Tesla shares jump and Elon Musk becomes nearly $20 billion richer with Trump victory
Trump praised Elon Musk as a “super genius” for his support throughout his campaign.
Trump praised Elon Musk as a “super genius” for his support throughout his campaign.
The autonomous vehicle company’s weekly ridership has jumped more than 50% in two months and more than doubled since the start of 2024.
Tesla shares shot up more than 5% as the said it expects “slight” year-over-year vehicle delivery growth, going against Wall Street’s expectation of a decline.
After a great deal of hype, Tesla conducted its “We Robot” robotaxi reveal on Thursday Evening at Warner Studios in Los Angeles.
The billionaire CEO said the new fleet of autonomous vehicles would cost $30,000 and launch before 2027, though Musk has blown by product timelines in the past.
Musk is returning to his old stomping ground of LA to lift the lid on Tesla’s Cybercab. In true Hollywood style, the reveal is happening on the Warner Brothers lot in Burbank.
When the editorial team behind this year’s Forbes Sustainability Leaders List started brainstorming possibilities for the list, the name Elon Musk came up early. And for good reason. The 2008 introduction of the Tesla Roadster did something many thought impossible–it made electric cars cool. And as Tesla continued to deliver new models, it spurred the auto industry into accelerating their own EV models. That’s been a big deal for the environment in the U.S., where cars count for over 20% of total carbon emissions.
Who is the richest man in the world? Who is the richest woman in the world? Forbes break down the top 10.
Billionaire Elon Musk is set to interview former President Donald Trump Monday, marking the Tesla CEO’s latest foray into politics as he has increasingly aligned himself with the Republican Party and is actively working to help elect Trump—including by spearheading a pro-Trump super PAC supported by fellow billionaires.
The billionaires behind Tesla, Alphabet, Meta, LVMH and more saw their fortunes plunge in the billions on Wednesday following a rash of earnings reports that disappointed investors.