Elon Musk Gets Almost $13 Billion Richer In One Week As Tesla Stock Hits 8-Month High

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The world’s richest person widened the gap on the competition after awarding Jeff Bezos a tongue-in-cheek silver medal.

he U.S. stock market has almost made a full recovery from its 4.7% decline in September, and the world’s richest person is reaping more of the rewards than anybody.

Elon Musk’s fortune swelled to a whopping $214.8 billion this week, increasing by $12.7 billion as Tesla stock posted steady gains every day and rose 7.3% from Monday to Friday to cross $800 per share for the first time since February. Tesla outperformed the S&P 500’s 1.8% increase this week, while the Dow Jones Industrial Average also gained 1.6%, fueled by a strong finish to the week on Thursday and Friday.

Tesla stock has surged nearly 50% since May 19 as the electric carmaker continues to deliver vehicles in record numbers. It said in early October that it delivered 241,300 cars in the second quarter, and this week it revealed it sold 56,000 cars in China in September from its Shanghai production facility, 12,000 more than it did in August. Jefferies raised its price target on Tesla shares to $950 leading up to its third quarter earnings report next Wednesday.

 

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Big deal - he cannot spend this amount!!!

I don’t see any of the morons in this chat doing anything to better them selves. Elon is moving making things. I’ll take his place anyway.

ArisMouz my friend

Come on man. He has no house and does not draw wages for himself and will pay a huge swag of tax once his options have to be closed out. I have no time for the super rich, but Elon is an exception who will do many more great things.

Show them!

Remember RedFloki when you think of elonmusk . This is his token!

He is Smart ---- he left Democrat destroyed California.

This headline should also include the fact that 1.083 billion Tesla shareholders also got 'richer' in the last week as Tesla's stock increased.

That's new🤔

Blood , Sweat and Tears 💯% - When you are working 100 hrs a week , and reinvesting every Penny back into your companies- This is what you get ! But Elon you CAN afford one of these … 🙂🙃🙂🙃 Just saying … LOL (Said with Love ❤️) ElonMusk

Wasn’t gonna reply but he’s actually very handsome.

What’s a week !

Yet many are fine with a teleprompter reader on msnbc making 30 million a year...🙄

Watch all the liberals pissed because of this instead they should quit complaining and work their asses off…

He deserves more

You go ElonMusk!

Unpopular opinion: elonmusk should take more than a $0 salary and screw what ppl think Also, Forbes should do this list based on personal spending power. Not some arbitrary net worth. Elon can't even access that 'wealth.' When he gets it, over half will go to taxes anyway 🙄

Elon Mush No1

QuotedReplies

Don't break your arm patting yourself on the back P. T Barnum.

It isn’t real money. Just initial investments in his companies that have increased in value over time. He’s never going to take them out of his companies so it’s not real money. It’s like if I had a family heirloom that was valuable but I never planned to sell it.

Que genio!! 🙌🏼🙌🏼🙌🏼🙌🏼

Cathie Wood choked! She sold Tesla, she sold Grayscale GBTC, if you're still using Arkinvest funds you're losing money.

He needs to cash in his stock now !

Hello Elone .Dogelone is yours?

The most interesting man in the world 🌎

Good for him. Capitalism works

Itna pasia ka kya kara ga yaar elonmusk

Goat

Guess who doesn’t care?

elonmusk The Mars man

Is it me or is Jeff just selfish and ugly and that’s why no one loves him? I mean ElonMusk is handsome, brilliant and strives to change the world for the better PLUS encouraging crypto for public gains. JeffBezos created a way for people to mindlessly spend money…Just sayin’

The article could easily be titled Elon Musk saving the world as Tesla’s continue to be manufactured at a breakneck clip. As a part of saving the world Elon has gained $13 billion in wealth which he’ll likely use in other good ways to save the world. But liberals still hate him

Can't withdraw that from his bank account not real money

Wish he would invest some our way

Good for him.

At least his wealth is believable, it should have a loyalty factor applied & when he leaves earth, will he still be on your list, or will you make a Mars list?

And pays almost nothing in taxes, you should love Murica. It is as if there is an inverse proportion between getting more rich and paying less in taxes.

Yes... Petrol prices are increased by elon and people related to solar or green energy... They want increased price of oil so that people have to buy green energy vehicles

Now that’s something to smile about 😂he looks happy. 😁

Gotta check my shares…

🤢🤮😡

ImranKhanPTI KElectricPk صبح سے لائٹ نھیں ھے کے الیکٹرک انتظامیہ کی نااہلی کو

Is this before or after the 57% tax hit

Mevlid Kandili, which is the day of the last prophet Prophet Muhammad (SAV), will be realized on this day. Have a blessed mawlid.

I enjoy you jealousy,

Well why not give every man women and child 1billion you could cure Homelessness,Starvation,the world economy would be running great,7.9 billion people on earth and he make 13 billion in a week…and you wonder why the world suffers….

That kind of article makes me annoying. It doesn't matter. Number is just a number. The ranking isn't even more important. elonmusk What does he really have? That's matter. 821052679254김태희

Buy Bitcoin...Now👍

How is his brain?

😱

Decline is faster then the climb. Hurry up STS.

Tesla got richer, Elon still gets $0 salary.

13 BILLION. Bro what the fuck

😩😩😩😩

Ummmm it’s not real money it’s the value of stock which goes up and down!

and yet i've yet to meet anyone who knows a single person who owns a tesla

Does this worth net include his Bitcoin and dogecoin ?

Another day on Top Gainers list on CoinMarketCap Who is ready for a trip to another universe? AinuToken CoinMarketCap shib Bitcoin BTC CryptoRelief_ coingecko GEM crypto cryptocurrency

give me some elonmusk 0x588513073b77fF7A3809190561006781d1C75498

And I am going to have to report a $600 cash withdrawal - F the IRS

Usd 100 worth of dogecoin may make you rich in a few years. Just 100 bucks.

I just don' get it America🇺🇸🇺🇸🇨🇦🇨🇦, GOP, mmpadellan , robreiner , maddow, 11thHour , PressSec , But yet people living on the streets, foodbanks run the poor, and people are starving in the world and dying,🌊🌊🌎🌍🌏🌐🗺️, AOC , Alyssa_Milano ,

So what ? Any benefit for People ? He should supply affordable cars insted of making more money just saying 🙂 in the End all his money left here & useless

I guess Lane_Kiffin bought a Tesla Everything he touches lately turns to gold. Nil OleMissFB elonmusk

空的

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That is one of the most fucked up sentences I’ve read in my life.

Teslas are darned-good cars.

G.O.A.T

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