Elon Musk Is Now $5B Richer Than Mark Zuckerberg

Tesla CEO Lord King Elon Musk is finally richer than Facebook co-founder Mark Zuckerberg after Tesla 5-1 stock split.

According to the Bloomberg Billionaires Index, Elon Musk passed Facebook Inc. co-founder Mark Zuckerberg today as shares of the electric vehicle maker rallied 12.57% after undergoing a forward stock split, adding $11.7 billion to the net worth of Elon Musk.

Elon Musk is now worth $115.4 billion compared with $110.8 billion for Zuckerberg.

Tesla market cap is now a whopping $464 billion, compare to Toyota $182.919 billion, General Motors $42.403 billion, Volkswagen $73.499 billion, Daimler $45.622 billion, BMW $38.877 billion.

Elon Musk’s net worth has grown massively almost $88 billion this year alone, as shares of his company, the world’s most valuable electric vehicle manufacturing companies are up almost 500%. The CEO has also bagged corporate pay deals, bigger than what any CEO has ever bagged historically. A deal is known to be the largest corporate pay deal ever struck between a chief executive officer and a board of directors.

This Is Just The Beginning

On September 22, Tesla is set to announce a battery breakthrough that the company has been working on since the last battery announcement.

Wall Street analysts are predicting the electric car manufacturer will announce a million miles battery.

“We’re all waiting to see what Tesla is going to come out within the battery,” Brian Gu vice chairman and president of China’s newest publicly traded electric vehicle maker Xpeng.

“We believe that the China growth story is worth at least $400 per share in a bull case to Tesla as this EV penetration is set to ramp significantly over the next 12 to 18 months, along with major battery innovations coming out of Giga 3 (million-mile battery remains an elusive goal now in the grasp in our opinion),” Ives wrote in a note.

“In our view, nothing matters more on Battery Day than understanding how the ‘million-mile’ batteries could profoundly change the auto business model,” Philippe Houchois of Jefferies wrote.

The latest analyst to rate the stock is Canaccord Genuity analyst Jonathan Dorsheimer. He maintained a Hold rating on Tesla on Friday and set a price target of $442.00.

Aright guys, do you think Elon Musk will one day be the richest man alive?.

Tesla Receives Approval To Erect Concrete Piles

This is a big deal for Tesla gigaberlin construction. On Monday, Tesla finally received a building permit from the Environmental Office in Grünheide, Brandenburg, which will allow Tesla to continue the construction of the factory. 

according to a corresponding statement, this latest approval will allow Tesla to erect piles for the foundations. This comes after Tesla massively reduced the number of piles needed for the factory from over 10,000 pieces to just about 1100 pieces, to be used. According to a Tesla spokesperson last week Friday, Tesla has already installed about 500.

This move will cost Tesla financially, but it is a very important move that helps the environment. The responsible authority gave Tesla this approval because it’s certain that Tesla had already met the requirement and judgment is going to be in favor of Tesla.

 According to the State Office, six new objections have been received as part of the second public participation since the beginning of July, and six objectors have added their objections from the first public participation. Overall, however, this would not require any other assessment by the authorities.

According to the State Office, six new objections were received since the beginning of July… Overall, however, this would not require any other assessment by the authorities.

Gigaberlin Is Being Built At Tesla’s Risk

Tesla is yet to receive the final approval for the construction of Gigaberlin, as there are several obstacles set by the opposition parties that are against the factory project.

Tesla continues working at its own risk until a final building permit is granted.

  • No water-polluting substances must be able to get into the ground
  • Noise measurements during the work should ensure that the noise protection regulations are complied with
  • Tesla must ensure that the vibrations generated during construction do not endanger nearby roads and railways

If Tesla is not given the final building permit, the project risk cancellation, and all the constructed buildings may be removed from the site.

Demand For Tesla Is Strong – Elon Musk

This popular topic concerning if Tesla is facing demand predicament or not was answered by the CEO Elon Musk in an Automotive News’ Daily Drive podcast released on Friday.

According to Mr. Musk, the company’s electric vehicle demand is super strong despite the coronavirus pandemic, with consumers choosing to shop online instead of offline.

Musk believes having a traditional dealer network, which is something he considered in the past, appears increasingly unnecessary.

“We saw strong orders through the whole pandemic, we still had a good order volume,” Musk said. “I guess people are less inclined to want to go to a dealership, do the test drive, and hang out in the lobby and that kind of thing.”

When asked about the massive 2020 over 230% rally of Tesla Stock, Musk said the market has a way of sorting itself out, and that as long as Tesla keeps manufacturing great cars to meet up demand, investors would be happy.

He also appreciates China by saying “China rocks in my opinion. There are a lot of smart, hard-working people and … they’re not entitled, they’re not complacent, whereas I see in the United States increasingly much more complacency and entitlement.” he said.

During the Q2 earnings call, Musk also insisted Tesla doesn’t have a demand problem, Tesla has just a couple of manufacturing problem instead, he added. Reasonably that’s why Tesla continues building more and more factories to meet up with demand.

“Tesla Could Be The World’s Most Valuable Company Before 2030” – VW CEO Herbert Diess

Volkswagen CEO Herbert Diess who plans to sell over 20 million electric vehicles before 2030, believes Tesla could be the world’s most valuable company before 2030.

The CEO of Tesla Inc!., currently the CEO of the most valuable vehicle maker in the world, with a market cap of about $280 billion, has received huge praise from rival company Volkswagen AG‘ CEO Herbert Diess on LinkedIn Post.

Diess is most likely the only CEO of a Tesla competitor out there, that praises Elon Musk on every milestone he reaches and hopes to emulate Elon’s achievements with Tesla.

In response to a post by auto industry researcher Ferdinand Dudenhoeffer, VW CEO Diess praises Musk for doing the impossible. “Elon Musk delivers results that many have deemed impossible,” Diess wrote

According to Diess “in five to ten years the world’s most valuable company will be a mobility company — that can be called Tesla, Apple or Volkswagen.

With over €33 billion, dumped into R&D, Diess is not slowing down on his plans to drive Volkswagen towards being the world’s largest electric carmaker.

“I think we [Musk and VW] make a good pair because he is pulling ahead and we are fast followers” – Diess.

What do you guys think?… Do you see Tesla taking over tech giants like Apple, Amazon, Google before 2030?.

Tesla Giga Factory U.K. Coming ?

In a report published on Monday by The National Grid unit, The United Kingdom wants to achieve net-zero emissions before 2050 by transitioning from ICE cars to electric vehicles.

Bloomberg reports that The United Kingdom is set to double the number of electric vehicles to 30 million over the next two decades due to green governmental policies, according to National Grid plc’s Electricity System Operator unit.

Tesla CEO Elon Musk in 2019 said he would have chosen The United Kingdom for the European Giga factory, but due to Brexit, he opts for Berlin, Germany.

Brexit, the withdrawal of the United Kingdom from the European Union. Following a UK-wide referendum in June 2016, in which 52% voted to leave and 48% voted to remain in the EU, the British government formally announced the country’s withdrawal in March 2017, beginning the Brexit process. 

If U.K. plans to transition from ICE cars into Electric vehicles before the middle of the century, I believe there is still a very good chance that Tesla CEO will reconsider his stance on whether to put a Gigafactory in The United Kingdom or not.

In May 2020, there was a report by Propertyweek that Tesla was considering building a gigafactory in the UK as it seeks 4m sq ft, with reports suggesting that the electric car firm is evaluating a potential site in Somerset. There is no confirmation on whether any UK facility would be a full car production factory or would focus on a specific technology such as batteries as Elon Musk has already named Giga Berlin the first European factory, where the production of Model 3 and Model Y is expected to begin in 2021.

This is a very good news for all EV enthusiasts, most especially for Tesla investors. If Tesla builds a new factory in the U.K., such factory can cater for the needs of most countries with left-side driving. Most areas of the world which were formerly British colonies still drive on the left hand side of the road including Australia, the Caribbean, India and South Africa. Japan also drives on the left. Europe generally drives on the right hand side apart from Cyprus, Ireland, Malta and the United Kingdom.

3 Things Secretly Hidden In The Tesla Q2 Report

While I was creating the YouTube video (video below) for the Tesla Q2 2020 report, I discovered 3 secretly hidden hot topics Tesla didn’t share with the media until yesterday.

Tesla Inc on Wednesday posted a second-quarter profit as cost cuts and strong deliveries helped offset coronavirus-related factory shutdowns, sending its stock up 6% in after-hours trading and clearing a hurdle that could lead to the electric carmaker’s inclusion in the S&P 500 index.

Tesla bagged $1.1 billion in tax breaks from Travis County just last week for a reason. Until now, Tesla was searching the whole country for a perfect location to build its CyberTruck, that search is now over!.

After tuning profit for the fourth time on a row, blowing away all wall-street estimates, and now preparing to join the big boys club called S&P 500, Tesla is secretly revealed where CyberTruck will be built, and that is Austin, Texas.


Tesla Inc.’s latest gigafactory will be built on a sprawling 2,000 acres area, near Austin, Texas, the company’s Chief Executive Officer Elon Musk confirmed during the quarterly earnings call Wednesday. The newest Tesla factory will be located 15 minutes away from downtown Austin and will also manufacture the automaker’s Semi, Model 3, and Model Y vehicles for the eastern half of North America, the billionaire entrepreneur added.

Featured Image Credit: Frunkla.com

Giga factory Shanghai is also constructing new facilities for Tesla Model Y. As seen in the image above, Tesla is currently after 200,000 Model 3 production capability at the Giga Shanghai. Once new factory for Model Y is up and running, am guessing before end of year, Tesla will be pumping out Model Ys from China as well, and we all know Chinese don’t joke with production. We have to expect the unexpected. Tesla Model 3 and Model Y will soon be seen everywhere.

Let’s head to secret number 2.

TESLA SECRET 2 – Battery & Powertrain

“We know from our customers that range is an all-important attribute for those looking to switch from their combustion engine vehicle to an EV. Our efforts to maximize range are not slowing down. In July 2020, we announced an updated Model S with an EPA-tested range of 402 miles making it the first production EV in history to break the 400-mile range threshold.” – Tesla

Featured Image Credit: Frunkla.com

Tesla is known for breaking boundaries and new records. Tesla Battery Day is coming up in few weeks time, and its expected to be mind-blowing. Tesla also secretly reported that it has built a Model S with an EPA-tested range of 402 miles, which makes it the first ever EV with such an insane threshold.


For the first time in Q2, Tesla Energy business is booming and is finally profitable. The Tesla Megapack generated a profit in Q2.

Featured Image Credit: Frunkla.com

That’s the third wonder of Tesla.

Tesla finally reiterated 2020 Outlook of producing and delivering about 500,000. “We have the capacity installed to exceed 500,000 vehicle deliveries this year, despite recent production interruptions.” Tesla continues by saying ” While achieving this goal has become more difficult, delivering half a million vehicles in 2020 remains our target.”

Tesla also expects to remain profitable over the coming quarters. ” For the trailing 12 months, we achieved a GAAP operating margin of just under 5%. We expect our operating margin will continue to grow over time, ultimately reaching industry-leading levels with capacity expansion and localization plans underway.”

When Is Tesla Massive Rally Likely To Come To An End?

For the year 2020, Tesla stock is up more than 300%.

If you are like other thousands of investors that are wondering why Tesla is rising exponentially for months, today is your lucky day as we will be diving deep into this insane rally and try to shed light into why the stock is up over 300% year-to-date.

At a market cap of over $300 billion, making it the 10th largest U.S. stock by market value according to FactSet, it’s no surprise that CEO Elon Musk is arguably the most talk about celebrity-ceo in town.

Last week Friday, after the Shares of the electric car-making giant closed for the first time ever at $1546, beating search giant Google in terms of closing price, CEO Elon Musk zoomed past Warren Buffett on the Bloomberg Billionaires Index to become the world’s seventh wealthiest person. Musk’s fortune rose more than $6 billion Friday, according to Bloomberg, after Tesla’s stock surged 10.8% to a record $1,544 per share. Its market value stood at $286.5 billion.

Tesla shares is up over 50% this month alone after the electric vehicle maker smashed delivery estimates in the second quarter, delivering about 90,650 vehicles.

On opening today, Tesla’ stock gaped up to open at $1,659.00, shocking both bulls and bears, and sending short sellers deeper under the water.

Tesla short sellers lose more than $1.5 billion in one day as Tesla stock skyrockets on earnings back in January 2020. Investors betting against Elon Musk’s electric-auto maker Tesla collectively lost more than $1.5 billion on Thursday, January 30th 2020 after its solid earnings. Those numbers are now like a joke next to the over $20 billion that short sellers are now down with.

Last week Thursday, CNBC reported that Tesla short sellers were down $18 billion this year, including another $4 billion in July, we believe short sellers are now down over $6 billion for the month of July at the moment.

According to S3 Partners director Ihor Dusaniwsky: “The reason behind Tesla’s short squeeze is obvious and straight forward, large mark-to-market losses are forcing out some short sellers as they hit their loss limit thresholds,” Dusaniwsky wrote. “If Tesla’s stock price continues to trend upward, we expect even more short covering as mark-to-market losses accumulate.”.

Why Is Tesla Stock Price Skyrocketing All Of A Sudden?

Tesla’ stock was consolidating for over 5 years, within 2013 – 2019, before the massive rally began. The chart below shows the price action of Tesla stock price before and after the massive rally began.

In February 2020, Ark Invest CEO  Catherine Wood told CNBC that she stands by her latest five-year price target of $7,000 per share for Tesla.

“Our confidence level that this stock is heading for $7,000 over the next five years is very high,” Wood, the founder and CEO of Ark Investment Management, said on “Fast Money.”

“We’ve arrived at that price by weighting the probabilities of 10 different scenarios, including bankruptcy, to be honest. So we’ve tried to be as fair and balanced as we could possibly be,” added Wood, whose firm has about $11 billion in assets under management.

“The electric vehicle is going to drop below the price of a gas-powered vehicle, like-for-like, within the next 18 months to two years, and then will continue to fall,” Wood said in an interview on Barron’s Market Brief. “So, it’s going to be a no-brainer. Electric cars are going to be cheaper and they’re better cars, they’re better calls.” She added.

Tesla Suspends And Resumes Production

In March 20, 2020, Tesla’s shares went down 8% in after-hours trading following the decision to suspend production at the Fremont, California plant, when local authority instructed people to stay at home in a bid to stop the spread of the coronavirus.

That announcement was made just as Tesla was ramping up production of its Model Y sport utility vehicle at the factory.

It took Tesla CEO over 5 weeks to fight back and force local authority to allow his employees to get back to the factory and continue the Model Y ramping.

Tesla Fan Base

Elon Musk is the only CEO that response directly to customers using twitter. Anybody can contact the billionaire CEO on twitter and luckily get a response. This amazing selfless acts has helped Elon Musk build a massive super loyal fan base, Frunkla.com included.

Tesla fans have created massive educational contents on Youtube and reached out to millions of people using personal blogs, websites, word-of-mouth, social media, among others, which directly and indirectly is helping Tesla mission to accelerate the world’s transition to sustainable energy.

You can never find as many loyal super fans elsewhere as you would find in the Tesla fans community.

Just 3 weeks ago, Youtuber “Solving The Money Problem” bought a 1000 pieces of Tesla Shares when the share price was $1000. He made a video about it and titled it “All In On Tesla Stock — My $1M Stock Portfolio Revealed“.

Another popular Tesla super fan that has built a business around Tesla is known as Vincent, founder of Tesmanian.

Tesla, Inc!. Q2 2020 Financial Results and Q&A Webcast

Set to take place on Jul 22, 2020, 2:30 PM PDT. This is literally the most important date in 2020, apart from Tesla Battery Day.

This is the day that is most likely to continue or break the insane parabolic price rally that started last year, with no end in sight.

“Tesla will post its financial results for the second quarter of 2020 after market close on Wednesday, July 22, 2020. At that time, Tesla will issue a brief advisory containing a link to the Q2 2020 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.“ – Tesla 


As of June 30th, analysts expected Tesla to report a GAAP loss of $1.82/share and a non-GAAP loss of $1.16/share according to estimates compiled by FactSet. There is a higher chance of Tesla beating expectations again which leads us to the end of this amazing educative blog post,…..

The S&P500 Inclusion.

Tesla jumps over 13% today, following the s&p 500 inclusion speculation. As the company’s market cap. climbs ever higher, speculation is growing that Tesla will soon join the S&P 500.

Standard and Poor:

The S&P 500 is a stock market index that tracks the stocks of 500 large-cap U.S. companies. It represents the stock market’s performance by reporting the risks and returns of the biggest companies

According to Reuters, in a Friday article discussing Tesla’s index inclusion, Tesla could rise 60% if included in the s&p 500. The article pointed to what happened to Yahoo’s stock after it was included in the S&P 500 back in 1999, saying that shares of Yahoo! jumped “64% in five sessions between the announcement …and its actual entry.” Reuters also wrote that analysts predict high demand for shares upon Tesla’s entry.


If Telsa was to “pull a Yahoo,” the stock could hit $2,200 and give the company a market value of more than $400 billion. That math is fun with numbers, but bullish Tesla investors can hope.” – Barrons

Please share your opinion with us in the comment section. Weather the psychological resistance of $2,200, according to Barrons, will stop this mad bull run or not.

Tesla Bullish Analysts Seems To Have No Idea Where The Share Price Is Headed.

Shares of world most valuable vehicle maker Tesla Inc!. is presently up $1,643.01 +98.36 (6.37%) as at now in pre-market, as investors continue to bet that the stock is headed for inclusion in the S&P 500.

Most bullish analysts seems to be done raising price targets and doing catch up with the massive rally as the price keeps going higher and higher since breaking the psychological price of $1000.

One of Tesla’ most bullish analysts, Daniel Ives, of Wedbush has kind of stopped raising his Tesla Shares price target lately. In a new report sent to clients, Although while the Street reduced its annual delivery forecast to roughly 400k from its original 550k pre-COVID, Daniel Ives still believes Tesla could deliver about 450,000 vehicles this year.

Ives has a Neutral rating and $1.250 price target, while the stock is present worth $1,544.65.

Apart from Ark Invest 2024 price target of $7,000, with a $1,500 bear case and $15,000-a-share bull case, and JMP Securities analyst Joseph Osha that most recently raised the firm’s price target on Tesla to $1,500 from $1,050 and keeps an Outperform rating on the shares, most other bullish analysts have a price target of $1300 max.

Osha is citing the company’s “significant upside” in Q2 deliveries with 90.7K shipments vs. his forecast of 73.8K and the consensus figure of 70.3K. Osha adds that Tesla’s Q2 delivery outcome is “significant” and supports his outlook for continued competitive gains as the company’s decline of about 5% from last year’s volume compares to the industry where demand is collapsing at a rate at least 3-times that pace.

So, do you think Tesla bullish analysts are being careful, or they just have no idea where the shares price of the Electric vehicle maker is headed?.

“Tesla is not the last carmaker in California” – Faraday Future

The startup that begs Creditors to rally behind its bankrupt founder, and most recently received a $9 million government pandemic loan is out attacking the most successful electric car manufacturer in the world, and the second most valuable carmaker in the world.

Faraday Future is an American start-up technology company focused on the development of electric vehicles, founded in 2014 and based in California U.S.A.


Yesterday, the official twitter account of the electric carmaker sent out a tweet about their distaste of Tesla CEO Elon Musk’ ego, for calling Tesla the only carmaker in California.

According to Faraday Future, Tesla is not the only carmaker left in California, they are still in California and they appreciate the state and federal government’ efforts.

Faraday Future founder and main financial backer, Chinese billionaire Jia Yueting, personally filed for bankruptcy in October. While his creditors (many of which are Chinese companies that lent him money for his failed tech conglomerate, LeEco) are largely on board with the payment plan he proposed, the process of confirming that plan has dragged on for months. Jia has said in court filings that potential investors in Faraday Future are waiting for his own personal bankruptcy case to be resolved before putting any money into the EV startup.

This is the same EV startup that is out attacking Elon Musk that runs over 4 successful life changing companies. Ofc, not everyone knows about the company. Feel free to use the comment section :D.

Tesla Is $22 Billion Away From Becoming World Most Valuable Vehicle Manufacturer

World most phenomenal vehicle maker Tesla Inc!. Is few billions of USD away from taking over the number 1 spot from Toyota Motor Corporation, to become world most valuable vehicle manufacturer.

Tesla Stock closed on Friday at $819.42, after rallying up over 5% in hopes that Tesla Fremont factory will resume manufacturing on Monday.

Friday rally brings the market cap of the electric vehicle maker back to $151.897 billion, placing it about $22 billion USD away from becoming world most valuable car marker.

Toyota Motor Corporation has been sitting on this number one spot for years and it doesn’t look to be giving that position up anytime soon, unless Tesla becomes more aggressively valuable.

The Covid-19 pandemic has slowed Toyota’ success down over the past few months, putting Toyota market cap at $171.678 billion USD.

On Monday, Toyota will resume its UK plant manufacturing, becoming the latest carmaker to resume manufacturing after the coronavirus pandemic shutdown in Britain. Tesla on the order hand is still struggling to resume its Fremont factory production, after the county officials believe its still not safe enough for citizens of the country to get back to work. Although Tesla production is fully back online in China.

We plan to keep this World Most Valuable Car Manufacturer related post coming over the next months, as the pandemic eases and life gets hopefully back to normal.

What do you think guys?, Do you think Tesla will successfully become the Alpha of the car industry?, will Toyota make it super difficult for Tesla by remaining the Boss of all Bosses?. Kindly share your opinions with us in the comment section.