Elon Musk has a long list of accomplishments under his belt, including leading a number of cutting-edge technology companies into stratospheric territory. And now he’ll be known for something he’s probably less proud of: being the only person ever to lose $200 billion.
“Elon Musk was the second person ever to amass a personal fortune of more than $200 billion, breaching that threshold in January 2021, months after Jeff Bezos,” Bloomberg reports.
“The Tesla Inc. chief executive officer has now achieved a first of his own: becoming the only person in history to erase $200 billion from their net worth.”
Tesla’s stock price plummeted 65% in 2022 thanks to worries over production disruptions, decreasing demand, and Musk’s apparent preoccupation with running Twitter – causing the eccentric mega-billionaire to lose a gargantuan chunk of his riches.
Amid the tumble in Tesla’s stock price, Musk saw his net worth of $340 billion fall to $137 billion – a staggering loss of $203 billion.
Most of us couldn’t lose $200 billion from our net worth even if we tried, but Musk somehow did it. Maybe he should look for other ways to make money.
But the infamously stubborn Musk insists that all is fine.
“Tesla is executing better than ever!” Musk tweeted earlier this month. “We don’t control the Federal Reserve. That is the real problem here.”
Sure, Elon. See you panhandling soon.
(YWN World Headquarters – NYC)
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26 Responses
It doesn’t take much to comprehend that the colossal loss in his stocks is fueling him to go after sleepy joe & his wicked cohorts, & to show utmost respect to President Donald Trump שליט”א and his followers
Oh yes, what a lo yutzlach…
Honestly YWN, u guys are retarded
Lol
My husband says that he thinks he saw him collecting in shul this morning wearing a beard and payos from his purim costume.
And yes he did give him a dollar.
I’m pretty sure that someone who has the ability to lose 200 Million dollars is by definition NOT a Lo Yutzlach 🙂
I think bec Elon showed some support to trump and seems to have republican views .. YWN is all over him now ??
Your calling a man that was once the richest man in the world a lo yutlach ?? No, you just can’t stand that he supports the best president ever !!
YWN have you nothing better to report
It probably came as a result of the media smear campaign against him ever since he bought out Twitter. Stocks of a solid company don’t go tumbling 65% for no apparent reason. “Production disruptions, decreasing demand, and Musk’s apparent preoccupation with running Twitter…”, I mean, come on. And the timing is pretty telling.
Kudos to Musk for risking and losing all this, for the sake of free speech, and exposing the corruption and wickedness of the left and the deep state.
Musk did us all a great service, and we should applaud him, let alone refrain from childishly mocking him.
And by the way, this loss is probably temporary. It will soon go back up. And the left will cease gloating.
This was Elon’s past parsha & 1st time mentioned in Torah (Gen. 46:14).
That tribe was known for diversified trade & commerce.
Money comes, money goes…but in his case, he still has enough money to fund “Ukraine” so i wouldn’t worry about him.
Probably most of us invested in the stock market lost quite a bit this year, and we all know why…
Don’t tell me that yeshiva world is also censoring.
BREAKING: the head of YWN is NOT worth 1 million dollars, what a Lo Yutzlach!
Seriously, what a bunch of clowns…
Should we set up a campaign for him?
not sure If the headline is serious or a joke, but if it’s serious, you guys are retarded reporters
I heard he set up a gofundme account so if anyone with a kind heart can please donate to help him out.
Tesla is an excellent company and will ultimately be one of the most valued in the world. If you are smart now is the time to buy at a serious bargain thanks to Brandon and his silly policies.There is nothing fundamentally wrong at TSLA and if you are wise when everyone else is running in fear you will swoop in and get a bargain. You heard it here first.
Wow!
While I am far from an Elon fanboy, the vitriol in this article was laughable.
Pathetic!
And this is the one article actually written by YWN as opposed to being from the Washington Post or something!
Riva: YWN censors any post which hurts their feelings. They are no different than the liberal press, as the titles of their ‘news’ should have ticked off all who look at it. I don’t even bother to read the ‘news’ articles, go to BonginoReport if you want news.
I have a feeling Kornbluh is baxk writing at YWN.
Did he really lose anything? Did he have that much cash on hand?
I measure wealth by cash on hand minus debt on paper.
Be careful you don’t slip and fall on your own slime -gloating over another’s loss is both evil and immature. Oh, and mega obnoxious too. Why not invest some of your money in a decent proof reader, so that your pathetic site can have a modicum of professionalism.
Many other people lost $200B by missing an opportunity to build a Tesla or a Starlink. Same goes for a horror of someone forgetting a masechet he learnt – v. people who did not try and do not realize the loss.
People don’t seem to realize that this article is written tongue-in-cheek…
@Yashar couldnt of said it better myself
Actually Tesla is in serious trouble, because its first generation of cars is coming to the end of their useful life. The battery is only guaranteed for eight years, and if you get more than 12 out of it you’ll be lucky. The idea that they can last 30 years is a fantasy. There is almost no second-hand market, because who wants to buy one and then have to pay $20,000 for a new battery? So expect Tesla stocks to stay low for quite a while.