Elon Musk has reached a new milestone by becoming the first individual in history to achieve a net worth of $500 billion. Forbes’ Real-Time Billionaires tracker confirmed the record Wednesday afternoon after Tesla stock gained nearly 4%, adding an estimated $9.3 billion to Musk’s net worth in a single day. 

He now sits more than $150 billion ahead of Oracle co-founder Larry Ellison, whose net worth also stands at a very impressive $350 billion.

Tesla stock leads wealth surge

Musk’s fortune remains heavily tied to Tesla, which has rallied nearly 100% since April, when the CEO announced he would step back from outside roles to focus more on the EV maker. The company’s market capitalization is back within 10% of its all-time peak, lifting the value of Musk’s 12% stake to about $191 billion. 

Beyond this, his 2018 compensation package, which was rescinded by a Delaware judge last year but is still under appeal, could unlock additional stock worth more than $130 billion if reinstated, Forbes noted. Investors see Musk’s refocused leadership as a stabilizing force for Tesla as it pursues ambitious global growth. Tesla has also proposed a new compensation plan for Musk that could bring the company’s market cap to $8.5 trillion and add an additional $900 billion to the CEO’s net worth. 

SpaceX and xAI boost portfolio value

While Tesla drives much of his wealth, Musk’s stakes in SpaceX and xAI have added significant upside to his net worth. SpaceX, his private rocket company, recently hit a $400 billion valuation in a private tender offer, valuing Musk’s 42% stake at $168 billion. Meanwhile, xAI Holdings, which merged with social platform X earlier this year, is worth an estimated $113 billion, giving Musk another $60 billion on paper. 

These ventures, combined with Tesla’s resurgence, have pushed Musk’s net worth past the half-trillion-dollar mark and highlighted his reach across multiple industries, from clean energy to space, artificial intelligence, brain implants, and tunneling.

The Tesla Model Y Performance has been launched in the United States, and as it turns out, it has a killer feature beyond its stellar speed and driving dynamics.

Apart from raw driving fun, the new Model Y Performance also has the capability to power appliances through its Vehicle to Load (V2L) and Vehicle to Home (V2H) bi-directional charging. 

Only the second Tesla

V2L and V2H systems have long been requested by electric vehicle owners. Prior to the Model Y Performance, the feature has only been offered in the Tesla Cybertruck, one of the company’s most expensive vehicles. With customers ordering the new Model Y Performance at the end of the third quarter, however, some noticed that their vehicles were listed with V2L and V2H systems. 

These features, or at least V2L specifically, was confirmed by the official Tesla account on social media platform X. In a response to a Tesla shareholder who highlighted the much-requested feature, the official Tesla X account noted that V2L is possible with a Tesla Outlet Adapter. “New Model Y Performance offers Vehicle to Load (120V 20A AC) with Tesla Outlet Adapter,” Tesla wrote in its post.

Affordable accessory

To be fair, Tesla’s official X account only referenced the new Model Y Performance’s V2L system. Details of the newly launched variant of the best-selling all-electric crossover’s V2H function are yet to be specified. However, it is difficult not to be excited about the new Model Y Performance’s V2L system, as the Tesla Power Adapter is available on the Tesla Shop for just $80. 

The new Model Y Performance’s V2L and V2H systems bode well for the features’ rollout to Tesla’s other vehicles. If such a function has made it to the top-tier Model Y, after all, it might only be a matter of time before similar features are introduced to the company’s other vehicles, such as the Model 3 sedan and the Model S and X. 

Tesla has revealed some pretty crazy Supercharging statistics from the third quarter, and there was also a very interesting tidbit regarding the Diner it opened in Los Angeles, as well.

In an update posted by Tesla’s Charging account on X, it revealed several interesting tidbits about Supercharger growth, as well as usage and environmental offset, all occurring in the third quarter:

• 4,000 new Supercharger stalls opened, up 18% year-over-year
• 1.8 TWh of energy delivered to vehicles, up 29% year-over-year
• 842 million liters of gasoline saved, equivalent to 2 billion kilograms of CO2 offset
• 54 million quarterly charging sessions, up 31% year-over-year

The most useful and impressive statistics here are the 4,000 new Supercharger stalls opened in the third quarter, and the environmental impact of gasoline saved. More chargers are crucial to keep up with the increase of EVs on the road, even non-Teslas, as many OEMs have access to the company’s network.

Additionally, the environmental impact of using fewer gallons of gasoline for passenger transportation reduces our reliance on fossil fuels. This is still something that Tesla strives for to this day, as Elon Musk detailed in the Master Plan.

On a lighter note, Tesla also detailed the number of Tesla Burgers it sold at its Supercharger Diner in Los Angeles in Q3. It’s a pretty impressive number:

• 50,000 Tesla Burgers sold, up 100% tastiness

Tesla’s Supercharger Diner first opened in late July, so it has been in operation for a little over two months so far.

Tesla Supercharger Diner officially opens: menu, prices, features, and more

In the roughly 70 days the Diner has been in operation, Tesla has managed to sell about 715 burgers each day. This is incredibly impressive considering the company’s focus on localized, sustainably sourced ingredients and how it stacks up against a fast food franchise like McDonald’s.

The average McDonald’s franchise sells approximately 14,000 burgers per month, Grok says. Tesla would have outpaced that by a considerable margin if its statistics are accurate. It’s pretty impressive.

🚨 4,000 new Supercharger Stalls opened in Q3, with 54 million charging sessions occuring, up 31% year-over-year

Oh, and the Tesla Diner sold 50,000 hamburgers https://t.co/0eRLgDKkXV pic.twitter.com/1PfmEZ27Uy

— TESLARATI (@Teslarati) October 1, 2025

Tesla’s Supercharger presence is felt in many countries across the world, with over 70,000 stalls available. While many EV owners charge at home, the expansion of the Supercharger Network is a necessary thing to have for commuters, road trips, and longer travel.

Tesla has done a great job of being inclusive to other EV makers as well.