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Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.
Can he sustain it for how long?
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man
So what do you think?It's primarily based on Tesla stock, so his fortune is tied very much to what Tesla's stock price does. My own opinion is Tesla is disgustingly overvalued. It's valued like it's the only EV maker in the world and given tech company multiples instead of automobile multiples, so as competition ramps up and Tesla continues to have quality and safety problems, this stock will eventually run into reality. Same for Elon's net worth.