Tesla shares fall 7%, $68 billion market cap lost in single day — Elon Musk’s net worth drops by THIS amount
CEO Elon Musk announced that he started a political party by entering the depths of an area that influenced his business and shared his stock on Monday on Monday.
Tesla stock price, the announcement of Musk, the US President Donald Trump, with the fall of sales and a political search for a political search for a concern for the search for a political fell to $ 293.94. Investors are now concerned that Musk’s political ambition can get him further away from his role in Tesla.
The steep drop points to Tesla one of the worst one -day performances this year.
Musk introduced President Donald Trump to the weekend after a public opinion dispute on tax segment and expenditure invoice. Trump once called a musk ally, the last idea “ridiculous”.
$ 68 billion market value has gone
The upright decline caused Tesla to lose more than $ 68 billion in a market value on Monday.
Musk’s last move makes questions about the movement of the Council of the Home Company. In May, his chair Robyn Denholm rejected a Wall Street Journal report that says that members of the board of directors want to replace Tesla CEO.
According to a report of Reuters, if the current losses continue, the company will lose more than $ 80 billion market valuation.
Tesla stock price, CEO of the CEO more time in politics, Tesla’nın stood with car buyers fell 27 percent this year.
“The company will lose more than 80 billion dollars in market valuation if the current losses persist.
Elon Musk’s Net Value Sinks
The route, which Tesla shares witnessed on Monday, also affected the net value of Elon Musk.
The billionaire, the richest person in the world, lost $ 15.3 billion on a single day on July 7.
According to the Bloomberg billionaire index, the current net value of Elon Musk is $ 346 billion.
At the beginning of June, Trump threatened to reduce billions of dollars of subsidies of the blood feuds of the Musk companies after a completely social media fight and deleted Tesla’s market value $ 150 billion.
(With inputs from Reuters)
