Tesla Stock Plunge Tanks Elon Musk's Net Worth by $90 Billion!
Posted: Thu Feb 13, 2025 3:55 am
Tesla's stock has taken a beating, shaving almost 90 billion dollars off Elon Musk's net worth. Is this a sign of things to come, or just a temporary dip? With Tesla facing increased competition, particularly from Chinese automakers like BYD, are we witnessing the beginning of the end of Tesla's dominance? What role do Musk's other ventures, like SpaceX and xAI, play in this? Are they distractions, or will they ultimately bolster Tesla's future? Let's discuss the implications of this dramatic shift in Musk's wealth and what it means for the future of Tesla. Is it time to buy the dip, or is this the canary in the coal mine? I predict Tesla will need a major innovation soon to regain investor confidence. What do you think that innovation will be?