Shares of Kumyang have doubled so far this month on the back of strong investor demand for electric vehicle-related stocks like Tesla and Rivian, making its CEO, Ryu Kwang-ji, a billionaire.
Tesla has made a lot of people a lot of money. Now, with a single order from Elon Musk’s electric-car maker, another family has entered the ranks of the ultra-rich.
Shares in L&F, a battery-materials company, soared after it won a $2.9 billion order from Tesla. That boosted the wealth of a family who owns stock in the firm.
Tesla has made a lot of people a lot of money. Now, with a single order from Elon Musk’s electric-car maker, another family has entered the ranks of the ultra-rich.
One Tesla deal propels little-known family to $1 2 billion fortune theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.