Introduction

Since its initial public offering (IPO) a decade ago, Tesla has grown under the direction of CEO Elon Musk to become one of the world's largest manufacturers of electric automobiles. This dealer offers a variety of vehicles, including cars, SUVs, and trucks. Along with electric automobiles, Tesla has grown into energy generation and storage technologies with the top Tesla shareholders.

Who Owns Tesla Stock?

How many people have shares of Tesla? Simply put, Elon Musk is the person who owns the most Tesla stock out of anyone. 163.58 million shares, or 15.66% of the corporation, are owned by him. On August 9, 2022, Musk revealed it in regulatory documents after selling TSLA stock for $6.9 billion. The CEO of Tesla and SpaceX claimed he required the funds to prevent having to sell TSLA stock in a time of need if he lost his impending legal dispute with Twitter over the latter's rejection of his bid to purchase the social media platform.

At the current share price of $850, Musk's investment in the company is worth $139.04 billion. 2.89 additional executives own percent of the Tesla business. Tesla has fewer institutional investors' portfolios than its key competitors. According to Wall Street Zen, institutional investors control more than 80% of GM, 61% of Rivian (RIVN), 52% of Lucid Motor (LCID), and 50% of Ford.

Most of Tesla's owners are institutional investors, including banks, financial services companies, asset management firms, investment advisors and managers, and investment advisory firms. They collectively hold the majority of Tesla's shares, and as a result, they substantially impact the firm's stock price.

Elon Musk

Musk has more than three times the amount of Tesla stock that the next-largest institutional shareholder does. Tesla's co-founder and current CEO, Elon Musk, has held that position since 2003. In addition, he serves as CEO of The Boring Company, Neuralink, and SpaceX. Musk, currently the third richest person in the world, co-founded PayPal, now known as PayPal Holdings, Inc. (PYPL). According to Forbes, Musk has a net worth of about $142.7 billion.

Susquehanna Securities

The Susquehanna International Group, of which Susquehanna Securities is a part, provides various services, including trading, quantitative research, and fundamental analysis. Susquehanna International owns and manages 13F securities worth around $522.2 billion. In addition to the shares above, Susquehanna International Group has 64.6 million put options and 54.3 million call options in Tesla. Susquehanna Securities largely owns Tesla.

Capital World Investors

Capital World Investors owns 52,2 million shares of Tesla, or 5.6% of the total number of outstanding shares, according to a 13F filing for the period ending September 30, 2020. Capital World Investors is a part of the financial management company Capital Group that specializes in equity investments. With an emphasis on active management techniques, Capital Group managed about $2.1 trillion in assets as of September 30, 2020. Tesla shares were the second-largest investment for Capital World Investors as of September 30, which accounted for about 4.9% of the company's portfolio.

The launch of a new shareholder platform has been announced by Tesla (TSLA) to organize its sizable investment community better. Over the years, Tesla has taken an unusual approach to investor relations. Elon Musk, the CEO of Tesla Inc., routinely expresses his rage with traditional Wall Street analysts during earnings calls and advocates for stronger ties with private investors. Tesla is now using "Say's," a platform that gathers investor questions and allows investors to vote on the most popular ones to ask of Tesla's management during the calls. Tesla is now apparently looking to Say and Plaid to build its platform.

Conclusion

Shares of Tesla increased in after-hours trading after rising by 0.4% during normal trading as shareholders, as expected, approved the company's proposed 3:1 stock split. To reduce the price of its shares from $925 to around $308 at today's closing price, Tesla announced plans to perform a 3:1 stock split in June. Despite declining by 20% this year along with the rest of the market, the electric vehicle maker established by billionaire Elon Musk has seen its shares rise by more than 200% since the previous stock split in August 2020.

Stock splits have been demonstrated to have no impact on a firm's market value. Still, they have a favorable short-term impact on share prices since they make investing in the company more accessible to regular investors. Early in June, when the 3:1 stock split was announced, shares of Tesla rose by more than 30%. About two years earlier, when the 5:1 stock split announcement was made, shares of Tesla rose by more than 70% in the 20 days that followed.