Tesla CEO Elon Musk has seen his net worth tank by around $102 billion in the last couple of months, mostly due to Tesla’s share price dropping around 35% this year (from around $404 to $263). The company’s market value has dropped by almost $400 billion, and about 60% of Musk’s wealth is from Tesla shares and options.
U.S. sales of Tesla vehicles dropped 16% in the U.S. in December 2024 and January 2025, according to Cox Automotive, while sales in China fell 29% during January and February, per CNN.
Musk is still the richest person in the world, though, with a net worth of $330 billion, according to Bloomberg. And
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