"A lot has changed for Elon Musk since 2016. The Tesla CEO and SpaceX founder is now worth over half a trillion dollars and wields extraordinary influence across the worlds of business and politics. But 10 years ago, he had a net worth of just over $11 billion, expressed little interest in politics, and was better known as an ambitious entrepreneur pioneering clean energy and rocket technology."
"In July 2016, Musk released Tesla's "masterplan part deux," which outlined the company's goals of building more affordable EVs and rolling out fleets of self-driving cars that make money for Tesla owners even when they're not using them. While Tesla has achieved the first goal, introducing the Model 3 and Y and dominating the US EV market, the second has proven more elusive."
The tech world moved from an apps-focused era in 2016 to an AI-centered era by 2026, changing perceptions of founders and billionaire influence. Tech founders were once celebrated as disruptors; by 2026 there was greater wariness about the billionaire class providing everyday tools. Elon Musk's net worth rose from just over $11 billion in 2016 to over half a trillion dollars by 2025, and his focus shifted from clean energy and rockets toward broader influence and contentious legal battles with OpenAI. Tesla succeeded with affordable EVs like the Model 3 and Y but fell short on profitable self-driving fleets. Mark Zuckerberg and Facebook also underwent major changes, including a corporate rebrand.
Read at www.businessinsider.com
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