Tesla’s Record Profit Adds $34 Billion to Elon Musk's Fortune

 


Tesla CEO Elon Musk, already the world’s wealthiest individual, added $34 billion to his fortune in a single day following Tesla’s record-breaking earnings. This remarkable surge was driven by a 22% spike in Tesla's stock value, marking its strongest performance since 2013.

 The quarterly earnings report showed Tesla’s biggest profit since mid-2023, coupled with a profitable debut for the Cybertruck—a milestone Musk hinted as a step towards Tesla's goal of becoming the world’s most valuable company.

Musk’s vision for Tesla extends beyond electric vehicles. He aims to introduce Cybercab robo-taxis by 2026 and continues innovation with Tesla’s clean energy solutions. Musk's wealth isn’t solely from Tesla; stakes in SpaceX and X (formerly Twitter) contribute significantly to his financial empire, currently estimated at $270.3 billion. This remarkable day further solidifies his influence in both the tech and automotive industries, underscoring Tesla’s ambitious roadmap to revolutionize transportation and energy.

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