Elon Musk creates new record; loses $200 billion in 13 months
Decline in Tesla shares, which was once Wall Street's highest-flying stock, amounts to 69.20% in one year. But its valuation is still higher than auto giants like GM.
Decline in Tesla shares, which was once Wall Street's highest-flying stock, amounts to 69.20% in one year. But its valuation is still higher than auto giants like GM.
The Tesla CEO's net worth fell to $164 billion on Tuesday following a selloff in the electric carmaker's stock.
Elon Musk has promised $21 billion worth of debt and margin loan financing to secure the Twitter deal.