Yes, you are correct. Since Donald Trump’s 2016 election victory, Tesla’s stock price has significantly increased, contributing to Elon Musk’s wealth. However, it is important to mention that his net worth is tied to his stock holdings, which are subject to fluctuations in the market. Also, various factors can influence such changes, including product releases, company growth, market trends, and broader economic conditions, not necessarily directly tied to a specific political event or individual.
Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
