Tesla's Stock Tanks $18 Bn
Musk's Bad Day

Tesla's Stock Tanks $18 Bn

Sam Y Sam Y

Sam Y

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发布日期: 2025年3月11日
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Elon Musk took two significant financial blows on Monday, with stocks in Tesla slumping dramatically to a lower price than before Donald Trump’s November election victory and X suffering a major outage.

Tesla shares fell by more than 14 per cent by mid-day after UBS cut its forecast for the automaker's first-quarter deliveries, and 15.43 per cent by the time the markets closed, making it Tesla’s worst day since September 2020.

Individual shares were down by more than $40, with journalist Yashar Ali noting that for every $10 the stock was down, Musk’s net worth declined by around $4.7 billion – totaling $18.8 billion.

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