🔥Breaking news: Elon Musk’s account added another $40 billion in just 1 day after the US and China agreed to reduce each other’s tariffs to the lowest level 👇👇

In a stunning turn of events, Elon Musk, the world’s richest individual and CEO of Tesla, SpaceX, and X, saw his net worth skyrocket by an estimated $40 billion in just one day. This unprecedented financial windfall comes on the heels of a historic trade agreement between the United States and China, which has significantly reduced tariffs on goods exchanged between the two economic powerhouses. The deal, finalized on May 12, 2025, has sent global markets into a frenzy, with Tesla’s stock price leading the charge as investors react to the newfound optimism in international trade.

The agreement marks a major de-escalation in the trade war that has long strained relations between Washington and Beijing. Both nations have committed to slashing tariffs to their lowest levels in decades, with the U.S. reducing its tariffs on Chinese imports from 10% to a mere 2%, while China has reciprocated by lowering its duties on U.S. goods, including automobiles, to 3%. This breakthrough is seen as a victory for free trade advocates, including Musk, who has consistently opposed high tariffs, arguing they disrupt global supply chains and harm consumers. For Tesla, which relies heavily on its Shanghai Gigafactory for production and sales in China, the tariff reduction is a game-changer.

Tesla’s stock surged by nearly 20% on May 13, 2025, pushing its share price to approximately $320, though still below its all-time high of $490 set in December 2024. The rally added billions to Musk’s wealth, given his substantial ownership of roughly 12% of Tesla’s shares. Posts on X captured the excitement, with one user noting, “Elon’s too busy to check his net worth, but $40 billion in a day is wild!” The market’s enthusiasm wasn’t limited to Tesla; other tech giants, including Amazon and Meta, also saw significant gains, with Jeff Bezos and Mark Zuckerberg reportedly adding billions to their fortunes as well.

The U.S.-China trade deal has broader implications for Tesla’s operations. China is Tesla’s second-largest market, and the company’s Gigafactory in Shanghai produces a significant portion of its electric vehicles (EVs). Lower tariffs mean reduced costs for exporting vehicles and components, boosting Tesla’s profit margins in a highly competitive market. Additionally, the agreement is expected to ease concerns about retaliatory measures from China, which had previously threatened to target U.S. firms like Tesla in response to Trump-era tariffs. Analysts predict that Chinese consumers, who have occasionally shunned foreign brands during trade tensions, may now embrace Tesla’s vehicles with renewed enthusiasm.

Musk’s vocal opposition to tariffs has been well-documented. Earlier this year, he clashed publicly with Trump administration trade advisor Peter Navarro, calling him a “moron” for supporting aggressive tariff policies. Musk’s stance aligns with his vision of a globalized economy, where companies like Tesla can operate efficiently across borders. In a recent interview, he reiterated his belief in a “zero-tariff system,” arguing that free trade fosters innovation and economic growth. The new trade agreement appears to validate his advocacy, positioning Tesla to capitalize on smoother cross-border operations.

However, Musk’s financial triumph is not without controversy. Critics point to his deep ties with the U.S. government, which has provided Tesla and SpaceX with billions in contracts and subsidies over the years. A February 2025 Washington Post investigation revealed that Musk’s companies have benefited from at least $38 billion in government support, raising questions about potential conflicts of interest, especially given his role in the Trump administration’s Department of Government Efficiency (DOGE). Musk’s push to slash federal spending while his firms receive substantial government funding has drawn scrutiny from ethics experts.

Despite these concerns, Musk’s influence remains undeniable. His ability to navigate complex political and economic landscapes has solidified his status as a transformative figure in business and technology. The tariff reduction deal has also sparked optimism about Musk’s other ventures, including SpaceX, which could benefit from improved U.S.-China relations in aerospace collaboration, and X, which may see increased advertising revenue as global markets stabilize.

As the dust settles on this historic trade agreement, Musk’s $40 billion windfall underscores his outsized impact on the global economy. While Tesla faces challenges, including fierce competition from Chinese EV makers like BYD and declining sales in Europe, the tariff thaw provides a critical lifeline. For now, Musk’s fortune—and his vision for a interconnected world—continues to soar, leaving observers wondering what the enigmatic billionaire will achieve next