Elon Musk Wealth will increase to green usd 270 billion laater percentation value of tesla jumps 22 pc

Tesla’s share price has increased the most in the last decade in the last decade. This has increased more than $ 33 billion of the company’s Chief Elon Musk. Musk’s total wealth has increased to more than $ 270 billion due to a rise in Tesla’s stock.

According to Bloomberg report, the increase in profit in Tesla’s third quarter has led to a bounce in the company’s share price. Musk’s wealth has increased by about $ 61 billion compared to the e-commerce and tech company Amazon’s head Jeff Bezos. About 75 percent of his wealth is available from Tesla’s shares. Spacex associated with the space sector, social media platform X (first Twitter) and Artificial Intelligence (AI) are also muscles of XAI. After the announcement of Tesla’s quarterly results, he said that the company’s vehicle sales are estimated to have a 30 percent increase. Musk said Cybertruck has achieved its first quarter profit.

Prominent candidates are supporting Donald Trump in the election of the president to be held next month in the US. Musk said that if Trump is offered a position in the government after winning the election, he would emphasize approval for autonomous vehicles. Trump said that if he becomes President of America for the second time, he would offer Musk to take responsibility for a new department to minimize hurdles by the bureaucracy.

Last year, Tesla’s model Y has been the best -selling car in the world. Japan’s automobile company Toyota’s Corolla was the best -selling car in the international market for almost two decades. Last year it has finished fourth in terms of sales. According to data from Jato Dynamics, last year Tesla has sold around 12.2 lakh units of model Y. This is an increase of about 64 percent on a year-on-year basis. Toyota has recorded a decline of nearly 19 percent in Corolla sales. Last year, Toyota’s Rav4 was the second best selling car with a sale of around 10.8 lakh units. This was followed by Honda’s CR-V (8,46,000 units). Model 3 of Tesla has also made it to 10 best selling cars.