Elon Musk’s company Tesla has achieved a big milestone. Electric car maker Tesla has now become a company with a market cap of one trillion dollars. Tesla Inc.’s stock rose 12.66% on Monday. The biggest reason behind this boom is Tesla getting its biggest order ever from rental car company Hertz. Tesla’s valuation has exceeded even the top 5 BSE listed companies.
Tesla and SpaceX CEO Elon Musk’s wealth has increased by $36.2 billion (Rs 2.71 lakh crore) in a single day. This is the biggest jump in wealth in a single day in the history of the Bloomberg Billionaires Index.
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About Elon Musk
- Elon Musk is working to transform global transport, using electric car maker Tesla – and in space, through rocket manufacturer SpaceX.
- He owns 23% of Tesla but has promised more than half of his stake as a mortgage; Forbes lowered his stake to cover the loan.
- Tesla CEO stepped down as chairman in 2018, after making “false statements” about a plan to take Tesla secretly, sparking an SEC investigation.
- SpaceX, the Musk rocket company, is worth $ 74 billion after its recent funding in February 2021.
- Growing up in South Africa, she moved to Canada at the age of 17. Arrived in the U.S. as a transfer student at the University of Pennsylvania.
- In 2002, Musk founded SpaceX, an aerospace manufacturer and space transport services company, of which he is CEO and CTO.
- In 2004, he joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect, becoming its CEO in 2008.
- In 2006, he helped create SolarCity, a solar energy services company that was later acquired by Tesla and became Tesla Energy.
- In 2015, he co-founded OpenAI, a nonprofit research company that promotes friendly artificial intelligence.
- In 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain–computer interfaces, and founded The Boring Company, a tunnel construction company. Musk has proposed the Hyperloop, a high-speed vactrain transportation system.
Important questions related exams related to Elon Musk
- Who is the founder and the current Chief Executive Officer of Tesla Motors? – Ans. Elon Musk
- In which country was Elon Musk born? – Ans. South Africa
- Who is the co-founder of Tesla Motors with Elon Musk? – Ans. Martin Eberhard
- Aged 12, Musk sold his first computer program for $500. It was a video game called what? – Ans. Blastar
- Aged 17, Musk left his homeland and moved to Canada. This saved him from what? – Ans. National Service
- In 1999, Musk founded X.com, which merged with Confinity 2 years later to become which online business? – Ans. PayPal
- In 1999 Musk bought himself what luxury, for $3.5 million? – Ans. A Maclaren F1 racing car
- In 2002, Musk founded SpaceX, a company which builds rockets. In 2008, its Falcon 9 became the first privately funded spacecraft to do what? – Ans. Dock with the International Space Station
- In 2004 Musk became the chairman of a company which manufactures electric cars. It is named after which historical inventor? – Ans. Nikola Tesla
- Ever resourceful, Musk taught himself computer programming at what age? – Ans. 10 ( The computer he used was a Commodore VIC-20 with 20 kilobytes of memory. Today’s computers have around 2 gigabytes – 100,000 times more than Elon’s first!)
- In 2016, Musk founded another company, dedicated to providing tunnels for transportation. What is this company called? – Ans. The Boring Company
- Elon Musk is officially the 49th richest person in the world. As of December 2019, his assets are worth how much? – Ans. £18 billion