Bulletin
Investor Alert

Oct. 26, 2021, 4:21 a.m. EDT

Elon Musk made $36 billion in a single day on Tesla’s historic stock surge

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Tesla Inc. (TSLA)
  • X
    Amazon.com Inc. (AMZN)
  • X
    Microsoft Corp. (MSFT)

or Cancel Already have a watchlist? Log In

By Barbara Kollmeyer

Thanks to a rental-car company that at one point went bankrupt, Elon Musk is now worth a mind-boggling $289 billion.

The personal wealth of Tesla’s /zigman2/quotes/203558040/composite TSLA +4.24% chief executive officer shot up by $36.2 billion on Monday, according to the Bloomberg Billionaire Index . He’s now comfortably ahead of Amazon /zigman2/quotes/210331248/composite AMZN +2.80% CEO Jeff Bezos’s $193 billion wealth pile, that dropped by $751 million on Monday as shares of the e-commerce giant fell 0.5%.

Even combining the wealth of Microsoft /zigman2/quotes/207732364/composite MSFT +2.68% co-founder Bill Gates and Facebook /zigman2/quotes/205064656/composite FB +1.55% boss Mark Zuckeberg doesn’t touch Musk’s money pile — their combined wealth is $257 billion.

Tesla’s valuation surged past $1 trillion on Monday , with the stock closing at a record high of $1,024.86 after Hertz /zigman2/quotes/227855833/composite HTZ +0.73% announced plans to order 100,000 Tesla vehicles and a Morgan Stanley analyst lifted his forecast on the auto maker.

Hertz emerged from bankruptcy this summer, after filing more than a year ago due to the pandemic.

As for Musk, his one-day wealth gain surpassed that of gross domestic products for entire countries, including Estonia, Latvia and Bolivia.

He’s also dominating rival auto makers of course.

The Wolf Street blog neatly visualized Tesla’s market cap against automakers including Toyota /zigman2/quotes/200537742/composite TM +1.54% , Volkswagen /zigman2/quotes/203434344/delayed XE:VOW3 +8.63% , BYD /zigman2/quotes/206867707/delayed HK:1211 +0.14% , Daimler /zigman2/quotes/201850364/delayed XE:DAI +1.57% , General Motors, /zigman2/quotes/205226835/composite GM +2.82% BMW /zigman2/quotes/202432319/delayed XE:BMW +2.74% , Ford /zigman2/quotes/208911460/composite F +3.85% , Stellantis /zigman2/quotes/204248628/composite STLA +1.95% , Honda /zigman2/quotes/207173990/composite HMC +1.98% and SAIC /zigman2/quotes/201442870/delayed CN:600104 -0.86% .

/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 1,051.75
+42.74 +4.24%
Volume: 18.69M
Dec. 7, 2021 4:00p
P/E Ratio
340.55
Dividend Yield
N/A
Market Cap
$1013.31 billion
Rev. per Employee
$445,694
loading...
/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 3,523.29
+95.92 +2.80%
Volume: 3.32M
Dec. 7, 2021 4:00p
P/E Ratio
68.89
Dividend Yield
N/A
Market Cap
$1738.18 billion
Rev. per Employee
$297,430
loading...
/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 334.92
+8.73 +2.68%
Volume: 31.02M
Dec. 7, 2021 4:00p
P/E Ratio
37.44
Dividend Yield
0.74%
Market Cap
$2449.03 billion
Rev. per Employee
$928,663
loading...
/zigman2/quotes/205064656/composite
US : U.S.: Nasdaq
$ 322.81
+4.94 +1.55%
Volume: 18.79M
Dec. 7, 2021 4:00p
P/E Ratio
23.05
Dividend Yield
N/A
Market Cap
$884.24 billion
Rev. per Employee
$1.47M
loading...
/zigman2/quotes/227855833/composite
US : U.S.: Nasdaq
$ 26.17
+0.19 +0.73%
Volume: 5.34M
Dec. 7, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$12.30 billion
Rev. per Employee
$219,083
loading...
/zigman2/quotes/200537742/composite
US : U.S.: NYSE
$ 187.44
+2.85 +1.54%
Volume: 245,085
Dec. 7, 2021 4:00p
P/E Ratio
9.01
Dividend Yield
2.16%
Market Cap
$252.22 billion
Rev. per Employee
$700,558
loading...
/zigman2/quotes/203434344/delayed
XE : Germany: Xetra
185.00
+14.70 +8.63%
Volume: 3.56M
Dec. 7, 2021 6:30p
P/E Ratio
5.21
Dividend Yield
2.63%
Market Cap
€109.54 billion
Rev. per Employee
€336,391
loading...
/zigman2/quotes/206867707/delayed
HK : Hong Kong
$ 292.60
+0.40 +0.14%
Volume: 1.98M
Dec. 8, 2021 11:59a
P/E Ratio
190.92
Dividend Yield
0.06%
Market Cap
$981.62 billion
Rev. per Employee
$768,847
loading...
/zigman2/quotes/201850364/delayed
XE : Germany: Xetra
86.81
+1.34 +1.57%
Volume: 3.73M
Dec. 7, 2021 6:30p
P/E Ratio
6.71
Dividend Yield
1.56%
Market Cap
€91.44 billion
Rev. per Employee
€534,902
loading...
/zigman2/quotes/205226835/composite
US : U.S.: NYSE
$ 61.53
+1.69 +2.82%
Volume: 14.14M
Dec. 7, 2021 4:00p
P/E Ratio
8.22
Dividend Yield
0.00%
Market Cap
$86.88 billion
Rev. per Employee
$790,226
loading...
/zigman2/quotes/202432319/delayed
XE : Germany: Xetra
90.84
+2.42 +2.74%
Volume: 1.71M
Dec. 7, 2021 6:30p
P/E Ratio
5.07
Dividend Yield
2.09%
Market Cap
€57.49 billion
Rev. per Employee
€819,956
loading...
/zigman2/quotes/208911460/composite
US : U.S.: NYSE
$ 19.96
+0.74 +3.85%
Volume: 75.89M
Dec. 7, 2021 4:04p
P/E Ratio
27.54
Dividend Yield
2.00%
Market Cap
$76.81 billion
Rev. per Employee
$683,570
loading...
/zigman2/quotes/204248628/composite
US : U.S.: NYSE
$ 18.78
+0.36 +1.95%
Volume: 4.31M
Dec. 7, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$57.52 billion
Rev. per Employee
$521,383
loading...
/zigman2/quotes/207173990/composite
US : U.S.: NYSE
$ 28.89
+0.56 +1.98%
Volume: 796,841
Dec. 7, 2021 4:00p
P/E Ratio
6.03
Dividend Yield
3.53%
Market Cap
$48.43 billion
Rev. per Employee
$587,503
loading...
/zigman2/quotes/201442870/delayed
CN : China: Shanghai
¥ 20.68
-0.18 -0.86%
Volume: 32.73M
Dec. 8, 2021 11:29a
P/E Ratio
9.92
Dividend Yield
3.00%
Market Cap
¥233.96 billion
Rev. per Employee
¥3.60M
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.