Elon Musk Tesla Face Strong Competition In China As Company Unveil Cheaper Electric Cars

Elon Musk recently becomes the world's richest man, with a net worth of $194.8 billion, displacing Amazon's Jeff Bezos, who had held the position since 2017. Elon Musk added $165.5 billion of wealth in the past year. On Thursday, the 7.9% surge in his auto company Tesla shares boosted Musk's pass Jeff Bezos on the Bloomberg Billionaires Index.

Currently, Elon Musk is worth $194.8 billion or $9.5 billion more than Amazon.com Jeff Bezos. Though Musk is in a private space exploration race with his Musk’s Space Exploration Technologies Ltd., or SpaceX, his recent surge in wealth came from the climb in the share price of Tesla Inc s an electric automobile company he owned. Continue reading ... https://50minds.com/elon-musk-tesla-face-strong-competition-in-china-as-chinese-company-unveil-cheaper-electric-car/