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@A.111:Once the richest person in the world, Tesla Inc (NASDAQ:TSLA) and Twitter CEO Elon Musk has become the only person in human history to lose $200 billion in net worth. His net worth peaked at $340 billion in November 2021. However, Musk saw his wealth drop to $137 billion as 2022 came to a close, driven by Tesla shares falling about 65% last year, according to Bloomberg. Last week, Musk sent a memo to its workers and thanked them for their "exceptional execution" throughout the year. However, he downplayed the company's dismal stock performance. "Don't be too bothered by stock market craziness. As we demonstrate continued excellent performance, the market will recognize that," Musk wrote in the memo.
Once the richest person in the world, Tesla Inc (NASDAQ:TSLA) and Twitter CEO Elon Musk has become the only person in human history to lose $200 billion in net worth. His net worth peaked at $340 billion in November 2021. However, Musk saw his wealth drop to $137 billion as 2022 came to a close, driven by Tesla shares falling about 65% last year, according to Bloomberg. Last week, Musk sent a memo to its workers and thanked them for their "exceptional execution" throughout the year. However, he downplayed the company's dismal stock performance. "Don't be too bothered by stock market craziness. As we demonstrate continued excellent performance, the market will recognize that," Musk wrote in the memo.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.