Tesla Stock Soars for 3 Days... $33.8 Billion Asset Increase in One Day

[Photo by AP Yonhap News]

[Photo by AP Yonhap News]

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[Asia Economy Reporter Park Byung-hee] The world's richest person, Elon Musk, CEO of Tesla Motors, has once again surpassed $300 billion in assets, Bloomberg reported on the 3rd (local time). The asset gap between Musk and Jeff Bezos, the world's second richest person and founder of Amazon, has also widened to over $100 billion.


According to Bloomberg's billionaire rankings, Musk's assets were estimated at $304.2 billion as of that day. Bezos, ranked second, had assets totaling $196 billion.


Musk's assets surged sharply in just one day as Tesla's stock price soared.


On that day, Tesla's stock price rose 13.5% from the previous trading day to $1,199.78. The news that vehicle deliveries in the fourth quarter of last year exceeded analysts' expectations and reached a record high acted as a positive factor.


As Tesla's stock price surged, Musk's assets increased by $33.8 billion in just one day.


Musk holds about 18% of Tesla's shares.


Musk's assets once grew to $340 billion in November last year. Bloomberg reported that, considering inflation, Musk's asset size temporarily surpassed that of John D. Rockefeller, making him the richest person in modern history.



Musk's asset size had decreased to around $230 billion at the end of last month but has been increasing again recently.


This content was produced with the assistance of AI translation services.

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