Musk's wealth surpasses Buffet's

Friday, 10. July 2020 23:59

Billionaire Elon Musk surpassed Warren Buffet in terms of wealth on Friday after his company Tesla Inc.'s stocks jumped almost 11%.

Musk, who owns approximately 20% of the carmaker, also surpassed former Microsoft Corp. CEO Steve Ballmer and Google LLC co-founders Larry Page and Sergey Brin.

The executive previously claimed Tesla is "very close" to develop a level five autonomous driving technology that is expected to enable car navigation without a driver present in a vehicle.

Related Links: Tesla Inc.
Author:
Breaking the News / MD