Elon Musk made history by becoming the first person in history to lose $200 billion. The Tesla owner is now worth just $137 billion after Tesla shares fell.
According to the Bloomberg Billionaires Index, he was worth $340 billion on November 4, 2021, and he remained the world’s richest person until his wealth was eclipsed. Some say his declining popularity since his Twitter takeover could be to blame.
Elon Musk is the first person in history to lose 200 BILLION dollars.
— Davram (@davramdavram) January 1, 2023
Let that sink in. pic.twitter.com/HnaLhwvKb2
On Twitter,, Musk didn’t acknowledge Tesla’s plummeting shares. Tesla is currently offering a $7,500 discount for its Model 3 and Model Y vehicles.
“Tesla is executing better than ever!” Musk tweeted on December 16. “We don’t control the Federal Reserve. That is the real problem here.”
Last month, Musk announced he would step down as CEO of Twitter as soon as he finds a replacement.
“I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software & servers teams,” he tweeted.
Should I step down as head of Twitter? I will abide by the results of this poll.
— Elon Musk (@elonmusk) December 18, 2022
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