As it was being speculated that if Donald Trump becomes the President of America, then the world’s richest businessman Elon Musk and his company Tesla will become rich. Something similar is being seen as soon as the stock market opens after the election results are announced. Elon Musk’s shares have reached a record high of 52 weeks. The special thing is that in a trading session of 10 minutes, Elon Musk’s auto company has earned more than Rs 10 lakh crore. If experts are to be believed, Tesla shares may continue to rise in the coming days. By the way, as soon as the stock market opens in America, good growth is being seen in all the indices Nasdaq, Dow Jones and S&P 500. Let us also tell you at what level Tesla shares are trading.
Tesla shares made a record
Shares of Tesla, the world’s largest EV company, made a record and reached a 52-week high. As soon as the market opened on Nasdaq, the company’s stock opened with a rise of 13 percent at $284.67 and in just 10 minutes it reached a 52-week high of $289.59. Whereas a day earlier the company’s shares were at $251.44. By the way, Tesla shares have seen a rise of up to 20 percent in two days. If experts are to be believed, Tesla shares may be seen crossing $300 in the next few days.
Market cap increased by $121 billion
There has also been an increase in the market cap of the company. When the company’s shares reached a 52-week high 10 minutes after the stock market opened. Due to which the market cap of the company had crossed 900 billion dollars. According to the data, the market cap of the company has seen an increase of about 121 billion dollars in 10 minutes. If we look at it in Indian rupees, an increase of more than Rs 10 lakh crore has been seen in 10 minutes. A day earlier, the market cap of the company was $ 796.72 billion, which reached $ 917.60 billion on Wednesday. This means that the market cap of the company has seen an increase of $120.88.
Tremendous increase in Elon Musk’s wealth
According to the data of Forbes Real Time Billionaires, there is an increase of more than 18 billion dollars in the wealth of Elon Musk. According to statistics, Elon Musk’s total wealth has reached $282.7 billion. At present, Elon Musk is the richest businessman in the world. It is being estimated that Donald Trump’s total net worth may just cross the $300 billion mark. Apart from Musk, there has been an increase of about 9 billion dollars in the wealth of Oracle promoter Larry Ellison. On the other hand, there is a decline of 3.4 billion dollars in the wealth of Mark Zuckerberg.
