The tech billionaire has reportedly lost $182 billion since November 2021.
That is more than three times as much as the previous record drop, and is approximately equal to the 2022 GDP of Hungary.
Of course Musk is still worth $138 billion, which makes him the world’s second-richest man, so I don’t think he’ll have to check into a homeless shelter any time soon, and he could soar back up to where he was if Tesla stock rebounds. (Tesla’s market capitalization dropped 65% last year.)
Tesla’s market capitalization is still ridiculous.
All the Tech Bro fanbois clutching their retirement funds.
Poor Apartheid Clyde, this is the “finding out” part. Couldn’t happen to a more-deserving huckster.
I love this part.
Pity the fool that owns Tesla stock