{"id":9823,"date":"2024-04-30T20:23:47","date_gmt":"2024-04-30T20:23:47","guid":{"rendered":"https:\/\/www.watanserb.com\/en\/?p=9823"},"modified":"2024-04-30T20:23:47","modified_gmt":"2024-04-30T20:23:47","slug":"elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title","status":"publish","type":"post","link":"https:\/\/www.watanserb.com\/en\/2024\/04\/30\/elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title\/","title":{"rendered":"Elon Musk’s Tesla Shares Surge, Propelling Him Closer to Richest Person Title"},"content":{"rendered":"

Watan-Tesla shares gained more than $82 billion during yesterday’s Monday trading session, resulting in a $16.8 billion increase in Elon Musk’s wealth, as his stake in the company amounts to 20.5% of its shares.<\/p>\n

According to Bloomberg’s Billionaires Index, Elon Musk made $37 billion in just 5 days, surpassing Meta’s Mark Zuckerberg as his net worth rose to $201.5 billion.<\/p>\n

This marks Elon Musk’s largest weekly gain since March 2022, before his agreement to purchase Twitter for $44 billion in one of the largest acquisition deals in history.<\/p>\n

Since then, Musk’s wealth has declined by the same amount it rose after a remarkable surge in 2020 and 2021.<\/p>\n

Elon Musk lost his title as the world’s richest person and fell to fourth place just a few weeks ago. However, he is now approaching the possibility of reclaiming his lost title, with his wealth estimated to reach around $200 billion, trailing Bernard Arnault and Jeff Bezos by approximately $2 billion.<\/p>\n

\"Increase
Increase in Elon Musk’s Wealth as He Earned $37 Billion in Just 5 Days<\/figcaption><\/figure>\n

Tesla is the third-largest company where investors are betting on a decline in its stock and hold short positions in the United States, after Nvidia and Microsoft.<\/p>\n

The total value of shorted shares in Tesla is $18.53 billion, or 3.97% of its shares.<\/p>\n

The company’s plan, led by Elon Musk<\/a>, to introduce cheaper models has alleviated some concerns about its growth slowdown.<\/p>\n

This comes after a turbulent week characterized by large-scale layoffs, executive departures, and price cuts.<\/p>\n","protected":false},"excerpt":{"rendered":"

Watan-Tesla shares gained more than $82 billion during yesterday’s Monday trading session, resulting in a $16.8 billion increase in Elon Musk’s wealth, as his stake in the company amounts to 20.5% of its shares. According to Bloomberg’s Billionaires Index, Elon Musk made $37 billion in just 5 days, surpassing Meta’s Mark Zuckerberg as his net …<\/p>\n","protected":false},"author":4,"featured_media":9824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[3110,119,3109],"class_list":["post-9823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bloombergs-billionaires-index","tag-elon-musk","tag-tesla"],"yoast_head":"\nElon Musk's Tesla Shares Surge, Propelling Him Closer to Richest Person Title - Watan<\/title>\n<meta name=\"description\" content=\"Elon Musk's Tesla stock skyrockets, boosting his wealth and positioning him to reclaim the title of world's richest person.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.watanserb.com\/en\/2024\/04\/30\/elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk's Tesla Shares Surge, Propelling Him Closer to Richest Person Title\" \/>\n<meta property=\"og:description\" content=\"Elon Musk's Tesla stock skyrockets, boosting his wealth and positioning him to reclaim the title of world's richest person.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.watanserb.com\/en\/2024\/04\/30\/elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title\/\" \/>\n<meta property=\"og:site_name\" content=\"Watan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/watanserbusa\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/profile.php?id=100077373524062\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-30T20:23:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.watanserb.com\/en\/wp-content\/uploads\/2024\/04\/eylon-mask-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1100\" \/>\n\t<meta property=\"og:image:height\" content=\"824\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anas Al Salem\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@aalsalim220\" \/>\n<meta name=\"twitter:site\" content=\"@watanserb_news\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anas Al Salem\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.watanserb.com\\\/en\\\/2024\\\/04\\\/30\\\/elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.watanserb.com\\\/en\\\/2024\\\/04\\\/30\\\/elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title\\\/\"},\"author\":{\"name\":\"Anas Al Salem\",\"@id\":\"https:\\\/\\\/www.watanserb.com\\\/en\\\/#\\\/schema\\\/person\\\/9fd1702b9db019eaf8102722e504563d\"},\"headline\":\"Elon Musk’s Tesla Shares Surge, Propelling Him Closer to Richest Person Title\",\"datePublished\":\"2024-04-30T20:23:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.watanserb.com\\\/en\\\/2024\\\/04\\\/30\\\/elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title\\\/\"},\"wordCount\":263,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.watanserb.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.watanserb.com\\\/en\\\/2024\\\/04\\\/30\\\/elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.watanserb.com\\\/en\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/eylon-mask-1.jpg\",\"keywords\":[\"Bloomberg's Billionaires Index\",\"Elon Musk\",\"Tesla\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.watanserb.com\\\/en\\\/2024\\\/04\\\/30\\\/elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title\\\/\",\"url\":\"https:\\\/\\\/www.watanserb.com\\\/en\\\/2024\\\/04\\\/30\\\/elon-musks-tesla-shares-surge-propelling-him-closer-to-richest-person-title\\\/\",\"name\":\"Elon Musk's Tesla Shares Surge, Propelling Him Closer to Richest Person Title - 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