The richest people in the world continue to lose billions of dollars. Tesla CEO Elon Musk The political tweet shared the other day by $12 billion worth of wealth caused it to melt. Musk has lost $49 billion since the Twitter buyout offer.
Twitter didn’t work: Musk’s political tweet cost $12 billion
SpaceX and Tesla CEO said in new tweets that he has changed his political view and will now vote for a different party. Also for its ‘political attacks’ will increase Believing Musk could not prevent Tesla shares from falling. The daily drop in Tesla shares also caused Musk to lose $12.3 billion.
‘Political attack’ statement from Elon Musk that will shake the agenda
Elon Musk has scrambled Twitter, claiming he will experience political attacks. To whom did Musk make his political criticisms? Here are the details.
The drop in Tesla shares There are several different reasons. The first has some investors worried about how Musk will finance his bid for the Twitter buyout. Another is due to Musk’s harsh criticism of US politicians. Musk has said in the past month that Tesla shares have slumped to the lowest level this year. $49 billion lost.
According to the Bloomberg Billionaires Index $209.9 billion fortune Tesla CEO is still by far the richest person in the world. Although it lost 60.4 billion dollars in 2022, it should not be ignored that the other names on the list are experiencing more losses.
For example, Binance CEO Changpeng Zhao $81 billion; Amazon founder Jeff Bezos lost $62 billion. Still, Elon Musk’s net worth has dropped considerably from the $340 billion peak he reached in November 2021.
Although the 50-year-old billionaire has suffered great losses in his fortune in recent months, it is possible to say that Tesla still had a successful quarter. Earnings, which were 117 billion dollars in January 2020, reached up to 1 trillion dollars in October 2021 with the effect of the pandemic. Moreover Tesla’s market value is $735 billion around.
So what do you think about this subject? Do not forget to share your views with us in the comments section.