Top Tesla Shareholders

Tesla, Inc. (TSLA), formerly known as Tesla Motors, has grown since its IPO in 2010 into one of the world’s biggest producers of electric vehicles under the leadership of CEO Elon Musk. The company sells cars, SUVs, and trucks. In addition to electric vehicles, Tesla has expanded into energy generation and storage systems.

Tesla stock joined the S&P 500 and S&P 100 on December 21, 2020, and the company reached a $1 trillion market capitalization the following year. As of February 28, 2025, Tesla has a trailing twelve-month revenue of $97.69 billion and gross profits of $17.45 billion. The market capitalization is $906.90 billion. Below, we’ll take a look at the top shareholders of Tesla based on the number of shares owned as of February 28, 2025.

Key Takeaways

• Tesla is the world’s most valuable auto manufacturer, with a market capitalization of $906.90 billion as of February 28, 2025.
• CEO Elon Musk is the largest shareholder, with 12.8% of the company’s equity as of February 28, 2025.
• Besides Musk, the largest shareholders are asset management companies like Vanguard, BlackRock, and State Street.

Elon Musk

Tesla CEO Elon Musk is the largest shareholder in Tesla. With over 410 million shares, Musk holds 12.8% of all Tesla shares. In addition to serving as co-founder and CEO of Tesla beginning in 2003, Elon Musk also is CEO of SpaceX, Neuralink, and The Boring Company. He was also co-founder of PayPal Holdings, Inc. (PYPL). According to Forbes, as of February 28, 2025, Musk is the richest person in the world, with a net worth of about $355.8 billion.

Vanguard Group

Vanguard Group holds over 243 million shares of Tesla stock as of December 31, 2024, with a value of $69 billion. This accounts for about 7.56% of all outstanding shares. As one of the world’s largest asset managers, most of these shares are held on behalf of clients, who invest in Vanguard’s various mutual funds and exchange-traded funds.

The largest share of these are held in the Vanguard Total Stock Market Index Fund, which represents a cross-section of the market as a whole. Vanguard has more than $9.1 trillion in assets under management.

BlackRock Inc.

BlackRock, the world’s largest asset manager, holds about 202 million shares of Tesla stock as of December 31, 2024. BlackRock’s portfolio accounts for 6.29% of all Tesla shares. Like Vanguard, Blackrock does not directly own these shares—they are held on behalf of thousands of customers who invest in BlackRock’s ETFs and mutual funds. As of the first quarter of 2024, BlackRock’s portfolios hold a combined $10.5 trillion in assets under management.

State Street Corporation

State Street holds the third-largest institutional share of Tesla stock. As of December 31, 2024, State Street held about 112 million shares of Tesla, accounting for 3.49% of the total. As of the fourth quarter of 2024, State Street holds $4.7 trillion in assets under management.

How Much Is Elon Musk Worth?

Elon Musk has a net worth of $354.3 billion as of February 28, 2025, making him the richest person in the world.

How Much Is Tesla Worth?

Tesla closed at $281.95 per share on February 27, 2025, giving the stock a market capitalization (intraday) of $929.478 billion.

How Much of Tesla Is Held by Institutional Investors?

Institutional investors hold a substantial portion of Tesla shares, totaling about 66.20% of total shares outstanding.

How Much Tesla Stock Does Kimbal Musk Own?

Kimbal Musk, the younger brother of Elon Musk, owns a total of 1.46 million Tesla shares, accounting for less than 1% of the total. Musk holds a seat on Tesla’s Board of Directors. He also served on the board of SpaceX, the aerospace manufacturer and space exploration company whose CEO and founder is Elon Musk.

How Much Is SpaceX Worth?

Because SpaceX is not traded on public markets, it is difficult to assign a value to the company. A private sale in December 2023 valued the company at $175 billion, making it the most valuable pre-IPO company in history.

The Bottom Line

Tesla is a leading auto manufacturer and one of the most valuable companies in the world. As of 2024, the largest shareholder is CEO Elon Musk, who holds 12.8% of Tesla equity. Besides Musk, the largest shareholders are asset managers, like BlackRock and Vanguard.