OREANDA-NEWS. The fortune of the founder of SpaceX and Tesla, Ilon Mask, grew by $ 2 billion over the week and reached $ 22.9 billion, Forbes calculated. This happened after Tesla reported a profit statement in the third quarter of 2019.

On October 23, after the market closed, an electric vehicle manufacturer announced it had earned $ 1.86 per share. At the same time, analysts expected the company to incur losses - 42 cents per share. Tesla adjusted profit was $ 342 million. The company's revenue was $ 6.35 billion, which is 8% lower than in the third quarter of last year.

Over the next week after the report, the company's shares grew by almost 24%, thereby increasing the status of Mask, which owns 22% of Tesla. He also owns a stake in SpaceX worth approximately $ 12.5 billion.

Musk, commenting on the results of Tesla, said that the company is ahead of schedule in working on a compact SUV Model Y. It's expected that it will be on sale in the summer of 2020. It's expected that it will go on sale in the summer of 2020. Musk also mentioned the new Smart Summon feature, which allows Tesla cars to navigate their car parks on their own and find their way to the owner if they use the app to indicate their destination within 200 feet (about 60 m) of the car.