Tech ’s most chaotic chief executive officer visualise about $ 10.6 billion of his personal wealth vaporise last Friday following areporton a liquidation overalleged sexual actus reus , according to estimation from theBloomberg ’s Billionaires Index . Musk ’s driblet in wealthiness , spottedby Insider , was mainly due to the tanking of Tesla share in the securities industry . Though the world ’s full-bodied man seems to skirt consequences for most of his activity , even he knuckle under to some financial consequences of scandal .
On Friday , shares in the electric carmaker lostas much as 10.8%of their value at one point . By the close of the market , they were down 6.4 % , roughly $ 10 billion . Tesla ’s portion toll recovered slenderly on Mondayby about 1 % , as of 2 p.m. ET .
The report of the$250,000 liquidation , published Thursday , reveal thata SpaceX escape attendantalleged that in 2016 Musk bring out his tumid penis to her after she gave him a massage , proposition her for gender by say “ do more , ” and said he would bribe her a buck if she did . Musk has denied the report ’s claims and even joked about them , christening the dirt “ Elongate . ”
SpaceX owner and Tesla CEO Elon Musk poses on the red carpet of the Axel Springer Award 2020 on 21 January 2025 in Berlin, Germany.Photo: Britta Pedersen-Pool (Getty Images)
All in all , Tesla had a pretty rocky week , having been chivy not only by its CEO ’s temperamental and rubbish - talking tweets , but also by outdoor forces . plowshare in Tesla had been on the diminution as investor worry that Musk ’s attention , already divide between multiple enormous companies , would be diverted as he manages arapidly spiraling $ 44 billion putsch of Twitter . In late days , Musk call the S&P 500 ’s environmental , social , and government evaluation , make love as ESG , “ ascam,”after Tesla lost its top spot and announced he would now vote for Republicans . In increase , Musk suppose Tesla was creating a“hardcore litigation department”reporting straight off to him .
“ bet for hard-core streetfighters , not white - shoe attorney like Perkins or Cooley who flourish on corruption , ” Musktweetedon Friday . “ There will be blood . ”
Looking for hardcore streetfighters , not lily-white - brake shoe lawyers like Perkins or Cooley who fly high on corruption .
There will be stock .
— Elon Musk ( @elonmusk)May 20 , 2022
As if that were n’t enough , a fresh infotainment from the New York Times onTesla ’s Autopilot systempremiered on Friday , too . title Elon Musk ’s Crash Course , the film analyzes how Muskresponded to accidentsinvolving his auto maker ’s Autopilot organisation .
So far this year , Musk has lost more than $ 69 billion from his personal treasure chest , consort to the Billionaires Index . In fact , he ’s lost $ 49 billion since he announce his bid to purchase Twitter , whichno one is quite surehe wants anymore .
Despite this roller coaster ride , Musk still stay the plenteous serviceman on Earth , with an estimated $ 201 billion net worth .
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