Elon Musk's wealth increased by $33.5 billion on Thursday due to a significant rise in Tesla Inc. shares, which saw their largest increase in over a decade, closing the day up 22%. This surge in stock value followed the automaker's announcement of its highest quarterly profit since summer 2023, further solidifying Musk's position in the Bloomberg Billionaires Index.

During a webcast after the earnings release, Musk predicted a potential 30% growth in vehicle sales for the upcoming year. He also disclosed that the Cybertruck achieved profitability for the first time in a quarterly report, indicating positive prospects for the company's future.

The impressive performance of Tesla Inc. has led to a surge in Elon Musk's wealth. With the significant rise in Tesla shares and the automaker's highest quarterly profit, Musk's position in the Bloomberg Billionaires Index has been further strengthened. During a webcast, Musk shared his optimistic outlook, predicting a potential 30% growth in vehicle sales for the upcoming year. He also highlighted the profitability of the Cybertruck, signaling positive prospects for the company's future.