{"id":2999,"date":"2020-11-23T17:39:46","date_gmt":"2020-11-23T17:39:46","guid":{"rendered":"https:\/\/thedailyherald.co.uk\/uncategorized\/elon-musk-13-billion-richer-in-one-week-as-tesla-stock-rises-ahead-of-battery-day\/"},"modified":"2020-11-23T17:39:46","modified_gmt":"2020-11-23T17:39:46","slug":"elon-musk-13-billion-richer-in-one-week-as-tesla-stock-rises-ahead-of-battery-day","status":"publish","type":"post","link":"https:\/\/thedailyherald.co.uk\/business-markets\/elon-musk-13-billion-richer-in-one-week-as-tesla-stock-rises-ahead-of-battery-day\/","title":{"rendered":"Elon Musk $13 Billion Richer In One Week As Tesla Stock Rises Ahead Of \u2018Battery Day\u2019"},"content":{"rendered":"

THE CHANGING FORTUNES OF THE WORLD\u2019S RICHEST A s Tesla CEO Elon Musk prepares to announce the company\u2019s newest innovations at a September 22 event called\u00a0 \u201cBattery Day,\u201d investors once again drove up the share price of the electric car maker, adding $13 billion to Musk\u2019s net worth over the past week. Tesla\u2019s stock rose 19% between the market close on Friday, September 11 and Friday, September 18, recovering from the sharp 21% plunge in the stock on September 8, when it was unexpectedly passed over for inclusion in the S&P 500 index.\u00a0 On September 11, Musk tweeted that \u201cmany exciting things\u201d will be announced at the Battery Day event. Analysts are speculating as to what the announcements may be. Morgan Stanley analyst Adam Jonas said in a note that revelations like a \u201cmillion-mile\u201d battery or a big jump in battery production capability could be \u201cnarrative changing\u201d for the company. Wedbush analyst Daniel Ives said in a Thursday note that Tesla could bring its cost of production below a threshold of $100 per kilowatt-hour, which would enable the company to be more profitable. Beyond a potential jump in battery manufacturing, Ives pointed to stronger sales numbe… Click below to read the full story from Forbes
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THE CHANGING FORTUNES OF THE WORLD\u2019S RICHEST A s Tesla CEO Elon Musk prepares to announce the company\u2019s newest innovations at a September 22 event called\u00a0 \u201cBattery Day,\u201d investors once again drove up the share price of the electric car maker, adding $13 billion to Musk\u2019s net worth over the past week. Tesla\u2019s stock rose…<\/p>\n","protected":false},"author":856,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[33],"tags":[],"yoast_head":"\nElon Musk $13 Billion Richer In One Week As Tesla Stock Rises Ahead Of \u2018Battery Day\u2019 - The Daily Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailyherald.co.uk\/uncategorized\/elon-musk-13-billion-richer-in-one-week-as-tesla-stock-rises-ahead-of-battery-day\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk $13 Billion Richer In One Week As Tesla Stock Rises Ahead Of \u2018Battery Day\u2019 - The Daily Herald\" \/>\n<meta property=\"og:description\" content=\"THE CHANGING FORTUNES OF THE WORLD\u2019S RICHEST A s Tesla CEO Elon Musk prepares to announce the company\u2019s newest innovations at a September 22 event called\u00a0 \u201cBattery Day,\u201d investors once again drove up the share price of the electric car maker, adding $13 billion to Musk\u2019s net worth over the past week. Tesla\u2019s stock rose…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thedailyherald.co.uk\/uncategorized\/elon-musk-13-billion-richer-in-one-week-as-tesla-stock-rises-ahead-of-battery-day\/\" \/>\n<meta property=\"og:site_name\" content=\"The Daily Herald\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-23T17:39:46+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\">\n\t<meta name=\"twitter:data1\" content=\"Ariel Shapiro\">\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data2\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thedailyherald.co.uk\/#website\",\"url\":\"https:\/\/thedailyherald.co.uk\/\",\"name\":\"The Daily Herald\",\"description\":\"Your Super Aggregated News, Blog & Magazine\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/thedailyherald.co.uk\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/elon-musk-13-billion-richer-in-one-week-as-tesla-stock-rises-ahead-of-battery-day\/#webpage\",\"url\":\"https:\/\/thedailyherald.co.uk\/uncategorized\/elon-musk-13-billion-richer-in-one-week-as-tesla-stock-rises-ahead-of-battery-day\/\",\"name\":\"Elon Musk $13 Billion Richer In One Week As Tesla Stock Rises Ahead Of \\u2018Battery Day\\u2019 - The Daily Herald\",\"isPartOf\":{\"@id\":\"https:\/\/thedailyherald.co.uk\/#website\"},\"datePublished\":\"2020-11-23T17:39:46+00:00\",\"dateModified\":\"2020-11-23T17:39:46+00:00\",\"author\":{\"@id\":\"https:\/\/thedailyherald.co.uk\/#\/schema\/person\/de806592aa9e5768710018966e3c3793\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thedailyherald.co.uk\/uncategorized\/elon-musk-13-billion-richer-in-one-week-as-tesla-stock-rises-ahead-of-battery-day\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thedailyherald.co.uk\/#\/schema\/person\/de806592aa9e5768710018966e3c3793\",\"name\":\"Ariel Shapiro\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/thedailyherald.co.uk\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/53eee32212ec512b535b998156f2b243?s=96&d=mm&r=g\",\"caption\":\"Ariel Shapiro\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","amp_validity":null,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/posts\/2999"}],"collection":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/users\/856"}],"replies":[{"embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/comments?post=2999"}],"version-history":[{"count":0,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/posts\/2999\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/media?parent=2999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/categories?post=2999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedailyherald.co.uk\/wp-json\/wp\/v2\/tags?post=2999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}