(WGHP) — The Tesla company’s market cap passed $1 trillion, and CEO Elon Musk is close to having a net worth of $300 billion, according to CNN.
ExxonMobil, one of Musk’s biggest rivals, has a market value of $272 billion.
Musk’s net worth was $289 billion, the Bloomberg Billionaires Index reports, as of Monday’s close which surpassed ExxonMobil’s market value.
Musk is also worth more than both Mark Zuckerberg ($123 billion) and Bill Gates ($134 billion) combined.
Tesla shares rose over 12% on Monday when Hertz ordered a record 100,000 Teslas for its fleet.
The large one-day gain put Tesla over the $1 trillion mark.