Elon Musk’s net worth has dropped by approximately $102 billion in just two months, largely due to Tesla’s stock price plummeting by 35% since the beginning of the year. According to financial experts, Tesla’s market value has declined by more than $400 billion, and U.S. sales of its vehicles have fallen 16% from December 2024 to January 2025.
Analysts believe Musk’s close ties to Donald Trump and his recent appointment as head of the Department of Government Efficiency (DOGE) have negatively impacted Tesla’s brand image. His public support for Trump’s re-election, along with his political involvement, has reportedly led some investors to distance themselves from Tesla stock.
Despite the financial hit, Musk remains the world’s richest person with an estimated net worth of $330 billion, ahead of Jeff Bezos and Mark Zuckerberg. Experts predict that Musk will need to balance his time between Tesla, SpaceX, and his government responsibilities to stabilize the company’s future.
While some see this as a temporary setback, others believe Musk’s growing political entanglements could create long-term challenges for Tesla’s global reputation and market performance.
