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Benzinga
Benzinga
Politics
Rachit Vats

Elon Musk's Tweets On Politics, ESG Ratings On Wednesday May Have Cost Him $12B

Tesla Inc (NASDAQ: TSLA) shares sank to their lowest level this year on Wednesday, wiping out $12.3 billion from CEO Elon Musk's net worth, Bloomberg News reported.

What Happened: Musk has lost $49 billion since announcing his formal bid for Twitter on April 14, days after revealing his stake in the microblogging company.

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