Elon Musk Becomes First Person on Earth to Touch $500 Billion Net Worth

Elon Musk Becomes First Person on Earth to Touch $500 Billion Net Worth

Elon Musk — CEO of Tesla, SpaceX, and owner of X — has set another record, becoming the first individual in history to briefly reach a net worth of $500 billion, according to Forbes. Musk’s fortune peaked at $500.1 billion before dipping slightly to $499.1 billion, putting him nearly halfway toward becoming the world’s first … Read more

Tesla Opens Cybertruck Trade-Ins But the Depreciation Is Brutal

Tesla Opens Cybertruck Trade-Ins But the Depreciation Is Brutal

Tesla has officially begun accepting trade-ins for the Cybertruck — but early owners might want to brace themselves. According to InsideEVs, depreciation is steep, and the numbers are raising eyebrows. Recent data from CarGurus shows Cybertruck models dropping up to 45% in value. Business Insider also spoke with two early adopters who shared their disappointing … Read more