New York: After Elon Musk, the world’s richest man, bought Twitter, Tesla investors have started selling their shares.
As Elon Musk turns his attention to Twitter, Tesla investors are worried. Due to this, Elon Musk’s net worth is said to be declining.
As of last Tuesday, Elon Musk’s net worth has fallen to Rs 16.30 lakh crore. It is noteworthy that the market value of Tesla Company is almost Rs 50.69 lakh crore. Elon Musk owns 15 percent of Tesla.
While Elon Musk’s net worth is on the decline, on the other hand, several companies are entering the electric vehicle industry, giving Tesla a tough competition. And lately, Elan’s attention has turned entirely to Twitter. As a result, Tesla investors are worried, according to market experts.
Meanwhile, on Tuesday, Elan sold 1.95 crore shares of the Tesla electric car company. Its value is nearly 32 thousand crore rupees.
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