Tesla CEO Elon Musk\u2019s net worth increased by $7.5 billion on April 23, after the tech billionaire recommitted to dedicating more time to the company. Speaking at Tesla\u2019s first quarter earnings call, Musk said that his time with the Department of Government Efficiency (DOGE) will drop \u2018significantly\u2019 next month. He said \u201cStarting next month, May, my time allocation to DOGE will drop significantly\u201d to a day or two per week. \u201cI’ll continue to spend a day or two per week on government matters for as long as the President would like me to do so,\u201d Musk said during Tesla\u2019s earnings call.<\/p>\n
Following the announcement, Tesla shares soared by 5% to $251. According to Forbes, the tech billionaire\u2019s total net worth rose to $369.2 billion after the Tuesday Q1 report.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tesla CEO Elon Musk\u2019s net worth increased by $7.5 billion on April 23, after the tech billionaire recommitted to dedicating more time to the company. Speaking at Tesla\u2019s first quarter earnings call, Musk said that his time with the Department of Government Efficiency (DOGE) will drop \u2018significantly\u2019 next month. He said \u201cStarting next month, May, my time allocation to DOGE will drop significantly\u201d to a day or two per week. \u201cI’ll continue to spend a day or two per week on government matters for as long as the President would like me to do so,\u201d Musk said during Tesla\u2019s earnings […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-925407","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/925407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=925407"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/925407\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=925407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=925407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=925407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}