Elon Musk Loses $27 Billion on Monday
The Tesla Inc Chief Executive officer Elon Musk loses $27 Billion since Monday as shares fell off. His $156.9 billion net worth is still holding him the second position. But the difference from the world's richest tag is now of $20 BILLION.
Tesla was roaring in terms of worth last year. It showed 743% in 2020, giving new heights to his stake. it also unlocked an obscene amount of money through his historic move of "moonshot".
His gains continued the next year. Moreover, in January he dethroned Jeff Bezos from world's richest tag. Musk's fortune lifted to $210 billion, according to the index, a ranking of the world's 500 wealthiest people.
Consistent quarterly profits, the election of President Joe Biden with his embrace of clean technologies and enthusiasm from retail investors fu...