Tesla ATH Pushes Musk Net Worth to $400 Bln! Is The New Era Beginning?

Elon Musk's net worth has hit $400 billion, making him the first person to ever reach this milestone, according to Bloomberg.

His wealth recently increased by almost $20 billion after a deal boosted the value of his rocket company, SpaceX, to about $350 billion.

Short sellers are taking heavy losses—could a short squeeze be imminent?

$Tesla Motors(TSLA)$ hit an all-time high of$424 on Wednesday. Shortsellers suffer much as Tesla has risen about 30% in the past 30 days.

Good news keeps coming one after another.

• ​ $Tesla Motors(TSLA)$ sold an impressive 21,900 electric vehicles in the first week of December, marking its highest weekly sales since Q4 2024.

• At the same time, Tesla has been frequently releasing updates on the development of its humanoid robot. Musk claims that Optimus represents a multi-trillion-dollar opportunity for the company. Analysts predict that the market size for humanoid robots could reach $7 trillion by 2050.

The importance of Tesla and X.com for the Optimus Robot.

• At a Deutsche Bank investor conference, Tesla announced plans to launch the entry-level Model Q in early 2025. After subsidies, the car will be priced under $30,000 in North America.

Could Musk’s net worth reach $1 trillion?

Currently, no one has even reached $300 billion, but Musk seems the most likely candidate to become the first trillionaire.

Musk has founded seven major companies and currently serves as CEO of six of them:

• Tesla: $1.33 trillion

• SpaceX: $350 billion

• xAI: $50 billion

• X: $12 billion

• Neuralink: $8 billion

• The Boring Company: $7 billion

Are you bullish on Tesla after it hits all-time-high?

Time to pullback or head to $450, $500?

Would you take profit or keep holding?

Will Musk become the first trillionaire?

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