Highlights

  • In one of the largest-ever purchases of electric vehicles, Hertz will purchase 100,000 Tesla vehicles
  • Tesla Inc market cap soared to $1 trillion
  • Took Tesla just over 11 years since its public debut in June 2010.

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How Elon Musk became richer by 36 billion dollars in a single day!

The $36.2 billion gain followed a surge in Tesla Inc.’s stock price after Hertz Global Holdings Inc. ordered 100,000 cars.

How Elon Musk became richer by 36 billion dollars in a single day!

Move aside billionaires, Elon Musk is in the drivers seat and zooming past the others as he adds a record 36 billion dollars to his kitty .....in a single day!!!

$ 36,000,000,000 all in a day's work...HOW?

In one of the largest-ever purchases of electric vehicles, Car rental giant Hertz placed an order for 100,000 Tesla vehicles.
The Tesla stock zoomed over 12%, adding a record $36 billion to Musk's net worth as he holds 22% in the company.

Tesla... The Fast & Furious valuation jump

The EV maker is also charged up as it' valuation crossed the $1 trillion mark, joining ranks Apple, Microsoft, Amazon and Google-owner Alphabet as the fifth biggest U.S. publicly traded company. It took Tesla 11 years since it's IPO in 2010 become a trillion dollar company, the second fastest company to achieve this after Facebook.

Musk's money matters!

The Technoking of Tesla now perched firmly at #1 of the billionaires index at $252 billion is $60 billion ahead of 'rival' Jeff Bezos. To put it in perspective, Musk is now worth more than ...oil giant Exxon, the entire country of Finland and also worth more than Bill Gates and Mark Zukerberg combined.

Frequently Asked Questions

His net worth increased due to a surge in Tesla's stock price following Hertz's order for 100,000 Tesla vehicles.

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