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Thursday

27-03-2025 Vol 19

Elon Musk’s net worth down to $ 43 billion this month as the Tesla share dips

Topline

Tesla Stock’s steep loss in early 2025 has cut tens of thousands of billions of dollars away from the net worth of the world’s richest man, the electric vehicle producer’s CEO Elon Musk, whose pronounced role in President Donald Trump’s administration asks questions about what it might mean for Tesla.

Key facts

Shares in Tesla fell 6.3% to $ 328.50 in Tuesday trading and closed at its lowest stock price since November 15.

Catalyze Tuesday’s drop was Progress In autonomous driving from his Chinese EV -Rival BYD and a skeptical note from Oppenheimer analysts led by Colin Rusch, who warns Musk’s “Political activity risks of consumers’ setbacks.”

Oppenheimer -note, referring to “About” January -Sales in China and Europe, comes a day after Stifel analysts led by Stephen Gengaro similarly warned “The negative downturn in consumers’ perception of Elon Musk could result in one” ” Headwind for sale “for Tesla,” which inspired a 3% loss in Monday trade for Tesla shares.

The Tesla share is now down by 18.8%, or more than $ 76 per day. Stock, in February, which falls nearly 32% from its all-time closure of $ 479.86 seen 17 December.

No one has been affected more on a rough basis of the Tesla downfall than its largest shareholder, Musk, which owns nearly 13% of the business and another 9% Equity Award pending legal appeal (Forbes Discounts Musk’s 9% Bonus by 50% in his valuation to reflect its legal uncertainty).

Musk was worth $ 378.8 billion billion.

Big number

$ 12.5 billion. That’s how much Musk’s fortune fell during Tuesday’s Tesla reduction when the 53-year-old recorded its lowest end-day net worth since December 10.

Crucial quote

Oppenheimer analysts wrote that they believe that “Musk’s political activity has fans in certain circles, but that his public life risks alienating consumers and employees when the Trump administration tests the boundaries of its power.”

Key background

Musk’s more than $ 150 billion estimated Tesla share is the largest contributor to his net worth, while his efforts in his private multi-billion dollars companies Spacex, X and Xai make up a majority of the rest of his wealth. The Tesla share has still risen by approx. 30% since election day, although the original rally has lost Steam when the company’s earnings in the 4th quarter fell under Wall Street Consensus forecasts and its car sales in Europe and China dropped. After donation almost $ 290 million against Trump and other GOP causes ahead of the 2024 election, Musk has played a critical role in the opening weeks of Trump’s second period, especially on the way to the Doge Agency aimed at withdrawing the federal government’s footprint.

Key

Musk submitted a bid of $ 97.4 billion on Monday to buy the nonprofit arm from Openai, a competitor to his generative artificial intelligence, led by Rival Sam Altman. Musk’s offer is “a distraction from TSLA’s challenges,” Rusch wrote. Musk and Altman Cofounded Openai in 2015 before one messy collapse over the company’s mission.

Additional reading

ForbesTesla faces protests, vandalism and boycott threats over Musk’s Maga-Doge Rampage

ForbesElon Musk’s appalling public view constitutes Tesla -Sales Hearing, says analyst
ForbesElon Musk is the biggest loser from Trump’s tariffs so far

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