Elon Musk has become the first person to reach a net worth of $500bn, bringing the Tesla chief executive halfway to trillionaire status.
Musk’s wealth temporarily crossed the half-trillion mark on Wednesday before retreating to $499bn, according to the Forbes billionaires list.
Musk owns 12% of Tesla, which is worth more than $1.5tn, and his wealth has been boosted this year by surge in the electric carmaker’s share price.
Shockingly, boycotts don’t work if the actual customers don’t take part in them. Companies don’t care about your feelings, they care about money, and “I’m never buying a thing because of reasons!” doesn’t matter if you weren’t about to buy one in the first place.
Correct. That’s why successful boycotts usually only happen because the company was already in decline. I would argue that the Disney/ABC situation was that.