Tesla, Inc. (NASDAQ: TSLA) is one of the most influential and widely followed companies in the automotive and energy sectors. Its success is not only attributed to its innovative products but also to the diverse and dynamic group of investors who have backed the company over the years. This article will delve into the various types of investors in Tesla, including individuals, institutions, and other corporations.
Individuals
Elon Musk
The most prominent individual investor in Tesla is its CEO, Elon Musk. Musk owns approximately 22% of the company’s stock, making him the largest single shareholder. His influence extends beyond his financial stake, as he is a key driver of the company’s vision and strategic direction.
Other Notable Individuals
- Ivan M. Suttles: Tesla’s Vice Chairman, who owns around 5% of the company’s stock.
- Larry Ellison: Co-founder of Oracle Corporation, who has a significant investment in Tesla.
- Bill Gates: Co-founder of Microsoft, who has also invested in Tesla.
Institutions
Mutual Funds and ETFs
- Vanguard Group: One of the largest investors in Tesla, holding a significant number of shares through various mutual funds and ETFs.
- BlackRock: The world’s largest asset management firm, which has a substantial investment in Tesla.
- T. Rowe Price: A well-known investment management company that has been a long-time investor in Tesla.
Pensions and Endowments
- California Public Employees’ Retirement System (CalPERS): The largest public pension fund in the United States, which has a substantial investment in Tesla.
- California State Teachers’ Retirement System (CalSTRS): Another large pension fund that has invested in Tesla.
Banks and Financial Institutions
- Bank of America: A financial institution that has provided loans and investment banking services to Tesla.
- Goldman Sachs: An investment bank that has also provided financial services to Tesla.
Corporations
Automotive Industry
- Toyota: A Japanese automaker that has invested in Tesla through a $1.2 billion investment in 2017.
- Daimler: A German automaker that has invested in Tesla through a $580 million investment in 2014.
Technology and Energy Companies
- Batteries USA: A battery manufacturing company that has received funding from Tesla.
- SolarCity: A solar energy company that was acquired by Tesla in 2016.
Conclusion
Tesla’s investor base is a mix of individuals, institutions, and corporations from various industries. This diverse group of investors reflects the company’s broad appeal and its potential to disrupt multiple markets. As Tesla continues to grow and evolve, its investor base is likely to expand further, reflecting the company’s increasing influence in the global economy.