The Tesla’s 1,000% Returns

The Tesla’s 1,000% Returns

Tesla’s 1000% – one year ago it closed at $45.12…currently near $500. And with that, Elon Musk moves into top 3 (or 4) on Bloomberg Billionaires Index. Electrons against hydrocarbons and Wall Street is voting for electrons.

Elon Musk has overtaken Mark Zuckerberg to become the third-richest person in the world, according to the Bloomberg Billionaires Index. The Tesla founder is now worth $115.4 billion to Zuckerberg’s $110.8 billion, as shares in the electric vehicle behemoth continued their rally on Monday after undergoing a forward stock split. Musk’s net worth has grown by $87.8 billion this year as shares of Tesla, now with a $464 billion market value, soared almost 500%. Amazon’s Jeff Bezos is still the world’s richest person, worth more than $200 billion. (LinkedIn)

As Musk triumphs with electrons, Zoom CEO is rising with bytes.

  • Zoom CEO Eric Yuan made $5.2 billion Monday after his videoconferencing company reported record quarterly earnings, Bloomberg reports.

  • Zoom said its revenue during the second quarter was 355% higher than it was during the same period last year, shattering analysts’ estimates.

  • Yuan, along with Jeff Bezos and Elon Musk, is among the highest-earning billionaires throughout the coronavirus pandemic.

  • Zoom saw a major boost in market value as schools, companies, and social functions transitioned online to promote social distancing, with increasing reliance on videoconferencing technologies for day-to-day life.

  • Bloomberg now estimates Yuan is worth $16.4 billion, a more than 360% increase from his net worth at the start of the year.

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One thought on “The Tesla’s 1,000% Returns

  1. Yes the future is PURE Electric and Musk falling on the Right track. The Billionaire Meme Lover is the Right guy to be the first Trillionaire. Soon Tesla will be fully operational in Nigeria too. It can only be Tesla.

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