Founder of Tesla Inc. and SpaceX Elon Musk took second place in the list of the richest people in the world, ahead of Microsoft founder Bill Gates. This was reported by the Bloomberg Billionaires Index.
Over the past 12 months, Mask’s fortune has grown by about $ 100 billion, according to Bloomberg estimates. According to the agency, none of the 500 richest people in the world on the list have increased their capital so quickly during this period. In January, Musk ranked 35th in the Bloomberg rankings.
The main reason for the increase in Mask’s wealth was the growth of Tesla’s capitalization. In January this year, it was less than $ 100 billion, and is now estimated at about $ 500 billion.
Tesla was founded by Mask in 2003. Initially, the company specialized in the production of electric vehicles, but later also began to create energy-saving systems.
Tesla CEO Elon Musk wants to turn the Tesla plant near Berlin into the world’s largest factory for the production of batteries for electric vehicles. The businessman stated this on Tuesday, November 24, speaking via video link at the European Conference of Battery Manufacturers. The plant near Berlin will be one of a kind as […]
Shares of US electric car manufacturer Tesla continue to rise sharply amid news of the company’s future accession to the S&P index. On Tuesday, November 24, the market value of Elon Musk’s company crossed the $ 500 billion mark for the first time. Tesla shares are said to have risen nearly 550 percent this year, […]
Tesla Inc. paid its chairman and founder, Elon Musk, $ 3 million in compensation for D&O insurance to defend, settle disputes, or make court decisions. This was reported by Insurance Business. This insurance covers the expenses of the members of the board of directors, which are not included in the general expenses of the top […]
Tesla Inc. of Elon Musk will export Model 3 electric cars made in China to Europe. This was reported by the Interfax-Ukraine news agency with reference to the company’s statement. The first batch of 7,000 cars will be shipped from the port of Shanghai on October 27. They are expected to reach the Belgian port […]
Shares of Tesla rose by 2.73% to $ 425.30 on Wednesday amid overall stock index growth, however, this growth was lower than the growth of shares of competitors such as Ford, General Motors and Chinese automaker NIO, which rose by 3.58%, 4% and 4.3% respectively. Tesla’s current share price of $ 77.19 is below the […]
At the Tesla Battery Day event, its founder Elon Musk announced the plans to build a budget electric car for $ 25,000 using a much cheaper battery. If the plans will be realized, the new car will be the most budgetable in the Tesla line. Nowadays the company’s cheapest model – sedan Model 3 – […]
The American company SpaceX will launch the first Starship spacecraft into Earth orbit, most likely in 2021. It said its founder Elon Musk, speaking at a video conference on the problem of human flight to Mars, according to TASS on Tuesday, September 1. Mask was asked when the first test flight of Starship into orbit […]
Apple has received a fine of € 318 million from the Italian regulatory authorities. Apple is accused of violating tax laws, namely in the tax evasion in Italy by transferring funds to Ireland. During the investigation, regulatory authorities found that the company deliberately transferred funds in the amount of € 880 million to Ireland, where […]
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French oil and gas company Total and Google Cloud developed technology based on artificial intelligence to assess the potential use of the solar energy in homes. This is stated in the message of the Total. “Total and Google Cloud pooled their expertise to jointly develop innovative tools of the Solar Mapper, which aims to accelerate […]
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The net profit of one of the world’s largest investment banks JP Morgan Chase (USA) in January-September 2020 decreased by 39% compared to the same period last year and amounted to 16.995 billion dollars, according to the report of the investment bank. Adjusted earnings per share were $ 5.09 against $ 8.15 a year earlier. […]
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Latvian airline AirBaltic will resume flights to Ukraine on December 1 and will start a new flight Vilnius-Kiev to Boryspil airport. The schedule includes departures twice a week on Tuesdays and Saturdays on Airbus A220-300. Flights from Vilnius will depart at 09:00, from Kiev – at 11:15. “Vilnius Airport can be used for transit to […]
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Twitter shares that have risen by 10.5% since the beginning of the year rose by 7.34% on Wednesday in the announcement of plans to launch the Gryphon subscription platform. Twitter posted an ad for a “senior division engineer” on its website in the vacancies section. Twitter did not comment anything, but investors were happy to […]
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Representatives of the House of Representatives and the US Senate have agreed to include additional sanctions against Russia’s Nord Stream-2 gas pipeline. The sanctions will be included in the US State Defense Act for 2021.This was reported by Bloomberg. The sanctions will affect insurance and certification companies working with Russian courts to complete the project. […]
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Sales of state-owned distilleries will begin in mid-September. This was reported by Acting Director of the state concern Ukrspirt Serhiy Bleskun on the social network. For professionals in the alcohol industry, privatization does not mean loss of jobs, but rather – new career opportunities, he highlighted. “We have already submitted proposals for 25 of Ukrspirt’s […]
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Division of a major bank in Switzerland will pay to the USA government a fine of $ 99 million to settle the case to the complicity of American citizens in tax evasion, – reports The Wall Street Journal. In its defense, the bank’s representatives said that their establishment has never been support those who […]
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Created by Bill Gates, Microsoft third time topped the annual ranking of the 100 most responsible US corporations. This was announced by Forbes on Wednesday, October 14. Also in the top five of the updated list, in addition to Microsoft, included only technological giants – NVIDIA, Apple, Intel Alphabet. “Forbes compiled the rating together with […]
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The European Bank for Reconstruction and Development intends to provide the “Astarta” agro-holding a loan of $ 20 million. The money will be spent for modernization of sugar factories. This was said in the message of the bank. According to the report, the European Bank for Reconstruction and Development is considering the possibility to give […]
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Khmelnytskyi regional territorial office of the Antimonopoly Committee of Ukraine has fined the privately-operated enterprise “Prometey consulting firm” in the name of the branch “Slavutskyi Butter Plant”, “Ryhalsky factory of the desiccated milk ” LLC, “Bimol” LLC, “Biscuit-Milk” LLC for 36.828 thousand UAH for anticompetitive concerted actions in the milk procurement market for industrial processing. The Regional territorial office found […]
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Bad news for oil industry workers and suppliers: Royal Dutch Shell has joined the ranks of energy companies who are slashing their spending. Shell said it was scaling back its planned capital investment by $15 billion over the next three years. Oil is now trading around $45 per barrel, down from over $100 per barrel […]
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The Antimonopoly Committee of Ukraine allowed domestic pharmaceutical manufacturer “Farmak” to buy a Polish pharmaceutical company KWW Kotkowski Wierzbicki W?grzyn sp.j. “PJSC “Farmak” (Kiev) received the permission for indirect [through the company “Farmak Invest Limited” (Nicosia, Cyprus)] acquisition of shares in the authorized capital of the company “KWW Kotkowski Wierzbicki W?grzyn sp.j.”, which provides excess […]
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If there is a sector in which Ukraine is objectively comparable to the leaders of the world rankings, it is agriculture. According to the «Food» and «Agriculture Organization», Ukraine ranks third in the world by percentage of cropland against the total county’s area. And according to the «National Master»(global statistics portal), Ukraine occupies the 4th […]
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On Monday, shares of Amazon.com.Inc., Apollo Global Management and Rackspace Technology, which recently was listed on NASDAQ, rose respectively by 1.1%, 2.45% and 10.3%. Positive news was reported by Reuters, about Amazon’s potential investment in Rackspace, which is both a partner and a competitor of the technology giant. Rackspace is an expert on multi-cloud solutions, […]
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Each company and the man himself admits, sometimes failing, seemingly mistakes. But if it is really a failure or a good experience for the development shows a wonderful book of Laurence G. Weinzimmer and Jim McConoughey “The Wisdom of Failure”. 5 small stories from the book will help you to understand that the business mistakes […]
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