Tesla Shares Surge, Boosting Elon Musk's Wealth by $20 Billion

Elon Musk's close ties to newly re-elected President Donald Trump are believed to be driving investor optimism.

Elon Musk's net worth has increased to $335 billion following a significant rise in Tesla's stock price.
Tesla shares climbed 9% to $350, pushing the company's market valuation over $1.1 trillion.
Musk's wealth increase solidifies his position as the world's richest person, ahead of Jeff Bezos.
Investors speculate that Musk's relationship with Trump could benefit Tesla through potential government collaborations.
Despite the stock surge, Tesla faces ongoing scrutiny from U.S. authorities and challenges in the electric vehicle market.