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Elon Musk's Wealth Soars $34 Billion as Tesla Comes Roaring Back.

Authors :
Sloan, Dylan
Source :
Bloomberg.com; 10/24/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Elon Musk's net worth increased by $33.5 billion due to Tesla Inc. shares surging by 22%, marking the largest gain in over a decade. This boost came after Tesla reported its highest quarterly profit since 2023 and Musk predicted a 30% growth in vehicle sales for the following year. Musk's wealth now stands at $270.3 billion, making him the richest person globally, with the majority of his fortune tied to Tesla, SpaceX, X, and xAI. Additionally, Musk's vocal support for Republican candidate Donald Trump and his plans for Tesla's future in autonomous vehicles were highlighted in a recent webcast. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180455978