Here's How Many Tesla Shares You Need To Own To Equal 1% Of Elon Musk's Wealth
Portfolio Pulse from Chris Katje
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), is currently the world's richest person, with the majority of his wealth coming from his stake in Tesla. Musk's wealth is now estimated at $255 billion. To equal 1% of Musk's wealth, an investor would need to own 9,460,379.93 shares of Tesla, which currently trade at $264.26. This would represent around 0.3% of Tesla, currently valued at $838.5 billion. As of December 2022, Musk owned 423,622,432 shares of Tesla, around 13.4% of the company.
July 20, 2023 | 9:25 pm
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Elon Musk's wealth, largely derived from his stake in Tesla, is currently estimated at $255 billion. An investor would need to own 9,460,379.93 shares of Tesla to equal 1% of Musk's wealth.
The news provides insight into the scale of Elon Musk's wealth and his stake in Tesla, but it does not directly impact the company's operations or financial performance. Therefore, the short-term impact on Tesla's stock price is neutral.
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