Tesla hits $1 trillion in valuation, Elon Musk’s wealth surges by $36 billion in a day

US-based electric car maker Tesla hit a new record of $1 trillion in valuation for the first time ever...

...after spiking $900 billion in market capitalisation in a day.

After Facebook, Elon Musk’s company becomes the second-fastest company to hit this milestone valuation.

After Tesla’s valuation crossed $1 trillion, Elon Musk’s net worth...

...also leapfrogged to $289 billion in a single day, according to Bloomberg.

Tesla saw its share price growing over 13 percent on Monday,...

...which brought the auto maker’s market cap to hit $1 trillion for the first time.

A 100,000 vehicle order from Hertz to Tesla was one of the major key driving factors behind this milestone.

How much Musk actually gained in a day?

Musk saw his wealth increase by $36.2 billion in a single day, his overall net worth jumped to $289 billion from $252.4, according to Bloomberg.

Tesla’s market cap is way more than its rivals — General Motors ($83.9 billion) and Ford ($63.9 billion).

Elon Musk’s Tesla also clocked sales of 1 million cars this year so far,...

...which also led to the increase in his net worth.

Elon Musk also became the richest man in the world, surpassing Amazon’s Jeff Bezos.