Elon Musk holding microphone in front of red sign with Tesla logo
Elon Musk.
  • America's "Big Three" passive investing funds own more of Tesla than founder Elon Musk does, per the FT.
  • BlackRock, Vanguard and State Street have a combined 13.58% stake in the US electric-car maker. 
  • Musk has dumped billions of dollars in Tesla stock to fund his $44 billion acquisition of Twitter. 

Elon Musk now owns less stock in Tesla, the EV maker he founded, than America's "Big Three" passive-investing funds have, the Financial Times has reported.

The combined holdings of the index fund industry's three giants — BlackRock, Vanguard and State Street — make up  a 13.58% stake in Tesla, it found.