Elon Musk’s Fortune Shrinks $30 Billion As Tesla Stock Tumbles

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Elon Musk’s Fortune Shrinks $30 Billion As Tesla Stock Tumbles
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Elon Musk’s fortune currently resembles a yo-yo diet–befitting the first week of January.

Elon Musk’s fortune currently resembles a yo-yo diet—befitting the first week of January. In a matter of days, theThe Texas-based CEO is now worth an estimated $271.5 billion, just three days after better-than-expected vehicle delivery numbers pushed Tesla’s stock price up by 13.

5% on Monday–and sent his fortuneBut Musk’s winnings disappeared almost as soon as they arrived. He waved goodbye to about $13.9 billion of his fortune on Wednesday alone, then lost an additional $5.3 billion on Thursday. At the close of trading Thursday, Tesla shares were down about 11% from their Monday peak.

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