Elon Musk loses $11 billion in the first week of 2023

mask To about $126 billion, by the end of Friday’s session, ranking second in the world’s rich list after the Frenchman, Bernard Arnault, whose net worth is $175 billion.

And it was wealth Elon Musk It peaked in November 2021, at $338 billion. He became the first person in history to lose $200 billion of his wealth in one year.

Musk’s fortune, who heads companies, has been hit "Tesla"And"SpaceX"And"Twitter"after the significant decline in the shares of the electric car company by up to 65 percent in the past year, amid concern about the demand for its products in light of fears of economic recession and raising interest rates, in addition to the clamor that accompanied the acquisition of the company. "Twitter".

Sales rose "Tesla" About 1.3 million electric vehicles in 2022, a record level that represents a 40 percent increase, compared to the previous year, but it is lower than Musk’s expectations, who set a goal of raising the company’s sales by 50 percent annually in the long term.

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According to the Bloomberg Billionaires Index, fortune has declined mask To about $126 billion, by the end of Friday’s session, ranking second in the world’s rich list after the Frenchman, Bernard Arnault, whose net worth is $175 billion.

And it was wealth Elon Musk It peaked in November 2021, at $338 billion. He became the first person in history to lose $200 billion of his wealth in one year.

The fortune of Musk, who heads Tesla, SpaceX and Twitter, was damaged after a significant decline in the shares of the electric car company by up to 65 percent in the past year, amid concern about the demand for its products in light of fears of an economic recession. And raising the interest, in addition to the clamor that accompanied the acquisition deal.Twitter“.

Sales roseTeslaAbout 1.3 million electric vehicles in 2022, which is a record level that represents a 40 percent increase, compared to the previous year, but it is lower than Musk’s expectations, who set a goal of raising the company’s sales by 50 percent annually in the long term.

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