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Elon Musk and his company Tesla witnessed new heights in their respective valuation. While the automaker soared past $700 billion market value, the company’s chief saw his net worth eclipsing that of Jeff Bezos’ and making him the richest person on the planet. Musk’s net worth hit $195 billion on Thursday; a $150 billion increase over the past 12 months, thanks to Tesla’s share price, which surged 743 % in 2020.
In 2020, we produced and delivered half a million cars. Huge thanks to all those who made this possible.https://t.co/q43vz6RMhd Tesla (@Tesla) January 2, 2021
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