Elon Musk's $40 Billion Net Worth Decrease & Tesla Share Plunge in 2024

Saturday, 9 March 2024, 10:20
Tech magnate Elon Musk experienced a significant decline, with his net worth decreasing by $40 billion in 2024. Additionally, Tesla shares plummeted by 29% during this period. This substantial loss marks a notable event in the financial world, impacting both Musk's wealth and Tesla's stock performance.
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Elon Musk's $40 Billion Net Worth Decrease & Tesla Share Plunge in 2024

Elon Musk's Financial Decline in 2024

Tech billionaire Elon Musk has encountered a substantial decrease in his net worth, amounting to $40 billion during the year, making it the most significant drop among the top 10 richest individuals worldwide.

Tesla Stock Plunge

Simultaneously, Tesla shares experienced a sharp decline of 29%, reflecting the challenges faced by Musk's company in the market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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