Despite a significant decline in wealth, Elon Musk remains one of the wealthiest individuals in the world. At the end of 2024, Musk’s net worth stood at an estimated $432 billion, with a substantial portion of his wealth attributed to his stake in Tesla Inc. However, the start of 2025 has been less favorable, with Musk’s wealth falling by over $100 billion.
Elon Musk Sees Billions Added to Fortune as Tesla Stock Surges Following His Withdrawal from DOGE
The net worth of Tesla Inc. CEO Elon Musk experienced a staggering increase of $7.5 billion on Wednesday as the company’s shares surged by 5%. This significant growth was largely attributed to Musk’s reaffirmed commitment to the company.
Tesla Warns SEC of Potential Fundraising Risks Due to Protests and Criticism
Tesla Inc. has filed a report with the Securities and Exchange Commission (SEC) stating that protests against the company and its CEO, Elon Musk, pose a risk factor for the electric vehicle giant. This report highlights the potential impact of criticism and protests on the company’s ability to raise funds.
Analyst Sets $400 Target for Tesla, Exceeding Expectations
Piper Sandler has set a $400 price target for Tesla, following the company’s Q1 earnings call. This move has sparked interest in the investment community, with many analysts weighing in on the electric vehicle giant’s prospects.
The Rise and Fall of Elon Musk: From Tony Stark to Icarus
Elon Musk, the billionaire entrepreneur and CEO of Tesla, has been a figure of fascination and controversy in recent years. A new biography, Hubris Maximus, sheds light on Musk’s journey, from his early days as a visionary leader to his current status as a complex and flawed individual.
Musk and Bessent's Heated Exchange Near Trump Recalls WWE in the West Wing
Elon Musk and Treasury Secretary Scott Bessent were involved in a heated argument last Thursday at the White House, which escalated into a shouting match in front of President Donald Trump. The intense exchange between the two billionaires has raised eyebrows and sparked speculation about the underlying causes of the dispute.
Protests Take a Toll on Tesla's Finances, Targeting the Company's Bottom Line
The involvement of Tesla Inc. CEO Elon Musk in politics may have hurt demand for the company’s vehicles, leading to lower first-quarter financial results. A group protesting against Musk says their efforts are working.
Tesla Stock Under Siege: Navigating Demand, Politics, and Tariffs Amidst Long-Term Growth Prospects
Tesla Inc analysts are cautious on the short-term outlook of the electric vehicle company after it missed revenue and earnings per share estimates in the first quarter.
The $1000 Investment: A 10-Year Stock Performance Review
Over the past decade, the stock market has undergone significant fluctuations, with various companies experiencing substantial growth. One such company is Tesla, which has outperformed the market by 22.62% on an annualized basis. This impressive performance has resulted in an average annual return of 32.4%. As of now, Tesla boasts a market capitalization of $817.96 billion.
Tesla Shares Surge on Wednesday: Key Factors Behind the Rally
Tesla shares are experiencing a significant surge on Wednesday, following the company’s first-quarter results. CEO Elon Musk announced that he plans to scale back his involvement with the Department of Government Efficiency, allowing him to focus more on Tesla.