4 ms·
TSLA is approximately 66% owned by institutional investors(investment banks, funds of any sort(including active and index funds that may be in 401(k)s). That le
by tcoppi 9y ago
TSLA is approximately 66% owned by institutional investors(investment banks, funds of any sort(including active and index funds that may be in 401(k)s). That leaves ~30% of the shares controlled by individuals, which is fairly typical.
- jfoutz 9y agoThat's sort of a weird way of looking at it. Don't Musk and Ahuja own like 10% of the shares? Is there an easy way to get non-insider, non-institutional numbers?
- deleted 9y ago[deleted]
- deleted 9y ago[deleted]
- tcoppi 9y agoAs of February Elon owns 22%. He and other board members/early investors are individuals so I don't see how it is weird to include them, though.
- jfoutz 9y agoAh, OP's assertion was the price is crazy from retail investors, which i assume would be non-institutional, non-insiders. It's impressive that a few % of owners can double the share price. Unless, they meant Musk was buying shares at $350+
- tcoppi 9y agoI mean, I don't think that is what is happening right now, but you might be surprised what it takes to move a market sometimes. The Flash Crash[1] was caused by a single individual. Granted he was playing with futures and you can get some insane leverage with a modest account there, but it is within the ability of a couple of individuals with six-figure accounts to make some well placed bets and move a market significantly. 1.https://en.wikipedia.org/wiki/2010_Flash_Crash#Evidence_of_market_manipulation_and_arrest https://en.wikipedia.org/wiki/2010_Flash_Crash#Evidence_of_m...
- consz 9y agoHow much faith do you have in the statement that the flash crash was actually caused by a single individual?
- tcoppi 9y agoHe definitely set off a chain of events that caused automated market makers to re-evaluate their idea of a fair market value rapidly in the downward direction, and it cascaded from there.
- gertef 9y agoIndividuals who are company insiders or own a substantial portion of shares, are of a different character from small outsiders.
- vonmoltke 9y agoMusk owns ~20.5% of the outstanding shares. Ahuja does not appear to own an appreciable number (directly, at least).