The main thing is to believe in your dream – and everything will work out. So Elon Musk himself could comment on this news, and someday he will probably be asked this question, and we will hear the answer to it firsthand. In the meantime, take it for granted: Tesla shares soared to a new “monstrous” level of $ 820 in a day, which brought Musk, as one of the main shareholders of the company, to the first place in the ranking of world billionaires.
The day before, with a share price of about $ 745, Musk ranked second in the ranking of the world’s richest, lagging behind Amazon CEO Jeff Bezos with his 184 billion by only $ 3 billion. As a result of today’s rally, Musk’s fortune is getting closer to the $ 200 billion mark. But the head of Tesla began 2020 with a fortune of only about 27 billion and a place in the fifth ten richest people in the world …
As for the capitalization of Tesla, in just one day (!) It jumped by $ 57 billion – from 716.5 to 773.5 billion. What is the reason for this growth? Due to the optimistic sentiment due to the confirmation of Joe Biden (Joseph Biden) as the next president of the United States. Joe Biden is a Democrat, and Democrats are known for their pursuit of green energy and technology. Tesla, as the flagship of the electric vehicle industry, could be the main beneficiary of the Democrats’ rise to power.