Elon Musk, the CEO of Tesla, saw billions shaved off his net worth Thursday, according to Bloomberg. The reported drop in the value of his person...
The reported drop in the value of his personal fortune came as investors reacted to the financial results put out Wednesday evening by the electric vehicle and clean energy company for its third quarter. His net worth, however, remains the world’s highest by the outlet and Forbes’ respective measures.
Bloomberg reported late Thursday morning that the drop in Musk’s net worth amounted to $15.9 billion, making the Tesla CEO worth an estimated $209.8 billion.The $8 billion Sam Bankman-Fried criminal trial starts today — here’s what’s at stake and how we got here Wall Street analysts expect the S&P 500 to rise 19% over the next 12 months. Here are their 10 favorite stocks.
Judge at Trump’s NY civil fraud trial slams hand on bench, loses his cool during testimony: ‘This is ridiculous!’
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla CEO Elon Musk reportedly sheds billions from net worthTesla CEO Elon Musk saw billions shaved off his net worth Thursday, according to Bloomberg, as investors reacted to the company's latest quarterly results.
Read more »
Tesla CEO Elon Musk reportedly sheds billions from net worthTesla CEO Elon Musk saw billions shaved off his net worth Thursday, according to Bloomberg, as investors reacted to the company's latest quarterly results.
Read more »
Jeff Bezos' net worth reportedly surpasses Bernard Arnault'sTesla CEO Elon Musk remains the richest, according to Bloomberg.
Read more »
Elon Musk calls out Lucid, Tesla’s most prominent U.S. electric vehicle rivalTesla will report third-quarter earnings after the bell Wednesday.
Read more »
Tesla's Cybertruck has Elon Musk sounding unusually cautiousTesla CEO tempers expectations, cites ‘enormous challenges’ in reaching volume production and making the Cybertruck cash-flow positive
Read more »
Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factoryTesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory
Read more »