On Thursday (October 24) Eastern Time, Tesla's stock price achieved its best performance in 11 years, with CEO and world's richest person Elon Musk's wealth increasing by over $26 billion. Tesla's stock rose 21.92% on Thursday, reaching $260.48 per share, marking the best single-day gain since 2013, with a market capitalization increase of approximately $150 billion. The roughly 22% increase on Thursday is also the second-largest increase for the company since its IPO in 2010. According to the latest data from Forbes, Musk's current net worth is $269.8 billion (as of October 24), with an increase of $26.4 billion on Thursday alone, a rise of 10.83%.

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