Thursday, April 25, 2024
News

Elon Musk's net worth jumps $30 bn in a day

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

San Francisco | Tuesday, 2022 7:45:08 PM IST
SpaceX and Tesla CEO Elon Musk fortune jumped by $33.8 billion to $304.2 billion, creating one of the biggest one-day jumps in wealth.

According to the Bloomberg Billionaires Index, Musk's Musk once again surpassed Amazon CEO Jeff Bezos, who now stands second on the list with a $196 billion fortune.

Tesla shares that saw a 13.5 per cent rise to $1,199.78 on Monday. Musk owns around 18 per cent of all Tesla shares and had previously walked the talk on his claims of reducing his stake by around 10 per cent.

Last year similarly, Musk had earned a profit of an estimated $25 billion in one single day. As Tesla's share rose by 20 per cent Musk's fortune multiplied to $174 billion. Musk added $121 billion to his net worth in 2021.

Meanwhile, Tesla delivered a record 936,172 vehicles in 2021, an 87 per cent increase over the 499,550 vehicle deliveries Tesla made in 2020.

In the fourth quarter (Q4), the Elon Musk-run electric car-maker achieved production of more than 305,000 vehicles and deliveries of over 308,000 vehicles -- up from 241,300 deliveries in the third quarter (Q3).

"In 2021, we delivered over 936,000 vehicles. Thank you to all of our customers, employees, suppliers, shareholders and supporters who helped us achieve a great year," Tesla said in a statement recently.

Of the deliveries, 11,750 were for the Model S and X, while 296,850 were for the Model 3 and Y.

Both the Model 3 and Y also made up the most of deliveries at 936,172 shipments, compared to the 24,964 Model S and X deliveries.

--IANS wh/ksk/

( 280 Words)

2022-01-04-13:54:03 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE SCIENCE NEWS
Study reveals positive effect of midazol...
Study finds how liver inflammation assoc...
Study reveals novel therapeutic target f...
Study finds common complication of atria...
Researchers discover how complexities in...
Study finds how adding chemotherapy to h...
More...
 
INDIA WORLD ASIA
'Ashok Gehlot tapped phones of Sachin Pi...
'He will win with big majority': Shivpal...
'I am strong contender, will contest 99....
JDU leader shot dead in Bihar's Patna...
Congress leader Randeep Surjewala meets ...
YSR Congress Party's Srinivasa Rao files...
More...    
 
 Top Stories
Exhicon Acquires 89.99 Percent of U... 
"INDIA bloc scared pf PM's populari... 
"INDIA bloc scared of PM's populari... 
Kajol brings out her inner fashioni... 
Opposition Leader in Kerala files c... 
Rashmika Mandanna shares glimpse fr... 
Congress wants to rob rights of OBC... 
AICTE in partnership with apna.co l...