Tue, 21-Oct-2025

Tesla shares rise on record electric car sales in first quarter of 2021

tesla

The world’s largest car selling company Tesla Inc’s shares rose by almost 8 percent in pre-market trading. As per reports, the firm saw great record demands in electric cars in the first quarter of this year. However, the world is suffering from the global chip shortages that are used in these vehicles. The car company … Read more

Amazon CEO Jeff Bezos Once Again Becomes The Richest Man Of The World

Amazon CEO Jeff Bezos Once Again Becomes The Richest Man Of The World

About six weeks later, Jeff Bezos, the founder and chief executive officer (CEO) of technology company Amazon, surpassed Elon Musk, the founder of companies such as Tesla and SpaceX, to become the richest man in the world again. Elon Musk’s wealth plummeted to $1.5 billion on Tuesday, February 16, after Tesla’s shares fell 2.4 per … Read more

Elon Musk becomes world’s richest man

Elon Musk world's richest man

According to the latest reports, Tesla Inc chief and billionaire Elon Musk has become the world’s richest man by surpassing Amazon.com Inc’s top boss Jeff Bezos.

As per the Tesla shares’ gains on Thursday, now Musk has a net worth of $188.5 billion, which is $1.5 billion more than Bezos.

Earlier, Elon Musk added more than $100 billion to his net worth in 2020 had passed Bill Gates as the world’s second-richest person.

According to the details, Elon Musk’s year of dizzying ascents and jagged peaks hit a new apex as he overtook Bill Gates to grab the world’s second-richest ranking.

49y-old’s net worth soared $7.2bn on Mon to $127.9bn, driven by another surge in Tesla’s shares. Musk has added $100bn to his worth.

His rise on the index from the 35th-richest person in January is attributed to his technology company Tesla, which is nearing $500 billion in market value.

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