Tesla: Over N3.28trillion Added to Elon Musk’s Wealth in One Day, Reclaims Lost Spot on Richest List
The founder of Tesla, Elon Musk, has retaken the number two spot on Bloomberg billionaire Index, as his wealth gained extra N3.28 trillion in one day.
Elon Musk had lost the spot to Bernard Arnault, who is worth $174 billion. But he displaced the French billionaire on Wednesday, after his wealth climbed to $186 billion.
However, The gain is attributed to Tesla’s growth in the stock market, as the car manufacturer’s share price gained to be
5.27% to close trading on Nasdaq at $656.57.
Furthermore, This increased the company’s market valuation to $632.5 billion, and also improved the 48-year-old
billionaire’s fortune with an additional N3.28 trillion.
So, Tesla’s stock had appreciated upon reports that a solar-powered charging station was opened by the carmaker in Tibet,
China, which is the first of such facility in China.
Also, the electric vehicle adoption push by the administration of United States President, Joe Biden,
has renewed investors interest in Tesla, which is an electric car maker.
Over N3.28trillion Added to Elon Musk’s Wealth in One Day, Reclaims Lost Spot on Richest List
By Taiyelolu A