Elon Musk’s Net Worth: The total assets of the world’s richest man and Tesla CEO Alan Musk have declined. This is the first time in the last two months when Alan Musk’s total assets have come under the figure of $ 400 billion. The reason behind this is a double -point decline in the share prices of Electric Vehicle maker Tesla.
The company has a decline of 27 percent in the stock, which has also affected the total assets of the world’s richest person, as more than 60 percent of the total assets of Elon Musk are through the company’s shares and options.
Musk’s property increased after Trump’s election
According to the Bloomberg Billionaires Index, billionaire Alan Musk’s assets reached $ 486.4 billion after the election of Donald Trump, as Tesla’s stock reached its highest level in mid -December 2024.
Tesla’s shares decline
Tesla’s shares have fallen by 11 percent due to a decline in monthly sales, which is the worst since the beginning of October. According to the sales report, Tesla’s delivery in Germany reached the lowest level of 59 percent. At the same time, sales in China have fallen by 11.5 percent compared to the last one year.
Alan Musk is not on Tesla
Since the swearing in of Donald Trump, Elon Musk has been focusing most of his attention in Washington as DOGE chief. Alan Musk aims to reduce additional government expenses in the trump administration of America. However, investors are expected that the Donald Trump administration can change Tesla by changing the tax subsidy of electric vehicles. But, nothing like this has been seen yet.
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