Tesla’s general director is losing money because of the tariffs introduced by Trump, as well as because of the “spoiled brand of the company.”
The condition of the American Billionaire Ilon Mask on the first time since November fell below $ 300 billion. On Monday, April 7, Bloomberg reported.
It was mentioned on Monday after Tesla’s sharing, Musk lost $ 4.4 billion. According to the Bloomberg Billionaire Index, the businessman’s condition dropped to $ 297.8 billion. This happened after the loss of 31 billion on Thursday and Friday last week. Since 2025, a well -known businessman has lost $ 134.7 billion.
The mask became the sixth outsider of the Bloomberg 500 the richest man in the world (the sixth largest losses of all billions on Monday suffered). Generally, the index fell $ 271 billion – the third worst day in history.
The publication added that falling in mask condition is a continuation of its turn. In particular, Tesla’s sharing increased dramatically after the Trump election, raising the state of the billionaire to record heights. Since then, the role of an entrepreneur as a senior adviser to the President of the United States has created TESLA as “target for protests and domestic protests.”
“Polarizing CEO -Billionaire’s polarizing behavior and his activity on social networks drives potential buyers and forces those with Tesla’s car to keep themselves from his policy and damaged the company brand,” Bloomberg added.
Generally, company shares have fallen over 50% since the maximum record in the middle of -December.
Mask had conflict with Trump’s advisor for duties
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.