Elon Musk Has 75% Chance Of Becoming Trillionaire In 2026, Says He's Helped Others 'Thousands Of Times Over' In Creating Wealth - Tesla (NASDAQ:TSLA)

Core Insights - Elon Musk's net worth of $849.3 billion is primarily derived from his ownership stakes in Tesla and SpaceX, with less than 0.1% in cash [2] - Tesla is predominantly owned by retail investors and institutional funds, with over 80% of its shares held by these groups [2] - Predictions indicate a 78% probability that Musk could reach a $1 trillion net worth before 2027, especially following the merger of SpaceX with his AI firm xAI, which is valued at approximately $1.25 trillion [3] Company Performance - Tesla reported quarterly earnings of 50 cents per share, exceeding the consensus estimate of 45 cents by 12.36%, with total revenue of $24.9 billion, surpassing the analysts' estimate of $24.78 billion [4] - Tesla's stock has shown a strong long-term price trend, earning a solid Momentum rating, although it is currently trending downward in the short and medium term [4]