Tesla CEO Elon Musk publicly cautioned that China’s plan to curb silver exports from January poses significant challenges for global manufacturing. In a social media post, Musk highlighted that silver is integral to numerous industrial processes, including electronics, photovoltaics and automotive components. He warned that any supply bottlenecks could disrupt production lines across multiple sectors and potentially drive raw-material costs higher for manufacturers worldwide.

According to the Bloomberg Billionaires Index, Elon Musk’s net worth jumped by $205 billion in 2025, lifting his total to $638 billion. That gain exceeds the combined $193.5 billion increases of Google co-founders Larry Page ($101 billion) and Sergey Brin ($92.5 billion). The three tech titans collectively added over $400 billion to their fortunes this year, underscoring the outsized rewards accruing to leaders in electric vehicles, search and internet services.

In mid-September, Musk deployed approximately $1 billion of his own funds to buy Tesla shares on the open market. Over the subsequent 106 days, the stock rallied roughly 20%, boosting the value of his position to about $1.2 billion. This purchase marked one of the largest insider buys in the company’s history and served as a strong signal of confidence in Tesla’s long-term prospects, especially following a recovery from a November dip driven by broader market volatility.

Several major funds adjusted their Tesla holdings in Q3, with Blue Trust Inc. raising its position by 14.1% to 14,540 shares (valued at $6.47 million), while Cwm LLC added 22,757 shares to reach 374,543 shares (worth $166.6 million). Meanwhile, Norges Bank initiated a new stake valued at about $11.84 billion and Kingstone Capital Partners Texas LLC expanded its holdings to 6.44 million shares (nearly $2.05 billion). Overall, institutional ownership now represents over two-thirds of Tesla’s total share base.