- Electrical: Assault on Tesla's throne
- Valor. Tesla's prodigious decade on the stock market: grows 7,000%
Elon Musk has become the fourth richest man in the world thanks to the unstoppable run of the shares of Tesla, the electric car manufacturer founded by the South African businessman. Only between last Monday and Tuesday, the titles of the constructor appreciated 14.5%, going from 1,647 dollars to 1,887 dollars.
Given that Musk is Tesla's largest shareholder, with about 18% of the capital, this has caused his fortune to increase by 9.94 billion dollars, which leaves his fortune at 86.97 billion dollars (almost 73.1 billion euros at the current change). A fact that has allowed him to unseat the French luxury magnate Bernard Arnault, president and CEO of LVMH from the fourth position .
In fact, according to figures compiled by the Bloomberg Billionaires Index , it is only ahead of other leaders of large American technology companies. Specifically, Jeff Bezos, founder and CEO of Amazon, with an estimated fortune of about 188,000 million dollars; Bill Gates, founder of Microsoft, with 121,000 million, and Mark Zuckerberg, founder and CEO of Facebook, whose estimated wealth is around 99,000 million dollars.
On the Bloomberg list, Amancio Ortega (founder of Inditex) is the first Spaniard in the ranking, in position 16 and with a fortune of about 59.7 billion dollars, after suffering a 20% drop so far this year .
Tesla, first manufacturer by capitalization
In fact, the rally in Tesla's price, which has risen by 351% so far this year from the $ 418 at which its titles closed in 2019, has intensified in the last sessions before the company executes a 'split' whereby each shareholder registered on August 21 will receive a dividend of four additional ordinary shares for each security they hold. The measure, also adopted by other companies such as Apple, seeks to reduce the price of the titles.
The escalation, in addition to swelling Musk's fortune by about 61,000 million dollars (about 51,100 million euros), has also served to settle the dispute with Toyota to see who is the first manufacturer in the world in market capitalization. If only a few weeks ago that fight was resolved on a daily basis, now the American constructor has put land in the middle and, barring an unforeseen debacle, it will be very difficult for Toyota to recover. Yesterday, the Japanese company had a value of 23.56 trillion yen (about 222,000 million dollars) while that of Tesla has shot up to 351,680 million dollars. In the last decade, the shares of the latter had already appreciated 7,000%.
According to the criteria of The Trust Project
Know more- Tesla Motors
- Motor
- Motor industry
- Elon musk
MotorTesla extends its streak with four consecutive quarters of benefits
Motor Assault on Tesla's throne
MotorTesla sues Rivian for "unfair competition"
See links of interest
- Last News
- English translator
- TV programming
- Work calendar
- Daily horoscope
- Santander League Standings
- League schedule
- Movies TV
- Topics
- Semifinal, live: Leipzig - PSG