Elon Musk made nearly $12bn of Tesla money in a week

Elon Musk made nearly $12bn of Tesla money in a week, according to reports.

The Dow Jones Market Data Group claims Musk added an astonishing $11.98 billion to his wealth in just seven days.

Musk holds 423,622,000 Tesla shares and his holdings jumped from $53.87bn on 19 January to $67.89bn, based on the closing price on 26 January.

Tesla, which is up 48 per cent since the beginning of 2023, remains the best performer on the Nasdaq 100.

According to the company’s latest earnings release, Tesla brought in $24.32bn in revenue in Q4.

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