Tesla's stock price surged by 22%, and Musk's wealth skyrocketed by over $26 billion overnight. On Thursday (October 24th) Eastern Time, Tesla's stock price hit its best performance in 11 years, and the CEO and world's richest man Musk's wealth also increased by over $26 billion. Tesla's stock price rose 21.92% on Thursday, to $260.48 per share, marking the best daily increase since 2013, with a market value increase of approximately $150 billion. The increase of about 22% on Thursday is also the second largest increase for the company since its listing in 2010.