Who Owns Tesla? Top Tesla Shareholders & Ownership Breakdown 2025

Tesla is predominantly owned by institutional investors, with Elon Musk as its largest individual shareholder. As of September 2025, Tesla’s market cap is around $1.46 trillion, as it leads the global electric-vehicle (EV) market. Among the top owners are institutions like State Street (the third-largest institutional holder) and individual shareholders like Larry Ellison, alongside an active Tesla board of directors guiding corporate governance and strategy. 

In this article, we outline the top ten largest Tesla shareholders. This material is for informational purposes only and not financial advice. Consult a financial advisor before making investment decisions. 

📊 2025 Shareholder Updates 

• Elon Musk: Holds roughly ~13.0 % of Tesla stock. 
• Vanguard Group: Largest institutional investor owning around ~7.3 %. 
• BlackRock: Owns around ~5.8 %. 
• State Street: Owns around ~3.4 %, maintaining third place among institutions. 
• Larry Ellison: Owns close to ~1.4 %, the largest outside individual stakeholder after Elon Musk. 
• Total shares outstanding: ~3.3 billion. 

*As of 29 September 2025. Yahoo Finance. 

Key Takeaways 

• Tesla (TSLA) has around 3.3 billion shares outstanding.  
• Elon Musk owns around 13% of Tesla stock. 
• Tesla dominates the electric vehicle market, while Tesla Energy expands its solar and battery solutions. 
• Among major holders, State Street is the 3rd-largest institutional investor (~3.4 %), and Larry Ellison ranks as the 3rd-largest individual shareholder (~1.4 %). 

Tesla Shareholders Ownership Structure

Tesla was founded in 2003 by Martin Eberhard and Marc Tarpenning, with Elon Musk joining soon after as an early investor and board chair. The company went public in 2010, raising $226 million. After this, Tesla achieved significant growth compared to traditional car makers, achieving milestones like the Model S launch in 2012 and a record number of vehicle deliveries over 1.8 million units in 2024. 

While Tesla is a dominant player in the global electric vehicle market, it continues to diversify its revenue through other entities like Tesla Energy, which focuses on solar and battery storage solutions. Tesla's operations in China, which include its Shanghai Gigafactory, have also become crucial in helping to achieve a high production scale. 

Institutional investors, led by Vanguard and BlackRock, hold the majority of shares, with Elon Musk owning around ~13%. 

👉 Tesla's Key Timeline 

• 2003 – Founded by Eberhard & Tarpenning, Elon Musk joined soon after 
• 2010 – NASDAQ IPO (initial public offering) at $17 per share 
• 2012 – Model S release 
• 2020–2024 – Global EV leader, achieving over 1.8 million annual deliveries 

Tesla Shareholders: Top 5 Institutional Owners

These are the five largest institutional owners of Tesla, as of 29 September 2025:

1. Vanguard Group 

Founded in 1975, and one of the Big Three asset managers, Vanguard Group owns 246.9 million Tesla shares, around 7.67% overall. 

2. BlackRock Inc 

BlackRock is the second of the Big Three asset managers, with over $9.1 trillion in assets. It is a major institutional holder with around ~194.7 million shares, roughly ~6% of Tesla.

3. State Street Corp 

Rounding out the Big Three is State Street, which is the 3rd-largest institutional holder. It owns around ~111.7 million shares, which is around ~3.49% of the company. The Big Three asset managers control a large portion of Tesla, making them significant in its corporate governance.

4. Geode Capital Management 

Founded in 2001, Geode Capital Management is the fourth largest institutional Tesla shareholder, with around ~53.87 million shares, around ~1.7% of the company.

5. Capital World Investors 

Founded in 1931, Capital World Investors own roughly ~41.1 million shares, which is around 1.29% of Tesla.

Tesla Shareholders: Top 5 Individual Owners

The top five individual owners also have a deep involvement with the company. As of 29 September 2025, they include:

1. Elon Musk 

The largest individual Tesla shareholder is Elon Musk, with around ~411.4 million shares, representing around ~13% ownership. As CEO and product innovator, Musk may some sway over company governance and long-term strategy. His wider ventures support Tesla's innovation and leadership and include SpaceX, The Boring Company, Neuralink, and X Corp. In September 2025, Musk purchased an additional 2.6 million shares worth around ~$1 billion.   

2. Larry Ellison 

Larry Ellison is Tesla’s 2nd-largest individual shareholder with around ~3 million shares, representing around 1.4% of Tesla stock. As Oracle's co-founder, Ellison served on the Tesla board of directors from 2018 to 2022, forging a close relationship with Elon Musk. 

3. Kimbal Musk 

Kimbal Musk is a family shareholder and board member. As Elon Musk's younger brother, he is the third largest individual Tesla shareholder. He sits on the board of both Tesla and SpaceX. His background is in restaurants, having previously owned The Kitchen Restaurant Group and held a position on the board of Chipotle Mexican Grill and currently owns The Kitchen Restaurant Group. With over 1.7 million shares, worth $422 million, Kimbal Musk owns 0.05% of the company. 

4. Zachary Kirkhorn  

Former Chief Financial Officer Zachary Kirkhorn is no longer with the company but still holds around 2.68 million shares, representing around 0.08% of the company. 

5. Ira Ehrenpreis 

Ira Ehrenpreis is Tesla's Independent Director, Chair of the Nominating and Governance Committee, and Chair of the Compensation Committee. He owns around ~1.68 million shares, accounting for roughly ~0.05% of the company.

How to Invest in Tesla Shares

With Admiral Markets, you can trade and invest in over 4,000 stocks and ETFs, like Tesla with the following commissions on US stocks: From $0.02 per share, 1 USD minimum commission.  You can learn more about trading and investing commissions on the Admiral Markets Contract Specification page. Search for global stocks and ETFs from the MT5 web platform and invest in four steps:

1. Open an account with Admiral Markets by completing the onboarding procedure.
2. Click on Trade on one of your live or demo trading accounts to open the web platform.
3. Search for your symbol at the top of the search window.
4. Click Create New Order in the bottom window to open a trading ticket to input your trade size, stop loss and take profit level.

* Investing in shares involves risk. The value of Tesla stock may go down as well as up. You could lose some or all of your capital. 

👉 Key Considerations 

• Tesla is a leader in the growing EV market and has diversified revenue from Tesla Energy. 
• Potential growth in autonomous driving technology. 
• Tesla stock has very high volatility and exhibits sharp up and down price swings which may not be suitable for some investors. 
• Keep track of Tesla's vehicle delivery statistics as this performance can influence its share price. 
• Also, keep track of rivals that also compete in the EV sector. 

Conclusion 

Tesla continues to be one of the major global EV producers by market share in the electric vehicle market, but there is rising competition from legacy automakers (VW, Ford, etc) and new EV makers (BYD, etc). Expansion of Tesla Energy offers the potential for additional growth but it's important to keep track of any changes in ownership structure. For example, billionaire investor Leo KoGuan recently trimmed his stake in Tesla which reflects its changing ownership structure.

Continue Reading:

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FAQs on Largest Tesla Shareholders

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