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11 Aug 2020 16:12
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  •   Home > News > Business

    Elon Musk's net worth has soared to make the chief executive officer of Tesla Inc the seventh richest person in the world

    Elon Musk's net worth has soared to make the chief executive officer of Tesla Inc the seventh richest person in the world


    According to the Bloomberg Billionaires Index, Mr Musk's fortune has risen by $US6.07 billion following a 10.8 per cent jump in the electric carmaker's stock on Friday local time.

    Tesla's shares have surged 500 per cent over the past year as the company increased sales of its Model 3 sedan.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     11 Aug: Fletcher Building says it's in a good spot to weather any more possible storms of Covid-19
     11 Aug: Fletcher Building expects a net earnings loss of 196-million dollars for the year to the end of June, mainly due to the impacts of Covid-19
     11 Aug: Don't wait for a trigger to seek financial advice
     10 Aug: A new report shows pokie gambling in New Zealand pubs and clubs, is costing the retail sector more than 400-million dollars a year
     10 Aug: More turbulence on the horizon for Kapiti Coast Airport, which is once again at threat of closure in the wake of Covid-19
     10 Aug: It might not be all bad for the South - when the Tiwai Point aluminium smelter closes
     09 Aug: Auckland's Watercare dams are still 25% below their usual storage levels for this time of the year
     Top Stories

    RUGBY RUGBY
    Julian Savea's staying tight-lipped on which provincial team he plans to represent in this year's Mitre 10 Cup More...


    BUSINESS BUSINESS
    Fletcher Building says it's in a good spot to weather any more possible storms of Covid-19 More...



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    Living & Travel:
    A late-night fire at St Paul's Cathedral in the heart of Dunedin was most likely accidental 14:07


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