Newsletter

Will Musk, the richest man in the world, offer a ‘half price Tesla’?

1 in the world again in 2 months
Look out for the announcement of the entry-level model on ‘Investor Day’

Tesla CEO Elon Musk beat Louis Vuitton Moët Hennessy (LVMH) Chairman Bernard Arnault and recaptured the world’s richest person in about two months.

As of 4:00 pm on the 27th (local time), Tesla’s stock price rose to $207.63 (about 275,000 won), according to Bloomberg News, Musk’s net worth was higher at $187.1 billion (247.8 trillion won) . It was more than Chairman Arnault’s $185.3 billion (245.4 trillion won).

Most of Musk’s assets are stakes like Tesla and SpaceX, which peaked at $340 billion (450.3 trillion won) on November 4, 2021. At the time, he was competing with Amazon CEO Jeff Bezos for the position of man richest in the world, and from September 2021 he retained the richest person in the world.

However, Tesla’s stock price fell 65% in the past year and Musk’s wealth declined as he sold his stake in Tesla worth $40 billion to finance the acquisition of Twitter. On December 14 last year, Musk’s net worth increased to $ 164 billion (217.2 trillion won), and lost his place as the main sign of Arnault, who has $ 171 billion (226.5 trillion won).

However, this year, Tesla’s share price increased thanks to the expected growth in sales following the expectation of overselling and the policy of cutting electric vehicles. As of the 27th, it was 207.63 dollars (275,000 won), almost doubled compared to last January 3 (108.10 dollars, about 143,000 won), which is the lowest point this year.

Attention is also focused on whether Musk will announce plans to launch a ‘half price Tesla’ at the ‘Investor Day’ event on the 1st. According to Reuters, Musk plans to unveil Tesla’s long-term blueprint, ‘Master Plan 3’, at the event. The market is paying attention to whether Musk will introduce a low-cost electric car at the level of $ 25,000 (33 million won), anticipating that Musk will reveal Tesla’s factory expansion and facility investment plans.

Reporter Kim Seong-eun

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending