Elon Musk’s Fortune Jumps Over $5 Billion After Tesla’s Quarterly Vehicle Deliveries Top Expectations

Elon Musk Visits Germany — Tesla reported that it had delivered nearly 185,000 vehicles in the first quarter of 2021, a new … [+] record for the high-flying electric vehicle-maker.

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Tesla’s

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billionaire CEO and cofounder, Elon Musk, saw his fortune jump again on Monday after his electric car company reported a record number of vehicle deliveries in the first quarter of 2021.

Shares of Tesla rose nearly 5% as of 1:30 p.m. EDT, pushing Musk’s net worth up by $5.6 billion, to $169.5 billion, according to Forbes’ estimates. He remains the second-richest person on the planet, behind only Amazon

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CEO Jeff Bezos, who has a net worth of $188.1 billion.

Tesla’s stock started off Monday with a bang—rising as much as 7%, before paring back gains somewhat—as investors cheered the company’s record-beating quarter. The electric vehicle maker announced late last Friday that it had delivered 184,800 cars in the first…

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