{"id":12363,"date":"2024-02-15T17:00:19","date_gmt":"2024-02-15T17:00:19","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=12363"},"modified":"2024-02-15T15:12:04","modified_gmt":"2024-02-15T15:12:04","slug":"how-much-tesla-stock-elon-musk-owns","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/how-much-tesla-stock-elon-musk-owns\/","title":{"rendered":"How Much Tesla Stock Elon Musk Owns?"},"content":{"rendered":"<p>With the stroke of a pen, Elon Musk lost $56 billion, a significant drop in his fortune. The blow came on January 30, 2024, when Delaware judge Chancellor Kathaleen McCormick ruled that Musk&#8217;s hefty pay package from Tesla Motors was unfair to shareholders and should be canceled.<\/p>\n<blockquote><p>You might like: <a href=\"https:\/\/coinengineer.net\/blog\/an-investor-became-a-millionaire-thanks-to-elon-musk\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong><em>An Investor Became a Millionaire Thanks to Elon Musk!<\/em><\/strong><\/span><\/a><\/p><\/blockquote>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/how-much-tesla-stock-elon-musk-owns\/#Elon_Musks_Fortune_Plummeted_After_Judges_Ruling\" title=\"Elon Musk&#8217;s Fortune Plummeted After Judge&#8217;s Ruling\">Elon Musk&#8217;s Fortune Plummeted After Judge&#8217;s Ruling<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/how-much-tesla-stock-elon-musk-owns\/#_Musk_felt_from_the_ranking_of_rich_people_over_the_world\" title=\"\u00a0Musk felt from the ranking of rich people over the world\">\u00a0Musk felt from the ranking of rich people over the world<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Elon_Musks_Fortune_Plummeted_After_Judges_Ruling\"><\/span><span style=\"font-size: 75%;\">Elon Musk&#8217;s Fortune Plummeted After Judge&#8217;s Ruling<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The judge&#8217;s ruling not only demoted Elon Musk from his position as the world&#8217;s richest person, but also reduced his net worth to around $198.9 billion, leaving him $19 billion behind France&#8217;s Bernard Arnault. It also spurred a large-scale relocation of Musk&#8217;s corporate assets from Delaware to Texas.<\/p>\n<p>Despite this setback, <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-bitcoin-etf\/\">Mu<\/a>sk has considerable wealth, largely due to his substantial stake in Tesla. According to recent filings with the US Securities and Exchange Commission (SEC) as of February 14, 2024, Musk owns just over 715 million shares of TSLA stock, amounting to an ownership stake of approximately 20.5%.<\/p>\n<p>Indeed, a significant portion of Musk&#8217;s current wealth is tied to Tesla&#8217;s fortune. Currently, TSLA stock is worth just under $135 billion and accounts for about 67% of his net worth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"_Musk_felt_from_the_ranking_of_rich_people_over_the_world\"><\/span><span style=\"font-size: 85%;\">\u00a0Musk felt from the ranking of rich people over the world<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Musk&#8217;s fall in the ranking of the world&#8217;s richest people is not only due to the cancellation of his pay package. Tesla has suffered a significant stock market decline in recent months during what industry insiders have dubbed the &#8216;electric vehicle winter&#8217;, a period of increased competition and reduced demand.<\/p>\n<p>Over the past 52 weeks, Tesla&#8217;s shares have fallen 11.92% and 24.04% since the beginning of the year. While the company&#8217;s shares continued their downward trend with a 14.19% drop in the last 30 days, the last full trading session witnessed a positive turnaround and closed Wednesday at $188.71, up 2.55%.<\/p>\n<hr \/>\n<p><em>In the comment section, you can freely share your comments and\u00a0 opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong>,\u00a0<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the stroke of a pen, Elon Musk lost $56 billion, a significant drop in his fortune. The blow came on January 30, 2024, when Delaware judge Chancellor Kathaleen McCormick ruled that Musk&#8217;s hefty pay package from Tesla Motors was unfair to shareholders and should be canceled. You might like: An Investor Became a Millionaire<\/p>\n","protected":false},"author":6,"featured_media":9720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[467,2816],"class_list":["post-12363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-elon-musk","tag-tesla"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Much Tesla Stock Elon Musk Owns? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"With the stroke of a pen, Elon Musk lost $56 billion, a significant drop in his fortune. 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