Elon Musk’s Net Worth Drops by $102 Billion Amid Tesla Share Price Decline
Tesla CEO Elon Musk has seen his net worth tank over the past few months, approximately $102 billion, primarily attributed to Tesla’s performance. share price dropping This year, there has been a decline of approximately 35% (from about $404 to $263).
The company’s market valuation has decreased by nearly $400 billion, and roughly 60% of Musk’s wealth is attributed to this. Tesla shares and options.
Tesla Sales Decline in U.S. and China Amid Market Challenges
According to Cox Automotive, Tesla vehicle sales in the U.S. declined by 16% in December 2024 and January 2025, while sales in China experienced a 29% decrease in January and February per CNN.
Musk remains the wealthiest individual globally, with a net worth of $330 billion. according to Bloomberg. Some analysts remain hopeful that Tesla will recover despite its significant decline in value.
“In a note released on Friday, Wedbush analyst Dan Ives stated that although the strong partnership between DOGE, Trump, and Musk has raised significant brand concerns for Tesla, we believe that less than 5% of Tesla’s global sales are threatened by these problems.” per Barron’s “We anticipate that Musk will find a more effective balance between his commitments to DOGE and his work with Tesla and SpaceX throughout 2025.”
Amazon founder Jeff Bezos and Meta CEO Mark Zuckerberg Currently, both individuals are sharing the No. 2 position, each with a net worth of $222 billion. It’s important to mention that this tie is a result of Bezos’s wealth decreasing by $16 billion since the beginning of the year, while Zuckerberg’s has increased by $14 billion.
