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FAQs
Which are the competitors of Tesla shares?
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Tesla's competitors in the electric vehicle space include Nio and Xpeng. Both companies are based in China and have been making inroads into the global electric vehicle market. Tesla remains the leader in this space, but Nio and Xpeng are quickly catching up.
Nio is a relative newcomer to the scene, having only been founded in 2014. However, the company has already made a name for itself with its cutting-edge electric vehicles. All of Nio's vehicles are designed to be ultra-efficient and luxurious, making them direct competitors to Tesla's offerings.
Xpeng is another Chinese company that is giving Tesla a run for its money. Xpeng was founded in 2014 Like Nio, Xpeng's vehicles are designed to be efficient and luxurious. However, Xpeng has also placed an emphasis on making its vehicles affordable, something that Tesla has yet to do.
Tesla is still the top dog in the electric vehicle space, but Nio and Xpeng are quickly becoming formidable competitors. It will be interesting to see how the competition between these three companies plays out in the coming years.
Who owns most Tesla shares?
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According to public filings, the largest institutional shareholder of Tesla is Fidelity Investments, which owned approximately 5.8 million shares. Other major institutional shareholders include Vanguard Group (which owned approximately 4.4 million shares), BlackRock (3.7 million shares), and State Street Global Advisors (2.9 million shares).
In terms of individual shareholders, Tesla CEO Elon Musk is far and away the largest shareholder, with 33.8 million shares, or about 19% of the company. Other major individual shareholders include Larry Ellison (2.9 million shares), Ira Ehrenpreis (1.9 million shares), and Steve Jurvetson (1.7 million shares).
Do Tesla shares pay dividends?
+ -No, Tesla shares do not pay dividends. Tesla's mission is to accelerate the world's transition to sustainable energy through the mass production of electric vehicles and renewable energy storage. reinvesting its profits back into the business in order to achieve this goal. Therefore, Tesla does not currently pay dividends to shareholders.