Billionaire Elon Musk experienced a massive financial setback, losing $29 billion in a single day, after a sharp decline in Tesla’s stock.
A $29 Billion drop in Elon Musk’s net worth shocks financial markets

On April 10, Elon Musk’s net worth plummeted by $29 billion.
While, a dramatic drop caused by a 15% fall in Tesla’s stock price.
The collapse wiped out more than the GDP of many small nations in just 24 hours.
The impact rippled across Wall Street, sparking investor panic, widespread media attention, and viral social media reactions.
Despite his immense wealth, this incident proves that Musk’s fortune is deeply intertwined with Tesla’s performance. When the stock stumbles, so does his net worth.