Tesla Inc. (TSLA) is the largest name in the automotive industry and one of the world’s largest producers of EVS. The company has grown significantly since the 2010 IPO under the leadership of Elon Musk, founder and CEO of Mercury and quirky billionaires, to Juggernaut, which has expanded its lineup of products to include energy generation and storage systems along with plug-in electric vehicles, SUVs and trucks.
Tesla joined the S&P 500 and S&P 100 indexes in December 2020, reaching a milestone of $1 trillion in market capitalization the following year. In 2024, the company generated revenue of $976.9 billion, with a total profit of $17.45 billion.
Musk remains Tesla’s largest shareholder, owning 12.8% of all TSLA stocks, but the company is also supported by mega investors such as BlackRock, Vanguard and Larry Ellison. In this article, we look at Tesla’s largest institutions and private investors based on the number of shares they hold.
Who is Tesla’s biggest shareholder?
Tesla is the world’s most valuable car company with a market capitalization of $1.016 trillion as of July 2025. The Silicon Valley-based company’s investor pool consists of individuals, retail and institutional investors.
Top 3 institutions TSLA shareholders
1. Vanguard Group
Vanguard Group, the largest asset management company, is Tesla’s largest institutional shareholder. As of July 2025, the company owns 246.887 million TSLA shares, worth $74.244 billion, accounting for approximately 7.67% of the Company’s outstanding shares.
As Vanguard is an asset manager, most of these shares are held on behalf of clients, who invest through the company’s various mutual funds and exchange sales funds (ETFs). As of 2024, the Pennsylvania-based investment company has $10.1 trillion assets (AUM) under its control.
2. Black Rock
BlackRock, the world’s largest asset management company with an AUM of $12 trillion, owns the largest number of Tesla shares after Vanguard. The New York-based company holds 255.68 million shares worth $61.85 billion. This portfolio represents 6.39% of all TSLA stocks.
Like Vanguard, BlackRock holds shares on behalf of clients who invest in companies such as Tesla through mutual funds and ETF offerings. The investment company has increased its Tesla holdings by 2.45% since 2024.
3. State Street Corporation
State Street Corp is Tesla’s third largest institutional shareholder with 1137.26 million shares worth $340.2 billion, making it 3.53% of its total outstanding. The Massachusetts-based asset manager has $4.73 trillion and $46.75 trillion AUMs in detention assets.
The holdings of State Street are replaced by clients, including both retail and institutional investors. They are exposed to companies like Tesla through mutual funds and ETFs.
Other prominent institutional shareholders of Tesla are:
- Geode Capital Management (1.97%)
- Morgan Stanley (1.41%)
- JPMorgan Chase (1.22%)
- Bank of America (0.77%)
- UBS Asset Management (0.73%)
- Charles Schwab Investment Management (0.56%)
- New York Bank Melon Co. (0.52%)
- Goldman Sachs Group (0.43%)
- Citigroup (0.35%)
Top 3 Individual TSLA Shareholders
1. Elon Musk
CEO Tesla is the company’s largest shareholder and owns 411.414 million TSLA shares worth $123.72 billion. Elon Musk’s holdings account for 12.77% of the total outstanding shares of the S&P 500 company.
In addition to Tesla, he is also the founder and CEO of SpaceX, X (formerly Twitter), Neuralink, and the Boring Company. The billionaire is also credited with co-founding Paypal, along with Peter Thiel, Luke Nose and Max Levchin. According to Forbes Magazine, Musk is the wealthiest person in the world with a net worth of $395 billion.
2. Herbert Kohler
Herbert Kohler is a former director of Tesla Motors, who worked between 2009 and 2014. It owns approximately 81 million TSLA shares, valued at around $3.3 billion, according to the company’s SEC filing.
He was crucial in the development of Tesla as an EV market leader and played a key role in growing the company into one of the most valuable automakers. Kohler resigned from his position in 2012, but he remains Tesla’s second-largest individual shareholder, following Musk, accounting for 0.25% of its total outstanding shares.
3. Larry Ellison
Larry Ellison, co-founder of cloud computing software company Oracle, is Tesla Stock’s third largest individual shareholder. The former Oracle billionaire CEO holds 3 million TSLA shares, accounting for 0.09% of the Company’s outstanding shares worth approximately $1.23 billion.
He served as director of Tesla’s board between 2018 and 2022, before which Ellison led Oracle for 37 years. According to Forbes, he is the third most abundant person in the world with a net worth of $258.8 billion.
Other prominent individual shareholders of Tesla are:
- Kim Balmsk
- Thank you Antonio
- Vaibhav Tanjea
- James Murdoch
- Natasha Mahmoudian
Conclusion
Elon Musk continues to be the largest shareholder of the world’s most valuable automakers. His ownership at Tesla has dropped significantly from 22% to 12.8% over the past year, but he remains in control of his decision-making. His interest in the company is much larger than that of other individuals or institutional shareholders.
Tesla’s position as an S&P 500 company is key to the valuation and demand of TSLA stocks between retail and institutional investors. Asset managers such as Vanguard and BlackRock allow investors to get in touch with large companies through investment vehicles such as mutual funds and ETFs.
Meanwhile, individual shareholders such as Tesla’s board members Larry Ellison, Herbert Kohler, Kimbal Musk and Vaibav Tanjia play a major role in impacting the company’s future business and growth.
