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The Independent UK
The Independent UK
Ariana Baio

Musk lost $34 billion in net worth as Tesla stock tanked amid Trump online war

Elon Musk, the CEO of Tesla, lost $34 billion in net worth on Thursday after his company’s stock plummeted in response to the online fight he got in with President Donald Trump.

Over the last week, some Tesla stock investors had begun pulling their investments as Musk insulted Trump’s “Big Beautiful Bill” and made a swift exit from his “special government employee” position.

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