Tech

Tesla Shares Brought $ 25 Billion to Elon Musk

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The 20 percent rise in Tesla stocks brought Elon Musk $ 25 billion. This gain also brought Elon Musk closer to the title of the richest person in the world, whom he lost a while ago. Currently, the difference in assets between Jeff Bezos and Elon Musk is only $ 6 billion.

In a news we shared with you a few days ago, Elon Musklost $ 27 billion in a week due to the decrease in Tesla shares. we transferred. With the start of the new week, the hands were reversed and Elon Musk largely paid off the money he lost. Tesla stocks, which have experienced a very sharp rise in the past two days, increase around 20 percentLed Elon Musk to regain the money he lost in a week in two days. The rise experienced is to Elon Musk 25 billion dollars He earned.

As a matter of fact, technology companies, mid february As of now, he started to lose blood, Tesla also had his share of this situation. The reason for such a situation was the increase in bond yields and investors were moving away from stocks. But bond yields Investors, who returned to stocks again due to the start of the decline, raised the stocks of technology-related companies, especially Tesla.

The rise of Tesla stocks also closed the asset gap between Elon Musk and Jeff Bezos

Tesla shares

The image above shows the weekly changes in Tesla stock prices.

The 20 percent rise in Tesla stocks, Bloomberg’s “Billionaires IndexAccording to the latest data, Elon Musk told Jeff Bezos a while ago. transferred He is very close to reclaiming the title of richest person in the world. Jeff Bezos’ assets, according to the Bloomberg Billionaires Index, are currently 180 billion dollarsKen is Elon Musk’s 174 billion dollars levels. However, let’s not forget that Jeff Bezos earned only $ 5.95 billion during the period when Elon Musk earned $ 25 billion.

Bloomberg Billionaires Index

By the way; Tesla management announced a while ago that $ 1.5 billion Bitcoin investment announced that it was done. It was also stated that Tesla will receive payments with Bitcoin in the future. Consequently, it is possible to say that Tesla’s stock prices are also correlated with Bitcoin. Although it has been on the decline for a while, especially in the last two days on the uptrend Bitcoin can make Elon Musk the richest person in the world again in a matter of days.

  • Not: This content is not investment advice.
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Source :
https://markets.businessinsider.com/news/stocks/elon-musk-net-worth-tesla-stock-surges-jeff-bezos-2021-3-1030168274

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