What does Elon Musk own in 2024?

Tesla, Inc. has emerged as a significant player in the automotive industry. By 2024, the company's leadership and ownership structure had undergone notable changes.

Elon Musk, a visionary entrepreneur, holds a substantial stake in Tesla. As of 2024, he is the largest individual shareholder, owning approximately 13 to 15 percent of the company's stock. Musk's influence and investments have played a crucial role in shaping Tesla's future.

Musk's involvement in the renewable energy sector also complements his work with Tesla. Prior to Tesla's acquisition, Musk was the owner of SolarCity, a company initially founded by his cousins. SolarCity specialized in solar energy solutions, making it a natural fit for Tesla's broader mission of promoting sustainable energy.

In 2016, Tesla made a strategic decision to acquire SolarCity. This acquisition allowed Tesla to expand its operations into the solar energy market, incorporating SolarCity's expertise into its Tesla Energy division. The move signaled Tesla's commitment to becoming a one-stop-shop for renewable energy products and services.

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