Jakarta –
Elon Musk he just made a bad record. The Bloomberg Billionaires Index noted that she lost property the largest in history, US$200 billion or more than IDR 3.1 trillion. What caused it?
Currently, his wealth is only $137 billion, missing half of his heyday. He is no longer the richest man beaten by French fashion mogul Bernard Arnault.
Elon Musk’s wealth is closely related to his share ownership in the companies he controls, most notably Tesla. Had skyrocketed, Tesla’s stock fell sharply. Last year, shares of the electric car company fell 65%. At its peak in October 2021, Tesla’s market cap was over $1 trillion, now it’s just $385 billion.
As mentioned detikINET from The Verge, many things contributed to the crash in Tesla stock. From the loss of momentum in the Chinese market, to the failure of Autopilot software, investors are worried Elon Musk engaged on Twitter until the postponement of flagship products such as the Cybertruck.
“Tesla has been threatened across all sectors,” said Dan Ives, an analyst at Wedbush Securities. He still believes Tesla’s stock will rise in the long run, but has criticized the Twitter buy for splitting Elon Musk’s concentration.
“At a time when Tesla has to discount prices and inventories are starting to pile up in the face of a global recession, Elon Musk is seen sleeping in the perspective of a leader for Tesla at a time when investors need the CEO to navigate this massive storm,” Ives added.
Elon Musk he himself sent emails to Tesla employees to ignore the stock market frenzy. However, it is clear that Tesla is facing a major problem, not to mention that this year rivals such as Volkswagen, Hyundai, Kia and Mercedes are ready to present tough opponents in the electric car arena.
Watch a video “Elon Musk becomes the first person to lose $200 million in history“
[Gambas:Video 20detik]
(fyk/fay)
