News
Tesla’s Elon Musk edges out Bill Gates to become world’s 2nd richest person
As Tesla (NASDAQ:TSLA) continued to rise on Monday, CEO Elon Musk saw his net worth pass Microsoft co-founder Bill Gates. This effectively made Elon Musk the world’s second-richest person, with the Tesla and SpaceX CEO just ranking behind Amazon founder Jeff Bezos, who tops the list with a net worth of $182 billion.
During Tesla’s 6.5% surge on Tuesday, Musk’s net worth soared $7.2 billion, hitting the $127.9 billion mark. That was enough to overtake tech legend Bill Gates, whose net worth currently stands at $127.7 billion. With this latest update, Musk’s net worth has grown about $100.3 billion this year, the most out of anyone in the Bloomberg Billionaires Index, a list that ranks the world’s 500 richest people.

This is an incredible achievement for Musk, particularly as he ranked 35th on the list when the year started. Considering the meteoric rise of TSLA stock, however, this is not surprising, as Musk’s net worth is heavily tied to the electric car maker. As noted by the Los Angeles Times, about 75% of Musk’s net worth is tied to Tesla, and they are valued over four times as much as his stake in SpaceX, his private space venture.
Interestingly enough, Musk and Gates have been engaging in the occasional verbal spar this year. Following the Microsoft co-founder’s skeptical statements about electric trucks, Musk remarked on Twitter that Gates really had “no clue” about the vehicles. Gates, on the other hand, has been quite open about his stance on Musk’s open skepticism surrounding the pandemic.
Tesla stock has been on a tear this year, with the electric car maker’s shares surging over 520% year-to-date. Together with five consecutive profitable quarters, Tesla is also poised to see a boost later this year with its inclusion into the S&P 500. The company is poised to join the index this December 21, 2020.
Disclaimer: I am long TSLA
News
China considering EV acceleration limits to curb high-speed accidents
If approved, the regulation would be a national standard.
Recent reports have emerged stating that China is considering new national standards that would restrict how fast electric vehicles can accelerate upon each startup. The potential regulation is reportedly being considered amidst a rise in EV-related crashes.
The draft for the proposed regulation was released by the Ministry of Public Security on November 10. If approved, the regulation would be a national standard.
New regulation targets default performance limits
Under the proposal, all passenger vehicles would start in a state where acceleration from 0–100 km/h (0-60 mph) would take no less than five seconds. This rule would apply to both pure EVs and plug-in hybrids, and it is aimed at preventing unintended acceleration caused by driver inexperience or surprise torque delivery.
The public has until January 10, 2026, to submit feedback before the rule is finalized, as noted in a CNEV Post report.
Authorities have stated that the change reflects growing safety concerns amidst the arrival of more powerful electric cars. The new regulation would make it mandatory for drivers to deliberately engage performance modes, ensuring they are aware and ready for their vehicles’ increased power output before accelerating.
A rise in accidents
China’s EV sector has seen an explosion of high-powered models, some capable of 0–100 km/h acceleration in under two seconds. These speeds were once reserved for supercars, but some electric cars such as the Xiaomi SU7 Ultra offer such performance at an affordable cost.
However, authorities have observed that this performance has led to an uptick in accidents. I recent years, incidents of crashes involving lack of control in vehicles with rapid acceleration have risen, as per an explanatory note accompanying the draft.
Part of this is due to drivers seemingly being unprepared for the power of their own vehicles. For context, driving schools in China typically use cars that accelerate to 100 km/h in more than 5 seconds. This level of acceleration is also typical in combustion-powered cars.
@teslarati 🚨🚨 Tesla Full Self-Driving and Yap is the best driving experience #tesla #fsd #yapping ♬ I Run – HAVEN.
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Tesla Superchargers crowned best EV charging network in the UK for 2025
The Tesla Supercharger network was voted Best Large EV Charging Network for the second consecutive year.
Tesla has once again claimed the top spot in the UK’s most anticipated EV charging satisfaction survey. As per Zapmap’s 2025 driver satisfaction rankings, the Tesla Supercharger network was voted Best Large EV Charging Network for the second consecutive year.
The annual survey, based on thousands of EV driver responses, measures reliability, ease of use, and payment experience across the UK’s public charging landscape.
Tesla tops the survey’s “Large” category
Zapmap’s 2025 rankings, which were drawn from nearly 4,000 battery electric vehicle (BEV) drivers, reflect how quickly public charging is evolving across the UK. For the survey’s “Large” network class, which includes systems with over 500 devices, Tesla once again stood out for reliability and cost efficiency.
The automaker now offers 1,115 open Supercharger devices at 97 public sites, roughly 54% of its total UK network. That’s a 40% increase in public availability compared to September 2024. A particularly appreciated aspect of the Supercharger network is its cost, which continues to be “significantly lower prices than most rapid/ultra-rapid networks, with drivers also appreciating its reliability,” Zapmap noted.
Tesla Regional Manager’s comments
Ollie Dodd, Senior Regional Manager for Northern Europe Charging at Tesla, shared his appreciation for the Supercharger network’s award.
“We’re thrilled to win Zapmap’s Best EV Charging Network for the second year in a row. Being recognized by the drivers themselves shows that our customer-centric and data-driven approach to building sites is well-received. We look forward to showcasing more customer-centric features in 2026 as we expand the network further and look towards new initiatives in roaming and payment methods,” he said.
Conducted during September and October 2025, Zapmap’s eighth annual survey found that reliability and payment flexibility remain top priorities among EV drivers, two things that the Supercharger network particularly excels in. Fortunately for UK EV owners, the Supercharger network is also aggressively growing.
@teslarati 🚨🚨 Tesla Full Self-Driving and Yap is the best driving experience #tesla #fsd #yapping ♬ I Run – HAVEN.
News
Tesla Superchargers to be opened for VW ID.4 and ID. Buzz owners
The adapter, however, would need to be purchased by eligible customers.
Volkswagen has announced that owners of the ID.4 and ID. Buzz will soon gain access to Tesla’s expansive Supercharger network across North America.
Starting November 18, eligible drivers can charge at more than 25,000 compatible DC fast chargers using a Volkswagen-approved NACS adapter. The adapter, however, would need to be purchased by eligible customers.
Volkswagen goes NACS
To connect with the Tesla Supercharger network, ID.4 and ID. Buzz owners will need a $200 Volkswagen NACS-to-CCS adapter, which is available from dealers or online at parts.vw.com. Original owners of 2025 models can claim a $100 rebate within 90 days of purchase, with the program running through July 15, 2026, as noted in a press release. Starting with model year 2026, the NACS adapter will be included as standard equipment on all new Volkswagen EVs.
It should be noted that Volkswagen’s NACS adapter enables charging exclusively on DC fast chargers compatible with Tesla’s North American Charging System. It cannot be used with Level 1 or Level 2 AC chargers, including Tesla’s own Destination Charger network. Select 2024 and 2025 models will also receive a software update to ensure optimal performance when charging through NACS.
Volkswagen of America SVP’s comments
Volkswagen of America Senior Vice President of Product Marketing and Strategy Petar Danilovic shared his excitement about the ID.4 and ID. Buzz’s upcoming use of the Tesla Supercharger Network.
“This is great news for our EV owners,” he said. “They will now be able to access the more than 25,000 DC fast chargers on the Tesla Supercharger network across the United States, in addition to the more than 5,000 fast chargers on Electrify America’s grid. This makes life much more convenient, whether you are taking a road trip or you rely on public charging should home charging not be an option.”
To use the Supercharger Network, ID.4 and ID. Buzz owners could use the Tesla app to find compatible stations and pay directly for their charging sessions. Combined with Electrify America’s growing network, ID.4 and ID. Buzz owners now have more options for their charging needs, allowing them to travel long distances in their all-electric cars.
@teslarati 🚨🚨 Tesla Full Self-Driving and Yap is the best driving experience #tesla #fsd #yapping ♬ I Run – HAVEN.
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