Includes major US listed companies involved in the manufacture and sale of electric vehicles. With growing environmental concerns such as the impacts of climate change, many governments and consumers are prioritizing the use of clean energy and reducing carbon emissions. EVs rely on advanced technologies such as battery storage, charging infrastructure, and autonomous driving. Investing in EV stocks offers exposure to companies in these key technological and sustainable advancements, and helps investors benefit from potential growth opportunities. Many governments are offering incentives for the purchase of EVs, including tax credits and subsidies, to encourage the adoption of cleaner vehicles. This support can create a favorable environment for EV manufacturers and suppliers, potentially leading to higher profits and improved stock market performance.
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Elon Musk's net worth of assets reached a record-breaking $347.8 billion.
Since Trump was elected, Tesla's stock price has steadily increased. On Friday, Tesla closed up 3.8%, reaching a new high since the first half of 2022, helping Musk's net assets reach a record high of 347.8 billion US dollars on Friday, surpassing the previous historical high of 340.4 billion US dollars set in November 2021.
Tesla's stock price soared, pushing Musk's personal wealth to a historic high.
Thanks to the sharp rise in Tesla's stock price recently, the world's richest person, Elon Musk, has seen a significant increase in his personal wealth, setting a new record for his net assets. According to Forbes statistics, Musk's current personal net worth has reached $321.7 billion, while the Bloomberg Billionaires Index reports this figure as $347.8 billion.
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