Tesla CEO Elon Musk's net worth dropped below $400bn for the first time in 2025 as Tesla Inc. shares slumped due to investor concerns regarding the electric vehicle (EV) giant's future.
According to the Bloomberg Billionaires Index, Tesla shares and options contributes over 60% of Musk’s wealth. It which surged at $486.4bn on December 17 last year following Donald Trump’s victory in the US election. However, last week Tesla's shares dropped by 11% due to poor monthly sales, making it the worst since October.
Elon Musk's Net Worth
Musk's net worth is at $399bn on Friday, according to the Bloomberg Billionaires Index. On Wednesday, it reached $379 bn after a fall of $53.7bn year-to-date and $15.9bn from the previous change.
This fall was attributed to the advancements in autonomous driving from Tesla's Chinese rival BYD. Tesla's deliveries in Germany slumped by 59% to the lowest levels since 2021 and China sales fell 11.5% from a year earlier.
A Forbes report revealed a skeptical note from Oppenheimer analysts, led by Colin Rusch, warning that Musk’s “political activity risks consumer backlash” also believed to be attributing to this drop.
“Musk's political activity has fans in certain circles, but that his public life risks alienating consumers and employees as the Trump administration tests the limits of its power,” the report quoted the analysts as having written.
Tesla shares fell 6.34%, or $22.23, to a three-month low of $328.50 on the Nasdaq on Tuesday. They had also declined almost 32% from their all-time closing high of $479.86 on December 17, 2024.
According to Bloomberg, Musk's 42% stake in SpaceX is currently worth $136bn.
Elon Musk- Richest Person in World
In December last year, the Tesla CEO achieved a historic milestone with his net worth hitting $400bn, according to Bloomberg. Following Donald Trump's victory in the US election in November, Musk's wealth witnessed a significant boost.
Musk reportedly spent $277mn in the US election to support Trump and now he heads the Department of Government Efficiency (DOGE) which is aimed to cut federal spending.
