Elon Musk looked emotional after being asked about his other businesses in a recent interview with Fox Business following the biggest drop in Tesla stock since 2020.
He might be the richest man in the world, but if Elon Musk keeps losing money at the rate he is, it might not be that way for much longer. Although Forbes’ live billionaire list puts Musk at over $100 billion richer than Jeff Bezos in second place, his net worth has tumbled ever since President Donald Trump stepped into the White House.
While Trump’s victory over Kamala Harris saw the world’s richest get richer, it seems it was only a temporary boost for Mr. Musk.
By embedding himself in the White House and taking a new role as the head of the Department of Government Efficiency, Musk has become more divisive than ever. Crashing Tesla stocks have led to Musk being $116 billion poorer than his peak wealth, with concerns about what happens next.
