Tesla CEO Elon Musk publicly criticized China’s plan to restrict silver exports beginning in January, describing the move as “not good” for industrial supply chains. In a post on X, he underscored silver’s critical role in multiple manufacturing processes, from photovoltaic panels to electronics assembly. Following the announcement, spot silver surged double-digit percentages to record levels, heightening concerns about downstream cost pressures for manufacturers globally.

According to the Bloomberg Billionaires Index, Elon Musk’s net worth climbed by $205 billion in 2025 alone, lifting his total to $638 billion. By contrast, Alphabet co-founders Larry Page and Sergey Brin saw increases of $101 billion and $92.5 billion respectively, bringing their net worths to $270 billion and $251 billion. Musk’s outsized gain reflects surging demand for electric vehicles, expansion in energy storage and renewed investor enthusiasm around autonomous driving and AI initiatives.

In mid-September 2025, Musk deployed roughly $1 billion of personal capital to acquire additional Tesla shares in the open market, marking one of his largest insider buys in recent years. Over the subsequent 106 days, the stock rallied by about 20%, boosting the position’s value to approximately $1.2 billion and delivering an unrealized gain of $200 million. This transaction signaled strong executive confidence just weeks after the board approved a landmark long-term compensation package.

In the third quarter of 2025, Blue Trust Inc. increased its Tesla holding by 14.1%, ending the period with 14,540 shares valued at $6.47 million. Meanwhile, Cwm LLC upped its position by 6.5% to 374,543 shares, worth roughly $166.57 million. These moves follow earlier large‐scale commitments by Norges Bank and other major funds, underscoring sustained institutional conviction despite recent market volatility.