Tesla CEO Elon Musk became the seventh-wealthiest person in the world on Monday, surpassing billionaire hedge fund investor Warren Buffet.
Musk’s net worth rose over $6 billion in one day on the tide of Tesla’s stock price, which jumped in morning trading and hit a new high later in the day when up 14% from its Friday closing. The electric car company later lost all its gains and then some, ending the day down 3%, according to Investor’s Business Daily.
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