Elon Musk fortune down $20 billion – Bloomberg ...News

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Elon Musk fortune down $20 billion – Bloomberg
source : Russia Today ( News ) () 29
The drop comes as Tesla shares fell dramatically on Thursday, the outlet has said   Elon Musk’s wealth plunged by $20.3 billion on Thursday after Tesla’s shares experienced their worst slump on fears of a drop in the company’s profits, Bloomberg has reported. Tesla shed 9.7% to $262.90 per share during trading hours in New York on Thursday, the steepest decline since April 20. It comes after Musk, the company’s CEO, announced on Wednesday that Tesla would have to keep lowering prices if interest rates continue to rise. Musk’s net worth dropped to $234.4 billion, according to Bloomberg’s Billionaires Index, in the

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