Elon Musk’s net worth has dropped to over $300 billion as of April 11, according to Yahoo! A more than 30% drop in Tesla’s stock price since the start of the year has significantly reduced the value of the billionaire's holdings. Public protests and Tesla boycotts have driven a nearly 45% drop in the company’s stock, erasing nearly $80 billion from Musk’s holdings. Market volatility and Musk’s political ties have further damaged investor confidence and consumer sentiment.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elon Musk's net worth has dropped to over $300 billion as of April 11th, according to
00:06Iowa, a more than 30% drop in Tesla's stock price since the start of the year has significantly
00:10reduced the value of the billionaire's holdings.
00:13Public protests and Tesla boycotts have driven a nearly 45% drop in the company's stock,
00:18raising nearly $80 billion for Musk's holdings.
00:21Market volatility and Musk's political ties have further damaged investor confidence and
00:26consumer sentiment.
00:27For all things money, visit Benzinga.com slash GSTV.