Marc Tarpenning Net Worth (2024)

FAQs

What is Marc Tarpenning doing now? ›

Since leaving Tesla, I have been an entrepreneur in residence, consultant, mentor, speaker, and two-term publicly elected school board member. I'm now with Spero Ventures, an early-stage VC in pursuit of sustainable abundance.

Key Takeaways. Elon Musk, CEO of Tesla, is the richest person and the richest man in the world with a net worth of $218 billion. After Musk is Jeff Bezos, founder of Amazon. Other billionaires with some of the largest net worths include LVMH's Arnault, Microsoft's Bill Gates, and Oracle's Larry Ellison.

Elon Reeve Musk (/ˈiːlɒn/; born June 28, 1971) is a businessman and investor known for his key roles in space company SpaceX and automotive company Tesla, Inc. Other involvements include ownership of X Corp., formerly Twitter, and his role in the founding of The Boring Company, xAI, Neuralink and OpenAI.

Tesla is the world's most valuable auto manufacturer, with a market capitalization of $611 billion. CEO Elon Musk is by far the largest shareholder, with over 20% of the company's equity. Besides Musk, the largest shareholders are asset management companies like BlackRock, Vanguard, and State Street.

Almost all of us have made a boneheaded purchase or three in our lives. But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices.

And Deutsche Bank analyst Emmanuel Rosner wrote Wednesday after meeting with Tesla management in Munich that third-quarter profit margins might be a little worse than expected. Musk isn't the sole owner of SpaceX. He owns 42% and had almost 79% of its voting power as of March, the Journal reported.

Tesla's CEO, Elon Musk, has entirely resigned from fixed base pay since May 2019. His compensation for 2018 amounted to $56 380, close to the minimum wage in California. Other named executive officers at Tesla receive the base pay of $300 000 per year.

Elon Musk is the founder, CEO and chief engineer of SpaceX; the CEO of Tesla, Inc.; the owner and former CEO of Twitter (now "X"); the co-founder of Neuralink and OpenAI; and the father of 12—that's right, 12—children. Here is everything we know about the billionaire's brood.

Oprah Winfrey is a proud owner of a Tesla Model S. She purchased the vehicle in 2015 after test-driving one on her show, "Oprah's Favorite Things." Fun fact: Winfrey also owns a vintage 1954 Mercedes-Benz 300SL Gullwing.

Shipping tycoon Angela Chao was drunk when she inadvertently reversed her Tesla into a pond and drowned last month at a Texas ranch, police say.

Are people who drive Tesla's rich? ›

Tesla owners appear to have higher incomes. The analysis found Tesla drivers largely come from the upper middle class (commonly referred to as individuals who have household incomes over $100,000 a year).

Tesla owner demographics: average income of a Tesla owner

New Model S owners have an average of $153,773 per year, which is relatively unchanged from a couple of years ago when it was $153,313 and $151,096 per year back in 2018. New Model Y owners have an average of $152,912 per year.

As of 2022, 88 percent of Tesla owners own their own homes. Over 70 percent are males and are just under 54 years old. For the brand's most popular model — Model 3, 84 percent of the owners are male and around 46 years old. In the US, Tesla owners mostly live in California.

Tesla, Inc. Unique among foreign automakers in China, the plant is wholly owned by Tesla and not operated as a joint venture with a Chinese company, the first time the government had allowed such an arrangement. While Tesla owns the factory, it does not own the land it is built on, as is typical in China.

The largest individual Tesla shareholder is Elon Musk, who owns about 13% of the company's common stock.

Elon is Technoking of Tesla and has served as our Chief Executive Officer since October 2008 and as a member of the Board since April 2004.

Tarpenning was raised in Sacramento, Calif., and earned a bachelor's degree (1985) in computer science from the University of California, Berkeley.

Tesla moves Automotive president Jerome Guillen to lead trucking business. Tesla has moved its former president of Automotive, Jerome Guillen, into the role of president of Heavy Trucking according to a regulatory filing dated March 11, 2021.