Following Tesla’s robotaxi incident, Elon Musk’s net worth has accelerated to $15 billion. At the “We, Robot” occasion in Los Angeles on Thursday, Tesla unveiled its Cybercab prototype.
Elon Musk – Tesla’s robotaxi event
Many Wall Street analysts and traders were now not inspired via Tesla’s robotaxi event, where the agency unveiled the eagerly awaited prototypes for its Robovan and Cybercab. Following the incident, the company’s stock fell, taking CEO Elon Musk’s wealth with it.
Since Musk owns kind of 13% of Tesla’s stock, his internet really worth is fairly correlated with the organization’s valuation, fluctuating with it. And from $238.77 to $217.Eighty in line with share, Tesla’s stock fell more than 9% on Friday.
Elon Musk’s Net Worth
Elon Musk’s internet Net worth dropped with the aid of $15 billion, according to the Bloomberg Billionaires Index, which changed into updated following the stop of New York exchange. Musk continues to be the richest man inside the planet with a $240 billion ordinary internet well worth.
If Elon Musk’s sizeable compensation package deal makes it via the continued prison challenges, he will own greater than 20% of Tesla’s shares, probably growing his net really worth.
Business Insider’s requests for comment were not immediately answered by Musk or Tesla personnel.
According to Business Insider, many Wall Street analysts had more questions than answers regarding Tesla’s fleet of robotaxis after the “We, Robot” event. The lack of specificity in the company’s self-driving car plan was questioned by analysts, who also expressed doubt about the suggested release dates.
The stock may have declined as a result of this ambiguity and the absence of the long-promised, less costly Tesla.
Elon Musk stated during the event that Tesla intends to introduce its self-driving Cybercabs “before 2027” but did not specify when the company’s 20-seat Robovan will be on sale.
Additionally, the business unveiled the most recent iterations of its humanoid Optimus robots, which throughout the event danced, poured beverages, and posed for selfies.
Also Read – Explore Net Worth 2024 of Corey Feldman: What Is His Salary?
Smith Jones is a seasoned journalist and the chief editor at TodayInManila.com, specializing in Manila-centric news and feature stories. With Nine Year of experience covering everything from politics and business to culture and daily life, Smith’s work is defined by his dedication to factual reporting and his deep connection to the local community. His writing aims to reflect the real voices and issues of Todayinmanila, offering readers a comprehensive view of the city’s ever-changing landscape.
When not writing or reporting, Smith enjoys breaking news, politics, culture, or lifestyle, Smith’s insightful reporting keeps readers informed and connected to Manila’s dynamic pulse with the people and places that make Manila a truly unique metropolis.