That’s right! Tesla’s value has soared dramatically since 2016. This has greatly increased Elon Musk’s net worth as he owns a significant portion of Tesla’s shares. The increasing adoption and focus on electric vehicles, self-driving technology, and renewable energy underpinned the rise of Tesla’s stock price. Please note that a number of factors can affect stock prices, not just political outcomes. The increased worth that you’ve mentioned also depends on the current stock price which fluctuates over time.
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