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11/24/20

Tesla is set to breach $500 billion in market value

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Shares of the electric-car maker have risen nearly 28% since the S&P Dow Jones Indices confirmed they would add the company to Wall Street's benchmark index from Dec. 21. The recent rally has also boosted Chief Executive Officer Elon Musk's net worth by $7.2 billion to $127.9 billion, helping him go past Bill Gates to become the world's second-richest person, according to the Bloomberg Billionaires Index. Tesla has become by far the world's most valuable automaker, despite a production that is

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Tesla is set to breach $500 billion in market value originally appeared on Autoblog on Tue, 24 Nov 2020 09:15:00 EST. Please see our terms for use of feeds.

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