• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

Musk loses more than $100B as Tesla gives up trillion-dollar company status amid sell-off

by February 27, 2025
written by February 27, 2025

Elon Musk’s status as the world’s wealthiest person is in no danger of changing.

But since mid-December, the tech titan’s net worth has declined by more than $100 billion, or approximately 25%, as a sell-off in shares of Tesla, his electric car maker, has accelerated in recent weeks.

On Tuesday, the stock closed down another 8% to $302.80 and is off 25% year to date. The latest drawdown comes as new data showed new Tesla vehicle registrations plummeting in Europe, down 45% year-on-year for January, even as overall sales growth of electric-battery vehicles on the continent climbed. Sales in China also recently came in trending down.

Some reports have suggested European buyers are revolting against Musk’s active role in the Trump administration, which is effectively resetting longstanding European relations.

Investors may also simply be locking in the extraordinary gains of the past year or so: Even with the recent drop-off, the stock is still up 52% over the past 12 months.

On Tuesday, Gary Black, managing partner at The Future Fund investment group, said Tesla shares could fall even further this year given an apparent revision in recent Tesla corporate management guidance about deliveries in 2025.

Musk has assumed an unprecedented — and highly controversial — role in American society with his alliance with President Donald Trump and his ostensible leadership of the Trump administration’s Department of Government Efficiency. Musk also leads SpaceX; the social media platform X; the xAI artificial intelligence company; and Neuralink, a company that is exploring brain-chip implants.

Yet Tesla investors have grown accustomed to Musk’s multiple responsibilities — and indeed, continue to value Tesla stock highly because they see Musk as a uniquely capable figure.

To that point, some investors say Tesla’s recent stock reversal may not endure in the long term. The company is expected to deploy a robo-taxi service later this year, and continues to roll out new models to adapt to shifting driver preferences. It is also unveiling its full-self-driving technology in China.

“Tesla’s superior products, new more affordable vehicle, which I believe will be a new form factor and expand Tesla’s total addressable market, and the promise of unsupervised autonomy will sell more Teslas,” Black wrote on X over the weekend.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Lucid CEO steps down; EV maker plans to more than double production in 2025
next post
‘New low’: Longtime House Dem ripped for ‘disgusting’ questioning of Musk’s loyalty to US as an immigrant

related articles

Cracker Barrel shares plummet after pushback on new...

August 22, 2025

Walmart boosts sales outlook as it says tariff...

August 21, 2025

How a ship that glides like a pelican...

August 21, 2025

Apple just landed a key win for the...

August 20, 2025

Best Buy launches third-party marketplace as it looks...

August 19, 2025

Group accused of using fake accounts to buy...

August 19, 2025

Playboy moving its headquarters to Miami Beach and...

August 17, 2025

Lyft co-founders to step down from ride-hailing firm’s...

August 16, 2025

Warren Buffett’s Berkshire Hathaway reveals new stake in...

August 16, 2025

Apple Watch getting redesigned blood oxygen feature following...

August 15, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • ‘Killed off Elmo’: Jeffries brings along stuffed friend for stunt on House floor

    June 13, 2025
  • Retail crime ‘queenpin’ to pay millions in restitution to retailers for theft ring

    January 23, 2025
  • Analysts are largely bullish on CoreWeave despite post-IPO struggles: read why

    April 22, 2025
  • Don’t expect any US-Russia rapprochement on Trump’s Watch

    December 12, 2024
  • The great airlift: how Apple ferried 1.5M iPhones from India to the US to beat Trump tariffs

    April 11, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,786)
  • Investing (634)
  • Stock (894)

Latest Posts

  • Trump claims Harris runs ‘a campaign of absolute hate’ following backlash to Madison Square Garden rally

    October 29, 2024
  • Liz Cheney bashes Trump in new key battleground Harris ad as election hits final sprint

    October 29, 2024
  • Rosenblatt raises price target on Broadcom stock to $2,400: Time to buy?

    July 11, 2024

Recent Posts

  • Warren explains her applause to Trump’s ‘Pocahontas’ jab during his speech to Congress

    March 6, 2025
  • Is it too late for DNC delegates to abandon Biden? A look at the Democrats’ nomination process

    July 12, 2024
  • Analysts see ‘enhanced buying opportunity’ as Apple rebounds but struggles to stabilize

    April 9, 2025

Editor’s Pick

  • Solana and Cardano: Solana manages to stop the retreat

    August 6, 2024
  • Super Micro Computer stock plummets 20% as CEO attributes underperformance to Nvidia delays

    August 7, 2024
  • Afghans for Trump group looking to make foreign policy — and 2021 withdrawal — front and center in election

    November 3, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock