Musk loses $120 billion! Net worth of world’s richest man takes a hit

Elon Musk has experienced a significant $120 billion drop in net worth due to Tesla’s declining share price and increased political scrutiny. Despite reduced consumer interest and emerging EV competition, Musk’s previous resilience suggests he may overcome these financial setbacks. However, his political role raises questions about his commitment to Tesla’s recovery.

​Elon Musk has experienced a significant $120 billion drop in net worth due to Tesla’s declining share price and increased political scrutiny. Despite reduced consumer interest and emerging EV competition, Musk’s previous resilience suggests he may overcome these financial setbacks. However, his political role raises questions about his commitment to Tesla’s recovery.