Shares of Tesla plunged Thursday morning, accounting for a more than $17 billion cut to Elon Musk’s net worth, after Musk warned his automaker would likely have a “few rough quarters” ahead as federal electric vehicle tax credits expire soon.
Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2025/07/24/elon-musks-net-worth-drops-17-billion-as-tesla-shares-plunge/
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