Stephen: Elon Musk loses $768 Million over Cybertruck reveal
Published on November 25th, 2019 @ 5:35 PM
On Friday, Elon Musk lost about $768 million dollars of his personal net worth, according to Forbes. The loss was directly tied to Thursday night’s disastrous live Cybertruck demo. During the demo, Musk praised the truck’s shatterproof windows, only to have metal balls smash the window glass. Tesla’s stock price fell about 6 percent on Friday, causing Musk’s personal net worth to tumble. Wall Street analysts seem split about whether the Cybertruck is a viable vehicle. Still, one analyst says that the broken window isn’t significant and that “ultimately we view this as a funny footnote.” Don’t worry too much about Musk’s pocketbook; his net worth is still about $23.6 billion dollars and he’s the 41st richest person on the planet.