Elon Musk: Almost $ 30 billion lousy in one day

The richest man in the world has suffered a considerable financial setback. , Elon Musks (53) Netto assumed on Monday allegedly fell by a whopping $ 29 billion (approx. 27 billion euros) after the Tesla share had recorded a dramatic burglary. Despite these enormous losses, the 53-year-old remains the richest person in the world with a fortune of an estimated of around $ 301 billion (approx. 275 billion euros).

The significant loss of assets was caused by the crash of the Tesla share, which collapsed 15 percent on Monday – the greatest loss of day since September 2020. This led to Musk’s net wealth shrinking by 6.7 percent. The tech mogul has already lost $ 132 billion (approx. 120 billion euros) or more than 30 percent of its assets this year alone.

Investors are said to be increasingly concerned that Musk may spend too much time in Washington and that too little focuses on the electric vehicle manufacturer. Since Donald Trump (78) election victory, Musk has been working closely with the US President and has been involved in his efficiency Initiative Doge (Department of Government Efficiency) who aims to fight waste in authorities.

which was broadcast on Monday, Musk admitted that it was “very difficult” to run its companies like Tesla and SpaceX and at the same time work for the government. When he was asked how he brought both under one hat, after a longer break and a sigh, he only replied: “With great difficulty.”

The political activities of the entrepreneur apparently also have direct effects on Tesla. According to media reports, Tesla facilities were the target of several vandalism actions. The police suspect that these incidents could be motivated by Musk’s political commitment and his work of government. When asked about these incidents in the “Fox” interview, Musk emphasized that he wanted to fight and fraud and believe “doing the right thing”.

The controversy around Musk also adheres to the Trump administration: While Trump claims that the Tesla and Space-CEO is leading the Doge office, the White House and the Ministry of Justice have denied this and instead named another civil servant as administrator of the Doge office.