New York: Elon musk Started 2022 with a bang.
Tesla Inc. reported that it broke its previous record for vehicle deliveries, fueled a rally in shares of the electric carmaker and posted the biggest one-day jump in wealth.
Musk’s wealth rose by $33.8 billion on Monday to $304.2 billion, according to the Bloomberg Billionaires Index. Jeff BezosSecond on the list, has a net worth of $196 billion.
Tesla shares rose 13.5% to $1,199.78 on Monday after fourth-quarter results exceeded analysts’ estimates for auto deliveries.
The company’s market valuation rose above $1 trillion last month after falling in November and early December.
Musk, who owns about 18% of Tesla, helped trigger the slide when he said he would reduce his stake in the company by 10%. They have sold more than $10 billion worth of shares since November, part of a plan to generate cash to pay tax obligations.
Musk’s net worth, which includes his stake in rocket maker SpaceX, hit an all-time high of $340 billion last year, surpassing the peak of inflation-adjusted net worth. John D Rockefeller And in essence made him the richest man in modern history.
Tesla Inc. reported that it broke its previous record for vehicle deliveries, fueled a rally in shares of the electric carmaker and posted the biggest one-day jump in wealth.
Musk’s wealth rose by $33.8 billion on Monday to $304.2 billion, according to the Bloomberg Billionaires Index. Jeff BezosSecond on the list, has a net worth of $196 billion.
Tesla shares rose 13.5% to $1,199.78 on Monday after fourth-quarter results exceeded analysts’ estimates for auto deliveries.
The company’s market valuation rose above $1 trillion last month after falling in November and early December.
Musk, who owns about 18% of Tesla, helped trigger the slide when he said he would reduce his stake in the company by 10%. They have sold more than $10 billion worth of shares since November, part of a plan to generate cash to pay tax obligations.
Musk’s net worth, which includes his stake in rocket maker SpaceX, hit an all-time high of $340 billion last year, surpassing the peak of inflation-adjusted net worth. John D Rockefeller And in essence made him the richest man in modern history.
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