TESLA STOCK REVIEW 2023

A stock or equity, is a security that represents the ownership of a fraction of the issuing corporation. A unit of a stock is called a “share” which entitles the owner to a proportion of the corporation’s assets and profits equal to the number stock they own. 

Stocks are bought and sold predominantly on stock exchanges and are the foundation of many individual investors’ portfolios. Stock trades have to conform to government regulations meant to protect investors from fraudulent practices. Many investors began their investment journey from investing in the stock market.

Many companies in the world today especially in the United States now issue stocks to both national and international investors.

Corporations issue stock to raise funds that would help them to operate their businesses. The holder of a stock, also known as a shareholder, may have a claim to part of the company’s assets and earnings.

As a shareholder of Tesla, you are considered an owner of Tesla, determined by the number of shares you own relative to the number of outstanding shares. If a company has 1,000 shares of stock outstanding and one person owns 100 shares, that person would own and have a claim to 10% of the company’s assets and earnings.

Stockholders do not own a corporation, but corporations are a special type of organization because the law treats them as legal persons. Corporations file taxes, can borrow, can own property, and can be sued. The idea that a corporation is a “person” means that the corporation owns its assets. A corporate office full of chairs and tables belongs to the corporation, and not to the shareholders.

About Tesla

Tesla (TSLA) has become one of the world’s most popular car manufacturers. In fact, it’s one of the largest auto companies by market value by 2023. The company had a market capitalization of $785.68 billion at the end of the Oct. 7, 2021, trading day with shares closing at about $794. Tesla reported total revenue of $31.5 billion for the 2020 fiscal year.

Tesla was founded in 2003 and released the Roadster five years later. This vehicle came equipped with electric powertrain technology. The automaker now manufactures four different models, including the Model S (the first one), the Model 3, the Model X, and the Model Y. Models 3 and Y are the most popular, according to the company, which produced 454,932 vehicles and delivered 442,511 of both models in 2020. But how much do these models cost? Here’s a closer look at how much you can expect to shell out to purchase one of your own.

Tesla Stock Ownership

Tesla is owned by 43.54% institutional shareholders, 13.98% Tesla insiders, and 42.48% retail investors. Elon Musk is the largest individual Tesla shareholder, owning 411.68M shares representing 12.99% of the company. Elon Musk’s Tesla shares are currently valued at $107.26B.

Tesla’s Top Institutional Stock Holders

Vanguard Group, Inc.  has 220,622,525 shares as of Mar 30, 2023 with a 6.96% valued at 57,480,994,548.

Blackrock Inc. has178,662,226 shares as of Mar 30, 2023 with a 5.64% valued at 46,548,657,888.

State Street Corporation has 99,683,820 shares as of Mar 30, 2023 with a 3.15% valued at 25,971,623,314.

Geode Capital Management, LLC has 50,047,967 shares as of Mar 30, 2023 with a 1.58% valued at 13,039,497,749.

Capital World Investors has 43,760,201shares as of Mar 30, 2023 with a 1.38% valued at 11,401,283,142.

FMR, LLC has 33,326,389 shares as of Mar 30, 2023 with a 1.05% valued at 8,682,857,674

JP Morgan Chase & Company has 29,229,125 shares as of Mar 30, 2023 with a 0.92% valued at 7,615,356,477

Norges Bank Investment Management has 28,085,245 shares as of Dec 30, 2022 with a 0.89% valued at 7,317,329,972

Northern Trust Corporation has 27,057,308 shares as of Mar 30, 2023 with a 0.85% valued at 7,049,511,257.

Price (T.Rowe) Associates Inc has 26,224,189 shares as of Mar 30, 2023 with a 0.83% valued at 6,832,450,426.

Tesla’s Top Mutual Fund Holders

Vanguard Total Stock Market Index Fund holds 81,593,175 shares as of Dec 30, 2022 with 2.57% valued at 21,258,286,511.

Vanguard 500 Index Fund holds 62,048,685 shares as of Dec 30, 2022 with 1.96% valued at 16,166,164,920.

Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF holds 32,068,446 shares as of Mar 30, 2023 with 1.01% valued at 8,355,113,194

Fidelity 500 Index Fund holds 29,424,483 shares as of Feb 27, 2023 with 0.93% valued 7,666,255,052.

SPDR S&P 500 ETF Trust holds 29,118,108 shares as of Mar 30, 2023 with 0.92% valued at 7,586,432,107.

Growth Fund Of America Inc holds 24,580,126 shares as of Mar 30, 2023 with 0.78% valued at 6,404,106,238.

iShares Core S&P 500 ETF holds 23,955,982 shares as of Feb 27, 2023 with 0.76% valued at 6,241,491,754.

Vanguard Growth Index Fund holds 22,655,222 shares as of Dec 30, 2022 with 0.71% valued at 5,902,591,733

Vanguard Institutional Index Fund-Institutional Index Fund holds 18,808,776 shares as of Dec 30, 2022 with 0.59% valued at 4,900,438,659.

Baron Partners Fund holds 12,150,000 shares as of Dec 30, 2022 with 0.38% valued at 3,165,561,103.

Tesla Stock Prices

In this blog post I’m going to show you the different changes in tesla stock prices as from January 2023 to June 2023

June 2023

May 2023

April 2023

March 2023

February 2023

January 2023

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