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.

Latest news

Dominique Pelicot sentenced to 20 years in landmark French mass rape case

Dominique Pelicot sentenced to 20 years in landmark French mass rape case

PM Modi speaks to King Charles, reaffirms India-UK strategic partnership

PM Modi speaks to King Charles, reaffirms India-UK strategic partnership

Omar Abdullah meets Amit Shah, discusses J&K's statehood restoration

Omar Abdullah meets Amit Shah, discusses J&K's statehood restoration

Unprecedented fracas on Parliament premises, 2 BJP MPs injured; NDA, Congress file police complaints

Unprecedented fracas on Parliament premises, 2 BJP MPs injured; NDA, Congress file police complaints

Palestinians say six killed in Israeli West Bank operations

Palestinians say six killed in Israeli West Bank operations

Around 70 Hindu pilgrims arrive in Pak from India to perform religious rituals at Katas Raj temples

Around 70 Hindu pilgrims arrive in Pak from India to perform religious rituals at Katas Raj temples

Delhi Elections: MCD passes proposal to release Rs 25.35 crore for preparations

Delhi Elections: MCD passes proposal to release Rs 25.35 crore for preparations

Global stocks struggle amid inflation, economic fears: December 19, 2024 analysis

Global stocks struggle amid inflation, economic fears: December 19, 2024 analysis

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.

ADVERTISEMENT

Up Next

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

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

India's electric vehicle market to reach Rs 20 lakh crore by 2030, says Nitin Gadkari

India's electric vehicle market to reach Rs 20 lakh crore by 2030, says Nitin Gadkari

Mallya Calls for Justice Over Excess Debt Recovery and Legal Inconsistencies

Mallya Calls for Justice Over Excess Debt Recovery and Legal Inconsistencies

UK PM Keir Starmer hosts Indian business chiefs to boost investments

UK PM Keir Starmer hosts Indian business chiefs to boost investments

Bangladesh Government Plans to Renegotiate Power Deal with Adani Power, Citing Unfair Terms

Bangladesh Government Plans to Renegotiate Power Deal with Adani Power, Citing Unfair Terms

New Zealand falls into recession with abrupt economic slowdown

New Zealand falls into recession with abrupt economic slowdown

ADVERTISEMENT

editorji-whatsApp

More videos

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

Gold Imports surge in November: Commerce Ministry examining data for any calculation error

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

Indian Stock Market: Mixed Sectoral Performance Amid IPO Highlights

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Parliamentary Panel bats for legal guarantee of MSP to protect farmers' interests

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

Bihar fully prepared to create robust business ecosystem, investment safe: Dy CM Samrat Choudhary

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

"If they tax us, we tax them...," Trump Signals Tough Trade Stance; Reciprocal Tariffs on India

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

Top 5 Losers of NIFTY 50: A Day of Decline for Leading Stocks

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

India's renewable energy capacity addition doubled to 15 GW in Apr-Nov: Pralhad Joshi

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.