Musk's friendship with Trump has cost him dearly! Tesla's shares have fallen by 50% in 3 months

Elon Musk Networth: The net worth of the world's richest man Elon Musk is witnessing a tremendous decline. If Musk's wealth continues to decline like this, then soon he may lose the title of the world's richest person. After Donald Trump's victory in the US presidential election results, there was an unusual increase in Elon Musk's net worth. But after some time Musk's wealth also started falling. Three months ago, Elon Musk's net worth had reached $ 486 billion. Now Musk's net worth has fallen to $ 307 billion. In this way, his net worth has fallen by $ 179 billion in just three months. Trump is also a major reason for this decline in Musk's wealth. Trump opponents are boycotting Tesla, due to which Tesla's sales have fallen drastically.

Loss of $126 billion in 2025

So far this year, Elon Musk's net worth has fallen by $126 billion. According to the Bloomberg Billionaires Index, Musk's net worth currently stands at $307 billion. After Elon Musk, Amazon's Jeff Bezos is the second richest person in the world. His net worth is currently $218 billion. Bezos' net worth has also fallen by $21.2 billion so far this year.

Why is Musk's wealth falling?

The biggest part of Musk's net worth comes from Tesla. Tesla is going through bad times right now. On Monday, Tesla's shares fell by 15%. In the last three months, Tesla's shares have fallen by more than 50%. This share has fallen from $479 to $231. Musk's wealth is also decreasing due to the fall in Tesla's market cap.

Why is Tesla not selling?

Tesla's sales have fallen sharply in the last few months. Tesla's sales have fallen by 45 percent in Europe. Tesla's sales in Germany have fallen by 76 percent. Tesla's sales have also fallen by 11.5 percent in China. At present, China's BYD is the largest car company. Chinese companies including BYD are making cheap electric cars. Due to this, Tesla is losing. On the other hand, due to Trump and Musk coming together, Trump's opponents have started boycotting Tesla. Musk is being boycotted in many places.