The founder of Tesla, who had judged the coronavirus panic “stupid”, saw his fortune shrink by 18% in a week due to the pandemic, according to Forbes.
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The American entrepreneur Elon Musk, who had described the panic around the coronavirus as “stupid”, lost in a week more than 5.5 billion dollars (nearly 5 billion euros), or 18% of his fortune, Forbes reported on March 14.
The shares of Tesla, founded by Mr. Musk, fell 22% on March 12 amid the collapse of the American markets, the largest since 1987.
Elon Musk’s fortune is currently estimated at $ 31.1 billion (nearly € 28 billion), ranking him 26th among the wealthiest men on the planet according to Forbes.
He didn’t care
The founder of SpaceX and CEO of Tesla denounced the general unrest in the face of the coronavirus pandemic on his Twitter account on March 6. He reacted to reports of the spread of Covid-19 in the United States. The state of California, where Tesla’s headquarters are located, has declared a state of emergency against the virus.
The coronavirus panic is dumb
– Elon Musk (@elonmusk) March 6, 2020
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According to the latest report, more than 3,000 people are infected in the United States, and 60 have died. Donald Trump declared a state of national emergency on March 13. He also donated a three-month salary to the Ministry of Health to help fight the virus.
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