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Benzinga
Benzinga
Business
Chris Katje

Musk Net Worth Drops $12 Billion After New Trump Battle: Tesla CEO Is Still 77 Times Richer Than President

trump musk shutter

Elon Musk saw his wealth take another hit Tuesday as Tesla Inc (NASDAQ:TSLA) stock fell over 5% in possible reaction to a battle between the billionaire and President Donald Trump.

Musk's criticism of the Trump-supported "Big Beautiful Bill" could ultimately harm Tesla stocks and prompt the White House to investigate subsidies for several Musk-related companies.

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