Elon Musk Disputes Reports Of Making $8.6M Every Hour: I 'Lose' Way More Every Time Tesla Stock Drops

Benzinga 2023-10-04

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Tesla CEO Elon Musk on Sunday disputed reports of his net worth rising by $8.6 million every hour.

Daily Dot reported on Saturday that the billionaire CEO’s net worth went up to $250 billion over the last three years from $24.6 billion. The report averaged this to $142,680 a minute or $8,560,800 an hour.

“If he went to bed for eight hours, he'd wake up the next morning to find himself $68,486,400 richer,” the report said.

Musk responded to the report on X, formerly Twitter, and said, “Such a silly metric. It's not a giant pile of cash.”

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