Elon Musk’s electric vehicle manufacturing company, Tesla, ‘s stock rose about 22% on 25 October. As a result, Musk’s net worth increased by $26.4 billion, or about Rs 2.21 lakh crore, in a single day. This is about 11% of Musk’s current total net worth.
This is the second biggest rise in Tesla’s stock in intraday so far. Earlier, on May 9, 2013, the biggest rise in intraday was seen in Tesla’s stock. At the same time, Tesla’s market cap has now become $ 81.62 thousand crores.
This rise was seen in stock of Tesla after the results of Q3-2024.
This rise has been seen in Tesla’s stock after the results of the company’s third quarter. In Q3-2024 i.e. the third quarter, the company’s total revenue increased 8% year-on-year to $ 25,182 million. The company’s revenue was $23,350 million in the same quarter a year ago i.e. Q3-2023.
At the same time, in the third quarter, the company’s gross profit increased by 20% year-on-year to $4,997 million. In the same quarter (Q3-2023) a year ago, the company’s gross profit was $4,178 million.
Musk’s net worth increased by $26.4 billion in a day.
According to Forbes Real Time Billionaires, Musk’s net worth has increased by $26.4 billion i.e. Rs 2.21 lakh crore. Now Elon Musk is the richest person in the world with a net worth of $269.8 billion i.e. about Rs 22.68 lakh crore.
At the same time, Oracle’s owner Larry Page of America is at number two with a net worth of Rs 17.84 lakh crore and Amazon founder Jeff Bezos is at number three with Rs 17.17 lakh crore.
