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Should I invest in Tesla stock?

Brighter Finance is a research subscription for Tesla and SpaceX investors: catalysts, dates, odds, charts and Musk-post tracking.

Brighter Finance is the most comprehensive resource for Tesla and SpaceX investors.

Research and education, not investment advice. Brighter Finance is not affiliated with Tesla, SpaceX or Elon Musk.

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Should I invest in Tesla stock?

It depends on your time horizon, how large a share of your savings one company would be, and your tax situation. Tesla builds cars, and it also builds energy storage, charging, and driver-assistance software. Its 2006 vehicle steps are marked delivered in Brighter Finance's notes, and its autonomy commitments are still open. This page does not say buy or sell. It shows the businesses, the master plans, the holder table on file, and who runs the company. The Tax Scenario Planner, which lets a member enter a position and theoretical bull, base, and bear sale prices, stays behind login.

Full odds history, all 110 charts and alerts: members. Members

What does Tesla actually do besides cars?

The More Than a Car Company module lists 47 lines in 7 sections. Established lines include energy storage, the Supercharger network, Autopilot and FSD, and service. Some lines are marked speculative. This is a research map, not a filing.

Transportation

Transportation lists 11 lines in the More Than a Car Company module: Cars (current or established Tesla business line), Semi & Trucks (current or established Tesla business line), Powertrain components (current or established Tesla business line), Seats (current or established Tesla business line), Glass (current or established Tesla business line), Thermal Management (current or established Tesla business line), Sales / Distribution (current or established Tesla business line), Leasing & Financing (current or established Tesla business line), Used cars (current or established Tesla business line), Boats (speculative, unconfirmed, or not yet core) and VTOLS (speculative, unconfirmed, or not yet core). Market-cap marks on that map are left off this page because they are not a sourced stock quote.

Hardware, Software & AI

Hardware, Software & AI lists 14 lines in the More Than a Car Company module: Safety tech (current or established Tesla business line), Internal Enterprise Software (current or established Tesla business line), Infotainment / Car OS (current or established Tesla business line), App Store (speculative, unconfirmed, or not yet core), Vision Tech (current or established Tesla business line), FSD Chip (current or established Tesla business line), Autopilot / FSD (current or established Tesla business line), Dojo Chip (developing lane or watch item), Dojo Supercomputer (speculative, unconfirmed, or not yet core), AI & Machine Learning as a service (adjacent or early-stage opportunity), Ride hailing & Robotaxi (speculative, unconfirmed, or not yet core), Autonomous Semitruck (adjacent or early-stage opportunity), Tesla Bot (source has no clear status marker) and Artificial General Intelligence (source has no clear status marker). Market-cap marks on that map are left off this page because they are not a sourced stock quote.

Energy

Energy lists 7 lines in the More Than a Car Company module: Supercharger Network (current or established Tesla business line), Charging Hardware (current or established Tesla business line), Solar Panels and Tiles (current or established Tesla business line), Powerwall (current or established Tesla business line), Megapack (current or established Tesla business line), Utility Services(Powerpack,Grid,VPP) (developing lane or watch item) and Autobidder (current or established Tesla business line). Market-cap marks on that map are left off this page because they are not a sourced stock quote.

Tech

Tech lists 5 lines in the More Than a Car Company module: Mega/Giga/Tera Factories (current or established Tesla business line), Machine / Automation / Robotics (current or established Tesla business line), RNA microfactories (adjacent or early-stage opportunity), Part design (eg Octovalve) (current or established Tesla business line) and Materials & Alloys (current or established Tesla business line). Market-cap marks on that map are left off this page because they are not a sourced stock quote.

Service

Service lists 4 lines in the More Than a Car Company module: Insurance (current or established Tesla business line), Shop (current or established Tesla business line), Service & Repair (current or established Tesla business line) and Restaurants & Park (adjacent or early-stage opportunity). Market-cap marks on that map are left off this page because they are not a sourced stock quote.

Battery

Battery lists 4 lines in the More Than a Car Company module: Mining (speculative, unconfirmed, or not yet core), Raw material refining (current or established Tesla business line), Battery design + cells (current or established Tesla business line) and Battery recycling (developing lane or watch item). Market-cap marks on that map are left off this page because they are not a sourced stock quote.

Other

Other lists 2 lines in the More Than a Car Company module: Sound (speculative, unconfirmed, or not yet core) and HVAC system (speculative, unconfirmed, or not yet core). Market-cap marks on that map are left off this page because they are not a sourced stock quote.

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Has Tesla delivered on its Master Plans?

The Master Plans module has 4 plans. Part 1 (August 2, 2006, Vehicle steps delivered): 4 of 4 listed commitments marked Done. Part Deux (July 20, 2016, Partly delivered; autonomy commitments outstanding): 1 of 4 listed commitments marked Done. Part 3 (April 5, 2023, Long-horizon proposal; no completion date): 0 of 0 listed commitments marked Done. Part IV (September 1, 2025, No quantitative targets set): 0 of 0 listed commitments marked Done.

  • Part 1: Done, 2008Create a low volume car, which would necessarily be expensive
  • Part 1: Done, 2012Use that money to develop a medium volume car at a lower price
  • Part 1: Done, 2017Use that money to create an affordable, high volume car
  • Part 1: Done, 2016Provide zero emission electric power generation (solar power)
  • Part Deux: Done, 2020Create stunning solar roofs with seamlessly integrated battery storage
  • Part Deux: OngoingExpand the electric vehicle product line to address all major segments
  • Part Deux: OngoingDevelop self-driving 10X safer than manual via massive fleet learning
  • Part Deux: OpenEnable your car to make money for you when you aren't using it

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Who owns the most Tesla stock?

The published holder seed lists Elon Musk first, at 12.97% , as of Aug 23, 2023. The source is a screenshot transcription, not a current SEC filing. 25 rows are in the seed. Members see the live table when a newer filing is loaded.

Figures

  • As-of date on the seed: Aug 23, 2023. Source name: Ava screenshot transcription. Status: estimate.As of Aug 23, 2023
TSLA holders in the published seed, as of Aug 23, 2023. Screenshot transcription, not a current 13F.
HolderTypePercentSharesValue
Elon Muskinsider12.97%411,682,162$95.21 billion
Vanguard Group Incinstitution7.01%222,486,933$51.46 billion
Blackrock Incinstitution5.86%185,889,398$42.99 billion
State Street Corpinstitution3.28%104,115,390$24.08 billion
Geode Capital Management LLCinstitution1.63%51,656,526$11.95 billion
Capital World Investorsinstitution1.33%42,272,512$9.78 billion
Fmr LLCinstitution0.91%28,771,552$6.65 billion
Price T Rowe Associates Incinstitution0.88%27,984,161$6.47 billion
Morgan Stanleyinstitution0.88%27,983,350$6.47 billion
Jpmorgan Chase Coinstitution0.84%26,739,940$6.18 billion
Northern Trust Corpinstitution0.84%26,633,654$6.16 billion
Baillie Gifford Coinstitution0.73%23,188,922$5.36 billion
Bank Of New York Mellon Corpinstitution0.62%19,601,674$4.53 billion
Jennison Associates LLCinstitution0.6%19,101,535$4.42 billion
Legal General Group PLCinstitution0.57%17,991,465$4.16 billion
Bamco Incinstitution0.56%17,696,813$4.09 billion
Nuveen Asset Management LLCinstitution0.49%15,469,094$3.58 billion
Charles Schwab Investment Management Incinstitution0.45%14,200,775$3.28 billion
Goldman Sachs Group Incinstitution0.43%13,800,074$3.19 billion
Herbert Kohlerinsider0.41%12,981,144$3.00 billion
Ubs Asset Management Americas Incinstitution0.41%12,957,455$3.00 billion
Jane Street Group LLCinstitution0.36%11,466,446$2.65 billion
Loomis Sayles Co L Pinstitution0.34%10,674,920$2.47 billion
Swiss National Bankinstitution0.32%10,301,775$2.38 billion
Bank Of America Corpinstitution0.32%10,088,856$2.33 billion

Full odds history, all 110 charts and alerts: members. Members

Who runs Tesla?

Tesla's current named executive officers, selected operational leaders, and board members, updated from Tesla investor relations, Tesla pages, and current public sources. Names and roles below are the first sentence of each row in that module.

  • Elon Musk, Leadership TeamTechnoking of Tesla and Chief Executive Officer
  • Tom Zhu, Leadership TeamSenior Vice President, APAC and Global Vehicle Manufacturing
  • Vaibhav Taneja, Leadership TeamChief Financial Officer
  • Lars Moravy, Leadership TeamVice President of Vehicle Engineering
  • Franz von Holzhausen, Leadership TeamChief Designer
  • Grace Tao, Leadership TeamVice President of Tesla, focused on China market communications and external affairs
  • Ashok Elluswamy, Leadership TeamVP, AI Software, Tesla AI
  • Robyn M. Denholm, Board of DirectorsChair of the Board and independent director
  • Elon Musk, Board of DirectorsTechnoking of Tesla, Chief Executive Officer, and director
  • Ira Ehrenpreis, Board of DirectorsIndependent director
  • Joe Gebbia, Board of DirectorsIndependent director
  • Jack Hartung, Board of DirectorsIndependent director
  • James Murdoch, Board of DirectorsIndependent director
  • Kimbal Musk, Board of DirectorsDirector
  • JB Straubel, Board of DirectorsDirector
  • Kathleen Wilson-Thompson, Board of DirectorsIndependent director

Full odds history, all 110 charts and alerts: members. Members

How do I research Tesla before buying?

Read Tesla's own shareholder updates and SEC filings, then the dated catalysts, chart conclusions, and Prediction Room rules on this site. The Tax Scenario Planner is a member tool for a share position, a tax profile, share groups, and theoretical bull, base, and bear sale prices. This page does not run that tool. Brighter Finance does not place trades.

  • Primary sourcesTesla investor relations and SEC filings linked on each fact.
  • On this siteCatalysts, Robotaxi and Optimus milestones, chart conclusions, and open Prediction Room questions.
  • MembersFull odds history, every chart, alerts, and the Tax Scenario Planner.

Full odds history, all 110 charts and alerts: members. Members

What are the biggest risks?

From the files on this site: auto gross margin is far below its old peak in the Q2 2026 profit conclusion, Q3 2026 deliveries are below Q3 2025, Optimus has no disclosed unit count, and the chief executive also runs SpaceX. A sourced price is not available here, so valuation risk is not quantified on this page.

Figures

Full odds history, all 110 charts and alerts: members. Members

What does the contribution register say about Elon Musk?

The contribution module has 19 rows. Tesla rows and SpaceX rows, including the AI row the register files under X.AI, are listed here with SpaceX. Other ventures in the register are Zip2, PayPal, Foundation, OpenAI, Neuralink, Boring and X.

Tesla and SpaceX rows in the contribution register. The X.AI row is shown with SpaceX.
CompanyStatusRow
TeslaDoneAccelerating transition to sustainable energy
TeslaDoneAccelerating auto industry to develop electric cars
TeslaOngoingDeveloping solar /batteries to reduce grid dependence/carbon footprint
TeslaOngoingDeveloping self driving cars to reduce traffic deaths and accidents
SpaceXDoneDeveloping cost effective re-usable rockets
SpaceXDoneProviding internet access via satellite to remote locations around world
SpaceXOngoingMaking life multiplanetary & extending consciousness to the stars
SpaceX (AI work)OngoingAdvance our collective understanding of the universe.

Full odds history, all 110 charts and alerts: members. Members

What is still missing from this page?

These items are marked TODO because the source files do not include them. Nothing here is filled with an estimate. TODO: replace the holder table with a current 13F or proxy filing. The published seed is a screenshot transcription as of Aug 23, 2023, and the live table is members-only. TODO: replace the business-line blurbs if Tesla publishes its own segment descriptions. The 47 lines are the research module's map, and their market-cap marks are omitted.

Full odds history, all 110 charts and alerts: members. Members