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Elon Musk is the wealthiest person in the world, with an estimated net worth of US$436 billion as of January 22, 2025, according to the Bloomberg Billionaires Index, [383] and $426 billion according to Forbes, [384] primarily from his ownership stakes in Tesla, Inc. and SpaceX.
Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. Its name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, Elon Musk led Tesla's first funding round and became the company's chairman; in 2008, he was named chief executive officer.
According to the Wall Street Journal, in September 2018, the company's stock fell to its lowest price in a year, around the time that CEO Elon Musk smoked marijuana during a live TV interview. [177] As of December 31, 2019, Musk owns 38,658,670 Tesla shares or 20.8% of the company. [178]
Elon Musk. Tesla CEO, Technoking, and board member. Executives Tom Zhu. Senior vice president Zhu was named senior vice president, automotive, in April 2023.
Musk's net worth began a rapid ascent at the start of the pandemic as Tesla stock prices soared. Musk started 2020 with an estimated net worth of just under $30 billion and was worth around $170 ...
Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025. ... Musk said owners will have the option to ...
In 2018, Musk was sued by the SEC for a tweet stating that funding had been secured for potentially taking Tesla private, later settling with the SEC, with Musk steping down as Tesla chairman while remaining it's CEO. In 2023, shareholders filed a lawsuit, and a jury subsequently found Musk and Tesla not liable.
A post shared on Facebook claims Tesla CEO and owner of X, Elon Musk, has purportedly acquired Ford Motor Company. Verdict: False The claim is false and appears to originally stem from a Sept. 16 ...