Elon Musk has become the carbon-based organism and primate with a wealth value of $500 billion (~RM 2.1 trillion). His worldly wealth reached half a trillion a few hours ago after Tesla shares jumped more than 3% even as the company's EV sales continued to decline in Europe and China and the United States ended EV purchase credits yesterday.
Musk is now on a positive trajectory to become the first trillionaire with Tesla's board of directors wanting to give him more stock holdings and a $1 trillion reward over 10 years if he remains the company's CEO. His status as the world's richest man was only challenged for a few hours by Oracle founder Larry Ellison three weeks ago.
Tesla's direction over the past year has changed with Musk saying it is no longer an automotive company but a robotics and artificial intelligence company. Fierce competition from BYD is causing Tesla's EV sales to suffer further.
Robot taxi services are still on a small scale while the Optimus robot has not yet been commercially marketed with Musk predicting millions will be sold for manufacturing needs and as human assistants in the future.