Tesla CEO Elon Musk's Wealth Surges $26 Billion On EV Giant's Stock Rally
Tesla CEO Elon Musk added $26 billion to his wealth after the company's stock surged 22%, the biggest rally since 2013. Musk is now worth about $269 billion....
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Tesla CEO Elon Musk added $26 billion to his wealth after the company's stock surged 22%, the biggest rally since 2013. Musk is now worth about $269 billion. Tesla’s better-than-expected earnings and Musk’s projection of vehicle growth in 2025 boosted the stock. Musk controls around 13% of Tesla shares, which form a significant portion of his wealth, alongside stakes in SpaceX and xAI. Tesla shares had declined before the earnings announcement but have now recovered, gaining 5% in 2024.
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Oct 25, 2024
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