Twitter's new boss Elon Musk might end 2022 as his worst year as per the current trend. The Tesla Chief Executive Officer lost his position as the world's richest person as his net worth was reduced. Now he lost a few billion dollars after the Tesla share value went for a toss as per the reports.
As per the reports, Tesla shares value went down resulting in Elon Musk losing as much as $7.7 billion. Elon Musk is the second richest person in the world and his net worth is $147.7 billion, which accounts for an all-time low in two years.
Business observers say that Elon Musk lost as much as $122.6 billion this year due to various reasons like Tesla shares going down and the money he spent on purchasing Twitter. The amount he lost this year is higher than the wealth he gained last year.
He lost the tag as the richest person and also lost more than 120 billion dollars. On top of this, the purchase he made with Twitter is not giving him any positive outcome. He earlier thought of charging some money for Blue tick verification and somehow he did not go forward with the decision.
Elon Musk giving good focus to Twitter might be a reason behind Tesla's shares value coming down as people might have had fears about the electric vehicle manufacturing company.
This might have forced Elon Musk to conduct a poll on Twitter on whether he should step down as the CEO of Twitter. The majority of the participants said that he should step down. No one knows what the Tesla boss is thinking about Twitter.
As per the reports, Tesla shares value went down resulting in Elon Musk losing as much as $7.7 billion. Elon Musk is the second richest person in the world and his net worth is $147.7 billion, which accounts for an all-time low in two years.
Business observers say that Elon Musk lost as much as $122.6 billion this year due to various reasons like Tesla shares going down and the money he spent on purchasing Twitter. The amount he lost this year is higher than the wealth he gained last year.
He lost the tag as the richest person and also lost more than 120 billion dollars. On top of this, the purchase he made with Twitter is not giving him any positive outcome. He earlier thought of charging some money for Blue tick verification and somehow he did not go forward with the decision.
Elon Musk giving good focus to Twitter might be a reason behind Tesla's shares value coming down as people might have had fears about the electric vehicle manufacturing company.
This might have forced Elon Musk to conduct a poll on Twitter on whether he should step down as the CEO of Twitter. The majority of the participants said that he should step down. No one knows what the Tesla boss is thinking about Twitter.