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Elon Musk's net worth surges past $300B as Tesla's market value crosses $1 trillion [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Musk, who donated nearly $120 million to a pro-Trump super PAC, was worth $304 billion as of Friday, according to Forbes , which calculated his fortune by factoring in his 20% stake in Tesla as well as his estimated 42% equity in SpaceX. In November 2020, around 75% of Musk's wealth was derived from his stake in Tesla. “Tesla and CEO Elon Musk are perhaps the biggest winners from the election result, and we believe Trump's victory will help expedite regulatory approval of the company's autonomous driving technology,” said Garrett Nelson, senior equity analyst at CFRA Research. Under a Trump administration, Musk could push for favorable regulation of autonomous vehicles that Tesla plans and also get the US National Highway Traffic Safety Administration to hold off on potential enforcement actions involving the safety of Tesla's current driver-assistance systems, a source told Reuters. Musk is also the majority owner of xAI, the artificial intelligence startup that he founded l
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