Elon Musk's Tesla Reaches IDR 150 Trillion In 3 Months, 2 Times The Assets Of Chairul Tanjung Who Has Been In Business For 40 Years

Tesla CEO and Founder Elon R. Musk danced on center stage in a public expose. (Photo: By courtesy)

JAKARTA - Electric car manufacturer Tesla Inc. recorded sales growth of 74 percent year-on-year (YoY) to 10.4 billion US dollars or the equivalent of IDR 150.8 trillion (exchange rate of IDR 14,500) during the first quarter of 2021.

This positive performance cannot be separated from Tesla's ability to expand vehicle shipments to various parts of the world at the beginning of this year thanks to a more affordable price strategy through the Model 3 and Y.

Quoting a report released by Yahoo Finance, Tuesday, April 27, it was stated that the company owned by Elon Musk successfully distributed 184,800 units to various customers in just the first three months of 2021. As a result, Tesla's achievements were like anomalies when other electric vehicle manufacturers were quite depressed due to pandemic conditions.

Even in a letter to shareholders, Tesla's executive board is aiming for business growth of up to 50 percent this year. As a reminder, by 2020 Tesla can market up to 500,000 electric cars worldwide.

“Growth is faster than we previously thought. Our ability to keep up with this growth is how we can increase our production capacity, efficiency, and supply chain,” said Tesla in a recent report.

Chairul Tanjung's Asset

In order to compare the value of Tesla's sales in the first trimester of 2021, an analogy that can be used is the assets owned by the conglomerate Chairul Tanjung.

The boss of CT Corp was said by Forbes to have a wealth of no less than 4.8 billion US dollars or around IDR 70 trillion.

This means that sales of Tesla electric cars in three months amounting to IDR 150 trillion is equivalent to double the total assets of Chairul Tanjung that he collected during his 40 years of business activity. In fact, Chairul himself is listed as the 5th richest person in Indonesia

Therefore, don't be surprised if Tesla CEO and Founder Elon R. Musk often tops the list of the richest people in the whole earth. He often takes turns in the top position with Amazon CEO Jeff Bezos in the ranks of the richest human being in the world.

There's an interesting thing about a company led by Musk and Bezos: they both play in the realm of technology! So, welcome to the future that comes today.