• Musk loses $27 bn in a week, now $20 bn behind Bezos: Bloomberg

    Musk loses $27 bn in a week, now $20 bn behind Bezos: Bloomberg

    Published Date : 07-Mar-2021 7:24:20 IST

    Tesla CEO Elon Musk has lost $27 billion since Monday as shares of the automaker tumbled in the selloff of tech stocks, according to Bloomberg. Musk’s reduced net worth of $157 billion puts him $20 billion behind world’s richest person Amazon CEO Jeff Bezos, Bloomberg added. Tesla’s market value has declined by $230 billion in the past four weeks.

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