NEW YORK — Elon Musk has been named the wealthiest person in history, with an estimated net worth of $839 billion (KSh 108.44 trillion), according to Forbes’ latest report released Tuesday. The announcement comes as a record 3,428 billionaires worldwide saw their combined wealth reach $20.1 trillion, marking an unprecedented…
A Delaware appeals court has ruled in favor of Tesla chief executive Elon Musk, clearing the way for him to receive a long-disputed compensation package valued at approximately $56 billion and bringing a major legal battle closer to resolution. In a decision issued on Friday, the Delaware Supreme Court overturned…
Tesla has officially introduced its new lower-priced Model 3 variant to the European market, marking a strategic move to stimulate sales amid rising competition and a noticeable downturn in demand. The launch comes two months after the vehicle’s debut in the United States, where it has been positioned as an…
Tesla CEO Elon Musk has reached a historic milestone, becoming the first individual in history to achieve a net worth of more than $500 billion (Ksh65 trillion). According to the Forbes billionaires index, Musk’s wealth briefly peaked at $500.1 billion on Wednesday afternoon in New York before easing slightly to…