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.
they dropped 14% in sales, and in many countries, almost 100%. Net income dropped 16%.
New car sales in Norway in September 2025: 98% electric. 1/3 of them were Teslas. Sales are also up in Denmark.