Vanguard Group disclosed in a new SEC filing that it acquired 6.54 million shares of Tesla in the fourth quarter of 2025, increasing its position in the company by 2.59% to 258.93 million shares.
The stake of the world’s second-largest asset manager was valued at approximately $102.85 billion as of the end of last year, according to the 13F filing published this week.
Vanguard remains Tesla‘s largest institutional shareholder, holding nearly 259 million shares compared to BlackRock’s 206.74 million shares as of the end of September.
BlackRock has not yet filed its Q4 2025 update.
The purchase marks Vanguard’s largest quarterly addition to its Tesla position since Q4 2022, when the asset manager added approximately 144.78 million shares.
Quarterly Holdings History
Vanguard has steadily increased its Tesla holdings over the past two years, with occasional quarterly reductions.
The asset manager held approximately 252.39 million shares at the end of Q3 2025 after adding just under 1 million shares during that period.
In Q2 2025, Vanguard added 4.5 million shares, while Q1 2025 saw an addition of 3.69 million shares.
By contrast, Vanguard reduced its position slightly in Q4 2024, trimming approximately 628,000 shares to finish the year with 243.19 million shares.
The firm first established a significant position in Tesla in 2021 and has grown its stake from approximately 62 million shares at the end of that year to nearly 259 million shares as of December 31, 2025 — a more than fourfold increase.
Tesla Institutional Ownership
Tesla has 4,267 institutional holders collectively owning approximately 1.59 billion shares, representing 42.46% of the company’s 3.75 billion shares outstanding — Nasdaq data shows as of Friday morning.
Total institutional holdings are valued at approximately $632.88 billion.
After Vanguard and BlackRock, the largest institutional shareholders include State Street Corp with 113.76 million shares, Geode Capital Management with 65.33 million shares, and JPMorgan Chase & Co with 44.64 million shares.
However, Vanguard is the only one that has disclosed its Q4 2025 portfolio update as of Friday morning.
As of press time, Tesla shares were trading 3.8% higher at $412.
Stock Performance
As of press time, Tesla shares were trading 4.1% higher at $413.33, rebounding from a session low of $387.53 earlier this week.
Friday’s gains came amid a broader market rebound, the Vanguard stake disclosure, and comments from CEO Elon Musk on X reaffirming the company’s chances of reaching a market cap value of $100 trillion.
When an X user suggested Tesla might become a $100 trillion company, Musk replied: “It’s not impossible.”
China AI Training Center
Separately, Tesla confirmed on Friday that it has established an AI training center in China, as it aims to enable local training for Tesla AI and its Full Self-Driving (FSD) software.
The information was revealed by Vice President Tao Lin, according to local media outlet Caixin News. Lin did not disclose the computing capacity of the center but said it is sufficient to meet current needs.
The new center comes as Tesla seeks regulatory approval to deploy its FSD driver assistance system in China, the world’s largest automotive and EV market.
