Tesla Stock Ownership - Who Owns Tesla in 2023? (2024)

FAQs

Who owns Tesla 2023? ›

Elon Musk co-founded and leads Tesla, SpaceX, Neuralink and The Boring Company. As the co-founder and CEO of Tesla, Elon leads all product design, engineering and global manufacturing of the company's electric vehicles, battery products and solar energy products.

Since the electric vehicle maker's last annual meeting in August 2022, Tesla's largest retail shareholder, Leo Koguan, has criticized Musk for selling billions of dollars worth of his Tesla holdings to finance a $44 billion buyout of Twitter.

Those analysts gave Tesla an average 12-month price target of $198.54, with a high target of $280 and a low target of just $85. For long-term investors looking for a company that could deliver higher-than-usual returns, Tesla may be a good bet.

The platform expects TSLA's price to hit $365 by the end of 2023, implying a strong upside of 65% compared to current price levels, according to data retrieved by Finbold.

On January 1, 2023, the Inflation Reduction Act of 2022 qualified certain electric vehicles (EVs) for a tax credit of up to $7,500. Qualifications include: Customers must buy it for their own use, not for resale. Use the vehicle primarily in the U.S.

'Billionaire Stocks': Bill Gates, Berkshire Hathaway (BRK.B)

The natural stock pick held by the world's wealthiest person is Microsoft (NASDAQ:MSFT), the giant tech company Bill Gates co-founded with Paul Allen in 1975. Gates still owns almost 103 million shares of the company worth $15.4 billion.

For what it's worth, Berkshire Hathaway stock delivered much greater gains than Apple did between the time Buffett made that comment and 2016 (when Berkshire initiated its position in the tech giant). Buffett won't buy Tesla stock until he's comfortable with its valuation.

The three largest individual shareholders of Apple are Tim Cook (CEO), Arthur D. Levinson (Independent Chairman), and Albert Arnold Gore (Independent Director and former U.S. Vice President).

Many people ask whether Tesla employees get a discount on Tesla cars or if they are given a Tesla car when joining the company. The simple answer is 'no. ' However, according to That Tesla Channel, employees are sometimes offered a company car to share among a group of workers or use as a personal vehicle.

Who is majority shareholder of Amazon? ›

The company offers consumers a variety of products and services, including retail goods, food, computing services, music and video streaming, security, and marketing services, among others. Its largest individual shareholders are company insiders: Jeff Bezos, Andrew Jassy, and Douglas Herrington.

Tesla, Inc. (TSLA) share price as of June 24, 2023, is $256.53. If you are investing from India, you can always check the valuation in the INR before investing.

According to Tesla's 2021 impact report, its batteries are designed to last the life of the vehicle, which the company estimates as roughly 200,000 miles in the U.S. and 150,000 miles in Europe.

According to the latest long-term forecast, Tesla price will hit $300 by the end of 2023 and then $450 by the end of 2024. Tesla will rise to $600 within the year of 2025, $700 in 2026, $900 in 2027, $1000 in 2028, $1100 in 2029, $1200 in 2030, $1300 in 2032 and $1400 in 2034.

Is Tesla stock a Buy, Sell or Hold? Tesla stock has received a consensus rating of buy. The average rating score is and is based on 61 buy ratings, 26 hold ratings, and 6 sell ratings.

“I think in 2025 it (Tesla) will be $500 to $600 (per share). And in eight to ten years, we ought to be somewhere around $4.5 trillion.” A market capitalization of $4.5 trillion would make Tesla more valuable than Apple and Saudi Aramco combined, a claim that Musk made in 2022.

According to the estimates cited above, Tesla stock could be worth between $564 and $2,326.138 a share in the next five years, implying potential over 1,000% gains based on the last closing price of $181.41, though this seems an ambitious target. Remember, these predictions can be wrong.

Stock Price Forecast

The 34 analysts offering 12-month price forecasts for Tesla Inc have a median target of 210.00, with a high estimate of 335.00 and a low estimate of 71.00. The median estimate represents a -19.76% decrease from the last price of 261.73.

Do you get a tax credit for buying a Tesla? Yes. The government allows for various tax credits for the purchase of plug-in electric vehicles (EV) or fuel cell vehicles (FCV). Tesla, arguably the most famed EV in the game, is on that list.

The Biden administration on Tuesday confirmed that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits after two of the three versions were eligible for half the credits.

Do Teslas qualify for federal tax credit? ›

The complete Tesla Model 3 and Y lineup now qualifies for a full $7,500 federal tax credit for clean cars. On Tuesday, the U.S. EPA officially added all Tesla Model 3 and Model Y variants to its list of tax-credit eligible vehicles.

#1 Jesse Livermore's shorting the Great Crash of 1929

After predicting the end of a period when US assets were booming in value, Livermore decided to short almost the entire stock market. That trade bagged him about $100 million, which is equivalent to over $1.4 billion today.

Berkshire Hathaway Inc.

Berkshire Hathaway, the conglomerate headed by legendary investor Warren Buffett, has the most expensive stock in the world, with shares trading at over $400,000 each.

Now we know why Warren Buffett has steered clear of Tesla, to Elon Musk's chagrin. Berkshire Hathaway CEO Warren Buffett. Warren Buffett said this weekend that he admires Elon Musk for his “dedication to solving the impossible,” and the Tesla CEO has urged Berkshire Hathaway to invest in his electric vehicle maker.

The reason Buffett isn't buying Tesla isn't that the company's business isn't in his wheelhouse. Instead, Buffett probably isn't comfortable with Tesla's valuation, moat, and management. Even if Tesla checked off all the boxes for Buffett, he could still view other stocks as even more attractive.

Tesla shares outstanding for the quarter ending March 31, 2023 were 3.468B, a 0.12% decline year-over-year. Tesla 2022 shares outstanding were 3.475B, a 2.63% increase from 2021. Tesla 2021 shares outstanding were 3.386B, a 4.22% increase from 2020.

Microsoft converted all of its shares into common stock by 2001, giving it roughly 18.1 million shares of Apple. And by the year 2003, Microsoft had sold its entire stake in Apple for $550 million.

Wayne relinquished his (10%) share of the partnership back to Jobs and Wozniak for $800 (equivalent to $4,114 in 2022), and one year later accepted a final payment of $1,500 (equivalent to $7,714 in 2022) to forfeit any potential future claims he might assert against the newly incorporated Apple.

Berkshire Hathaway is the largest shareholder of Coca-Cola, owning 9.2% of its shares. As of December 2022, the market value of Berkshire Hathaway's stake in Coca-Cola was $25.4 billion. Berkshire Hathaway owned 400 million shares in Coca-Cola and controlled 400 million shareholder votes as of December 2022.

Do Tesla workers get free Tesla? ›

Employees of Tesla are entitled to receive a discount on the purchase of a new Tesla vehicle, which can be as much as 6% off the manufacturer's suggested retail price (MSRP). Everyone who works for the company is eligible for this discount, regardless of their position or length of time with the company.

How much does Tesla in California pay? The average Tesla salary ranges from approximately $41,391 per year for Field Technician to $167,663 per year for Senior Software Engineer. Average Tesla hourly pay ranges from approximately $17.00 per hour for Test Operator to $45.94 per hour for Die Cast Engineer.

The typical Tesla owner has a household income over $130,000 per year, per the study. Tesla owners are also more likely to own a home.

Institutional investors hold a majority ownership of MSFT through the 72.38% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Packaged Software industry.

Disney is owned by many shareholders, as it's a publicly traded company. According to CNN Business News, the Vanguard Group, Inc. is the largest shareholder of Walt Disney Co.

The three largest shareholders of Pfizer, J&J and Merck are Vanguard, SSGA and BlackRock, the multi-trillion dollar funds which make investments on behalf of their clients and keep a cut for their service.

Can I buy stock directly from Tesla? No, you can't buy stocks directly from Tesla. You need to buy Tesla stock through a broker. If you don't already have one, choose a broker from our table and open an account to get started.

Invest in ETFs that hold Tesla stocks

The other way you can invest in Tesla stocks from India is through an ETF.

No, it isn't free to charge a Tesla at a charging station. Charging your Tesla at a Supercharger comes with a price, typically around 26 cents per kWh.

Is it expensive to repair a Tesla? ›

Yes, Tesla vehicles are quite expensive to fix. According to RepairPal, the average yearly Tesla maintenance cost is about $832 per year. The average among all car brands was a much lower $652 per year. Teslas also have the third-worst reliability score among all automakers.

Considering this, expect Tesla battery replacements to start between $20,000 and $35,000. However, these prices could increase as they do not include incidental expenses (like other parts) and labor.

“$400 is a price tag that is more relevant for 2025-2026 than 2023. While things are looking positive for the company overall, it's unlikely that 2023 is the year that takes Tesla to new heights. The price target for 2023, in my opinion – is more like $130-$140.”

Your Tesla Can Last for Over a Decade

If you're an average driver, you can expect to drive your Tesla for more than a decade before you think about a battery replacement. Beyond that, your Tesla can clock over one million miles if you replace the batteries and motor.

Historical dividend payout and yield for Tesla (TSLA) since 1971. The current TTM dividend payout for Tesla (TSLA) as of June 23, 2023 is $0.00. The current dividend yield for Tesla as of June 23, 2023 is 0.00%.

Founded by Martin Eberhard and Marc Tarpenning, Tesla is a publicly-traded company with Elon Musk as its largest shareholder. Its other main shareholders include The Vanguard Group, BlackRock Fund Advisors, and Geode Capital Management LLC.

2023 Tesla Model 3 Pricing

The 2023 Tesla Model 3 starts at $40,240. That's for the base version with rear-wheel drive and a maximum range of 272 miles. The Long Range model begins at $47,240. For those seeking maximum thrills in a Model 3 package, the Performance variant starts at just over $53K.

Is Elon Musk still the owner of Tesla? ›

He is the founder, CEO and chief engineer of SpaceX; angel investor, CEO and product architect of Tesla, Inc.; owner, CTO and chairman of Twitter; founder of the Boring Company and X Corp.; co-founder of Neuralink and OpenAI; and president of the philanthropic Musk Foundation.

Even though Elon Musk is the founder and CEO of Tesla, a company that makes electric cars, not all of the cars he owns are electric, which comes as a surprise to a lot of people. He does have a few Teslas, but he has also owned quite a few unique cars over the years.

Buffett hasn't avoided Tesla because he dislikes the company's CEO, Elon Musk. He recently called Musk "a brilliant, brilliant guy." So why doesn't Buffett own Tesla stock? Here's the biggest reason.

The latest criticism comes from Leo Koguan, who is the third largest shareholder of the company with 22.7 million shares in it, which translates to around $3.6 billion.

Typically, depending on the car, the most basic battery replacement in Tesla costs between $5,000 and $20,000. For the Model S premium sedan, replacing a Tesla battery costs around $13,000-$20,000. Model 3 entry-level sedan and Model X premium SUV battery replacement can cost at least $13,000 and $14,000, respectively.

What kind of car is Elon Musk driving? Tesla Model S is the car Musk drives the most. It is one of Tesla's most comfortable and spacious cars. It also has an impressive range of up to 405 miles and accelerates from 0-60mph in 2.4 seconds.

If yesterday you bought either a Tesla Model S or Model X at full price, you might not be too happy to read this: Tesla has once again introduced significant price cuts. The latest move sees the starting prices of the 2023 Model S and '23 Model X drop by roughly $5000 and $10,000, respectively.

Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $234.5 billion.

Let's try to understand Elon's level of IQ now that we know the obvious answer to that question. Elon Musk has a 155 IQ, which is regarded as being quite high. He is therefore more creative and quick to find solutions to issues than most people.

Its existing car factory on the outskirts of Shanghai, which the US firm owns outright, produced almost 711,000 cars last year, or 52% of its worldwide output — even with production being disrupted by the China's now-abandoned Covid Zero policy.

What car does Bill Gates have? ›

Answer: Bill Gates owns several high-end cars. Chief of these are include Ferrari 348, a Porsche 959, a Porsche 911 and a Porsche Taycan, which was the latest addition to his garage. Question: Does Bill Gates use a private jet? Answer: Yes, Bill Gates reportedly uses private aircraft.

Which car does Mark Zuckerberg use on a daily basis? The Facebook founder finds his daily comfort inside a Honda Fit or an Acura TSX. He has been spotted in these cars on multiple occasions.

He owns a wide portfolio of vehicles, ranging from sedans to performance cars and luxurious SUVs. He owns many exclusive cars from different manufacturers, like Bugatti, Cadillac, Ferrari, Koenigsegg, Lamborghini, Land Rover, Lincoln, Mercedes-Benz, and W Motors.