Click it and Unblock the Notifications
Latest News
-
Top 10 Used Bikes to Kickstart Your Riding Journey -
Suzuki Swift Hatchback Scores 4 Star Safety Rating At JNCAP – ADAS, New Engine & More -
Porsche Introduces Macan EV In India, Expanding Electric Portfolio -
Tata Motors To Manufacture Jaguar Land Rover Cars In Billion Dollar TN Plant - Report -
Ford Territory SUV Name Trademarked – Likely To Be Positioned Below The Everest SUV -
Jawa Yezdi Expands Mega Service Camps To 32 New Cities, Focusing On Tier-II And Tier-III Regions -
Sany India Introduces SKT105E: An Electric Dump Truck -
Force Gurkha 5-Door SUV – New Features, Dual Tone Interiors & More -
Hyundai Verna Tops Sales Chart In India's Mid-Size Sedan Segment -
India's Elections Trigger Airfare Surge in Tamil Nadu
Elon Musk, Head Of Tesla Becomes CEO Of A Fortune 500 Company
Elon Musk is now part of the Fortune 500 company list and Musk now heads a Fortune 500 company.
Elon Musk, the head of Tesla has now become the CEO of a Fortune 500 company as the American firm is now part of the Fortune 500 list of the nation's largest companies.
The list ranks companies based on their revenue and Tesla had recorded $7 billion in 2016.
Sales had risen 73 percent from the past years, owing to Tesla's acquisition of solar panel company SolarCity. Most of the sales though were boosted with the help of electric car sales, the majority coming from the Model X.
Sales are expected to grow, as Musk informed Tesla's shareholders at the company's annual meeting that the firm is on track to start production of the company's first mass market vehicle, the Model 3.
Tesla's stock price has already made the company one of America's largest firms and has already surpassed Ford and GM to become one of US' most valuable carmaker regarding market capitalisation.
