Elon Musk is losing Rs 2500 crores every-day, massive erosion in Net Worth --All you want to know
With the stock reversing all of its gains from the previous 17 months, Tesla has lost roughly half of its market value and has struggled for the majority of this year as a result of the broader risk-off market trend.
Nov 22, 2022, 12:36 PM IST
I'll sell 10 per cent of Tesla stock based on Twitter poll, says Elon Musk
Much of Musk's wealth is held in shares of Tesla, which does not pay him a cash salary. "I only have stock, thus the only way for me to pay taxes personally is to sell stock," Musk tweeted.
Nov 09, 2021, 06:43 AM IST
Tesla shares surge after company posts record deliveries
At least three brokerages raised their price targets on Tesla`s stock. Wedbush was the most aggressive, increasing it by $50 to $1,000, much higher than the median analyst price target of $712.50, according to Refinitiv data. Wedbush also raised its rating to "outperform" from "neutral."
Apr 05, 2021, 23:19 PM IST
Elon Musk loses world’s richest person tag: One tweet on Bitcoin costs him $15 billion
This is touted to be the biggest decline since September and the primary reason behind this fall is fuelled by Musk's comments over the weekend that the prices of Bitcoin and smaller rival Ether "do seem high." This came two weeks after Tesla announced it added $1.5 billion in Bitcoin to its balance sheet.
Feb 23, 2021, 18:49 PM IST
Tesla shares crash over CEO Elon Musk's controversial ‘stock price too high’ tweet, rebound later
Tesla shares stumbled after its eccentric CEO Elon Musk tweeted on Friday that the company’s stock price was “too high”, triggering a free fall in stock prices.
May 02, 2020, 10:43 AM IST
