Many predicted a correction after the sharp rise last year, and this week it has really come.
Tesla boss Elon Musk’s wallet has bled as a result, and earlier this week he lost the top spot on the list of the world’s richest men to Amazon founder Jeff Bezos.
According to the website The Spectator Index, Musk’s fortune has fallen by $ 40 billion, or $ 341 billion, in the last month.
Musk’s fortune underlines the wild rise of the Tesla share through 2020, when it rose wildly 743 percent, writes Bloomberg.
His fortune continued to increase through January, reaching a peak of nearly 1.8 trillion later that month. Despite the recent decline, however, Musk still has to salt in the porridge. He must be good for over 1,200 billion kroner.
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