Tesla CEO Elon Musk added $26 billion to his wealth after the company's stock surged 22%, the biggest rally since 2013. Musk is now worth about $269 billion. Tesla’s better-than-expected earnings and Musk’s projection of vehicle growth in 2025 boosted the stock. Musk controls around 13% of Tesla shares, which form a significant portion of his wealth, alongside stakes in SpaceX and xAI. Tesla shares had declined before the earnings announcement but have now recovered, gaining 5% in 2024.