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GOBankingRates
GOBankingRates
Peter Burns

The Tesla Investing Mistake That Could Cost You Thousands

baileystock / iStock.com

Tesla CEO Elon Musk is the richest person in the world. While his net worth is slightly under $500 billion as of early December, he recently became the first person to have a personal fortune of over $500 billion after being the first to amass a net worth of $400 billion the year before. Much of his wealth comes from ownership stakes in various companies, including Tesla, an electric vehicle manufacturer. When Tesla’s stock value rises or falls, so does his net worth.

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