{"id":15318,"date":"2025-03-08T11:01:00","date_gmt":"2025-03-08T11:01:00","guid":{"rendered":"https:\/\/imsfund.com\/?p=15318"},"modified":"2025-03-08T11:01:00","modified_gmt":"2025-03-08T11:01:00","slug":"elon-musks-net-worth-has-dropped-more-than-100b-this-year","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2025\/03\/08\/elon-musks-net-worth-has-dropped-more-than-100b-this-year\/","title":{"rendered":"Elon Musk&#8217;s Net Worth Has Dropped More Than $100B This Year"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Tesla CEO <a href=\"https:\/\/www.entrepreneur.com\/business-news\/what-is-elon-musks-job-and-title-in-the-us-government\/486525\" rel=\"follow\" target=\"_self\">Elon Musk<\/a> has seen his <a href=\"https:\/\/www.businessinsider.com\/elon-musk-wealth-tesla-stock-price-trump-billionaires-ev-doge-2025-3\" rel=\"follow\" target=\"_self\">net worth tank<\/a> by around $102 billion in the last couple of months, mostly due to Tesla&#8217;s <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-07\/tesla-erases-700-billion-trump-bump-as-sales-slide-globally\" rel=\"follow\" target=\"_self\">share price dropping<\/a> around 35% this year (from around $404 to $263). The company&#8217;s market value has dropped by almost $400 billion, and about 60% of Musk&#8217;s wealth is from <a href=\"https:\/\/qz.com\/elon-musk-tesla-net-worth-loss-1851768417\" rel=\"follow\" target=\"_self\">Tesla shares and options<\/a>.<\/p>\n<p>U.S. sales of Tesla vehicles dropped 16% in the U.S. in December 2024 and January 2025, according to Cox Automotive, while sales in China fell 29% during January and February, <a href=\"https:\/\/www.cnn.com\/2025\/03\/06\/business\/musk-trump-tesla-shares-slide\/index.html\" rel=\"follow\" target=\"_self\">per CNN<\/a>.<\/p>\n<p>Musk is still the richest person in the world, though, with a net worth of $330 billion, <a href=\"https:\/\/www.bloomberg.com\/billionaires\/\" rel=\"follow\" target=\"_self\">according to Bloomberg.<\/a> And some analysts are optimistic that Tesla will turn around despite its massive drop in value.<\/p>\n<p>&#8220;While the DOGE\/Trump Musk iron-clad partnership has created major brand worries for Tesla \u2026 we estimate less than 5% of Tesla sales globally are at risk from these issues,&#8221; Wedbush analyst Dan Ives said in a note on Friday, <a href=\"https:\/\/www.barrons.com\/articles\/tesla-stock-price-upgrade-8e131933\" rel=\"follow\" target=\"_self\">per Barron&#8217;s<\/a>. &#8220;We expect Musk will better balance his time between DOGE and Tesla\/SpaceX over the course of 2025.&#8221;<\/p>\n<p>Amazon founder <a href=\"https:\/\/www.entrepreneur.com\/business-news\/jeff-bezos-blue-origin-is-laying-off-10-of-its-workforce\/487074\" rel=\"follow\" target=\"_self\">Jeff Bezos<\/a> and Meta CEO <a href=\"https:\/\/www.entrepreneur.com\/business-news\/mark-zuckerberg-warns-meta-staff-stop-leaking-to-the-press\/486422\" rel=\"follow\" target=\"_self\">Mark Zuckerberg<\/a> are currently tied for the No. 2 spot with $222 billion each. (It&#8217;s worth noting the tie is due to Bezos&#8217;s wealth being down $16 billion year-to-date and Zuckerberg&#8217;s up $14 billion.)<\/p>\n<p><b>Related: <\/b><a href=\"https:\/\/www.entrepreneur.com\/business-news\/elon-musks-doge-looks-for-new-hires-to-work-80-hours-a-week\/482998\" rel=\"follow\" target=\"_self\">Want to Work for DOGE? Elon Musk Is Looking for &#8216;Super High-IQ&#8217; Hires \u2014 But There&#8217;s a Catch<\/a><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/business-news\/elon-musks-net-worth-has-dropped-more-than-100b-this-year\/488140\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla CEO Elon Musk has seen his net worth tank by around $102 billion in the last couple of months, mostly due to Tesla&#8217;s share price dropping around 35% this year (from around $404 to $263). The company&#8217;s market value has dropped by almost $400 billion, and about 60% of Musk&#8217;s wealth is from Tesla [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":15319,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1741375789-Elon-Musk-2202932520.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-15318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=15318"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15318\/revisions"}],"predecessor-version":[{"id":15320,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15318\/revisions\/15320"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/15319"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=15318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=15318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=15318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}