Elon Musk adds $2.3 billion to his fortune in 60 minutes
Elon Musk’s fortune swelled by $2.3 billion in the span of an hour Wednesday after shares of Tesla Inc. soared in extended trading on stronger-than-expected fourth-quarter earnings and an accelerated timetable for the new Model Y crossover SUV, Bloomberg reports.
The electric-vehicle maker’s stock, which closed at $580.99, surged 12% to $649 at 5:16 p.m. in New York, boosting the chief executive officer’s net worth to about $36 billion, according to the Bloomberg Billionaires Index.
Musk, 48, owns about a fifth of Tesla’s outstanding stock, which comprises the bulk of his fortune. His majority ownership of closely held Space Exploration Technologies Corp. accounts for about $14.6 billion.
Tesla’s shares have been on a roll since October, when the company posted a surprise third-quarter profit.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
Newsfeed
17:00
Armenia's ruling faction could discussion MP's removal
The parliamentary faction of Armenia’s ruling Civil Contract party plans to meet on Friday evening.
Citing some reports, News.am said...
Source Panorama.am
16:34
Israel warns Lebanese citizens not to return to 60 villages
The Israeli military has warned Lebanese citizens not to return to 60 villages in the south of the country, three days into a ceasefire after...
Source Panorama.am
16:16
Artsakh people cautious about Armenian citizenship, ombudsman says
The displaced Artsakh Armenians are in no rush to apply for Armenian citizenship for objective and subjective reasons, Artsakh’s Human...
Source Panorama.am
15:36
Russia works on transforming 3+3 platform into organization, senior diplomat says
Russia is working on transforming the 3+3 platform on the South Caucasus into a full-fledged organization, TASS quoted Deputy Foreign...
Source Panorama.am
15:06
Russia committed to all agreements with Armenia, official says
Russia is committed to all agreements with Armenia, both bilaterally and within the EAEU, Russian Deputy Foreign Minister Mikhail Galuzin...
Source Panorama.am
14:35
30,000 Azerbaijanis resettled in occupied Artsakh
Azerbaijan's government has already settled about 30,000 people in the occupied Republic of Artsakh (Nagorno-Karabakh)....
Source Panorama.am
14:19
No Armenian citizens among victims of Aleppo clashes
No Armenian citizens have been identified among the victims of Aleppo clashes, Armenian Foreign Ministry spokeswoman Ani Badalyan told 1lurer.am...
Source Panorama.am
13:46
Armenian, Azeri deputy PMs meet briefly in Moscow
Armenian Deputy Prime Minister Mher Grigoryan had a brief exchange with Azerbaijan's First Deputy Prime Minister Yagub Eyyubov in Moscow....
Source Panorama.am
13:19
Ameriabank named Armenia's best bank for real estate by Euromoney
Ameriabank has been recognized as Armenia’s best bank for real estate by an international financial publication Euromoney, becoming the...
Source Panorama.am
13:15
Four killed in attack on Aleppo university dorms
Four civilians including two students were killed on Friday in the Syrian city of Aleppo in insurgent shelling of university student...
Source Panorama.am
13:06
'A dream come true': Juliana Grigoryan joins Andrea Bocelli at Poland concert
Operalia 2022 first prize winner Juliana Grigoryan has shared a stage with world-famous Italian tenor Andrea Bocelli in Kraków, Poland....
Source Panorama.am
12:34
Drivers warned about closed roads in Armenia
The Rescue Service has warned drivers about closed roads and difficult driving conditions in Armenia on Friday morning.
In particular,...
Source Panorama.am
11:57
Spain busts drug smugglers using Ukrainian drones
Spanish police on Thursday said they had broken up a criminal network that used Ukrainian-made drones to fly hashish from Morocco to Spain,...
Source Panorama.am
11:30
'I hate cancer': Alexis Ohanian undergoes preventative surgery
Serena Williams' husband Alexis Ohanian revealed he recently underwent surgery to remove 'suspicious nodules' in his thyroid that...
Source Panorama.am
11:15
FIFA unveils nominees for The Best Player 2024
FIFA has unveiled the shortlist for The Best FIFA Men’s Player 2024, recognising the exceptional talents that illuminated football this...
Source Panorama.am
11:00
Stepantsminda-Larsi road closed to all vehicles
The Stepantsminda-Larsi highway connecting Armenia and Russia via Georgia is closed to all vehicles as of Friday morning, the Armenian Interior...
Source Panorama.am
17:06
Drivers not using winter tires will face fines in Armenia
The Armenian government decided to ban the use of passenger cars and cargo vehicles weighing up to 3.5 tons from November 15 to March 31 if...
Source Panorama.am
16:36
Kocharyan expresses doubts about judicial independence in Armenia
Second Armenian President Robert Kocharyan expressed doubts about the independence of Armenia's judiciary after Supreme Judicial...
Source Panorama.am
16:04
Israel-Hezbollah ceasefire unlikely to last long, expert says
The US-France-brokered ceasefire agreement between Israel and Lebanon's Hezbollah is unlikely to last long as the underlying sources of the...
Source Panorama.am
15:30
Seoul blanketed by heaviest November snow in 100 years
Seoul has recorded its heaviest November snowfall since records began over a century ago in 1907, BBC News reported.
The South Korean...
Source Panorama.am
15:15
Belarusian leader comments on Armenia's absence from CSTO summit
Belarusian President Aleksandr Lukashenko commented on the absence of Armenia as he addressed a meeting of the CSTO Collective Security Council...
Source Panorama.am
14:57
Armenia’s SJC fails to elect new chairman
Armenia's Supreme Judicial Council (SJC) failed to elect a new chairman at its meeting on Thursday.
The judicial oversight body said in...
Source Panorama.am
14:35
Baku summons Polish diplomat over Duda’s visit to Armenian-Azeri border
Polish Charge d'Affaires Michal Greczylo on Thursday was summoned to the Azerbaijani Foreign Ministry.
The ministry raised protest...
Source Panorama.am
14:00
Global coalition backs Artsakh Armenians' right to return home
A broad-based global coalition of faith-based and civil society organizations are endorsing a public call to establish an international...
Source Panorama.am
13:35
More snow expected in Armenia on Thursday
More rain or snow is forecast for some parts of Armenia on Thursday.
The upper parts of the capital Yerevan are also likely to see wet snow...
Source Panorama.am
13:05
Armenian government approves 2.44 billion drams to co-finance community programs
The Armenian government has approved the allocation of around 2.44 billion drams to co-finance programs in Armenia's provinces.
The...
Source Panorama.am
12:36
Developments around Gyumri municipal council decisive, expert says
The ongoing developments surrounding the Gyumri City Council play a pivotal role, political analyst Stepan Danielyan claims.
His comments...
Source Panorama.am
12:00
Holy Lance to be brought out on November 30
The Armenian Apostolic Church will celebrate the Feast of the Apostles St. Thaddeus and St. Bartholomew on 30 November this year, the...
Source Panorama.am
11:30
Armenia's Sofia Baghramyan wins World Cadet Chess Solving Championship
The World Cadet Chess Solving Championship was held in Montesilvano, Italy, on the sidelines of the World Cadet Chess Championship 2024....
Source Panorama.am
11:15
Armenian, U.S. envoys meet in Washington
Armenian Ambassador to the U.S. Lilit Makunts on Wednesday had a meeting with U.S. Ambassador to Armenia Kristina Kvien at the...
Source Panorama.am
Videos
17:32 20/02/2023
Artur Vanetsyan: I think you'll see me more often at various events in future
17:35 20/02/2023
Armenian expert: U.S. stance on Karabakh remains unchanged
13:59 09/02/2023
Premature births increase in Artsakh due to stress
12:43 09/01/2023
Snow-covered Yerevan
15:41 15/12/2022
Gegham Stepanyan calls for sanctions against criminal Azerbaijan
11:45 29/11/2022
Memorial plaque honoring Yeghishe Charents inaugurated in Yerevan
