Elon Musk’s Tesla is one of the leading carmakers in the Industry. With Tesla bringing the technology of battery-operated cars, people started looking at it as a replacement to fuel dependant vehicles.
Initially started their operations in the USA and slowly and steadily took over the globe. The Tesla family is growing day by day and now it has started spreading its feathers in India as well.
Tesla, initially running its operations in the USA has been slowly taking over the world with their new technology of battery-operated vehicles. An upgrade from fuel dependent and heavy-maintenance vehicles. India has also welcomed this change with all the grace. Though the prices are comparatively on the higher side, people are finding its utility and willing to purchase the vehicle.
Features like low maintenance, automation of driving, no dependency on fuel, quick and long-lasting charging have been the center of attraction for the people.
Already growing tesla has now been coming ahead in India and becoming a great success in India as well. Tesla now has become a company that has more market cap than the top 5 companies of BSE combined. This growth is been consistent right from the day tesla was introduced.
Elon Musk who looks after the company is one of the most sorted personalities in the world. His growth has also been remarkable. The wealth of Elon Musk has grown by 36 Billion Dollars.
Elon Musk on Monday, That is 25th October 2021 has now touched a new milestone breaching the $1 trillion market capitalization mark, as the stock price soared 12.66% on the back of a massive order from car-rental behemoth Hertz. By this increase in market cap, Teslas’ now is more than the top 5 BSE Companies listed and clubbed together.
With the rise in Teslas’ share price, Elon Musk’s net worth has also increased massively by $36 billion, as per Bloomberg Billionaires Index, finding himself to be the world’s richest person leaving behind Amazon’s Jeff Bezos.
Tesla’s market cap is now more than RIL, TCS, HDFC Bank, Infosys, and ICICI Bank. Since May 2021, the share price of Tesla has zoomed massively by 64%, hitting a high of 52 weeks of $1045 per share. Elon Musk is now riches person leaving behind Jeff Bezos by $96 Billion. Jeff Bezos’ net worth stands at $193 Billion.
With Tesla playing its cards in India and growing successfully, Musk aiming to enlarge its feet.
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