Hi guys, Elon Musk is one of the millionnaire who earned more during this pandemic year.
Yesterday the "Tesla" earned 8% which means 6 billion dollar earnings for Elon Musk in a day !!
So now the netcome of Elon is 97 billion dollars !
I am pretty sure that if he continues like that he can be (the 1st ??) trillionaire.
I link here a research about who will be the first trillionaire and when .
Here we must say that :Tesla" earns 410% from 1 Jan !
But why "Tesla" earned so much ??
Because "Tesla" is join the S&P 500
A little bit about Tesla. Tesla founded 2003. At 2010 joined at Nasdaq at price 17 dollars. This time the price is at 500 dollars. At 21 Dec 2020 will join at S&P 500.
But why is so important the S&P 500 ??
It is difficult to join because a company needs to amass at least four consecutive quarters of profitability.
Because at this exchange are listed only the 500 large companies in the US.
So , if you keep working like Elon Musk , you will succeed !!!
PS The photo was taken from https://www.marketwatch.com/story/tesla-is-getting-listed-on-the-sp-500-here-are-3-takeaways-for-retail-investors-2020-11-17