Elon Musk, the CEO of Tesla, is now the world’s richest person, according to Forbes, with a net worth of $271.3 billion. The leap in Tesla Inc’s stock market value past $1 trillion on Monday is a double win for CEO Elon Musk, the company’s largest shareholder.
Tesla’s stock jumped 12.7 percent after the company received its largest-ever order from Hertz, a rental car provider.
According to Refinitiv, Musk’s 23 percent share in the newly minted trillion-dollar firm is currently worth roughly $230 billion, with Tesla’s stock closing at a record high of $1,024.86.
