Elon Musk’s Fortune Drops to $137 Billion After Tesla’s Shares Started Falling Last Week, Reports Bloomberg.
The billionaire’s wealth peaked on November 4, 2021, when he reached $340 billion, and he held the title of richest man in the world until surpassed in December Bernard Arnault france iparmágnas.
Now that other electric cars are starting to catch up on the market, Tesla’s dominance is in jeopardy. However, Elon Musk has recently been more interested in Twitter, which he bought for $44 billion bought at the end of October.
The value of Tesla shares has fallen by 65% in 2022. Meanwhile, Elon Musk has continually denied negative news about the company. In a Dec. 16 Twitter post, he wrote that Tesla is doing better than ever.
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