Elon Musk's Tesla Is Now The Most Valuable US Car Company, Ahead Of GM And Ford
The electric car company has made history, being the only electric car company to take the top spot.
Heads up nerds, we¡¯re well on our way to ruling the world! The latest market data indicates electric car company Tesla is now the most valuable auto manufacturer in the US.
Reuters
Tesla has finally surpassed the top two leaders in the industry, General Motors and Ford, to claim the high chair as the largest US car company. It's a historic moment as Tesla is the only electric car company to claim the top spot in any country across the world.
According to the Bloomberg Billionaires Index, Tesla CEO Elon Musk has added another $2.21 billion to his net worth through the company¡¯s increasing stock value. Musk owns about 20 percent of Tesla¡¯s outstanding shares, aside from an undisclosed stake in his private spaceflight company SpaceX. His total net worth now stands at a cool $12.9 billion according to Bloomberg. Forbes, meanwhile, values the tech icon even higher at $15.1 billion.
Whichever valuation you take into account, Musk is now among the top 100 richest people in the world, at the 86th spot according to Bloomberg and 70th according to Forbes, richer than media tycoon Rupert Murdoch.
