September 2nd, according tomedia reports, after the first day of the stock split, Tesla’s share price, on Tuesday failed to continue the upward momentum, fell more than 4%, the market value has also been significantly reduced. At the close of trading on Tuesday, Tesla was trading at $475.05, down $23.27, or 4.67 percent, from $498.32 at the previous session’s close. Tesla’s market value also fell sharply after the stock price fell. At Tuesday’s close, Tesla’s market value was $442.656 billion, down $21.683 billion from Monday’s close of $464.339 billion.
Tesla’s market capitalisation on Tuesday also surpassed that of many of its richest people, with just 61 people on the current Forbes real-time rich list of more than $21.7 billion.
Wang Xing is on the Forbes Real-Time Rich List.
Wang Xing, the founder and CEO of American Group, is ranked 64th on the Forbes Real-Time Rich List with a $20.7 billion wealth, $983 million less than Tesla’s market capitalization on Tuesday.