Elon Musk’s $139bn fortune leads massive EV wealth gains

08 December 2020: Elon Reeve Musk, Business magnate, industrial designer and engineer. Founder, CEO, CTO and chief designer of SpaceX and Tesla Inc, made sparkling ascent in 2020. That’s simply days after surging to the second-richest particular person on the planet with a $139 billion fortune. Elon Musk was at the Axel Springer Award ceremony in Berlin, Germany, on December 1, 2020. Reports indicate that Tesla can be added to the S&P 500 Index in a single shot on Dec. 21.

In a Twitter message, Tesla CEO Elon Musk revealed his company’s plans to enter Indian roads in 2021 with a range of electric cars. In a reply to Tesla Club India TeslaClubIN post. Tesla, the American electric vehicle maker, aims to roll out about 20 Million Vehicles per annum by 2030.

As the co-founder and CEO of Tesla, Elon leads all product design, engineering and global manufacturing of the company’s electric vehicles, battery products and solar energy products. The first Tesla product, the Roadster sports car, debuted in 2008, followed by the Model S sedan, which was introduced in 2012, and the Model X SUV, which launched in 2015. Model S received Consumer Reports’ Best Overall Car and has been named the Ultimate Car of the Year by Motor Trend, while Model X was the first SUV ever to earn 5-star safety ratings in every category and sub-category in the National Highway Traffic Safety Administration’s tests.