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Cryptopolitan on MSNElon Musk’s D.O.G.E costs him $151B in wealth as Tesla keeps underperforming in all marketsElon Musk has lost $151 billion—nearly half of his fortune—as Tesla’s stock price collapses while he focuses his entire attention on his friend, president Donald Trump and the Department of Government Efficiency (D.
Musk appears to be turning off potential Tesla buyers with his embrace of far-right politicians around the world, analysts say, and the hit couldn't come at a worse time.
Tesla stock is down 46% below its December 2024 high, notes CNBC, a $677 billion loss in market value. Last year Tesla shipments fell as Musk's DOGE work hurts the brand.
Analysts say he may have a longer-term goal for his business empire: backing political parties that might cut back regulations he thinks impede tech innovations.
Eutelsat's share price has nearly tripled since Monday. The stock surge was tied to Donald Trump's decision to suspend aid to Ukraine. Eutelsat's OneWorld satellite
Tesla has had a turbulent February. Marked by a significant stock decline and growing backlash to Elon Musk's political role.
A US judge on Tuesday denied Elon Musk's request to prevent OpenAI from becoming a for-profit business in a loss for the Tesla tycoon amid his feud with Sam Altman.
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