Comment on Elon Musk lost $10 billion in net worth in a single day after sexual misconduct claims emerged

Elon Musk lost $10 billion in net worth in a single day after sexual misconduct claims emerged

Tesla founder and CEO Elon Musk became $10 billion poorer in just a single day after claims of sexual misconduct against him emerged.Jae C. Hong/AP Elon Musk's wealth shrank by $10 billion on Friday as Tesla's stock plunged, per Bloomberg. Tesla's stock price fell after a report that SpaceX settled a sexual misconduct claim against him. An analyst said Tesla's backers feared "key-man risk" and "perception is reality for [Wall] Street." Tesla founder and CEO Elon Musk lost $10 billion in just a single day after claims of sexual misconduct against him emerged.He was worth about $212 billion on Thursday, according to the Bloomberg Billionaires Index.

 

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