Elon Musk Loses $24 Billion As Tesla Stocks Drop By 9%

Elon Musk’s net worth took a hit of $24 billion as Tesla’s stocks plummeted by 9%. Despite this, he remains the world’s richest individual, with a net worth of $231 billion. The drop in Tesla’s share price can be attributed to the company’s disappointing Q3 performance, as per data from the Forbes billionaire index. Tesla’s shares dropped 9.3% from $245 on Wednesday to $220 by Thursday evening. In this quarter, Tesla’s net income was reported at $1.85 billion, marking a 44% decline compared to the same period in the previous…

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