority of ownership is now in the hands of institutional investors.

Influencer Magazine UK