Is it true that Tesla Inc. suffered a loss of $94 billion in early 2024? Despite a highly successful 2023 that saw Tesla’s shares soar, the start of the new year has been less than favorable. The electric vehicle company, headed by Elon Musk, is currently experiencing its worst start to any year on record, with a staggering market valuation loss of over $94 billion in just the first two weeks of 2024.
  • Who is the CEO of Tesla?

Elon Musk has been the CEO of Tesla since October 2008. Elon Musk, who is also the CEO of X, recently spoke at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy) in Rome on December 15, 2023.

  • Who owns most of Tesla?

CEO Elon Musk is the largest shareholder of Tesla, owning over 21% of the company’s equity. Other major shareholders include asset management companies such as BlackRock, Vanguard, and State Street. With a market capitalization of $611 billion, Tesla is currently the world’s most valuable auto manufacturer.

  • How much did Elon Musk own Tesla?

According to Tesla’s 2024 Annual Report, Elon Musk, the CEO and founder of Tesla, owns 715.022 million shares, which represents 20.6% of the 3.169 billion outstanding shares as of the end of March 2023. This ownership percentage remains unchanged from the end of December 2022. As a result, Musk is currently the largest shareholder of Tesla.

  • How much is the cheapest Tesla?

The Tesla Model 3 is the cheapest Tesla car available, with the base model retailing for $42,990. It is Tesla’s first attempt at a mass-market electric car to appeal to a wide range of budgets.