After Elon Musk announced his concerns about the US economy and announced a 10% cut in Tesla’s staff, the company’s stock price dropped: Just Friday, Tesla was given about $775 for a security, now about $700. not only angered investors, but also directly affected the situation of Ilona Mask.

Forbes estimates that Tesla’s fortune has shrunk by $16.9 billion in about one day. But this did not prevent Mask from remaining the richest man in the world – Forbes estimates the entrepreneur’s fortune at $ 216.8 billion.

Investors were dissatisfied with chief market strategist Miller Tabak + Co. expressed in his own words. Matt Mailey: “The most important thing investors are probably thinking right now is silencing Musk.” The financial analyst also noted that Musk was “surprised by what happened last week” and that stocks were growing well. But then the head of Tesla wrote a letter about the reduction, it was known to journalists – and the flywheel of negativity began on its own.