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Tesla’s Elon Musk passes rival Mark Zuckerberg in net worth
Tesla’s meteoric surge in stock price has put CEO Elon Musk ahead of Facebook’s Mark Zuckerberg on the Richest in the World list. The two men have a tumultuous relationship that has resulted in a rivalry, and it all started in 2016 when SpaceX’s Falcon 9 rocket blew up, destroying a Facebook satellite.
Musk is now the third-richest person in the world after Tesla stock (NASDAQ: TSLA) split on August 31, 2020. The surge has increased the company’s shares by 9.89%, or $43.83 at the time of writing.
Bloomberg reports that as of 11:25 am EST, Musk is worth $111.3 billion, which is $800 million richer than Zuckerberg.
Tesla’s stock has surged more than 475% this year, adding over $76 billion to Musk’s fortune. Meanwhile, the CEO continues to advance his entities forward, including Tesla’s electric vehicles and SpaceX’s rockets and satellite projects.
However, the latter company is apart of where the relationship between the two billionaires went awry. In 2016, Musk’s SpaceX was performing a pre-launch test for the Falcon 9 rocket. The test proved to be a failure as a fire caused the rocket to ignite a massive fireball. SpaceX’s rocket wasn’t the only thing to catch fire, as Zuckerberg’s Internet.org satellite was destroyed in the accident, and Zuckerberg was not a happy camper.
In a Facebook post from the former Harvard student who spent his summers in Silicon Valley coding the largest social media platform in the world, Zuckerberg voiced his discontent. He stated that he was “deeply disappointed” that “SpaceX’s launch failure destroyed our satellite.”

Musk apologized, and SpaceX provided a free launch for Zuckerberg to make up for the failure. He also stated that “I think they had some insurance.”
Ever since then, the two men have not been able to settle their differences, and Elon and “Zuck” have traded barbs toward each other for several years. Zuckerberg has hazed Elon for his fear of artificial intelligence, which Musk states can pose a threat to the human race. Elon, on the contrary, has encouraged people to get rid of their Facebook accounts, stating that the social media platform “sucks.”
Musk even deleted Tesla and SpaceX’s official Facebook accounts.
Whether the two men will ever become friends is unknown.

Musk has surged toward the top spot of the Billionaires list, but he is still far off from Amazon CEO Jeff Bezos, who has a net worth of about $200 billion. Tesla’s increase in value on Wall Street has added money to Elon’s pockets, but material possessions are not of importance to him. This was evident after he sold his houses earlier this year.
“Don’t need the cash,” Musk said when someone asked if he needed money. “Devoting myself to Mars and Earth. Possession just weigh you down.”
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Tesla FSD fleet is nearing 7 billion total miles, including 2.5 billion city miles
As can be seen on Tesla’s official FSD webpage, vehicles equipped with the system have now navigated over 6.99 billion miles.
Tesla’s Full Self-Driving (Supervised) fleet is closing in on almost 7 billion total miles driven, as per data posted by the company on its official FSD webpage.
These figures hint at the massive scale of data fueling Tesla’s rapid FSD improvements, which have been quite notable as of late.
FSD mileage milestones
As can be seen on Tesla’s official FSD webpage, vehicles equipped with the system have now navigated over 6.99 billion miles. Tesla owner and avid FSD tester Whole Mars Catalog also shared a screenshot indicating that from the nearly 7 billion miles traveled by the FSD fleet, more than 2.5 billion miles were driven inside cities.
City miles are particularly valuable for complex urban scenarios like unprotected turns, pedestrian interactions, and traffic lights. This is also the difference-maker for FSD, as only complex solutions, such as Waymo’s self-driving taxis, operate similarly on inner-city streets. And even then, incidents such as the San Francisco blackouts have proven challenging for sensor-rich vehicles like Waymos.
Tesla’s data edge
Tesla has a number of advantages in the autonomous vehicle sector, one of which is the size of its fleet and the number of vehicles training FSD on real-world roads. Tesla’s nearly 7 billion FSD miles then allow the company to roll out updates that make its vehicles behave like they are being driven by experienced drivers, even if they are operating on their own.
So notable are Tesla’s improvements to FSD that NVIDIA Director of Robotics Jim Fan, after experiencing FSD v14, noted that the system is the first AI that passes what he described as a “Physical Turing Test.”
“Despite knowing exactly how robot learning works, I still find it magical watching the steering wheel turn by itself. First it feels surreal, next it becomes routine. Then, like the smartphone, taking it away actively hurts. This is how humanity gets rewired and glued to god-like technologies,” Fan wrote in a post on X.
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Tesla starts showing how FSD will change lives in Europe
Local officials tested the system on narrow country roads and were impressed by FSD’s smooth, human-like driving, with some calling the service a game-changer for everyday life in areas that are far from urban centers.
Tesla has launched Europe’s first public shuttle service using Full Self-Driving (Supervised) in the rural Eifelkreis Bitburg-Prüm region of Germany, demonstrating how the technology can restore independence and mobility for people who struggle with limited transport options.
Local officials tested the system on narrow country roads and were impressed by FSD’s smooth, human-like driving, with some calling the service a game-changer for everyday life in areas that are far from urban centers.
Officials see real impact on rural residents
Arzfeld Mayor Johannes Kuhl and District Administrator Andreas Kruppert personally tested the Tesla shuttle service. This allowed them to see just how well FSD navigated winding lanes and rural roads confidently. Kruppert said, “Autonomous driving sounds like science fiction to many, but we simply see here that it works totally well in rural regions too.” Kuhl, for his part, also noted that FSD “feels like a very experienced driver.”
The pilot complements the area’s “Citizen Bus” program, which provides on-demand rides for elderly residents who can no longer drive themselves. Tesla Europe shared a video of a demonstration of the service, highlighting how FSD gives people their freedom back, even in places where public transport is not as prevalent.
What the Ministry for Economic Affairs and Transport says
Rhineland-Palatinate’s Minister Daniela Schmitt supported the project, praising the collaboration that made this “first of its kind in Europe” possible. As per the ministry, the rural rollout for the service shows FSD’s potential beyond major cities, and it delivers tangible benefits like grocery runs, doctor visits, and social connections for isolated residents.
“Reliable and flexible mobility is especially vital in rural areas. With the launch of a shuttle service using self-driving vehicles (FSD supervised) by Tesla in the Eifelkreis Bitburg-Prüm, an innovative pilot project is now getting underway that complements local community bus services. It is the first project of its kind in Europe.
“The result is a real gain for rural mobility: greater accessibility, more flexibility and tangible benefits for everyday life. A strong signal for innovation, cooperation and future-oriented mobility beyond urban centers,” the ministry wrote in a LinkedIn post.
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Tesla China quietly posts Robotaxi-related job listing
Tesla China is currently seeking a Low Voltage Electrical Engineer to work on circuit board design for the company’s autonomous vehicles.
Tesla has posted a new job listing in Shanghai explicitly tied to its Robotaxi program, fueling speculation that the company is preparing to launch its dedicated autonomous ride-hailing service in China.
As noted in the listing, Tesla China is currently seeking a Low Voltage Electrical Engineer to work on circuit board design for the company’s autonomous vehicles.
Robotaxi-specific role
The listing, which was shared on social media platform X by industry watcher @tslaming, suggested that Tesla China is looking to fill the role urgently. The job listing itself specifically mentions that the person hired for the role will be working on the Low Voltage Hardware team, which would design the circuit boards that would serve as the nervous system of the Robotaxi.
Key tasks for the role, as indicated in the job listing, include collaboration with PCB layout, firmware, mechanical, program management, and validation teams, among other responsibilities. The role is based in Shanghai.
China Robotaxi launch
China represents a massive potential market for robotaxis, with its dense urban centers and supportive policies in select cities. Tesla has limited permission to roll out FSD in the country, though despite this, its vehicles have been hailed as among the best in the market when it comes to autonomous features. So far, at least, it appears that China supports Tesla’s FSD and Robotaxi rollout.
This was hinted at in November, when Tesla brought the Cybercab to the 8th China International Import Expo (CIIE) in Shanghai, marking the first time that the autonomous two-seater was brought to the Asia-Pacific region. The vehicle, despite not having a release date in China, received a significant amount of interest among the event’s attendees.