Elon Musk's Net Worth Drops $20 Billion in a Day

Is Elon Musk to blame for Tesla's struggles? Experts weigh in

Tesla's profits plunged 16% over a three-month stretch ending in June. Analysts discuss CEO Elon Musk's role in this dip.

Elon Musk's Net Worth Drops $20 Billion in a Day

Tesla Inc. (NASDAQ: TSLA) may be only one part of Elon Musk’s company portfolio, but a bad day for the electric vehicle (EV) leader is enough to bring his net worth down. Tesla announced poor second-quarter earnings, and the stock fell 8%. Musk’s net worth dropped by $19.5 billion, according to the Bloomberg Billionaires Index. 24/7 Wall St. Key Points: Tesla Inc. (NASDAQ: TSLA) announced poor second-quarter earnings and the stock tumbled. El…

Elon Musk’s net worth drops $12B, Tesla shares suffer substantial loss

Instagram According to a Forbes article published today (July 24), the world’s richest person has suffered a substantial loss. Elon Musk’s net worth has taken a twelve billion dollar hit since Tesla’s shares nosedived. The South Africa-born entrepreneur hasn’t addressed the news about his loss yet, but based on recent history, we are sure others will have plenty to say about his financial loss. Stay tuned and share this information with a friend.