Tesla(US:TSLA) Benzinga·2025-10-02 12:28Core Insights - Elon Musk has reached a net worth of $500 billion, making him the first person in history to achieve this milestone, primarily driven by the rise in Tesla stock and the valuations of SpaceX and xAI Holdings [2][3] Group 1: Musk's Wealth and Comparisons - Musk's net worth is $150 billion higher than Larry Ellison's, the second-richest person, and significantly exceeds Mark Zuckerberg's net worth of $245.8 billion [3] - Musk's wealth surpasses the market capitalizations of major companies such as Johnson & Johnson, Alibaba, and Palantir Technologies [3] Group 2: Tesla's Q3 Deliveries and Market Performance - Tesla is preparing for Q3 delivery numbers, which are expected to reflect the impact of U.S. subsidies on sales, with strong predictions from investors [4] - The new six-seater Model Y L is gaining traction in China, while European sales have declined due to an aging product lineup and concerns over Musk's political views [4][5] - Tesla's sales have been temporarily boosted by the $7,500 EV credit, but there are warnings that this momentum may decrease once the credit expires [5] Group 3: Tesla's Technological Advancements - The Cybertruck has demonstrated its technological capabilities by outperforming a Porsche 911 in a drag race, highlighting Tesla's innovation in the electric vehicle market [5] Group 4: Tesla's Stock Performance - Tesla has a growth score of 75.47% and a momentum rating of 89.97%, indicating strong performance relative to other leading tech companies [6]