Elon Musk s Fortune Has Fallen By More Than $100 Billion In Less Than A Year Elon Musk - Tesla HEAD TOPICS
Elon Musk s Fortune Has Fallen By More Than $100 Billion In Less Than A Year
10/22/2022 7:30:00 AM Elon Musk lost more than $100 billion yet he remains the wealthiest person in the world
Elon Musk Tesla
Source Forbes
Elon Musk lost more than $100 billion , yet he remains the wealthiest person in the world. The euphoria over Tesla shares has faded amid concerns about Musk’s Twitter deal and some disappointment regarding the electric carmaker’s quarterly earnings. He also lost more than $100 billion.From its peak on November 4, 2021, Musk’s fortune has fallen nearly 35%, from $320.3 billion to $209.4 billion as of close of market Thursday–almost entirely due to a sharp drop in the price of Tesla stock. This month alone, Musk’s fortune is down $28 billion. In quarterly earnings reported on Wednesday, the electric carmaker’s revenue still of some analyst expectations. Add in worries about a possible recession, and investors are spooked.Farewell To $110 Billion In Eleven And A Half Months: Elon Musk’s Net Worth“He sells high-priced cars, so a recession will not be good for his business,” says Matt Maley, chief market strategist at Miller Tabak + Co., in an email. Read more:
Forbes » Elon Musk's Pending Purchase of Twitter Weighs Heavy on Tesla — But Should It? OpEd: Musk's Twitter Deal Is Impacting Tesla Heavily, But Should It Be? Elon Musk’s frisky earnings call touched on the Cybertruck, Twitter, and the future of Tesla Elon Musk says Tesla can surpass combined value of Apple and Aramco President Biden calls for not intimidating anyone who is at the polls in exclusive interview
President Joe Biden discusses the Jan. 6 committee subpoenaing Donald Trump regarding the Capitol insurrection, and calls out 'mega MAGA' Republicans who “think that it's all right to threaten violence.” Jonathan Capehart joins Joy Reid to share his exclusive sit-down interview with President Biden on The ReidOut on MSNBC. Read more >> Good. I’m going to TribelSocial Elon Musk's Pending Purchase of Twitter Weighs Heavy on Tesla — But Should It?The narrative surrounding Tesla 's recent third quarter earnings mostly centered on demand as the automaker missed expectations “First money in last money out” that’s the overhang that weighs heavy on Tesla stock imo. The North remembers. 😎🇨🇦 OpEd: Musk's Twitter Deal Is Impacting Tesla Heavily, But Should It Be?The narrative surrounding Tesla 's Q3 earnings entered on demand as it missed expectations for deliveries. Twitter seems to be making an impact as well. It scares the corrupt media establishment. White House policy is what's rattling Wall Street Elon Musk’s frisky earnings call touched on the Cybertruck, Twitter, and the future of TeslaHe boasted that Tesla could be worth more than Apple. Cool. Thanks. Otherwise it’s Liz Truss…. 😊 Frisky... 😂 shame they didn't talk about all the fraud they engage in Elon Musk says Tesla can surpass combined value of Apple and AramcoMusk's claim comes after Tesla posted a bumper third-quarter profit. Tesla would have to grow by about six times to rival Apple and Aramco combined. lol Won’t happen by then and needs major improvements on build quality issues, battery longevity, vehicle pricing and maintenance of charging infrastructure. Plus stop hiding repair information. what I'm being put through is a crime itself Here are Thursday's biggest analyst calls: Apple, Tesla, Amazon, Dick's, Sunrun, Nike & moreHere are Thursday's biggest calls on Wall Street. Musk says Tesla delivered fewer cars in Q3 than it made due to infrastructure woes Elon Musk said the shortage of carriers, trains, and boats has affected Tesla 's ability to deliver vehicles to customers in the third quarter of 2022. Great man Elon , the soon-to-be ex-wife of Google cofounder Sergey Brin.Elon Musk’s Pending Purchase of Twitter Weighs Heavy on Tesla — But Should It? By Published 20 mins ago The narrative surrounding Tesla’s recent third quarter earnings mostly centered on demand, as the automaker missed expectations for vehicle deliveries.Looking at this strictly Tesla does not advertise .Oct 20, 2022, 2:50 PM UTC Share this story Laura Normand / The Verge For a guy who once said he wasn’t going to be on many future earnings calls, Elon Musk has a hard time staying away. (Musk denied the affair.) He also lost more than $100 billion. Digging deeper though, WSJ confesses, “Mr. From its peak on November 4, 2021, Musk’s fortune has fallen nearly 35%, from $320. And Twitter is where Tesla owners (and soon-to-be Tesla owners) tend to congregate.3 billion to $209. also has weighed on the car maker’s stock.4 billion as of close of market Thursday–almost entirely due to a sharp drop in the price of Tesla stock.” But forgot these Wall Street-centric platitudes. This month alone, Musk’s fortune is down $28 billion. I suspect the ongoing Twitter soap opera leaves investors feeling, ummm, uneasy about Musk triangulating his time between Tesla, SpaceX, and (now) Twitter. If Elon Musk throws down and decides (eventually) to buy Twitter, the move should (eventually) lead to increased exposure for Tesla. In quarterly earnings reported on Wednesday, the electric carmaker’s revenue still of some analyst expectations. Add in worries about a possible recession, and investors are spooked. I suspect investors might be “taking their eye off the ball” as it relates to Elon and Twitter. Farewell To $110 Billion In Eleven And A Half Months: Elon Musk’s Net Worth “He sells high-priced cars, so a recession will not be good for his business,” says Matt Maley, chief market strategist at Miller Tabak + Co. In the meantime, Tesla, the world's leading electric car company, didn't run a single TV commercial., in an email. And, yes, Twitter is fraught with politics, divisiveness, and (occasionally) funny memes. Next level. Musk was so rich to begin with, he’s still the wealthiest person in the world, even after his fortune took such a dramatic drive. He’s $60 billion richer than LVMH chief Bernard Arnault and $71 billion richer than Amazon founder Jeff Bezos. But controversy gets clicks. Looking back, Jeff Bezos bought the Washington Post, an influential media outlet. When he surpassed Bezos last year, he .