Musk has lost more than $100B since December as Tesla gives up trillion-dollar company status amid sell-off

[BumRushDaShow]

Source: NBC News

Feb. 25, 2025, 2:14 PM EST


Elon Musk's status as the world's wealthiest person is in no danger of changing. But since mid-December, the tech titan's net worth has declined by more than $100 billion, or approximately 25%, as a sell-off in shares of Tesla, his electric car maker, has accelerated in recent weeks.

On Tuesday, the stock was down another 7% and is off nearly 20% year to date. The latest drawdown comes as new data showed new Tesla vehicle registrations plummeting in Europe, down 45% year-on-year for January, even as overall sales growth of electric-battery vehicles on the continent climbed. Sales in China also recently came in trending down.

Some reports have suggested European buyers are revolting against Musk's active role in the Trump administration, which is effectively resetting longstanding European relations. Investors may also simply be locking in the extraordinary gains of the past year or so: Even with the recent drop-off, the stock is still up 52% over the past 12 months.

On Tuesday, Gary Black, managing partner at The Future Fund investment group, said Tesla shares could fall even further this year given an apparent revision in recent Tesla corporate management guidance about deliveries in 2025.

Read more: https://www.nbcnews.com/business/business-news/elon-musk-lost-100-billion-net-worth-lower-tesla-sales-europe-china-rcna193668

[LetMyPeopleVote]

1. This report has musk's loss at only $74 billion

Link to tweet

Tesla stock has lost 36% of its value since December 17th, which equates to a net loss of $73.9 billion for Elon Musk. That's enough money to buy the entire company of Capital One. What's in his wallet? A lot less money.

[Torchlight]

2. Another flock fleeced.

But flockers are going to do what flockers do... accept the fleecing, and flex the sanctimony.

[Bengus81]

6. Yeah....in fact I posted yesterday that the number then was about $67B

Last edited Wed Feb 26, 2025, 01:32 PM - Edit history (1)

He owns 410,794,076 shares in the most recent info I can find. He has to report (at least for now) any shares he sells. It's a SEC rule coming out of the disaster in Oct 1929. I base my numbers from the high on 12/18/24 of 466.55

Right now it's trading around 304.00 but like I said yesterday it did touch the high 200's,hit resistance and bounced back up. But I'll bet it won't hold and in the next few days will see more and more trades in the high 200's.

When the share price hits $299.00 Eloons shares will have lost $68.828 BILLION in about ten weeks.

[PortTack]

3. T-rump 2.0...everything he touches dies....spaceX will be next

[RazorbackExpat]

4. No need to worry

Eloon will just cover his losses with all that "waste, fraud and abuse" he is "finding"

[Deminpenn]

5. Tesla used to have the EV market mostly to itself

but now there are many EV options from the Big 3 automakers and others, none of whose cars have the kind of safety issues Teslas have.

Besides, that new WV microbus EV sure looks cool and like fun to drive, despite it's 70k price tag, than a Tesla truck,

[BumRushDaShow]

7. I still think their fast-chargers will end up becoming the consumer EV charger "standard"

With the current "competition" mirroring what happened with VHS vs Betamax.

So eventually, their cars may end up irrelevant or at best, "niche", as the money can be made with the charging stations (licensing).

[Deminpenn]

8. There'll be generic versions of those chargers

sooner rather than later.

[BumRushDaShow]

10. Sure and there will also be adapters (which exist today anyway)

But his will be "the standard" (and I expect Musk will get a cut out of licensing).

[Yo_Mama_Been_Loggin]

9. Ain't that a shame

[LetMyPeopleVote]

11. Look where Tesla closed today

Link to tweet