Elon Musk’s Wealth Takes a Hit: $22.2 Billion Loss in One Day!
In a stunning turn of events, Elon Musk’s net worth plummeted by a staggering $22.2 billion in just a single day, leaving him with an estimated $364.3 billion. The drastic drop comes as Tesla, which makes up over half of his fortune, faces tough times in Europe. January saw Tesla's European sales tumble by nearly 50%, causing its shares to fall by 8.4%. As a result, Tesla's market value slipped below the $1 trillion mark for the first time since November 7, marking a major setback for both Musk and the company. With such sharp declines, the question on everyone’s mind is: What’s next for the tech mogul
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Elon Musk’s Wealth Takes a Hit: $22.2 Billion Loss in One Day!
In a stunning turn of events, Elon Musk’s net worth plummeted by a staggering $22.2 billion in just a single day, leaving him with an estimated $364.3 billion. The drastic drop comes as Tesla, which makes up over half of his fortune, faces tough times in Europe. January saw Tesla's European sales tumble by nearly 50%, causing its shares to fall by 8.4%.
As a result, Tesla's market value slipped below the $1 trillion mark for the first time since November 7, marking a major setback for both Musk and the company. With such sharp declines, the question on everyone’s mind is: What’s next for the tech mogul