Elon Musk Gets $2.1 Billion Richer This Week As Tesla Becomes America’s Most Valuable Car Company Ever

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Elon Musk got $2.1 billion richer this week as Tesla became America’s most valuable car company ever

kicked off a Tuesday presentation at Tesla’s Shanghai plant by tearing off his blazer and dancing enthusiastically to a song by his girlfriend, pop star Grimes. The eccentric CEO and founder has a multibillion-dollar reason to be in such high spirits.

Shares surged 13% in the week through January 9—boosting Musk’s net worth by $2.1 billion, to $28.8 billion. The 49-year-old billionaire is currently the 34th-richest person in the world. Musk owns nearly 22% of Tesla’s stock, which accounts for roughly half of his fortune. He also has an estimated $12.5 billion stake in SpaceX, his privately held aerospace company known for reusable rockets.

Wedbush analyst Daniel Ives is confident in Tesla, highlighting growth potential in China. “We believe Tesla’s ability to ramp production and demand in the key China region during the course of 2020 will be a major swing factor on the stock,” Ives wrote in a research note.

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Yes! Congratulations🎉🎊

Blood throughout Africa funded his success🖓

I thought they were not a car company, something about no dealer ships or what not.

He reminds me of my ex!

tesla

Truth🦄

Good for him

I told you so!

Let me dm him my cashapp and/or PayPal 😔😔😔

How do we extend the frame and make a tesla HD electic flatbed for towing and possibly a wrecker for recovery. Business class is the only class. Thanks for changing the world! You have done some great things and they are very appreciated.

Huh didn't even realise they made cars

Well done 👍

Mr. musk I challenge you to buy me a Tesla? Question of the challenge is why not? elonmusk 🙏🏽

Anything that has received govt subsidies putting aside military technology is doomed. The moment quantitative easing malfunctions, the electric car will be the last priority...

Искрене поздравляю

Bubble

Meanwhile TeslaSHORTs got $2B poorer pimping their smoke-filled-room spawned, fevered scheme to destroy Tesla, descending into tawdry fantasies of Elon being perp-walked for the very SecuritiesFraud that these scammers indulged to destroy the green visionary. SpiegelOnTesla

WAAR GAAT DAT GELD EIGENLIJK ALLEMAAL HEEN NIET NAAR DE MAAN DAAR IS NOG NOOIT IEMAND GEWEEST JA IK MAAR DAAR ZIJN GEEN BEELDEN MEER VAN MAAR IS DIE SNELWEG NOU EINDELIJK KLAAR OF ZAL IK DEZE MAAND OOK DOLLAR SCHENKEN AAN DIE NEP BRANDEN IN AUSTRALIAN?

The hype

un crack Miryams411

jlewis237 He’s making a mistake building in China.

Yikes.🙌🏾

Barnes_Law a lot of people don't understand what an incredible achievement this is. whether you like tesla or not.

These headlines are stupid. When the market goes down he will be poorer... Oh but not really cause it could go up again. Rediculous. Stop it

Wow!

I have never been this way, but since I started seeing Teslas in the road, all I want to do is to ram my $13,000 car into one. tesla richpeople

Barnes_Law Tesla's suck. I driven them. Poorly crafted. Poorly built. The name is all they got.

Give a stoner credit

My MIS professor back in 2012 told us who ever has extra money or is into investments invest in Tesla; guess who didnt and wants to cry today?:)

$2.1 billion richer and his seventh child on the way. Good week for Musk!

Christ loves you Elon, and He will always love you-He’s not going to ever leave you-every time you speak His name-He will hear you-He loves you and He always will. God bless you with peace and love and comfort in Jesus. He forgives-Great is His faithfulness

Go elonmusk

is tesla even profitable yet

Good for Tesla!

This seems like these numbers are definitely real.....

elonmusk got’em

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Grimes' second pregnancy pic fuels speculation of baby with Elon Musk - Business InsiderMusician Grimes posted a second photo where she appears pregnant, adding to speculation she and Elon Musk are having a baby 🤦🏽‍♂️ That baby is gonna be so fucking dumb lmao AWomanMakesAPlan 👼✨
Source: BusinessInsider - 🏆 729. / 51 Read more »

Elon Musk sends cryptic tweet about Grimes pregnancy rumors - Business InsiderRumors have been circulating since Wednesday when Grimes posted a different photograph on Instagram where she also appears to have a bump. Is this some god damned Tesla Model Y marketing thing? lmao I don't think it's that cryptic... pretty sure he just announced they're having a boy (Y chromosome)
Source: BusinessInsider - 🏆 729. / 51 Read more »