Blogs › Business and Finance | ECOSA

Elon Musk’s fortune slumped by $16.1 billion (R304.72 billion)

Elon Musk’s fortune slumped by $16.1 billion (R304.72 billion) Thursday after Tesla Inc.’s weak third-quarter earnings weighed on shares. Musk, who is the richest person on the planet with a fortune of $209.6 billion (R3.99 trillion), owns 13% of Tesla and derives the majority of his wealth from the auto company. Tesla’s shares fell by 9.3% after it missed both earnings and sales expectations for the quarter. In a conference call following the earnings release Wednesday,...

Par 2023-10-20 22:52:40 0 345

Plus d'articles

Commandité

News

South Africa lost over 6,000 taxpayers to emigration last year – but that’s not the biggest problem, according to SARS

SARS commissioner Edward Kieswetter says that headlines beating the drum on emigration eroding...

Par 2023-03-29 07:34:38 0 450

News

Woman found murdered in Sandton park

Gauteng police are investigating a case of murder after the body of a woman was discovered...

Par 2023-11-10 07:25:43 1 848

Services

Eskom announces longest load-shedding break since start of the year

Eskom will suspend load-shedding from 11:00 on Monday, 20 March 2023, due to significantly lower...

Par 2023-03-20 23:58:25 0 372

Business and Finance

Elon Musk’s fortune slumped by $16.1 billion (R304.72 billion)

Elon Musk’s fortune slumped by $16.1 billion (R304.72 billion) Thursday after Tesla...

Par 2023-10-20 22:52:40 0 345

Autre

How much a load-shedding survival kit costs

Load-shedding will be a reality in South Africa for some time, and many backup power solutions...

Par 2023-06-21 07:02:22 0 382