Elon Musk banks nearly $12B of Tesla money in a week

Fox Business reports that according to the Dow Jones Market Data Group, Musk added $11.98 billion to his wealth in seven days. Musk holds 423,622,000 Tesla shares. Musk’s holdings jumped from $53.87 billion on Jan. 19 to $67.89 billion based on the closing price on Jan. 26. Tesla, which is up 48% since the beginning of 2023, remains the best performer on the Nasdaq 100. According to the company’s latest earnings release, Tesla brought in $24.32 billion in revenue in Q4.

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