Elon Musk’s net worth dropped below $200 bn as new Twitter boss sells nearly $4 bn worth shares in Tesla

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Elon Musk’s net worth dropped below $200 bn as new Twitter boss sells nearly $4 bn worth shares in Tesla


Image Source : AP Twitter CEO Elon Musk

Twitter CEO Elon Musk’s net worth dropped below $200 billion as buyers dumped Tesla Inc (TSLA.O) shares on fears the highest government and largest shareholder of the world’s most beneficial electric-vehicle maker is extra preoccupied with Twitter, ANI quoted Reuters as saying.

Elon Musk has additionally offered 19.5 million Tesla shares worth USD 3.95 billion, U.S. securities filings confirmed.

Musk on Tuesday stated that politics is conflict and reality is first casualty, as he attacked Democrats and supported Republicans in the course of the US mid-term election.

“While it’s true that I’ve been under unfair and misleading attack for some time by leading Democrats, my motivation here is for centrist governance, which matches the interests of most Americans,” he tweeted.

Musk responded to Pranay Pathole who stated Elon has all the time been a Democratic supporter however “the hate he has been receiving by the Democratic senators is awful”.

“Politics is war and truth is the first casualty,” stated the Tesla CEO.

He additional stated that Twitter is essentially the most attention-grabbing place on the Internet.

“Twitter is the worst! But also the best,” Musk additional commented.

Musk on Monday stated that Americans ought to vote for Republicans in the midterm election.

He informed independent-minded voters that shared energy curbs the worst excesses of each events.

“Therefore, I recommend voting for a Republican Congress, given that the Presidency is Democratic,” the Twitter CEO posted to his nearly 115 million followers.

“Hardcore Democrats or Republicans never vote for the other side, so independent voters are the ones who actually decide who’s in charge,” Musk added.

Musk had lengthy been advocating free speech on the platform, creating apprehensions for a lot of as they worry the location shall be left with out rules.

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