One of the largest manufacturers of automobiles, Tesla, Inc. works with automobiles and renewable energy sources. In 2003, Marc Tarpenning and Martin Eberhard established it. At first, it was called Tesla Motors in honor of Nikola Tesla, a brilliant inventor, and engineer. The headquarters of the American company is in Austin, Texas.
In addition to producing electric cars, Tesla also manufactures solar panels, solar tiles, and renewable energy-related products.
Tesla Inc. Ownership:
Elon Musk is the largest individual shareholder in the company; he owns approximately17 percent of the stock is represented by 163.58 million shares. With 28% of the market share in 2020, the company, led by Elon Musk has risen to the top of the electric vehicle industry. It will be the largest and most well-known manufacturer of electric vehicles.
Musk led the Series A round of investments in 2004, investing $6.5 million in the company and becoming Company’s chairman. Elon Musk’s estimated net worth in 2022 is approximately 25,050 crores US dollars, which is enormous.
Elon was very involved in this company and oversaw the design of the Roadster product. He worked hard for this company. With 655 locations and 110,000 employees, Tesla is now much larger.
As it is a publicly listed company, it holds many owners. Here is a list of top shareholders:
| Stockholder’s Name | Stake | Shares | Value |
|---|---|---|---|
| The Vanguard Group, Inc. | 6.20% | 194,251,740 | $51,525,274,035 |
| BlackRock Fund Advisors | 3.40% | 106,406,025 | $28,224,198,131 |
| SSgA Funds Management, Inc. | 3.04% | 95,363,172 | $25,295,081,373 |
| Capital Research & Management Co. | 2.89% | 90,506,664 | $24,006,892,626 |
| Natixis Investment Managers Inter… | 1.46% | 45,844,881 | $12,160,354,685 |
Net Worth Or Revenue:
Tesla generated $16.93 billion in revenue in the first quarter of 2022. There is a 42% increase over the previous year. It has been the market leader for a decade and is worth $899.03 billion. Data from 2021 show that Tesla has an operating income of $6.52 billion and a net income of $5.52 billion. Its market capitalization has surpassed $1 trillion as of 2021. It has assets worth $62.1 billion and equity worth $30.2 billion.
According to the Celebrity Net Worth has a net worth of $693.31 Billion.