Elon Musk has become the first person to reach a net worth of $500bn, bringing the Tesla chief executive halfway to trillionaire status.
Musk’s wealth temporarily crossed the half-trillion mark on Wednesday before retreating to $499bn, according to the Forbes billionaires list.
Musk owns 12% of Tesla, which is worth more than $1.5tn, and his wealth has been boosted this year by surge in the electric carmaker’s share price.
TSLA is heavily manipulated. Insiders have liquidated something like 100M in stock this year. They’re dead it just takes time, they don’t have a market for any vehicles anymore, the CT was a boondoggle, they have no new tech and are behind in every category now.
Nissan is still operating, give it some time, people will continue to dump TSLA and Elon can’t liquidate more than a couple billion in a year without tanking the price.