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$11.3 billion in one day! Musk's wealth fell to $290.7 billion, but he remains the world's richest man

The wealth of the rich people rises and falls, which is really unimaginable to us ordinary people! Today (January 5) morning, Nansheng was still reading Musk's article "his value soared by $33.8 billion", but when he checked the latest data in the evening, he found that it had changed again.

$11.3 billion in one day! Musk's wealth fell to $290.7 billion, but he remains the world's richest man

Taking the information displayed on the Forbes Real-Time Wealth List as an example, Musk's wealth fell to $290.7 billion due to the decline in Tesla's stock price, a $11.3 billion decline from the previous day — a return to the $200 billion range, but still more than $80 billion higher than second-place Bernard Arnault & Family.

New energy vehicles are selling, and Musk's wealth still has room to rise

On January 3, Tesla announced data on vehicle sales and deliveries for the fourth quarter of fiscal 2021 and the full year. Among them, car sales in the fourth quarter reached 308,600 electric vehicles, which not only broke the new record just set in the third quarter, but also exceeded market expectations.

$11.3 billion in one day! Musk's wealth fell to $290.7 billion, but he remains the world's richest man

Throughout fiscal year 2021, Tesla sold a total of 936,000 vehicles, nearly doubling from 499,600 in fiscal 2020. Such a strong development speed has made the market and capital full of expectations for Tesla's prospects, which in turn has pushed Musk's wealth to a new high, once exceeding $300 billion.

As some media reported, "for Tesla, this is a season worth showing off", "Tesla's performance in the fourth quarter is jaw-dropping", "I feel that this market has finally reached a critical point after continuous accumulation of changes in the early stage, and new energy vehicles are expected to enter a golden development period"...

According to reports, China's new energy vehicle sales will exceed 3 million in 2021, and the production and sales of new energy vehicles in 2022 will exceed 5 million, which has entered a stage of rapid development. In addition, the strategy of carbon peaking and carbon neutrality has become the mainstream international consensus.

$11.3 billion in one day! Musk's wealth fell to $290.7 billion, but he remains the world's richest man

The market prospect of new energy vehicles is very broad, and it is expected to enter a new explosive growth space in the next few years. This will be a great positive for Tesla. As long as there is no major misalignment, its stock price will continue to climb, and Musk's wealth will naturally still rise.

The change of the world's richest man stems from the "shift in the focus of capital chasing"

Nansheng has always held the view that the wealth owned by these rich people is both real and virtual. Needless to say, the "real" part mainly refers to "their wealth comes from the price of the company's stock held in their hands", which depends on factors such as profit and development.

On the other hand, it depends on the chase of the market and capital. Remember Jeff Bezos, the head of Amazon, the top e-commerce company in the United States and even the world, the leader of the emerging economy, and once the favorite object of capital.

$11.3 billion in one day! Musk's wealth fell to $290.7 billion, but he remains the world's richest man

In recent years, the pace of global e-commerce has "remained high, but dwarfed by previous years." Instead, it is new energy, which has become a new "potential track, a popular track", and its broad market prospects have been affirmed and chased by the market and capital.

As a result, Tesla's stock price soared, and Musk's wealth surpassed jeff Bezos , the world's richest man transformed from "a leader in e-commerce" to a "leader in new energy". The essence of this change stems from the "shift in the focus of capital's pursuit." This article is organized and written by [Nansheng], please do not reprint or plagiarize without authorization!

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