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Tesla motors

Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002 and Tesla Motors in 2003. Musk became a multimillionaire in his late 20s when he sold his start-up company, Zip2, to a division of Compaq Computers.  Musk made headlines in May 2012, when SpaceX launched a rocket that would send the first commercial vehicle to the International S

Battery cars

Speaking of Musk, today’s big rally in Tesla (see chart below) has led to a surge in his net worth, making him arguably the richest person to ever walk the planet at roughly $250B. As for the company itself, today’s move has driven Tesla’s market capitalization above $1T, putting in the rarified “quadruple comma” club with (only) Apple, Microsoft, Google, and Amazon as other such members.

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Electric cars