See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Elon Musk Has Lost $100 Billion In 2022 So Far As Tesla Stock Plunges

Posted on AllSides November 23rd, 2022
From The Center
Theo Wargo/WireImage

Elon Musk has a lost $101 billion in 2022 so far as Tesla share price plunged amid a rough broader stock market and a self-induced Tesla selloff to fund his $44 billion acquisition of Twitter.

Musk’s net worth has dropped from $271 billion at the end of 2021 to $170 billion as of today (Nov. 22), according Bloomberg Billionaires List. He is still the world’s wealthiest person, but his fortune has halved from its peak of $340 billion just a year ago.

About a third of Musk’s fortune is tied to Tesla. The...

Read full story

AllSides Picks

https://observer.com/2022/11/elon-musk-net-worth-fall-tesla-stock-twitter-acquisition/

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right