Tesla chief executive ElonMusk is the first person in history to lose $200 billion from his net worth—from $340 billion in November 2021 to $137 billion in the past weeks. | via philstarlife
As its shares plummeted to 65% in 2022,
Musk’s Tesla is no longer his biggest asset."Musk’s stake in his closely held Space Exploration Technologies Corp., at $44.8 billion, exceeds his approximately $44 billion position in Tesla stock ," Bloomberg reported, adding that a recent filing showed that the businessman now owns 42.2% of SpaceX. In a December tweet, Musk noted that Tesla"is executing better than ever" as he shut down concerns about his company.That is the real problem here.Bloomberg said that as the pressure on Tesla continues to intensify, Musk has been"preoccupied with Twitter."
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