How Much Is Elon Musk Worth Today?

Elon Musk is worth over $245 billion dollars.

who-owns-tesla
By 2021, most of Tesla’s shares are still owned by Elon Musk, among the company’s co-founders and currently the CEO. Elon Musk is the top individual investor, with a 23.1% stake in the company, equivalent to over 244 million shares. Musk is followed by Lawrence Ellison (founder of Oracle), with a 1.5% company’s stake. Ellison also sits on Tesla’s board. And Antonio Gracias, among the company’s first investors, has over 1.6 million shares of the company. Other institutional investors and mutual funds like The Vanguard Group, Blackrock, and Capital Ventures International also have a good chunk of the company’s stocks.
tesla-financials
In 2021, Tesla generated over $53.8 billion in revenues, compared to the $31.5 billion in 2020. The largest segment in the automotive sales (comprising regulatory credits revenues), followed by leasing (as part of the automotive), generated $1.6 billion in 2021. Outside the automotive sales, services (non-warranty after-sales vehicle services, sales of used vehicles, retail merchandise, and more) accounted for $3.8 billion. And energy generation and storage accounted for $2.8 billion. US and China are the primary markets, with almost $24 billion and nearly $14 billion respectively, in 2021. In 2021, Tesla generated $5.6 billion in Net Income, a net margin of over 10%.
tesla-competitors
As an electric automaker and builder of sports cars and now trucks, Tesla’s competitors comprise companies like Ford, Mercedes-Benz, Porsche, Lamborghini, Audi, Rivian Lucid Motors, Toyota, and more. At the same time, Tesla is an electric energy production and storage company (SolarCity); it competes with Sunrun, SunPower, and Vivint Solar. And as an autonomous driving company, it competes with companies like Zoox, Waymo, and Baidu with the self-driving software.

Read Next: Tesla Business Model, Tesla Competitors, Who Owns Tesla, Elon Musk Story, Elon Musk Companies.

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