Elon Musk currently owns 20 percent of Tesla, according to documents filed with the U.S. Securities and Exchange Commission (SEC) on Wednesday5% of the shares, worth just over $120 billion.
That's a significant increase from Musk's 13% stake in Tesla in May 2023, but slightly less than Musk's 22% stake before he started raising money to buy Twitter.
According to the filing, Musk's stake consists of 4110.6 billion shares of Tesla common stock, plus purchases exercisable within 60 days beginning December 31.3039.6 billion shares**.
The document shows that Musk is not far from the 25% stake he wants. He hopes to have more influence on the company to motivate him to work on various projects under the Tesla brand, such as robotics and artificial intelligence.
Musk posted on X last month: "I'm upset about developing Tesla into a leader in artificial intelligence and robotics without 25% of the vote. Influential enough, but not so inaccessible to me. Unless that's the case, I'd prefer to make products outside of Tesla. ”
Musk's large stake in Tesla, combined with his stakes in SpaceX and X, makes him the richest man in the world, with a net worth of more than $200 billion.
This article is sourced from: the financial world.