Tesla slashes Model Y price amid pandemic

Elon Musk Richer Than Warren Buffett

(CNN) Tesla CEO Elon Musk just 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 after Tesla's stock surged 11% to a record $1,544 per share, according to Bloomberg. At the same time, Buffett's fortune fell this week after he donated nearly $3 billion worth of Berkshire Hathaway stock to charity — part of his plan to give away most of his wealth to philanthropic ventures.

Tesla's Stock Surges 233%, First Stock With $20 Billion Short Bet

According to Markets Insider, Tesla is in the position to become the first company to have a $20 billion bet against it by short-sellers. This is based on data from the financial analytics firm, S3 partners. So far, Tesla's stock shot up by 233% this year. The value of Tesla shares that have sold short climbed to $19.95 billion Tesla could also soon see a short squeeze, shooting it's stock prices up higher.

Tesla "very close" to fully autonomous driving

U.S. electric vehicle maker Tesla is "very close" to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday. Ciara Lee reports

West Reveals Elon Musk Is Advising Him On His Campaign

On July 4th, Kanye West announced he wants to run for president. In an interview with Forbes published Wednesday, West said he is being advised by Tesla CEO and tech billionaire Elon Musk. According to Business Insider, West's remarks seem to be backed up by recent remarks. On Twitter, Musk commented on West's July 4 announcement: "You have my full support!" The two also appeared together in a photo published by West on July 1.