Tesla Shares Continue to Rise
Tesla shares continue to rise. The market value of the company reached 500 billion dollars for the first time.
The market value of Tesla, the electric vehicle manufacturer, whose shares will be traded in the S&P 500 index, recorded another milestone. Tesla's market value reached $ 500 billion for the first time ever.
Electric vehicle manufacturer Tesla is preparing to be listed on the US S&P 500 index as of December 21. Following the news that it will be traded in the S&P 500, one of the world's leading indices, Tesla is in the focus of investors.
Elon Musk, the owner of the company, which achieved a 550 percent premium in 2020, also increased his wealth many times over. So much so that Musk took the place of Bill Gates, as the second richest person in the world. The net worth of Elon Musk's wealth now stands at $ 127.9 billion, with an increase of $ 7.2 billion.
According to the Bloomberg Billionaires Index,
Elon Musk was 35th on the list at the start of 2020. Almost three-quarters of Musk's wealth, which increased by $ 100.3 billion during 2020, consists of Tesla shares.
This article has been prepared with the contributions of Bloomberg HT.