Entrepreneurshares LLC COO Eva Ados talks about the SpaceX CEO’s company’s success on Making Money.
Elon Musk’s net worth As Tesla’s stock soars, it’s now twice as big as the next closest billionaire on the world’s richest list.
of Forbes real-time billionaires list As of Thursday afternoon, Musk’s net worth was about $681 billion, extending the Tesla CEO and entrepreneur’s lead as the world’s richest person.
That’s more than double the next billionaire on the list, Google co-founder Larry Page, who had a total fortune of $249 billion as of Thursday.
Rounding out the top five are Amazon founder Jeff Bezos with $239 billion, Google co-founder Sergey Brin with $229.9 billion, and Oracle co-founder Larry Ellison with $229.6 billion.
Musk predicts AI will create ‘universal high income’ and eliminate the need for savings
Tesla CEO Elon Musk has widened his lead as the world’s richest person as the EV maker’s stock price soars. (Chesnot/Getty Images)
Earlier this week, tesla stock This is the highest closing price since December 17, 2024, when it last recorded its highest closing price.
Stocks rose after Musk said on Monday: Electric vehicle (EV) Manufacturers were testing robotaxis without a safety monitor in the passenger seat.
Elon Musk’s Tesla faces new criticism from ‘Big Short’ investor Michael Burley
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 483.37 | +16.11 |
+3.45% |
Tesla stock also rose due to the following announcement: California Department of Transportation Tesla will suspend a 30-day sales ban imposed after regulators determined that Tesla’s use of the brand names “Autopilot” and “Full Self-Driving” to market its self-driving technology was misleading because the technology requires supervision and is not self-driving.
The California DMV delayed the suspension for 90 days to give Tesla a chance to remedy the situation. Separately, a 30-day manufacturing license suspension was suspended indefinitely.
Tesla shareholders approve Musk’s $1 trillion compensation package
Tesla stock has soared to a one-year high in recent weeks. (John Paraskevas/Newsday RM via Getty Images)
DMV Director Steve Gordon told reporters Tuesday that regulators’ concerns are now focused on the term Autopilot, as Tesla has taken steps to address concerns about the term. Fully autonomous driving.
tesla autopilot This feature helps Tesla cars accelerate, brake, and stay in their lane on the highway. Meanwhile, fully autonomous driving capabilities allow the car to change lanes and follow traffic lights on city roads.
CLICK HERE TO GET FOX BUSINESS ON THE GO
The company now includes the term “supervised” when describing FSD in passenger vehicles. Use an unsupervised version of the software when moving your car. assembly line Some factories deliver lots. The robotaxi service in Austin, Texas, also uses FSD, with passenger seat human safety monitors and remote support.
Reuters contributed to this report.
