Yes, that’s correct. The value of Elon Musk’s shares in Tesla Inc. has indeed grown significantly in recent years. The entrepreneur’s net worth soared due to Tesla’s outstanding stock market performance. However, it’s essential to note that fluctuation in net worth depends on a variety of factors including stock market performance, economic conditions, and other business ventures, not just political events.
Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
