After Trump's victory
Tesla share price rise makes Musk billions richer
Tesla shares continue to rise after the US presidential election - and make company boss and major shareholder Elon Musk richer every day.
Kronen Zeitung als bevorzugte Google-Quelle hinzufügen The 53-year-old extended his lead at the top of Bloomberg's billionaire ranking by a good 20 billion dollars (approx. 18.78 billion euros) in just one day.
Bloomberg now estimates his fortune, which largely consists of Tesla shares, at 335 billion dollars (approx. 314.52 billion euros).
Investors are betting that Tesla will benefit from Musk's proximity to the future president. The car manufacturer is the target of several investigations by US authorities. Tesla is also feeling the effects of the slowdown in growth in the electric car market.
Amazon founder Jeff Bezos is in second place with 228 billion dollars. At the same time, the paper wealth of the super-rich fluctuates with the share prices of their companies. Tesla shares rose by a further nine percent to 350 dollars on Monday. The company was thus worth over 1.1 trillion dollars on the stock exchange.
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