Elon Musk is the richest man in the world, he took over the role as the world’s richest person from Amazon CEO Jeff Bezos. The reason is that Tesla’s share price continues to grow.
In the last year alone, Tesla’s share price has increased by more than 700 percent and the market capitalization is now hovering around 830 billion USD.
The American electric car manufacturer since long has overtaken all other car manufacturers in terms of market capitalization. At present, the market capitalization is greater than for Fiat / Chrysler, General Motors, Volkswagen, Honda and Ford combined.
This is how Tesla’s share price has developed over the past year:
Thanks to the stock market rush, Elon Musk now has a personal fortune of more than 155 billion USD as he owns just over 20 percent of the company.
He has previously said that half of his money will go to “solving problems on earth” and that the other half will go to establishing humanity on Mars.
“So weird. Well, back to work “, the Tesla boss commented on the message on Twitter.
Tesla aimed to deliver 500,000 cars last year and the result was 499,550 – plus or minus 0.5 percent, according to Tesla. But in Sweden, Tesla has registered 21 percent fewer cars than the year before.