Tesla shares jumped 22%, Musk's wealth soared more than $26 billion overnight
On Thursday (October 24th), Tesla's stock price recorded its best performance in 11 years, and the company's CEO and the world's richest man Musk's wealth also increased by more than 26 billion US dollars. Tesla's stock price rose 21.92% on Thursday to 260.48 US dollars per share, setting the best one-day gain since 2013, and its market value increased by about 150 billion US dollars. Thursday's increase of about 22% is also the company's second largest gain since it went public in 2010. According to the latest data from Forbes, Musk's personal net worth is currently 269.80 billion US dollars (as of October 24th). On Thursday, it increased by 26.40 billion US dollars, an increase of 10.83%.