Elon Musk loses $15 billion after impressive Robotaxi presentation
October 14, 2024
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Electric car giant Tesla will use it for robotaxi service cybercabin introduced its model after many years of waiting. The humanoid robot Optimus and the electric minibus were
Electric car giant Tesla will use it for robotaxi service cybercabin introduced its model after many years of waiting. The humanoid robot Optimus and the electric minibus were also present at the event. The fortune of the famous entrepreneur after the promotional event $15 billion molten.
Tesla last week cybercabin And Robovan introduced his concepts. Elon Musk stated that Cybercab will go on sale before 2027 and the price will be about 30 thousand dollars. However, this promotion doesn’t seem to please Tesla shareholders much. The lack of sharing more information about autonomous driving and vehicles particularly bothered investors.
Tesla shares plummeted
Musk’s personal wealth is largely Tesla shares is tied up. Company shares 13 percent of It’s from Elon Musk. Naturally, the drop in Tesla shares is causing Musk’s personal fortune to melt. While Tesla shares fell 5 percent on Friday, today there was a 9 percent decline.
Musk’s personal net worth according to the Bloomberg billionaire index $15 billion decreased. Yet Elon Musk remained the richest person in the world with a fortune of $240 billion. Tesla stock right now from $217 is traded.
Investors are looking forward to a rise in Tesla stock prices Innovations that Musk will introduce and how quickly it can make these innovations available. Tesla’s CEO is known to make over-promises and may struggle to meet expectations.
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