Elon Musk's Net Worth Tops $400 Billion

All that money - and it wouldn’t fund the Biden government for a month.

May he grow even richer and may he share that wealth with the projects taken on by Trump.

I haven’t seen anyone else pointing this out but if the government subsides stop for EV’s he will make out like a bandit!!!

No other manufacture can make EV’s at a profit so everyone else will drop out of making these without government incentives.

But I’d call this a win-win.

Net worth is meaningless, until it is spent. If Kamala got elected, his actual worth would plunge to near-nothing as she would tax unrealized capital gains. My unrealized capital gains are just that, unrealized until I convert it to cash and try to spend it, but the government takes a huge bite out of it, so no, people are not worth their net worth when it is unrealized. Reality sucks because of gov’t theft.

The guy is amazing. He’s a force of nature.

He’s worth $400 billion and has made the millions of people that have invested in Tesla stock close to a TRILLION! Not to mention all the jobs he’s created. I don’t resent one penny of his wealth and I look forward to him being the first trillionaire.

Having said all that, I think right now Tesla is overvalued - its market cap currently is like 2-3 times that of all the auto companies COMBINED!!

Yeah, but he has already announced that when Space-X goes public, TSLA shareholders get first shot at the mother of all IPOs.

**Net worth is meaningless, until it is spent.**

Same with my empire which has been described as that of a a two percenter. 40 years of frugality will do that. Go out and spend it? What for? Can’t leave home for more than a week or 2 without getting bored. Some dirty old men go to Thailand. Sat cross from a few of them at a horseshoe shaped bar. Not too appealing. I see it as F U money that no one can take. Doesn’t mean they won’t try if given the chance. Just keep eating the veggies.

But will find a lot of ads against Senate RINOS.

That will certainly be the Mother of all IPO’s

It’s a good thing I’m his cousin seven generations apart.

I haven’t seen anyone else pointing this out but if the government subsides stop for EV’s he will make out like a bandit!!!

IMHO, if I was an investor in an EV company I'd want the marketing to change. You never hear EV's marketed or government policy talking about EV's with the idea of having an EV as one of your two cars in a 2-car family. Most EV owners are in that situation (it keeps you from having to be all-in on EV tech to get the gas and oil change savings for those of us who drive a lot).

But few people who are in that kind of situation that might be good for an EV think about it like that. EV's are always presented as compared to gas cars as an EITHER/OR type choice, not a BOTH/AND type choice. Thus, almost all EV owners are either warmageddon cult zealots, or the few who are both in a practical situation for an EV and yet can also think outside the box beyond how EV's are marketed.

If the marketing changes to present EV's as a good car for the one in a two car family that's driven a lot of home charged miles (IMHO that's about 12K miles for the gas and oil change savings to be worth the extra costs of an EV), it might reach more people who might buy one for practical reasons instead of ideological reasons.

“No other manufacture can make EV’s at a profit”

BYD can/does,

He will just plow most of his net worth back into his endeavors, possibly keeping only a few billion for himself if he gets shut down.

Praying God blesses, protects, and directs Elon’s life and wealth.

And Tesla just hit $420 today, the magic number. With Optimus on the way, there’s room for a lot more growth - someday soon Tesla’s EV business might be viewed the same way we view Netflix’s old business model of shipping DVDs out for rentals.