Tesla Inc. (TSLA) is the biggest name in the car industry and one of the world’s largest producers of EVs. The company, under the leadership of its mercurial and eccentric billionaire founder and CEO, Elon Musk, has grown significantly since its IPO in 2010 into a juggernaut that has expanded its product lineup to include energy generation and storage systems, alongside plug-in electric cars, SUVs, and trucks.
Tesla joined the S&P 500 and S&P 100 indexes in December 2020, and hit a milestone of $1 trillion in market capitalization the following year. In 2024, the company generated $97.69 billion in revenue, with a gross profit of $17.45 billion.
While Musk remains Tesla’s largest shareholder, owning 12.8% of all TSLA shares, the company is also supported by mega investors such as BlackRock, Vanguard, and Larry Ellison. In this article, we will take a look at the largest institutional and individual investors of Tesla based on the number of shares they hold.
Who are the Largest Tesla Shareholders?
Tesla is the world’s most valuable automobile company, with a market capitalization of $1.016 trillion as of July 2025. The Silicon Valley-based firm’s investor pool consists of individual, retail, and institutional investors.
Top 3 Institutional TSLA Shareholders
1. Vanguard Group
Asset management giant Vanguard Group is the largest institutional shareholder of Tesla. As of July 2025, the company owns 246.887 million TSLA shares, valued at $74.24 billion, representing about 7.67% of the company’s outstanding shares.
Since Vanguard is an asset manager, most of these shares are held on behalf of its clients, who invest in them through the company’s various mutual funds and exchange-traded funds (ETFs). As of 2024, the Pennsylvania-based investment firm has $10.1 trillion in assets under management (AUM).
2. BlackRock
BlackRock, the world’s largest asset management firm with an AUM of $12 trillion, owns the largest number of Tesla shares after Vanguard. The New York-based company holds 205.668 million shares, valued at $61.85 billion. This portfolio represents 6.39% of all TSLA shares.
Just like Vanguard, BlackRock holds the stock on behalf of its customers, who invest in companies like Tesla through its mutual funds and ETF offerings. The investment firm has increased its Tesla holdings by 2.45% since 2024.
3. State Street Corporation
With 113.726 million shares, valued at $34.02 billion, State Street Corp is the third-largest institutional shareholder of Tesla, accounting for 3.53% of the outstanding total. The Massachusetts-based asset manager has an AUM of $4.73 trillion and $46.75 trillion in assets under custody.
State Street’s holdings are also on behalf of its clients, which include both retail and institutional investors, who get exposure to companies like Tesla through mutual funds and ETFs.
Other notable institutional shareholders of Tesla include:
- 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%)
- Bank of New York Mellon Corp (0.52%)
- Goldman Sachs Group (0.43%)
- Citigroup (0.35%)
Top 3 Individual TSLA Shareholders
1. Elon Musk
The Tesla CEO is the largest shareholder of the company, owning 411.414 million TSLA shares, worth $123.72 billion. Elon Musk’s holdings represent 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 alongside Peter Thiel, Luke Nosek, and Max Levchin. According to Forbes Magazine, Musk is the richest person in the world, with a net worth of $395 billion.
2. Herbert Kohler
Herbert Kohler is the former director of Tesla Motors, who served between 2009 and 2014. As per the company’s SEC filings, he owns about 8.11 million TSLA shares, valued at roughly $3.3 billion.
He was integral in Tesla’s development as an EV market leader and played a key role in growing the company to one of the most valuable automakers. Even though Kohler resigned from his position in 2012, he remains Tesla’s second-largest individual shareholder after Musk, accounting for 0.25% of its total outstanding shares.
3. Larry Ellison
Larry Ellison, the co-founder of cloud computing software company Oracle, is third third-largest individual shareholder of Tesla stock. The billionaire former CEO of Oracle holds 3 million TSLA shares that account for 0.09% of the company’s outstanding stock, worth around $1.23 billion.
He served as director on Tesla’s board between 2018 and 2022, and before that, Ellison had led Oracle for 37 years. He is also the third-richest person in the world, with a net worth of $258.8 billion, according to Forbes.
Other notable individual shareholders of Tesla include:
- Kimbal Musk
- Antonio Gracias
- Vaibhav Tanjea
- James Murdoch
- Natasha Mahmoudian
The Bottom Line
Elon Musk remains the largest shareholder of the world’s most valuable automaker. Even though his ownership in Tesla has dropped significantly over the past year, from 22% to 12.8%, he maintains control over decision-making. His stake in the company is far larger than that of other individual or institutional shareholders.
Tesla’s position as an S&P 500 company is key to its valuation and demand for the TSLA stock among retail and institutional investors. Asset managers like Vanguard and BlackRock allow investors to gain exposure to the large-cap firm through investment vehicles like mutual funds and ETFs.
Meanwhile, individual shareholders like Larry Ellison, Herbert Kohler, Kimbal Musk, and Vaibhav Tanjea, who also serve as board members at Tesla, play a huge role in influencing the company’s future business and growth.
