Introduction
Elon Musk is a modern business mogul who is often referred to as the Tony Stark of the new age. He is the founder, Chief Executive Officer, and lead designer of Tesla, Inc. Musk is one of the most famous figures in the world of technology and business and has been one of the driving forces behind the electric car revolution. At present, he holds a stake of about 20% in the company which makes him a major investor in the company. So, the question arises – how much Tesla stock does Elon Musk actually own?
Tesla Stock Performance
Tesla’s stock performance over the years has been one of the most impressive in the stock market. In December 2020, the Tesla stock crossed the US$800 mark and was trading at US$814. It has been a strong performer and has seen its stock price skyrocket by more 750% just in the past year alone.
Elon Musk’s Contribution to the Growth
One of the primary reasons for the company’s success has been Elon Musk’s leadership and vision for the company. Musk has successfully managed to turn Tesla from a fledgling electric car maker into one of the leading automotive companies in the world.
Musk has also taken bold steps to push Tesla further ahead of the competition such as developing Autopilot mode for Tesla vehicles as well as creating a revolutionary battery technology which provides long-distance range for Tesla cars.
Elon Musk’s Stake in Tesla
Elon Musk owns a total of 33.7 million Tesla shares which translates to a stake of around 19% in the company. This stake is estimated to be worth approximately US$57.3 billion, making it one of the largest in the world.
Another interesting fact is that while Elon Musk is the largest shareholder in Tesla, he holds more than just monetary value in the company. He holds special voting rights in the company that grants him more voting power than ordinary shareholders, giving Musk a greater say in the company’s operations and decisions.
How Much Has Elon Musk Made From Tesla?
Elon Musk has earned billions of dollars through his investments in Tesla. In 2020 alone, Musk made a total of US$14.3 billion from the company, making him one of the richest people in the world. Musk is also estimated to own more than US$100 billion in Tesla stock, making him the largest individual shareholder in the most valuable automotive company in the world.
How Much Could Elon Musk Make in the Future?
The future of Tesla and Elon Musk’s stake in the company is still uncertain. Some analysts predict that the stock could double or even triple in the near future. If that happens, Musk could potentially make even more money from his shares in the company.
Does Elon Musk Still Stand to Make More Money?
Yes, Elon Musk still stands to make a lot of money from Tesla. He has a large stake in the company and it is expected that the stock will continue to rise in the future. Musk also has special voting rights which will give him more control over the company’s decisions and further increase his wealth.
Comparison with Warren Buffett
It is interesting to compare Elon Musk’s investment in Tesla with that of Warren Buffett’s. Warren Buffett is considered to be one of the most successful investors in the world and is known for making wise and long-term investments.
Buffett does not have the same stake in Tesla that Musk does and Buffett has a different investment strategy than Musk. While Musk is heavily invested in Tesla and makes money by increasing the value of Tesla’s stock, Buffett is more focused on the fundamentals of a company and prefers to make value investments that yield steady returns over time.
Conclusion
Elon Musk owns a 20% stake in Tesla, Inc. worth an estimated US$57.3 billion. He has made a lot of money from the company’s stock and could stand to make even more in the future. It will be interesting to see how Musk’s investment strategy compares to that of Warren Buffett’s and to watch how the Tesla stock continues to perform in the future.
