Musk has expanded his lead over other previous richest person titles as well, and is now $77.4 billion more than the world’s second-richest person Jeff Bezos, according to Forbes’ list.
Elon Musk’s fortune reaches $274.4 billion, while Bezos’ fortune amounted to $197 billion.
On Monday, Teslas market cap crossed the $1 trillion market cap, joining the ranks of companies including Apple, Microsoft and Amazon.
Teslas market capitalization has also risen to many times that of Toyota.
Musk celebrated the achievement on Twitter, tweeting “Wild $T1mes!” To 61.4 million followers.
Tesla reported its longest winning streak in its 18-year history, with nine consecutive quarters of profit following last week’s earnings report, in which the automaker delivered 241.3 thousand vehicles in the period ending September 30.
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