Elon Musk’s Internet Price Has Dropped Extra Than $100B | International Market Information
Tesla CEO Elon Musk has seen his web value tank by round $102 billion within the final couple of months, principally as a consequence of Tesla’s share price dropping round 35% this 12 months (from round $404 to $263). The company’s market worth has dropped by nearly $400 billion, and about 60% of Musk’s wealth is from Tesla shares and choices.U.S. gross sales of Tesla automobiles dropped 16% within the U.S. in December 2024 and January 2025, in keeping with Cox Automotive, whereas gross sales in China fell 29% during January and February, per CNN.Musk remains to be the richest particular person within the world, although, with a web value of $330 billion, in keeping with Bloomberg. And a few analysts are optimistic that Tesla will flip round regardless of its huge drop in worth.”While the DOGE/Trump Musk iron-clad partnership has created major brand worries for Tesla … we estimate less than 5% of Tesla sales globally are at risk from these issues,” Wedbush analyst Dan Ives mentioned in a notice on Friday, per Barron’s. “We expect Musk will better balance his time between DOGE and Tesla/SpaceX over the course of 2025.”Amazon founder Jeff Bezos and Meta CEO Mark Zuckerberg are at present tied for the No. 2 spot with $222 billion every. (It is value noting the tie is because of Bezos’s wealth being down $16 billion year-to-date and Zuckerberg’s up $14 billion.)Associated: Wish to Work for DOGE? Elon Musk Is On the lookout for ‘Tremendous Excessive-IQ’ Hires — However There’s a Catch
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